In spite of previously stating it wasn’t on their agenda, Labour’s U-turn on digital ID could pave the way for a new era of onboarding and KYC in the UK. During the King’s Speech on Wednesday, to the surprise of many it was revealed that the government was planning to introduce the Digital Information and Smart Data Bill, focusing on …
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Verification requests from betting operators for the first few matches of the 2024 EUROs have risen to ‘record heights’, according to IDnow. The identity verification provider revealed that, since kick-off on 14 June, the number of players being verified with a European gambling operator soared 750%, with the busiest day being the opening fixture between Germany and Scotland. This verification …
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IDnow has debuted its enhanced video-led customer verification solution ‘VideoIdent Flex’ to boost customer conversion rates and accuracy of KYC compliance measures for existing partners and new clients. A leading provider of customised ID verification solutions for high-risk sectors such as online banking, insurance, and igaming, IDnow brands VideoIdent Flex as “a bridge of AI technology merged with human interaction …
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The SBC Media Challenges in Compliance Survey, commissioned by leading identity verification platform provider IDnow, is published today, providing valuable insights on the international betting and gaming industry’s biggest issues around compliance, fraud and onboarding processes. ——————————————————— The challenges faced by betting and gaming operators’ compliance teams are many and varied. As the industry continues its move towards regulation in …
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More than half of compliance professionals from the international betting and gaming industry believe the implementation of financial risk checks in the UK will have a negative impact, the SBC Media Challenges in Compliance Survey, commissioned by IDnow, has found. The study surveyed 100 senior compliance representatives from operators in Europe, North America and Latin America about existing issues and …
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Obtaining the required personal financial information is the greatest barrier licensed betting & gaming operators face when onboarding players and the industry fears that mandatory affordability checks will make the situation worse, a new SBC study, commissioned by IDnow, has concluded. The finding emerged as part of the SBC Media Challenges in Compliance Survey, which saw senior compliance representatives from …
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Roger Redfearn-Tyrzyk, VP Global Gaming at IDnow provides a perspective on consumer changes and likely adjustments once the UKGC finalises its consultations on compliance and standards governing UK gambling. Almost half (44 per cent) of UK adults have gambled at least once in 2023, with around 14 million active online gamblers in the country. The number of UK adults who …
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Brazil, with its population of over 210 million, has a number of unique challenges when it comes to identity verification, according to Roger Redfearn-Tyrzyk, VP of Global Gaming at IDnow. Writing on LinkedIn, Redfearn-Tyrzyk asserted that the Brazilian gambling market has ‘significant potential’ and offers a wide range of opportunities. The market has been estimated to be worth over $6bn, …
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SBC is excited to announce the shortlisted operators, affiliates, suppliers and leaders for this year’s SBC Awards Latinoamérica 2022 ceremony, taking place as part of SBC Summit Latinoamérica at the Seminole Hard Rock Hotel & Casino, Hollywood, Florida, on November 3. BetConstruct leads the way with seven nominations, Betsson Group follows with six, while Sportradar, SoftSwiss, GoldenRace and Codere also …
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As the industry works toward creating a frictionless payment experience that prioritises player safety, SBC Summit Barcelona attendees will gather in the dedicated ‘Payments & Compliance Zone‘ to explore the next generation of payment products and discuss the challenges behind the toughening of compliance standards. The zone is the perfect space to engage with operator Heads of Payments, Responsible Gambling …
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