MGCB Authorizes Parx Interactive to Launch Sports Betting

Parx Interactive, a digital gaming and betting brand of Greenwood Gaming and Entertainment, Inc., is set to expand its presence in Michigan after a regulatory approval today allowed the brand and its partner to launch online sports betting. 14th Fully Authorized State Operator. The approval for the launch of online...
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Paysafe To Acquire Alternative Payments Firm PagoEfectivo For Undisclosed Sum

Payments platform Paysafe Ltd (NYSE: PSFE) agreed to acquire Empresa Editora El Comercio S.A. subsidiary PagoEfectivo, a Peruvian alternative payments (APM) platform. The financial terms of the transaction remain undisclosed. PagoEfectivo CEO, Juan Fernando Villena, will join Paysafe under the arrangement. It marks Paysafe's strategic foothold in Latin America, one...
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Deutsche Bank (DB) Selected as Depositary Bank for the Underwritten American Depositary Receipt Suite of European Metals Holdings Ltd (EMHXY); Paysafe Ltd (NYSE: PSFE) Boosts its Panel with the Selection of Mark Brooker as Non-Executive Director

Deutsche Bank AG (NYSE: DB) announced its selection as a depositary bank for the ADR suite of European Metals Holdings Limited (OTCMKTS: EMHXY). Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank, said, “Deutsche Bank will place its complete sequence of adapted amenities to help European Metals in augmenting the discernibility of its ADR package with the investor public.”
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GUEST COMMENT Why retailers should be offering more payment choices at the checkout – Views | #phishing | #scams

Luca Visco Gilardi – VP Account Management, Digital Wallets at Paysafe. Many retailers haven’t yet extended their payment acceptance beyond debit and credit cards. But while these two payment methods have been popular among consumers for a long time, our latest Lost in Transaction data shows preferences are becoming increasingly diverse, particularly following the pandemic. And customers have never been more likely to abandon their online baskets if their preferred payment method isn’t on offer.

Traders Ignoring Paysafe Stock As Growth ‘Only’ in Low Double Digits

Special purpose acquisition companies (SPACs) have been on a massive losing streak lately. Just about all of the high-profile SPACs have been caught up in the undertow. This has hit Paysafe Limited (NYSE:PSFE), a leading online payments company. PSFE stock is set to open August trading at $10.79. Paysafe came...

What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.

Monday is over and a busy week in the stock market is kicking off. Ahead, investors can expect initial public offerings from 11 companies, including European Wax Center, Weber and Adagio Therapeutics, a Covid-19 antibody maker. But beyond getting to know some new stocks, what else did the stock market do today?

Paysafe Limited (PSFE) Acquires PagoEfectivo

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Paysafe (NYSE: PSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world's fastest-growing online markets where merchants and consumers alike are demonstrating an increased appetite for alternative payment methods and online banking solutions.

Paysafe adds Mark Brooker to its Board

Former COO at Betfair and William Hill's director, Brooker joined as an additional member of the board, which is led by chairman Bill Foley and includes executive director and Paysafe CEO Philip McHugh. With his appointment, the company’s board is now comprised of 12 directors. T — he specialized payments...

Analysts Set Paysafe Limited (NASDAQ:PSFE) Price Target at $17.00

Shares of Paysafe Limited (NASDAQ:PSFE) have earned an average recommendation of “Buy” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $17.00.

Parx Interactive Integrates Paysafe Payment Solutions

Parx Interactive has teamed up with Paysafe, a specialized payment platform, to provide better payment options to Michigan players. The partnership will give gamblers easier payment options for their online gaming activity, and new states will be added in the coming months. Parx to Integrate Paysafe’s Payment Solutions. Parx Interactive,...
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The Motley Fool

2 Growth Stocks to Buy for the Next Decade

Banking and payments are due for a shake-up by new entrants. Big, legacy firms have been slow to keep up with digital trends, leaving the door open to smaller competitors. These two companies operate in different areas of finance, and are leveraging unique growth opportunities. Banking is an entrenched industry....

Paysafe appoints Mark Brooker as Non-Executive Board Director

Paysafe, a payments platform, announced it had appointed Mark Brooker as an independent Non-Executive Board Director effective July 22. Brooker joins Paysafe as an additional member of the board, which chairman Bill Foley leads, and includes an executive director and Paysafe CEO, Philip McHugh. Brooker brings extensive and highly relevant...
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'The House Wins' When It Comes To Casinos Offering Mobile Disbursements

Consumers are growing to expect instant disbursements across all industries, and the gaming and gambling industry is no exception. Numerous U.S. states are moving toward legalizing online gaming, which is prompting a host of collaborations intended to give players their winnings — fast. The eSports space, which is slated to reach $1 billion by the end of the year, is also on a tear, with events from around the globe pulling in video gamers and tens of thousands of spectators.

Venmo’s Real Threat to Banking: Making Payments Fun

History may show that Venmo, part payment app, part social media channel, did more to 'un-bank' consumer payments than any other factor. The mobile P2P app now has stiff competition from bank-owned Zelle and others, but continues to grow rapidly. The reasons why are not all unique, but taken together make it a potent competitor.

Technologies that Allow You to Pay at Online Casinos Quickly and Securely

Creating a safe and sound gaming environment is an absolute must for online casinos, while a seamless and interrupted experience to players utilizing multiple platforms is implied. This looks like a rather hard question to answer correctly, given the sites have to combine software from different providers with payment gateways produced elsewhere.
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Paysafe Partner With Parx Interactive to Provide Better Payment Solutions for Michigan Players

Paysafe (NYSE: PSFE), a specialised payments platform, has partnered with Parx Interactive, the Bensalem, Pennsylvania-based gaming company owned by Greenwood Gaming and Entertainment, Inc. The first phase of a multi-state partnership sees the Parx Interactive-powered Play Gun Lake online casino and sportsbook for Michigan plug into Paysafe for access to all its traditional and alternative payment solutions.

Paysafe to broaden payment options for Parx Interactive in US

This is the first phase of a multi-state partnership. It offers real-money iGaming options, both for wagers on video slots and casino table games, and also for U.S. and international sports. Traditional payment methods such as credit or debit cards are contactless, digital wallet users can make the deposit through Skrill, and cash-focused players will be able to wager using paysafecard eCash solution.

Eurotrade sets up South Africa subsidiary, announces new hires

CySec-regulated broker Eurotrade has unveiled a new South African-licensed entity in a bid expand its brokerage business in Africa, or possibly to offset the impact of sluggish economic conditions and regulatory restrictions in its core markets. Interestingly though, Eurotrade’s licence was issued in 2012 under FSP No 44351 and registration...

PaySafe Ltd (NYSE: PSFE) Announced that Skrill’s Digital Wallet now has 20 New Cryptocurrencies

PaySafe Ltd (NYSE: PSFE), a high-performance specialized payments firm, announced that the digital wallet in the Skrill platform now has 20 new cryptocurrencies. This company that concentrates on digital payments has integrated 20 new cryptos for its clientele to trade, buy and sell. Some of the cryptos in the wallet include; Polygon (MATIC), Uniswap (UNI), Dogecoin (DOGE), Ankr (ANKR), Aave (AAVE), and many more. Skrill says the addition of these 20 new cryptocurrencies will bring the total number up to 35. The digital wallet initially already had 15 cryptos. However, Skrill’s team also discovered that their customers could find such cryptocurrencies on NETELLER, another proprietary digital wallet of PaySafes and an e-money transfer platform.

Paysafe expands board with appointment of former Betfair executive

New York-listed payment processor Paysafe has strengthened its board with the appointment of former Betfair executive Mark Brooker as an independent non-executive director. Brooker brings extensive experience to the board, having previously served as chief operating officer of Trainline, Europe’s largest independent retailer of rail and coach tickets, and chief operating officer of Betfair, now part of Flutter Entertainment.