SBC News Voice of the Sports Betting Industry
Online bookmaker Novibet has inked a new partnership with ID specialist FullCircl for the onboarding of the latter’s digital compliance tool W2.
Through the new deal, Novibet will aim to ensure full regulatory compliance across all of its active markets. W2 offers a combination of AML capabilities and a single API access point that will help safeguard the online betting provider from bad actors in South and North America, as well as the EU.
Giannis Papastamou, Head of Customer Compliance and Group MLRO at Novibet, commented: “W2 came highly recommended by DTI Solutions, a leading cyber security integrator to the gambling industry. This collaboration underscores our dedication to maintaining the highest standards of regulatory compliance and ongoing player protection while delivering a seamless and secure gaming experience for our customers.
“Based on what we’ve seen so far, we’re already keen to explore ways to integrate more of the W2 product suite into our platform.”
W2 will supply Novibet with comprehensive monitoring to prevent money laundering at the onboarding customer stage, as well as at the point of transaction.
Jess Whitehouse, Head of Customer Success, Identity Solutions at FullCircl, added: “We are delighted that Novibet has selected W2 by FullCircl.
“We’re providing them with a best practice approach to gambling compliance, including non-intrusive identity verification checks that balance the need for customer due diligence with frictionless onboarding and superior player experience. I would also like to thank our trusted partner DTI for their role in bringing this partnership to fruition.”
