Scandinavia

Trustly Bolsters Leadership with Former Klarna and Adyen Talent

Published

8 months ago

September 14, 2023

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In a strategic move to further strengthen its commercial leadership and enhance merchant experience, Trustly has appointed Eileen Chibb as Chief Operations Officer and Jussi Lindberg as Chief Revenue Officer. In these newly created roles, both will be pivotal members of the European management team, reporting directly to CEO, Johan Tjärnberg.

“I’m delighted to welcome two renowned experts from the payment industry to our team. Their combined expertise and leadership will be instrumental as Trustly not only aims to redefine payment standards but also to elevate our engine, Trustly Azura, positioning us as one of the most prominent pan-European payment methods,” Johan Tjärnberg, CEO of Trustly Group, said.

Eileen Chibb: The new helm of operations

Under Eileen’s stewardship, Trustly will create a consolidated operations function, with a primary focus on elevating merchant experiences. This newly unified domain will encompass Financial Crime Prevention, Finance Operations and Support teams.

Eileen Chibb said: “Joining Trustly, a global frontrunner in digital payments, is a defining moment. With its rich legacy of merchant-centric innovations, I’m eager to collaborate with the outstanding teams here, ensuring Trustly continues to set unparalleled standards in customer experiences.”

Eileen’s recent role as Chief Operating Officer at BROCC was preceded by a five-year stint at Klarna, where among other roles, she restructured and led Klarna’s operations globally as Business Operations Director. Eileen is an alumnus of the University of Bonn, Germany.

Jussi Lindberg: Spearheading revenue streams

Tasked with the crucial role of driving growth and diversification for Trustly Europe, Jussi Lindberg will lead the Commercial teams with an emphasis on enterprise merchants.

Jussi Lindberg said: “Having witnessed Trustly’s journey from its inception in 2008 to its current leadership in real-time payments, I’m genuinely thrilled to be part of this innovative force. The Trustly Azura engine represents the pinnacle in user experience. My ambition here is not just to maintain our legacy but to further elevate our offerings, ensuring merchants globally enjoy instantaneous, seamless transactions and reduced fees.”

Jussi joins Trustly with more than a decade of experience in the payments and e-commerce domain including pivotal roles that contributed to Adyen’s ascent as a global payment powerhouse, catering to giants like H&M, Uber, and Netflix, among others. Before Adyen, PayPal and eBay benefited from Jussi’s expertise. Jussi is an alumnus of the University of Malaga, Spain.

Compliance Updates

Playnetic strengthens European presence with licence to operate in Sweden

Published

1 day ago

May 17, 2024

George Miller

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Playnetic, the new immersive B2B iGaming provider has announced that it has been granted a Swedish licence, following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.

The licence allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalise partnerships with prominent operators across the country.

This significant milestone marks a major step forward in supporting Playnetic’s ambitious growth plans, which include increasing its foothold in other European markets, as well as continued expansion in regulated markets across the globe.

Dan Phillips, Playnetic CEO said: “Since launching in early 2023, Playnetic has been exploring expansion opportunities in Europe to penetrate new markets and we are thrilled with achieving this milestone.

“Thanks to our experienced compliance team, we were able to obtain this licence promptly, which is a huge positive as the market entry lines up perfectly with our regulatory roadmap for 2024. We are looking forward to launching our innovative suite of games which feature captivating themes and mechanics to players and operators in Sweden.”

The post Playnetic strengthens European presence with licence to operate in Sweden appeared first on European Gaming Industry News.

Scandinavia

Paf Focuses on Young People with Loss Limit Change

Published

2 weeks ago

May 8, 2024

Niji Narayan

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Mandatory loss limits stop players from losing more money. Paf has decided to lower the loss limit for everyone between the ages of 20 and 24. Young people of this age already have a lower loss limit at Paf and now it will be further reduced from €10,000 to €8000 per year.

“This is an important continuation of the responsible gaming direction we are striving towards at Paf. Now young customers can only play with us for amounts that are at a more sustainable level and within the framework of the customer segment that we have defined ourselves as the green segment,” Christer Fahlstedt, CEO of Paf, said.

Every year, Paf publishes a table showing how the profits and losses look for different customer segments. Over the years, the customer segments have been significantly affected after Paf introduced mandatory loss limits and lowered the maximum limits.

Loss limits are important

Paf customers can set their own lower limits, but cannot exceed the mandatory loss limits set by Paf. Paf’s loss limits apply to all our registered players and all game categories.

“We are not selling teddy bears, and we have a responsibility for the product we provide. As a gaming company, we can say no before a person has gambled away both house and home,” said Christer Fahlstedt.

Paf strives to be a leading gaming company when it comes to responsible gaming in the industry. Paf was the first international gaming company to introduce loss limits in 2018, and since then the maximum limits have been lowered several times.

“We need to be able to be sustainable in the long term. We believe that in a future highly regulated European market, you cannot lose more than €8,000 a year, which can be equivalent to an expensive leisure activity,” said Christer Fahlstedt.

Young people should be prioritised

Young people aged 18-24 are at a higher risk of developing problems with their gambling. Research on gambling problems and different risk groups generally indicates that young people are a risk group.

“We believe it is important to focus on young people and their gambling from a responsible gaming perspective. Together with our other responsible gaming measures, the loss limits are a good complement for better responsible gaming,” said Daniela Johansson, Deputy CEO & Chief Responsibility Officer at Paf.

The reduced loss limit for young people aged 20-24 has already been implemented on all of Paf gaming sites and markets.

The post Paf Focuses on Young People with Loss Limit Change appeared first on European Gaming Industry News.

Baltics

HIPTHER Announces the BALTIC & Scandinavian Gaming Awards 2024 Shortlists

Published

3 weeks ago

April 30, 2024

George Miller

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HIPTHER, the leading event organizer for Gaming and Technology industries in Europe, is excited to announce the Shortlists for the Baltic & Scandinavian Gaming Awards (BSG Awards), that will honour iGaming industry excellence in the Baltics and Nordics regions for 2024.

Hosted under HIPTHER’s Pioneering GameTech Event in the Baltics, the MARE BALTICUM Gaming & TECH Summit, the BSG Awards recognize and celebrate the achievements of the very best of the iGaming industry, as voted by their peers.

The Final Vote will be cast at the MARE BALTICUM Gaming & TECH Summit by the participants of the conference, and the Winners will be crowned at the BSG Awards 2024 Ceremony that will take place during the event on 4 June 2024.

HIPTHER is thankful to all the esteemed industry professionals who voted online and decided the Shortlists across a series of streamlined Categories covering iGaming Operators, B2B Providers, and Connected Services such us Testing Laboratories and Payment Service Providers.

View the Baltic & Scandinavian Gaming Awards Shortlists

Baltic & Scandinavian Gaming Awards – BSG Awards 2024 Categories

Baltics: Operators Categories:

Best Online Casino in the Baltics
Best Sports Betting Operator in the Baltics

Baltics: B2B Categories:

B2B Providers (Sports): Best eSports Service Provider in the Baltics
Best Fantasy Sports / Virtual Sports Provider in the Baltics
Rising Star in Baltic Fantasy Sports / Virtual Sports
Rising Star in Baltic Sports Betting Technology
Best Sports Betting Provider in the Baltics
B2B Providers (Casino): Best Online Casino Provider in the Baltics
B2B Providers (Casino): Best Slots Provider in the Baltics
B2B Providers (Casino): Best Live Casino Provider in the Baltics
B2B Providers (Casino): Rising Star in Baltic Online Casino Technology
Connected Services – Best Payment Service Provider in the Baltics
Connected Services – Best Testing Laboratory Provider in the Baltics

Nordics: Operators Categories:

Nordics: Best Online Casino in the Nordics
Nordics: Best Sports Betting Operator in the Nordics

Nordics: B2B Categories:

B2B Providers (Sports): Best eSports Service Provider in the Nordics
B2B Providers (Sports): Best Fantasy Sports / Virtual Sports Provider in the Nordics
B2B Providers (Sports): Rising Star in Nordic Fantasy Sports / Virtual Sports
B2B Providers (Sports): Rising Star in Nordic Sports Betting Technology
B2B Providers (Sports): Best Sports Betting Provider in the Nordics
B2B Providers (Casino): Best Online Casino Provider in the Nordics
B2B Providers (Casino): Best Slots Provider in the Nordics
B2B Providers (Casino): Best Live Casino Provider in the Nordics
B2B Providers (Casino): Rising Star in Nordic Online Casino Technology
Connected Services – Best Payment Service Provider in the Baltics
Connected Services – Best Testing Laboratory Provider in the Baltics
Connected Services – Best Hosting Provider in the Baltics