Category: Vellis News

A vast majority of people love playing various online games, however, as there has been a rise in gamblers there has also been a rise in fraudsters. Online gambling fraud refers to any unauthorized or deceptive activity designed to exploit online casinos, sportsbooks, or their users.

When you deposit at an online casino with your card, there’s a chance you might later ask your bank to reverse that transaction, and this is called a chargeback. Some chargebacks are completely fair, especially if your card was used without your permission or there’s a clear case of fraud.

Strong Customer Authentication (SCA) is a security measure required under the European Union’s Revised Payment Services Directive (PSD2). It adds an extra layer of protection for online payments by requiring customers to verify their identity using at least two of three elements: something they know, have, or are.

A payment gateway for online casinos is a secure technology that handles the flow of money between players and the gambling site. It can process both deposits and withdrawals safely and efficiently.

When you hear the term “anti-money laundering,” you might picture bank investigators and complex financial software. But what exactly is it, and why should you care? 

In today’s digital financial landscape, trust and security are more critical than ever. One of the key tools banks use to ensure both is Know Your Customer (KYC). 

In the fast-moving world of online gambling, convenience is king. And nothing screams convenience more than pay by phone gambling: no cards, no banking apps, no fuss. Pay-by-phone options promise instant and secure deposits that get you back into the action in seconds. 

When it comes to online gambling, picking the right payment method can make a huge difference in your overall experience. From how quickly you can start playing to how fast you can withdraw your winnings, the best casino payment methods are all about convenience, security, and control. 

QR code payments are changing the way we pay: faster, contactless, and more convenient than ever before. If you’ve ever scanned a square pattern at a restaurant table or checkout counter to pay your bill, you’ve already used this technology. 

In the finance world, conversational AI in banking and fintech is quickly transforming how institutions communicate, operate, and serve customers.