Sports Betting Association Expands Payment and Compliance Network

June 16, 2022 | Sports Betting

BERLIN, Germany (June 15, 2022) — The German Sports Betting Association (DSWV) is entering into three further partnerships with leading companies in the areas of payment and compliance, after opening up a partner program for companies from the sports betting value chain at the beginning of the year.

DSWV President Mathias Dahms welcomes Kerberos , TrueLayer and DIMOCO to the association:

All three new partners enjoy an excellent reputation in the industry and deliver real added value to the sports betting industry with their products and services. They fit perfectly into our partner program. We look forward to cooperation.”

Kerberos compliance makes money-laundering prevention easy, affordable and actionable. With the solutions from Kerberos, companies in the gaming and sports betting industry can comply with the money laundering obligations and thus avoid violations, which can be punished with fines and the withdrawal of licenses. Managing Director Christian Tsambikakis sees the DSWV as a natural partner:

The DSWV and its member companies stand for a reputable sports betting market that always meets compliance requirements. With our products and services, we provide the right tools. Together we can make the German gaming market even safer and shape the regulatory framework in an innovative way.

TrueLayer is a global platform for open banking. With the help of TrueLayer’s open banking network, companies have secure access to financial data and can offer real-time payments. Sebastian Tiesler, Country Manager of TrueLayer in Germany, is looking forward to the cooperation:

We provide companies in the sports betting market with an intelligent infrastructure in financial technology. As the leading industry association in Germany, the DSWV is the central contact for us and represents the regulated German sports betting market. We are happy to be on board!

DIMOCO Payments is a licensed payment institute with special expertise in carrier billing, paying via the mobile phone number, known in Germany as “Just pay by mobile phone bill”. The company thus enables merchants to accept payments for digital and non-digital services and goods from customers in the European Economic Area (EEA) and worldwide. Bettina Sommer, Director of Sales at DIMOCO, sees a lot of potential in the partnership:

The partnership with the DSWV brings our business in Germany another significant step forward. With our solution, we can offer sports betting providers real added value by allowing them to benefit from a fast, secure and wide-ranging payment method.

SOURCE: German Sports Betting Association (DSWV).

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