Release of blocked/frozen funds
One of the more unusual services that Porat Group provides is collection services for blocked or unreleased funds in Electronic Money Institutes (EMIs) or with Payment Service Providers (PSPs). These services are vital to any client who: Is facing large amounts of blocked or unreleased funds with their bank, PSP or EMI; Is lacking contact […]
EMI License in the Netherlands
The Netherlands has built a reputation for itself as an innovative, progressive jurisdiction when it comes to the payments and fintech sectors. Recently, the country has become more popular among payment services providers and fintech companies due to its high pace of licenses granted and its ever-increasing innovative approach in regards to these industries. Among […]
Virtual Assets Services Licenses in the UAE
The Abu Dhabi Global Market (ADGM) is one of the regulatory authorities in the UAE and has the most comprehensive payments and virtual assets regimes in the UAE market. ADGM licenses activities include (i) multilateral trading facility for virtual assets (i.e. a secondary market trading platform), (ii) brokerage, custodianship and issuance platforms for virtual assets, […]
Porat Group’s attendance at ICE London 2023
Several members of the Porat Group team will be attending the ICE London 2023 Conference, a conference specific for the Gaming industry, at ExCel London on 7-9.2.2023. Since Porat Group offers many services and solutions suitable for the gaming industry, from payments and banking solutions to gaming regulation and more, we look forward to meeting […]
Porat Group’s attendance at the iGB Affiliate Event 2023
Porat Group will be sending multiple representatives, as usual, to the world’s largest affiliate marketing event, the iGB Affiliate Conference, that takes place on the 8-11.2.2023 at ExCel London. Since our law firm offers a range of services that are suitable for the affiliate marketing industry, we look forward to meeting both current and potential […]
Porat Group is hosting the first Crypto Algo-Trade Flash session
The Porat Group team is excited to announce, as well as invite our clients and partners to the first crypto Algo-Trade Flash session, organized by Porat Group in collaboration with Binance, Knowledge and Innovation, KPMG Israel and HDI (Hawk Digital Innovation). Due to our long standing interest and expertise in the blockchain industry, Porat Group […]
EMIs- General Overview
If you are keen to provide payments services in either fiat currency and/or cryptocurrency and cater to European clients, an EMI license would be an excellent choice, and most extensive one. EMI licenses have gained massive popularity with the emergence of numerous online banks and payment services providers. In fact, an EMI license is the […]
Porat Group’s attendance at iFxExpo Dubai 2023
Several representatives of Porat Group will be attending and representing our firm at the iFxExpo Dubai, the world’s largest financial B2B expo, in Dubai on the 16-18.1.2023. We look forward to seeing both current clients and partners, as well as those interested in working and cooperating with us in some way at the expo. Please […]
iGaming regulation in Canada
Ontario made history in April, 2022, when it became the first province in Canada to regulate iGaming, which had previously been a gray zone legally in the country. (Gambling is illegal in Canada, unless it is specifically regulated by a province not to be) The following are important facts to know about this jurisdiction, if […]
Payment Services Providers License in the UAE
In the UAE, PSPs, or Payment Services Providers, are regulated by the Central Bank (CBUAE). In July 2021, a new regulation overseeing these providers came into force, the Retail Payment Services and Card Schemes (RPSCS) Regulation. This regulation sets out the rules and conditions established by the Central Bank for acquiring and maintaining a license […]