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Pay8 signs MOU with CEZA

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Pay8, a Fintech company, represented by its chairman Kirk Arambulo, has signed a Memorandum of Understanding with Secretary Raul Lambino of the Cagayan Economic Zone Authority (CEZA).

Pay8, which specializes in payment solutions, is providing the CEZA Zone with last mile connectivity using their proprietary platform to enable online payments in remote areas.

The project is in line with the programs of the Duterte administration for financial inclusion, giving the 80% of the unbanked population in the Philippines access to the banking network. This will include residents, locators, small businessmen in the Sari Sari stores, fishing operators, and transportation operators.

Pay8 serves as a payment gateway by utilizing a portable point of sale (POS) system, bringing mass transactions online for often isolated communities. It also dovetails with the ecotourism push, allowing hotels and resorts in CEZA to accept and receive tourist payments under bancnet and Visa/MC.

This connectivity will also take advantage of the proximity of the new airport in CEZA to major North Asian cities being a short 45 minute flight from most of the coastal cities of China and Taiwan, and less than two hours from Japan and Korea.

“We are excited to be part of the pivot of CEZA towards being the Fintech leader in Asia. We look forward to working hand in hand with them to provide an effective platform for financial inclusion. This Filipino developed platform is scalable and can be a showcase for other emerging markets in Asia and is aimed at helping CEZA constituents compete in the digital world”, said HatchAsia President, Kirk Arambulo.

Pay8 is a majority owned subsidiary company of HatchAsia Inc., which has filed for its listing by introduction with the Philippine Stock Exchange (PSE).

 

About HatchAsia Inc.

HatchAsia is a gaming and IT services company dedicated to reshaping the digital landscape through innovative technology and business process solutions.
Located in the heart of Bonifacio Global City (BGC) in Taguig City, the company offers customer service and helpdesk support, field technical support, datacenter provision and maintenance, as well as cash management and financial support to its customers.
Its software services delivery unit provides end-to-end solutions covering project management, applications design and development, data management and information processing services.
HatchAsia is headed up by President and CEO, Kirk A. Arambulo.
For more information, visit www.hatchasia.com

Source: Latest News at European Gaming Media

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EGT Interactive – new game release in dice family

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Autumn is here again! In all its shine, with all the warmth nuances of the colors and that divine aroma that touch the senses, with that expectation for something new.

This October, following that mood, EGT Interactive is happy to announce that another member in its dice games family is already live – Imperial Dice.

Just like its origin (Imperial Wars) this multiline slot is with conquering taste. But all the symbols are like dices! Their variety in this lavish 5-reel, 20-line game is full and quickly lead to high paying wins. The slot consists of 12 cards – 1 of which is Wild, 1 is Extra Spin and 1 is Scatter. Free spins and a four-level mystery Jackpot are featured too. Available on Desktop.

 

About EGT Interactive:
EGT Interactive is a Bulgaria-based gaming provider that brings the 15 years of experience of the EGT’s land-based casino slots to the world of online casino games. The company is growing rapidly through constant innovation, consumer-centric approach and top-notch support. Every single aspect of the company’s products is designed in line with the customer needs. The EGT games are based on an attractive Return-to-Player (RTP) strategy, which has proven to increase the player lifetime value.

 

Source: Latest News at European Gaming Media

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FeedConstruct revolutionizes live scouting with AJNA

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 The data feed solutions provider of BetConstruct presented a more refined and accurate solution for data scouting.

 

Contemplating the ways of providing sporting data in a faster and more efficient manner, the company developed a feed solution enhanced with AI/ML called AJNA which was unveiled at Sportel Monaco. Translated as a third eye, it is an augmented live video streaming which recognizes gameflow of the sporting events, providing advanced player tracking in live mode and collecting more technical data to create new unique markets to bet on.

“Machine learning penetrates IT sectors and as a forward-looking company, we seek the ways to infuse our solutions with methods of automated data analysis. The concept of our solution bares its roots for Hindu tradition, the third-eye chakra called AJNA specifically. The on-field observation of a scout provides rather accurate data, whereas the augmented streaming reveals insights to the gameflow that a human eye can’t see. With AJNA, we enrich our sports betting offering with additional augmentation and a more statistical data gathered.” – commented our Founder and CEO Vigen Badalyan.

The solution consists of a single or double camera setup. As they deliver the streaming, AJNA solution does an auto field geometry detection from the video. Within a few minutes, the powerful eye of FeedConstruct identifies field scheme and corners having video frames transformed and sent to the tracking system one by one. Right after, players and ball detection comes into force. AJNA does a custom clusterization on sequences of images for each detected player in order to classify them to a team or referee group. During the match, AJNA recognizes full gameflow including events like ball possession, danger and many more. It also offers an extended personal tracking like player’s speed or distance run per game. Such collected statistics can be converted into a number of exciting markets to bet on.

As for now, FeedConstruct has developed AJNA to provide a full live on-field coverage of football with a further intention to expand the coverage for more sports types.

 

FeedConstruct is a digital content provider offering real-time data feed solutions perfectly tailored to capture and entertain any audience. Among our solutions is

Friendship platform, an exclusive offer for federations and sports content providers allowing them to deliver streamings from events to 300+ betting operators to purchase. FeedConstruct’s Live Scouts’ reporting combines fast and secure communications to provide accurate and reliable information. Based on our scouts’ reporting, we also provide highly efficient Odds Feed service. For a wide variety of sports data we have Statistics service. To perfectly engage any audience, we provide Live Sports Video Streaming service.

Source: Latest News at European Gaming Media

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Sportradar releases official response to Independent Review of Integrity in Tennis

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Sportradar, the world’s leading provider of data, content and integrity solutions, has published its response to the Independent Review of Integrity in Tennis report, released in April this year, which proposed recommendations for addressing the sport’s integrity issues.

 

Within the response, Sportradar has supported the majority of the Panel’s recommendations but outlined concerns in relation to the recommendation regarding the discontinuance of data sales, stating that this approach would not only fail in practice but would cause further risk to the integrity of the game, with potentially irreversible consequences.

Sportradar Managing Director Group Operations, David Lampitt explained the factors outlined within the company’s response.

“Attempting a total data black-out on a sport has never been done, or even trialed or tested before. Counter evidence and expert analysis indicate that such an approach is likely to have a harmful effect on integrity, which would be hard to reverse if unsuccessful.

“So, the Panel is staking its reputation, and that of the sport, on an uncertain ‘guess’, when there is good evidence that a different approach and an incremental process of implementing enhanced and targeted measures would be more likely to deliver successful outcomes and integrity benefits.

“If the recommendations remain unchanged, they would push the betting market underground where the integrity issues would be out of sight. This may give the veneer of improving the situation but would not deal with the underlying issues. These must not be brushed under the carpet.

“It’s important to point out that the relative risk that the Review attributes to the different levels of tennis is also misleading. In 2017, and consistently over the last four years, ITF tennis has, in fact, had the lowest risk of corruption across all the levels of the professional game, including the Grand Slams.

“Of course, integrity risks exist across all levels. But they are most prevalent at the mid-level of the Men’s game, so the rationale for applying the most draconian measures to the ITF Men’s and Women’scompetitions and recommending relatively modest changes at the other levels doesn’t tally with the evidence.

“Ultimately our interests, like the Panel’s and other stakeholders involved, including the tennis governing bodies as well as the betting companies, are focused on safeguarding a clean sport. We want to be transparent about our submissions as we believe the evidence is important to ensure decisions are not taken that may have unintended and harmful consequences for the sport.”

Sportradar’s recommendations outlined within the response to the Review include:

  1. Implement a proactive tennis-wide approach to restricting data distribution, targeting specific matches with an elevated risk of corrupt activity based on a consistent and analysis-led evaluation. This is something that Sportradar is doing as part of their integrity partnership with the ITF
  2. Create a new body made up of representatives from tennis, betting operators and sports data companies to ensure a more concerted and collective approach to fighting corruption in tennis across related operational areas that should include the application of the above targeted data restrictions
  3. Increase AV streaming coverage, where possible, to help provide reliable evidence
  4. Create new regulations to enable quicker sanctioning based on betting data and expert player analysis
  5. Bring in targeted measures to deal with online abuse of players, especially at lower levels, enabling players to escalate concerns
  6. Use technology to target risks, streamline processes, maximise impact and enhance intelligence-led enforcement action

The Independent Review of Integrity in Tennis was released on 25 April this year after the tennis international governing bodies, the ATP, the WTA, the ITF and the Grand Slam Board appointed an Independent Review Panel to address betting related and other integrity issues facing the sport in early 2016.

Sportradar’s official response to the Independent Review of Integrity in Tennis is available in full here.

Source: Latest News at European Gaming Media

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