For gaming operators, smooth and speedy onboarding is absolutely essential, however it can be made more complicated due to regulatory requirements, which can add friction to the journey.
AML5 ahoy! In the 5th incarnation of the Anti-Money Laundering Regs more people will have to be verified for KYB. Rather than one Ultimate Beneficial Owner (UBO), now anyone with a 25% share (or in a significant shareholding group) will have to be verified.
In this blog we tell you about a key detail of AML5, and how we can help you meet the new regulation coming into effect in January 2020.
New Anti-Money Laundering regulations come into effect on 10th January 2020, by which point all regulated entities in the EU must comply.
In this blog we’ll tell you what you need to know, and how we can get you KYB ready.
Using traditional credit data doesn’t work. There is a quicker, easier, and more accurate way. Using data-on-demand allows you to onboard more customers, safely, in seconds.
Did you know there is a new demand for digital verification?
Identity verification is growing exponentially, due to new regulation requirements, as well as the security needs of online businesses. Many customers are now required to verify ID, most commonly their driving licence, in order to create a new account.
Here we tell you how we do it using iDocufy.
With changes coming into place for the Buenos Aires gambling market, operators are having to look to find solutions to enable them to quickly and simply verify their players’ identity.
Under Decree 181, up to seven online gambling licenses will be issued and a single operator will be allowed to hold only one license.
Consumer convenience is an area that should always be at the forefront of a business’ mind. However while digital advancements are taking place each day, how can a business ensure the level of convenience that their consumers are after?
With the wealth of digital data now available on an individual, is there really any need to rely so heavily on traditional, manual checks anymore?
Traditional methods of verifying a customer’s identity are very much still alive. Manual checks of identity documents are still widely used by a variety of different sectors in an attempt to prevent fraud, but how can fake documents be identified to ensure they don’t pass the test?
Manual identity verification checks are not just time consuming, but also produce a lengthy and clunky onboarding process for your customers. How can we identify fake documents in an automated and simpler manner?
Have you ever asked your customers to provide proof of address to verify their identity? Have you ever thought about the impact that this could have on your business due to manual checks?
Manual processes can cause drop-offs and create a long and inefficient onboarding process. But how can this be improved?
A recent research study carried out by CipherTrace has revealed that an astonishing $1.7 billion of cryptocurrency was obtained by illicit means in 2018.
With over 1,500 cryptocurrencies in existence, and billions of dollars being bought and sold on crypto exchanges, there are a plethora of opportunities for fraudsters to illicitly use the currency.