Gaming industry organization, EGBA, adds Yaspa as its most recent associate member.
In a significant move, fintech company Yaspa has joined the European Gaming and Betting Association (EGBA) as an associate member. This partnership is set to leverage Yaspa's expertise in open banking solutions to enhance EGBA's understanding and approach to the ever-evolving payments landscape within the gaming industry.
### Yaspa's Role in EGBA
By becoming a part of EGBA, Yaspa will contribute its insights on open banking and customer verification, focusing on secure and seamless payment solutions. The company will also collaborate with EGBA to shape the future of payments within the gaming sector, aiming to unite the industry's voice around technological solutions.
### Contribution to Secure and Efficient Payment Solutions
Yaspa's Intelligent Payments system, which utilizes open banking, will enable real-time bank payments, enhancing security and efficiency in transactions. The system also helps operators identify vulnerable players and manage affordability checks, ensuring a more protective environment for consumers. Furthermore, Yaspa's technology aids in detecting and preventing bonus abuse, contributing to a safer gambling environment.
The system facilitates real-time financial assessments, enabling operators to manage affordability checks more effectively and ensuring compliance with regulatory standards. Yaspa's real-time bank payments (Pay by Bank) are combined with customer insights, offering a holistic approach to payment solutions.
### A Commitment to Consumer Protection and Innovation
Yaspa's involvement with EGBA underscores a commitment to innovation and consumer protection in the European gaming and betting industry. The company aims to help shape the future of secure and seamless payments, ensuring that the industry keeps pace with the latest technological advancements.
EGBA, on the other hand, is keen to encourage technological solutions and their implementation on every level of the industry. The association is looking to expand its membership list with companies like Yaspa, specifically from the fintech sector, to achieve this goal.
Maarten Haijer, Secretary-General of EGBA, expressed his excitement about the partnership, looking forward to collaborating with Yaspa's team. Yaspa, an award-winning fintech firm, will undoubtedly bring valuable expertise in open banking payments and verification to EGBA and its members.
In summary, the partnership between Yaspa and EGBA is a significant step towards driving innovation, improving consumer protection, and ensuring secure and efficient payment solutions in the European gaming and betting industry. Both parties are eager to collaborate and contribute to a safer, more technologically advanced, and more responsible gaming environment.
Yaspa's expertise in open banking solutions, combined with its focus on finance and technology, will help EGBA shape the future of payment systems within the gaming industry, ensuring secure and seamless transactions. By integrating technology into payment solutions, Yaspa aims to prevent bonus abuse, protect vulnerable consumers, and maintain compliance with regulatory standards in the facilities of the evolving business landscape.
