[bigboydan]

Just an FYI for those who can still use Neteller.

NETeller plans to change name to NEOVIA Financial

Oct 9 (Reuters) - British online payments processor NETeller Plc (NLR.L: Quote, Profile, Research) on Thursday said it was planning to change its name to NEOVIA Financial Plc, effective Nov. 17.

The company, famed for being the first corporate scalp in a U.S. clampdown on internet gambling in 2006, said the name change, part of a year-long rebranding process, will differentiate it from the group's operating brands of NETELLER, NETBANX and Net+.

NETeller, which processes payments for companies such as Ladbrokes (LAD.L: Quote, Profile, Research), has been targeting internet vendors in Europe and Asia after the U.S. clampdown landed it with a $136 million fine and choked its largest revenue stream.

NETeller shares, which fell 90 percent when the United States outlawed online gaming, closed at 51.25 pence on Wednesday. (Reporting by Balachander Surianarayanan in Bangalore; edited by Simon Jessop)

[BettorsChat]

What a suprise as they want to get away from the old name that is tarnished especially to USA citizens.

[Seattle Slew]

Those two Neteller founders were supposed to be sentenced almost a year ago and nothing has ever been reported on their cases after their guilty pleas. I can't find anything on what happened to them.

[bigboydan]

I don't recall anything being made public either. In fact the last thing I could find on the sentencing date was back on June 29, 2007 and nothing else Slew.

[punchmaster]

Man, do I miss neteller, didn't realize how easy we had it back then..... fricken US gov.....they'd probably get more tax money from me if Neteller & Pinny were still available to USA . Well , at least the current administration has done well in other areas- international affairs, economy, etc.