Consulting and Support Services Archives - WiseAlt

Stripe Payments Company — Not Suited for iGaming? Here’s What You Should Know

Illustration of Stripe Payments Company alternatives for gambling and iGaming with roulette, credit card, consultant, and smartphone

Many businesses start out searching for a Stripe payments company, hoping to plug in a sleek solution and start processing transactions immediately. But for gambling, betting, and iGaming operators—especially in Europe, the United States, and Turkey—the reality is more complex. Stripe does not support high-risk industries, and iGaming businesses must turn to more specialized payment methods and partners.

Stripe Payments Company — Not Suited for iGaming? Here’s What You Should Know Read More »

How Strategic Payment Infrastructure Can Future-Proof Your Gambling Business

Strategic payment solutions for strengthening gambling businesses with modern IT infrastructure

Consulting and Support Services, General Payment Topics, iGaming Payments Insights / WiseAlt

Learn how strategic payment solutions can future-proof your gambling business. From secure payment infrastructure to compliance and scalability, discover how modern IT systems ensure long-term success in iGaming. https://wisealt.com/p/gaming-payment-infrastructure/

How Strategic Payment Infrastructure Can Future-Proof Your Gambling Business Read More »

The Benefits of Multi-Currency IBANs for iGaming Companies

Using digital devices displaying various currency symbols and iGaming elements such as a tossed die, slot machine, and lottery tickets, with a focus on a digital IBAN payment interface

Consulting and Support Services, General Payment Topics, Global Payment Acceptance, iGaming Payments Insights / WiseAlt

In the dynamic world of iGaming, where global transactions occur around the clock, the ability to manage multiple currencies efficiently is crucial for business success. Multi-currency IBANs represent a transformative solution for iGaming and Betting companies looking to streamline their operations and enhance user experience. Here, we explore the advantages of multi-currency IBANs and how having an integrated IBAN and checkout solution from the same payment provider can significantly benefit iGaming businesses.

The Benefits of Multi-Currency IBANs for iGaming Companies Read More »

How Canadian MSB Can Open RPAA-Compliant Accounts: Segregated, Trust, and Fiduciary Options for FINTRAC and Bank of Canada Compliance

Digital illustration of a stylized bank vault or digital wallet with a padlock, representing MSB compliance with RPAA and FINTRAC through segregated accounts. Features include faint outlines of Canadian financial icons like the Bank of Canada and a maple leaf, with digital payment flows and a color scheme of blues, whites, and green accents.

Consulting and Support Services, General Payment Topics, Global Payment Acceptance, Payment Laws and Compliance / WiseAlt

As of March 2025, Money Services Businesses (MSB) in Canada must navigate a dual regulatory framework enforced by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Retail Payments Activities Act (RPAA), overseen by the Bank of Canada. Under RPAA, MSB offering retail payment services—such as money transfers, currency exchange, or cryptocurrency wallets—must safeguard client funds in segregated accounts, trust accounts, or fiduciary accounts. Simultaneously, FINTRAC mandates registration and compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) rules. For MSB, this means partnering with financial institutions to open RPAA-compliant accounts that align with FINTRAC obligations.

How Canadian MSB Can Open RPAA-Compliant Accounts: Segregated, Trust, and Fiduciary Options for FINTRAC and Bank of Canada Compliance Read More »

Third-Party Risk Management: Navigating the Digital Frontier for Online Merchants

Digital landscape depicting Third-Party Risk Management with interconnected networks and digital security elements, suitable for online merchants.

Consulting and Support Services, Fraud Prevention and Security / WiseAlt

In today’s interconnected business environment, online merchants face a plethora of challenges, not least of which is managing the risks associated with third-party relationships. As the digital landscape continues to expand, the strategic importance of Third-Party Risk Management (TPRM) is becoming ever more critical. This article draws insights from the comprehensive Global Strategic Business Report on Third-Party Risk Management to provide actionable insights for online merchants.

Third-Party Risk Management: Navigating the Digital Frontier for Online Merchants Read More »