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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

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.

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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 »

High-Risk Banking Accounts

Adult, Dating Payment Insights, CBD Payment Insights, General Payment Topics, iGaming Payment Insights, Industry-Specific Payment Solutions / WiseAlt

Benefits of Additional Reserve Banking Accounts for High-Risk Businesses For high-risk businesses, maintaining additional or backup banking accounts or IBANs

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Alternative Payment Methods: Preferences Across Regions and Industries

The choice between alternative payment methods and traditional payment methods in a fintech environment

General Payment Topics, Global Payment Acceptance, iGaming Payment Insights / WiseAlt

In the dynamic realm of global commerce, identifying and integrating the right alternative payment methods (APMs) is crucial for businesses

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Payment Methods for Crypto Exchanges: Integration for Market Expansion

Global payment methods for crypto exchanges, featuring ACH, bank transfers, Alipay, Apple Pay, Google Pay

General Payment Topics, Global Payment Acceptance, Industry-Specific Payment Solutions, Payment Service Providers / WiseAlt

In the dynamic realm of cryptocurrency trading, the adaptability and diversity of your payment methods determine the breadth and diversity of your global customer base. Let’s delve into the essential payment methods for crypto exchanges that can significantly enhance the customer experience and operational efficiency for small to medium-sized exchanges with monthly turnovers starting from USD 500,000.

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