Thursday, October 19, 2006

ESI: new kid on e-money block in Europe, coming from Canada

Interesting press release here from Entertainment Systems Inc. ("ESI") which is a provider of products and services to the international gaming industry. Now that the US make life difficult for them (with the gambling act stuff going on), this Canadian company further expands to Europe instead, using their product MyCitadel.

Citadel Commerce initiated expansion into segments of European payment processing in 2005. It has now launched support for myCitadel Wallet in Spain and the United Kingdom. And the Company recently completed a technology audit, one of the final stages in completing an e-money license application before the FSA.