Canada
Open Banking Initiative Canada appoints Tara Wilson COO of Paysafe’s Income Access to Board of Directors
Open Banking Initiative Canada (OBIC), a not-for-profit organization gathering great minds in finance, technology, and regulation to promote the development of open banking in Canada, has appointed Tara Wilson, COO of Income Access, Paysafe Group’s marketing technology and services provider, to its board of directors. The announcement also sees OBIC take another step towards its goal of achieving 50/50 board representation by the end of 2021, reaching 30% of its goal. This stands in stark contrast to the status quo across Canada, as 18.1 percent of director seats were held by women in 2017.
Wilson brings almost two decades of expertise in the technology industry and is an award-winning FinTech leader. She joined Paysafe Group in 2015, later making an internal transition to its marketing technology and services provider Income Access, which specializes in supporting the growth of partners across the iGaming, forex, and lottery sectors, respectively. As COO, she oversees all aspects of Income Access, including product development and innovation, streamlining of all operational processes, and growing the company’s extensive client base by breaking into new verticals globally.
Wilson’s appointment reflects OBIC’s ongoing commitment to establishing a board of directors that possesses a wealth of industry expertise and is bound by shared beliefs regarding the value of open banking for Canadian consumers. An influential and positive disruptor committed to diversity, inclusion, equity, and progressive workplace culture, Wilson has garnered numerous accolades, including:
- Women’s Executive Network (WXN) Top 100 Most Powerful Women in Canada 2019
- Women Run Workplace of the Year 2020, 2019 (Stevie Awards)
- Female Executive of the Year 2020, 2018 (Stevie Awards)
Christian Clapton, Executive Director of OBIC, regarding the significance of Wilson’s addition to the board, said: “Tara’s a highly recognized and inspiring leader who will bring her considerable knowledge and influence to the OBIC Board’s efforts. She will be an integral member of our team and our commitment to bringing open banking to Canadian consumers. We’re all looking forward to working with her.”
Michelle Beyo, OBIC Board member and Founder and CEO of Finavator Inc., said: “OBIC’s commitment to diversity is incredibly important in driving an inclusive open banking ecosystem. I am so proud to be a board member and excited to welcome Tara Wilson. Tara has achieved so much in her fintech career and it is such a pleasure to have the opportunity to work with her to strive towards open banking for Canadian consumers.”
Commenting on her board appointment, Wilson said: “I’m honoured to have the opportunity to join the OBIC’s board of directors and be part of an initiative that’s dedicated to spurring financial innovation for the benefit of Canadians. In addition, the OBIC promises to be a leader when it comes to diversity and inclusion, something which has always been one of my own core focuses, with its mission of achieving a 50/50 board by the end of 2021.”
SOURCE Open Banking Initiative Canada (OBIC)
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
Relax Gaming, the iGaming aggregator and supplier of unique content, has significantly enhanced its presence in the Ontario market through an agreement with leading Canadian operator, PointsBet.
This partnership reinforces Relax Gaming’s aim to become a standout provider across North America, having already gained early success in Ontario. Relax became one of the first suppliers to deliver content to the region’s players in March 2022, debuting with over 120 games across multiple operators.
PointsBet pride themselves as one of Canada’s leading operators offering unmatched speed, ease of use, and a comprehensive array of pre-game and in-play sports betting options. This is complemented by a top-tier online casino which will now be boosted with the integration of Relax’s portfolio of slots and live dealer options.
With its authentic Canadian approach, PointsBet prioritises technology that minimises external dependencies to maintain control over its platform and has a commitment to responsible gambling best practices, ensuring a safe and secure environment for all players.
Martin Stålros, CEO at Relax Gaming, said: “Since we launched in Ontario we have enjoyed tremendous success, with our content hitting the sweet spot for the broad range of players in the Canadian province. This partnership with PointsBet will strengthen our presence in the market as the region’s leading operator integrates our rich content portfolio which will engage its player base.”
Scott Vanderwel, Chief Executive Officer at PointsBet, added: “Relax Gaming has established a strong reputation across North America and in Ontario in particular. The impressive range of content that will be integrated into our platform will increase engagement within our online platform and we are delighted to be able to provide more immersive experiences to our audiences.”
Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.
Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.
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