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    Multinational online payments giant Paysafe Group has appointed Philip McHugh as its new chief executive, replacing Joel Leonoff in the role. McHugh joins from Total System Services, with Leonoff shifting to a new role as vice chair of Paysafe's board.

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    Paypal has announced it is to stop protecting payments made by customers for online gambling transactions in a number of countries, including the US, Canada and Brazil.

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    Online and mobile credentials authentication business Jumio has announced that its US operation has commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court in a move that will enable the company to sell its assets.

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    Online payment processor Vantiv has announced that it is to cease operations within the US daily fantasy sports (DFS) sector.

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    The American Gaming Association (AGA) has confirmed the addition of six new board members and three general members as part of a new membership structure approved by its board of directors late last year.