Online Gaming Platforms Bet on KYC Automation to Get Real Players in the Game

PYMNTS

Big business, online gaming and gambling became even more popular during the pandemic as consumers sought entertainment at home. In-game assets for digital gaming platforms are now collectively valued at more than $50 billion.

Gaming, Luxury And Crypto Make Headlines

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Hasbro’s digital gaming division plays a big role in the company’s revenue growth in 2021 Q2. Data: 118% : Year-to-year revenue growth from Hasbro’s digital gaming segment. 406M : Total value of Hasbro’s digital gaming division.

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Roblox Acquires Digital Gaming Community Startup Guilded

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Online entertainment firm Roblox is working to close an acquisition deal for online gaming community connection startup Guilded, according to a press release on Monday (Aug. Read more: Roblox IPO: This $30 Billion Kids’ Gaming Platform Is Bigger Than Etsy, Kroger And Best Buy.

Microsoft To Launch Streaming Gaming Service

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Microsoft ’s Xbox Cloud Gaming service, which is sort of a Netflix for games and was known previously as xCloud, is debuting this week on iPhones, iPads and personal computers (PCs), CNBC reported. per month and gain access to 100 titles under the Xbox Game Pass Ultimate plan.

The Startup End Game

SingleTrackAccounting

We have talked a lot about how to make the leap into entrepreneurship but we rarely talk about the end game. If you haven’t also planned your end game, you may be building a trap from which you find difficult to escape. The hardest part about starting a business is starting.

Betcris Expands Gaming/Betting Payment Platform With SafetyPay Partnership

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More regions legalizing sports betting, combined with the COVID-19 pandemic forcing casinos to close and many people to stay at home, sparked a sharp rise in online games and betting in all forms,” the companies said in a news release. “It

Bitcoin Daily: Ghana To Pilot Digital Currency; 1stDibs Rolls Out NFT Platform; Decentral Games Adds 3 New Gaming Venues

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Meanwhile, Decentral Games (DG) will be rolling out three new metaverse gaming venues, according to a press release. Bitcoin 1stdibs cryptocurrency Decentral Games digital currency Gaming Ghana Giesecke+Devrient News NFTs What's Hot

Amazon Debuts Free Shooter PC Game ‘Crucible’

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Amazon has released a video game called “Crucible,” which bears similarities to popular titles like “Overwatch,” “Fortnite” and “League of Legends,” CNBC reported. The launch of “Crucible” ranks Amazon along with Microsoft as the only big tech companies to make forays into the gaming space.

The Future Of Entertainment? Try Professional Gaming

PYMNTS

It’s doubtful that many PYMNTS readers play video games. It's not just a video game. For those who don’t play video games, that future starts with conceptualizing professional video gaming in the same manner that one would analyze a traditional sports team or event.

Online Gaming Places Its Bets On Real Time Payments

PYMNTS

The Kentucky Derby has just passed, the Preakness is coming up soon, and then the NBA playoffs, the NHL playoffs and, of course, the 2021 Summer Olympics are all coming up — and betting on gaming seems to be on the verge of a very big summer. Gaming’s Instant Payments Power-Up.

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Tipalti Teams With Video Game Firms On Mass Payments, AP

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Global payments automation platform Tipalti says it has made mass, automated payments seamless for numerous popular online video game customers, according to a press release. G is a gaming organization in the U.S.,

Gaming 100

Pollen VC Expands Credit Access For Game Developers

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Mobile game developers will have more access to credit under a new plan by FinTech Pollen VC , a press release says. Game developers will now be able to borrow up to four times what their games make every month in revenue.

Digital Sports Betting Co DraftKings To Buy Golden Nugget Online Gaming In Deal Worth $1.56B

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Digital sports gaming company DraftKings Inc. 9) announced its intent to purchase Golden Nugget Online Gaming in an all-stock transaction valued at roughly $1.56 Partnerships / Acquisitions acquisitions DraftKings Gaming Golden Nugget Online Gaming News What's Hot

Online Gaming’s Winning Payouts Plan

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But George Connors , senior vice president of gaming and sports solutions at Fiserv , told PYMNTS in a recent conversation that other things have remained the same — like online gaming. Sure, you can use the public Wi-Fi anywhere in a state where online gaming is allowed,” he said.

Gaming 101

Netflix To Go From Movies And TV To Gaming

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Netflix is looking to expand into the world of video games, and has recruited a former executive from Electronic Arts Inc. As Bloomberg News reported on Wednesday (July 14), Mike Verdu will join the streaming service as vice president of game development.

Sightline Payments Bets On Cashless Casinos For The Future Of Live Gaming

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Of these, he says, about half that number “really move the needle” on volume, so he sees adoption ramping up quickly. “Time To Play” Is The New Gaming Metric To Watch. To optimize the touchless casino gaming experience, Sightline focuses on a novel metric Sattar calls “time to play.”

Gaming 101

Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. It also examines how using biometric identification to build secure gaming platforms can deter malicious acts. .

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Can Digital Upgrades Save Monopoly (And Other Board Game Classics)?

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And that means this is the time of year for board games to shine. Yes, board games. On the cusp of 2020, board games remain relevant, and may even be enjoying a renaissance. As one recent report stated , board game sales in the U.S. The Future of Games.

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Global Payments Gaming Solutions on Taking an Omnichannel Approach to Streamlining Payments and AML/KYC Requirements

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Consumers’ interest in online gaming — and their expectations for seamless gaming experiences — have hit new highs during the pandemic. However, providing digital alternatives to brick-and-mortar gaming will no longer be enough [to really] meet patrons’ evolving needs.

The Voice Assistant Wars Shift To Gaming

PYMNTS

It seems a new competitor — care of Sony — is suiting up, and theoretically set to be released in tandem with its next flagship gaming system, the PlayStation 5 (PS5). That would be culinary arts, sensors and gaming. The Gaming Voice Assistant . Gaming As A Power-Up To Catch-Up

The Largest Consumer Fraud: MLM (on the Investigation Game Podcast)

FraudFiles

Last week I joined Leah Wietholter of Workman Forensics in Tulsa, OK on her podcast The Investigation Game. Consumer Protection Podcasts investigation game workman forensicsWe talked about one of the largest consumer frauds: multi-level marketing (MLM).

Amazon Gaming’s Luna Offers Free Trial To Prime Members

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Amazon said Monday (June 14) that it is opening access to its cloud-gaming platform Luna to Prime members June 21 and 22, which is Amazon Prime Day, according to an announcement on the company’s website. per month for access to games, including Control, GRID and Metro Exodus.

Epic Games, Apple Reveal Arguments Ahead Of Antitrust Trial

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Epic Games and Apple outlined their arguments in a dispute over Apple’s control of the App Store before an antitrust trial set to begin next month through their own separate legal filings, CNBC reported. Legal Antitrust Apple Epic Games Lawsuits legal mobile News What's Hot

Nuvei To Acquire Gaming Payments Provider Mazooma For $56 Million

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Global payments technology provider Nuvei announced Friday (April 16) it plans to acquire Mazooma Technical Services, which deals in payments for gaming and sports wagering. Partnerships / Acquisitions acquisitions Gaming Mazooma News Nuvei What's Hot

Deep Dive: How AML/KYC Efforts Protect Online Gaming From Cybercrime Threats

PYMNTS

Online gaming covers a wide variety of markets, including multiplayer video games, online gambling and eSports gaming. Online gaming has exploded globally and is expected to be worth an estimated $196 billion in revenue by next year.

Fortnite Creator Epic Games Hauls Google Into Australian Court

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Epic Games , the maker of Fortnite, is suing Google in Australia over alleged anti-competitive behavior that violates the country’s antitrust regulations. Epic Games also filed a claim in Australia against Apple and has an active antitrust lawsuit in the European Union against Apple.

Easing Video Game Developers' Influencer Payout Headaches

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Konstantin Andryushchenko , head of Publishing Business at game developer payment services firm Xsolla , said influencer marketing budgets are ballooning. Video Game Developers. Content creators are big business for the video game arena.

Roblox Gaming Platform Pursues Older Users; Readies For Direct Listing

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Roblox Founder and CEO David Baszucki said that he wants people to see the company as more than a gaming site, and one that can provide live events like entertainment and educational programming. IPO entertainment Gaming ipo News Roblox stock market What Is Investing?

High Tech Streaming Video Games Due For A Digital Payments Transformation

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Video games used to fit neatly into a box with some very well-defined parameters. Gamers were generally young and male; games were physical goods to be purchased; and playing them was largely limited to console action. That’s why Blackhawk launched Boost Gaming last fall, he said.

Musk Calls Apple's App Store Fees A 'Tax,' Backs Epic Games

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Elon Musk has thrown his hat in the ring in the ongoing legal battle between tech giant Apple and Epic Games , which makes the ultra-popular Fortnite game, The Wall Street Journal (WSJ) writes.

The Hunt Is On For Facebook’s Cloud Games On Apple Devices

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Facebook’s cloud gaming services is now available on iPhones and iPads — for those who know how to find it. Those who do find Facebook’s games will pay for them using the social network’s custom payments system called Facebook Pay, which can also be used for in-game purchases.

Mobile Gaming Firm Skillz Plans IPO Via SPAC

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Mobile game platform Skillz is looking to go public, and a partnership with Flying Eagle Acquisition Corp. The company particularly works in competitive and casual tournaments, like the thousands of such examples from this year in eSports and games played on the platform for paid entry fees.

Google Launches Gaming Service

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Google has launched its cloud gaming platform, a service called Stadia , with the introduction coming as payments is commanding a bigger role in online and mobile games. Boasting that “the future of gaming is not a box,” Google said players using the Stadia cloud-based streaming service can “play across multiple devices, including laptops, desktops and select phones and tablets.” Stadia users can also watch a clip of a game and then start playing from that point.

Blackhawk CEO: eGift Cards Find New Life As Gaming Currency

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Gaming , streaming and incentive-type disbursements are just a few of the various everyday payment solutions where gift cards are playing a role well beyond the gifting use case. The Gaming Angle.

ByteDance Acquires Mobile Games Maker Moonton Technology

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ByteDance stepped further into the video game world this week, with its gaming arm, Nuverse, acquiring the Shanghai games maker Moontoon Technology. Acquiring acquisitions Bytedance entertainment Gaming international M&A Montoon Technology News What's Hot

MGM Backs Off Acquisition Of British Gaming Platform Entain

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MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain , which is its BetMGM partner. Share prices of online sports betting firms DraftKings and Penn Gaming have escalated over the past year.

Apple Has Pulled Epic Games From App Store

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While a judge may not settle the dispute between Apple and Epic Games for months, the computer giant pulled the Fortnite maker’s games from the App Store on Friday (Aug. Epic emailed its Fortnite players that the iOS and Mac versions of the game are blocked from receiving updates.

How Video Games Are Helping Retailers Grow And Innovate

PYMNTS

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video games have changed a lot since the early days of home gaming in the late 1970s and early ’80s. The graphics improved, the games got more expensive and elaborate, and a whole lot more people from every walk of life are playing them. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”.

Epic Games Introduces Xbox, PS5 Fortnite Crew Subscription

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Epic Games is rolling out a new monthly subscription service — Fortnite Crew — for Xbox and Playstation gaming systems, timed with the Dec. As of May, Epic Games reported that it had over 350 million registered Fortnite players. .

The Late B2B Payments Blame Game Expands

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The late payments fight is a complex one, requiring an understanding of both buyers’ and suppliers’ cash flow needs, their leverage in the market and their understanding of what constitutes responsible and fair payment terms.

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Amazon Eyes Streaming Deal for the NFL Sunday Ticket Games

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In May, Amazon emerged as the winner in bidding for the right to the NFL's "Thursday Night Football" and will pay $1 billion a year to show games on its Prime Video service.

Gaming 101

Epic Games Buys Online Marketplace ArtStation

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Epic Games has acquired ArtStation , according to a company blog post. ArtStation allows creators in games, media and entertainment to develop and share portfolios, post and discover job opportunities and make a living, the post stated.

Biometrics Battles Evil On Gaming Platforms

PYMNTS

Identity fraud is nothing to play around with, but you wouldn’t know that given its prevalence in the online gaming sector. Three out of four American consumers are now interacting with gaming platforms, spending up to 14 hours a week on them — up from 12 hours in 2018.