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ITL rapidly expand CashGenic suppliers throughout Europe

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CashGenic, the hygienic cash automation kit from Innovative Technology, enables customers to pay with cash both safely and hygienically. Since it was first launched last year, ITL have secured several distribution suppliers firstly within the UK and now across Europe.

The COVID crisis highlighted the need for businesses to accept cash while maintaining social distancing. Paying by cash carries no fees so remains a popular choice of payment and cash in circulation is still on the increase.

Christian Dieterich, CEO, Perfect Money, provider of innovative payment solutions based in south Germany commented, “We decided to expand our product portfolio to include the CashGenic cash handling system and are proudly building the machines (renamed Vicky) here in Germany. This high-performance, smart cash dispenser has space-saving dimensions so fits onto any counter. Several businesses were surprised to discover that when Vicky was installed, they saw an uplift in cash takings of around 10%.”

“Contactless payment is not only for cashless terminals. With CashGenic customers throw their coins into the machine or slide bills into it.The amount to be paid is entered and the correct change is given out by the device in coins and bills. It provides a safe way to protect your staff and customers without the need to handle cash at the checkout.”Patrick Vandeput, Automation Europe

Commenting on the success of the roll-out, Thorsten Labusch, VP of Sales & Business Development at ITL said, “Using CashGenic gives customers payment choice by allowing those who still want to make cash payments to do so safely whilst eliminating the need for employees to handle cash. In addition, staff no longer need to count cash as the machine automatically does this, therefore saving time and generating greater efficiencies for the business. It also helps eliminate shrinkage and accounting errors as cash handling is automated.”

“Whether at the shift change or at the end of the day, sometimes the cash register is incorrect. There can be losses due to incorrect payment processes or incorrect giving of change – with CashGenic our customers have seen improvements in cash reconciliation, and it is successfully removing the counting time for staff at daily closing.”
Alfred Weichselberger, A.u.S. Spielgeräte

Thorsten continued, “I am delighted to see so many European partners have now committed to supply our unit to enable hygienic cash payments. We currently have several CG partners (Moser Consult Group, DG Automation, Perfect Money, IT Media Consult, A.u.S Spielgeräteand Automation Europe) across Germany, Austria and Belgium and fully expect this list to continue to growwithin Europe.”

“With 12 coins per second, this automatic payment machine is one of the fastest on the market! Speeding up cash payments, means more customers, increased cash and additional profit.”
Dincer Güeney, DG Automation

“CashGenic is the perfect solution at the point of sale. Because it works independently of the existing cash register system it provides a central control of your cash inventory and accelerates and secures all cash processes in day-to-day business.”Thomas Moser, Moser Consult Group

Thorsten concluded, “We are particularly proud of our expansion throughout the whole of Germany, UK, Spain, Austria and Belgium. It clearly shows the demand in the Retail market for cost efficient automatic cash payment systems.”

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Altenar unveils slice market functionality to enhance betting precision

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Leading sportsbook provider boosts flexibility and variety of betting options available through latest feature

Altenar, a leading sports betting and iGaming technology provider, has added slice markets to its award-winning sportsbook, allowing operators to create an intuitive betting experience through segmented market views.

The feature allows operators to display a focused selection of betting options by creating filtered versions of existing markets. Selective lines or excluding certain selection options gives the end user a more personalised and streamlined view, based on their betting styles and preferences.

As part of Altenar’s continued investment in its sportsbook offering, this latest enhancement offers higher flexibility for operators to deliver a unique and tailored product that helps the bettor find their preferred bet types as quickly as possible.

Dinos Doxiadis, Director of Product – Sportsbook and Data at Altenar, said: “Through the introduction of slice markets, operator partners can now deliver a more focused and relevant user experience, which will help bettors engage faster and in a more meaningful way with the markets they care about.

“This is another step forward in our commitment to helping build high-performance sportsbook solutions to boost operators’ retention rates and differentiate them in a competitive vertical.”

The post Altenar unveils slice market functionality to enhance betting precision appeared first on European Gaming Industry News.

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SPAYZ.io updates its Open Banking solution in response to mounting demand

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SPAYZ.io, a global provider of advanced payment technologies, showcased its latest innovations at iFX Cyprus 2025, one of the leading gatherings for the fintech and trading community. A major highlight was the company’s update on its Open Banking solution, currently in active development and designed to meet the growing demands of modern financial ecosystems.

Over the course of the two-day event, SPAYZ.io’s team of payment experts held more than 55 business meetings with new and existing clients and partners. These interactions provided valuable insight into evolving market needs, particularly a surge in demand for Open Banking capabilities.

“This is more than just a feature launch,  it’s a new foundation for how money moves,” said Yana, Sales Manager at SPAYZ.io. “Our Open Banking platform is being created to meet the real demands of our clients and partners. We’re in constant dialogue with them, understanding their needs and building a platform that directly responds to those expectations.”

The upcoming Open Banking solution will provide seamless, compliant, and customizable connectivity between financial institutions, banks, and service providers , reflecting SPAYZ.io’s commitment to innovation and practical, scalable infrastructure.

This year’s iFX Cyprus also highlighted broader industry trends, with a particularly strong presence from payment providers. Forex firms showed heightened interest in solutions tailored to East Asia, including Japan and the Republic of Korea. SPAYZ.io is already a recognized leader in this region and continues to expand its offerings to meet increasing client demand.

“The conversations we had at iFX Cyprus were invaluable,” Yana continued. “Direct engagement with our partners ensures our solutions address real-world challenges, especially in high-demand markets like Japan and South Korea.”

With a rapidly expanding presence across Europe, Asia, and Africa, SPAYZ.io is on a mission to empower businesses with access to market-leading payment services. Its vision focuses on enabling clients to scale quickly and compliantly across both established and emerging markets.

“We’re excited to see such strong momentum around the future of payments,” Yana concluded. “As highlighted at iFX, demand for compliance-ready, secure, and scalable solutions is only increasing — and SPAYZ.io is well-positioned to lead the way, with some major milestones on the horizon.”

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Rise & Hustle launches tap-to-earn street game platform in Nigeria with real-world rewards

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Rise & Hustle, Africa’s next-gen tap-to-earn gaming operator, has launched its reward-based mobile street game series in the Nigerian market. Running on its proprietary platform, Rise & Hustle gives players the opportunity to rise from Hustler to Kingpin, earning Bucks during the grind to unlock real-world rewards.

Created for Africa’s mobile-first generation, Rise & Hustle enables taps and achievements to be redeemed for mobile airtime, tangible rewards & Rise Tokens – all without spending a cent. The portfolio of free-to-play games and lottery products is designed in-house, giving Rise & Hustle the ability to deliver energetic and competitive experiences that appeal to players.

The company was co-founded by Anthony Broadhurst, a key player in Africa’s gaming and crypto world, and Josh Jones, an experienced iGaming entrepreneur with a stellar record of building successful platforms.

Rise Tokens are crypto-backed rewards on the Binance Smart Chain and power a real economy that rewards loyalty. Squads and community are central to gameplay with leaderboards, status, and real-time tournaments making each session count.

Embracing AI technology, local partnerships, and sharp design, Rise & Hustle is on the path to becoming Africa’s most culturally relevant gaming operator. A full Real Money Gaming offering is due for launch imminently.

Beyond Nigeria, expansion plans include Kenya and Ghana, with launches scheduled for completion by the close of 2025. As Rise & Hustle scales, it will strengthen collaborations with mobile networks, pioneering brands, and influencers to accelerate mass adoption. With its bold brand, crypto-powered rewards, and laser focus on mobile-first entertainment, Rise & Hustle’s platform is the future.

Rise & Hustle CEO and co-founder Josh Jones commented: “Rise & Hustle is flipping the script on how value is created for an entire generation’s time and talent spent on mobile games. We’re here to turn everyday entertainment into real-world rewards. This isn’t just a game – we’re building a cultural movement where players grind together to reach the top through ambition and hustle.”

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