Friday, August 29, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Artificial intelligence displayed on a vintage typewriter with the words "Artificial Intelligence"

    Artificial intelligence — The New Language of Tomorrow’s Economy, According to Aleksandr Katsuba

    Windows 11 Safely

    How to Download and Install KMSpico on Windows 11 Safely (Step-by-Step Guide with Alternatives)

    tech

    The Rise of Minimalist Tech: Why Consumers Are Choosing Compact Gadgets

    Revolutionizing

    How Technology Is Revolutionizing the Way We Travel

    Online Casino Game

    The iGaming software provider matters: Is it the best way for online casinos to achieve long-term success?

    Casino Slot Game

    Find Legit AU Online Casinos | Safe Gambling Guide

    Baby Sleeping Peacefully

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Artificial Intelligence

    Europe’s AI Act Enters New Phase

    Close-up of a laptop screen displaying lines of code in a text editor, highlighting programming work in progress.

    How Technology Innovations Are Redefining Online Casinos and Sports Betting Experiences

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    Senior Citizen in a wheelchair

    How to Support and Manage Your Parents’ Financial Decisions Through Dementia

    Mobile Apps for Managing Finances: What to Choose in 2025

    Mobile Apps for Managing Finances: What to Choose in 2025

    Bank Branch Presence in the UK: Then and Now

    Bank Branch Presence in the UK: Then and Now

    Financial graph illustrating investment performance

    Tradock Explained | What This Trading Platform Offers

    Investment Graph in different device screens

    Quantiumax Reviews: What Makes This Broker the Best Choice Available

    Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky

    Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

    Using a Laptop

    How to Accept Altcoin Payments and Upgrade Your UX Strategy

    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

  • Environment
    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

  • Property
    Close-up of Bungalow Houses

    The Key Reasons Park Bungalows Are A Smart Investment

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    How to Streamline Your Home Expenses

    How to Streamline Your Home Expenses

    How To Plan Your Home Improvements in Six Easy Steps

    How To Plan Your Home Improvements in Six Easy Steps

    Budgeting for a House Sale: What Most Sellers Forget

    Budgeting for a House Sale: What Most Sellers Forget

    Home and business removals: Streamlining your move

    Home and business removals: Streamlining your move

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    6 Common Admin Mistakes that Property Managers Make

    6 Common Admin Mistakes that Property Managers Make

  • eCommerce
    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

No Result
View All Result
Today News
Home Finance

Open-source banking growth in the iGaming sector

David Prior by David Prior
March 28, 2022
Reading Time: 4 mins read
Open-source banking growth in the iGaming sector
231
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Since Open Banking first emerged in 2018, it has been utilised broadly across various sectors. From third-party loan providers to iGaming sites, lots of UK-based businesses have taken advantage of open-source banking to improve things for their customers. 

Below, we explain exactly what Open Banking is, why it’s growing in popularity in the iGaming sector, and how it’s in keeping with the various other payment options available to iGaming customers. 

Related posts

Senior Citizen in a wheelchair

How to Support and Manage Your Parents’ Financial Decisions Through Dementia

August 26, 2025
556
Mobile Apps for Managing Finances: What to Choose in 2025

Mobile Apps for Managing Finances: What to Choose in 2025

August 22, 2025
416

What is Open Banking? 

In 2018, the UK government passed Open Banking legislation designed to enable financial institutions to share customer data with approved third parties. Utilising Application Programming Interfaces (APIs), Open Banking has motivated providers across a broad range of industries to improve their services and offer better value to clients, making it much easier for them to control their finances.

Here’s what it means for the iGaming sector specifically. 

Open Banking and iGaming – a match made in heaven? 

Open Banking has made iGaming more accessible for customers, particularly in regards to their payment options. Thanks to Open Banking, iGaming customers can now: 

  • Top up their accounts seamlessly, thanks to direct payments. Customers are now no longer directed to a third-party e-payment interface. 
  • Receive instant payouts through direct authentication. 

What’s more, iGaming customers (such as those at online casinos, sports betting sites or bingo and poker sites) are now better protected against fraud thanks to Open Banking. This is because users can link their iGaming accounts directly to their Open Banking accounts, enabling sites to weed out fraudsters and verify a customer’s personal credentials. 

Customers may also benefit from effective segmentation and personalisation, as categorised transaction data allows operators to improve their service offer based on a customer’s actual gaming history. 

In other words, Open Banking has resulted in a range of impressive benefits for iGaming customers, and it’s little surprise that it is becoming one of the most popular payment methods with providers and customers alike. 

Open Banking providers for the iGaming sector 

There are multiple Open Banking providers within the iGaming sector. One of the most prevalent is Trustly, which provides instant deposits, instant withdrawals, and pay n play options to their gaming clients. 

Trustly also helps iGaming providers to manage their customer data better while streamlining their KYC (know your customer) administrative responsibilities at the same time. Many casino operators have partnered with Trustly to improve the customer experience when playing online, making it easier for their clients to instantly deposit and receive funds.

The importance of multiple payment options for iGaming providers 

Only a matter of decades ago, the only way to place a bet was to head to your local bookmakers and deposit cash across the counter with a paper slip. Needless to say, all that has changed in the present day. While iGaming platforms still welcome cash deposits via debit card payments, they’re only one of many payment options available to online gamers. 

In recent times, most iGaming platforms have enabled players to deposit funds into their online accounts directly from e-wallets like PayPal and Neteller. E-wallets have myriad benefits and are much easier for customers to open than bank accounts. They also come with the added benefit of being accessible in multiple currencies, providing online gamers with greater flexibility when it comes to signing up for specific platforms. 

Something else that many iGaming platforms have embraced in recent times is cryptocurrencies. Lots of online gamblers favour crypto because it allows them to retain a degree of anonymity while placing bets online. Many customers that use crypto also feel that their personal data is safer when transacting with currency such as Bitcoin or Ethereum. 

The bottom line is that there are so many different ways in which iGaming customers can deposit money into their accounts in the present day. And without a doubt, Open Banking providers have made the process even easier for customers and iGaming platforms alike. 

Final thoughts 

The iGaming sector has come a long way from its humble beginnings in the 1990s. And thanks to recent innovations in relation to Open Banking, it’s now easier than ever for iGaming customers to deposit funds and make withdrawals instantly. 

It presents iGaming customers with another viable payment option when setting up their accounts, and it is undoubtedly a technological advancement that has changed the sector for the better.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

HAT’s the way to do it: what are Raspberry Pi HATs, and how could you use them?

Next Post

6 Best Online Business Ideas in Europe

Related Posts

Senior Citizen in a wheelchair
Finance

How to Support and Manage Your Parents’ Financial Decisions Through Dementia

August 26, 2025
556
Mobile Apps for Managing Finances: What to Choose in 2025
Finance

Mobile Apps for Managing Finances: What to Choose in 2025

August 22, 2025
416
Bank Branch Presence in the UK: Then and Now
Finance

Bank Branch Presence in the UK: Then and Now

August 22, 2025
457
Financial graph illustrating investment performance
Finance

Tradock Explained | What This Trading Platform Offers

August 19, 2025
528
Investment Graph in different device screens
Finance

Quantiumax Reviews: What Makes This Broker the Best Choice Available

August 15, 2025
588
Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky
Finance

Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

August 5, 2025
467
Next Post
6 Best Online Business Ideas in Europe

6 Best Online Business Ideas in Europe

RECOMMENDED NEWS

Demon Slayer Katanas

The Fascinating World of Demon Slayer Katanas

1 year ago
25
The Importance of Content Moderation for User Engagement and Brand Reputation

The Importance of Content Moderation for User Engagement and Brand Reputation

2 years ago
14
How cross-platform, cloud and blockchain gaming are changing iGaming

How cross-platform, cloud and blockchain gaming are changing iGaming

2 years ago
445
Medication Management

Medication Management: Enhancing Daily Life with Pill Boxes and Organisers

8 months ago
24

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

BONK saved Solana from becoming ordinary ― Here’s how

August 28, 2025
Bright neon sign reading "Game On," illuminating the surrounding area with vibrant colors.

The Rise of Gamification Across Industries

August 28, 2025
Close-up of a person gripping a smartphone with a mobile game on the screen, highlighting mobile gaming culture.

The Dawn of Mobile Gaming

August 28, 2025
Woman intently gazes at a casino slot machine, contemplating her next move.

Are online casinos safer than the high street? A look at security in 2025

August 28, 2025
Artificial intelligence displayed on a vintage typewriter with the words "Artificial Intelligence"

Artificial intelligence — The New Language of Tomorrow’s Economy, According to Aleksandr Katsuba

August 28, 2025
Ski lift elevated above the ground at a ski resort, with a backdrop of snowy peaks and clear blue skies.

Why ski resorts are the ultimate winter escape

August 28, 2025
Man driving a car at night, focused on the road with one hand on the steering wheel.

Gaining Independence: How Learning to Drive Changes Everyday Life

August 28, 2025
Weather-Resistant Printed Workwear for Outdoor Jobs

Weather-Resistant Printed Workwear for Outdoor Jobs

August 28, 2025
Sleep, Stress and Balance: Why More Britons Turn to Floral Solutions

Sleep, Stress and Balance: Why More Britons Turn to Floral Solutions

August 28, 2025
Comparing Regulatory Overhauls: How the UK’s New Land-Based Casino Reforms Passed into Law

Comparing Regulatory Overhauls: How the UK’s New Land-Based Casino Reforms Passed into Law

August 28, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

BONK saved Solana from becoming ordinary ― Here’s how

August 28, 2025
Bright neon sign reading "Game On," illuminating the surrounding area with vibrant colors.

The Rise of Gamification Across Industries

August 28, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact