A new payments processor which says it will be open for business in March this year appears to be falsely claiming to be certified by the UK Financial Services Authority (FSA).
YouTeller claims on its website to be a trademark of a company called Seed Capital Ltd, and gives an address in east London. A link on the company’s contacts page then diverts to the FSA register of Small E-Money Issuers where a company called Seed Capital Ltd is indeed listed.
However, a search on the FSA website reveals the company behind Seed Capital Ltd to be Oxford Technology Management, a company based in Oxford. When contacted by eGaming Review, a spokesperson at Oxford Technology Management said the company had never heard of YouTeller.
YouTeller also gives a registration number for Companies House in the UK on its website. A search under the number given comes up with the same east London address as the YouTeller website. The only director registered is one Florian Schweitzer with an address given in Austria.
This Seed Capital Ltd was registered at Companies House in October 2006. The other Seed Capital Ltd, from Oxford, registered its name at Companies House in July of last year. Schweitzer is not registered personally with the FSA.
A spokesperson for the FSA said the matter had been passed on to the relevant department for investigation.
Neither YouTeller or Schweitzer was available for comment
Betsoft Gaming, one of the world's leading casino software developing brands, took home the Best Online Gambling Game Developer award at the inaugural Media Innovator Awards 2019 by Corporate Vision magazine.
One of the industry leaders were picked for several notable reasons, with the main one being their long history of innovation. The judges' commentary on their achievements reads:
Once again, Yggdrasil Gaming has proven that they have earned the right to call themselves the innovators and game changers of the online casino industry. The company has been given the prestigious Innovator of the Year award for the third year in a row.
How Yggdrasil Took Home the Title
Several factors worked together in Yggdrasil's favor this year. First, the judges were highly impressed by the company's open platform initiative, Yggdrasil Game Server, or YGS, Masters.
Privacy is a pretty big deal in the news online virtually always because it can seem like there's some big privacy breach just right around the corner all the time. Red Tiger Gaming has set themselves up to avoid this type of embarrassment with their ISO 27001 certification, which is set up to help protect customer data.
How This Certification Works