Speedy Payouts Most Favored Among Bettors And Other Digital Transactions News briefs from 2/5/24

Sports-betting enthusiasts rank rapid payouts and payment choice most highly when choosing a sportsbook, according to a report from Paysafe Ltd., a payments processor for which gaming is a major market. The research canvassed 3,000 bettors in six states, Canada, and the United Kingdom, France, Germany, and Italy in December.
Airwallex, a global payments platform based in Singapore, said it will process cross-border payouts and other payments flows for the McLaren Formula 1 racing team.
Ripple Labs Ltd. is preparing to launch new product updates that build on money transmitter licenses it has acquired in “a majority of the US states,” according to a post on LinkedIn by a senior Ripple executive. The move comes after the blockchain company has been “relatively quiet for the past 3 years in the US for Ripple Payments,” the post says.

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