Neteller will today bury the final remnants of its chequered history as a pure payments provider for the online gambling industry by announcing that it is changing its name.

The Aim-listed online payment processor will from November 17 be known as Neovia Financial, marking what it hopes will be the culmination of a turnround from the grim days of January 2007 when its cofounders were arrested in the US on illegal online gambling charges.