Latest News
UK based Identity Document Verification service joins the TruNarrative platform
Identity Document Experts TrustID and Financial crime platform TruNarrative join forces to deliver expert document review into firms’ onboarding strategies.
Global RegTech company, TruNarrative has announced a new partnership with TrustID, to integrate their expert document review service into the TruNarrative platform. Enabling TruNarrative customers to utilise the industry expertise that the TrustID team bring.
TruNarrative delivers financial crime detection, customer onboarding and transaction monitoring to Banks, Financial services, e-commerce businesses and gambling operators.
Via a single API, the TruNarrative platform orchestrates fraud, anti-money laundering, ID and biometric verification, multi-bureau eKYC, eKYB, PEPs & Sanctions, and anomaly detection.
TrustID’s expert review service combines human analysis and machine processing to verify identity documents. The TrustID document analysis team quickly and accurately analyse identity documents to provide a detailed report evaluating their validity. TrustID’s team has a wealth of experience in real-time identity document verification, checking many thousands of identity documents every week and finding thousands of fake documents every year.
TruNarrative customers can build TrustID’s expert review into their onboarding journeys, to reliably and consistently verify identity, detect fraudulent documentation and gain the insight they need to make informed onboarding decisions.
TrustID’s document analysis will sit within TruNarrative’s AI driven platform providing firms the option to refer identity documents to human experts, delivering understanding into the authenticity of a document and the identity of an applicant.
The partnership will also integrate TruNarrative’s technology into TrustID’s platform, delivering TrustID customers access to KYC, address verification, and PeP’s and Sanction checks.
“TrustID is an important partnership, they bring a wealth of experience and knowledge that our customers can use as an alternative or enhancement to automated document review, allowing internal fraud teams to make informed onboarding decisions.” – Andy Pearson – Head of Data partnerships, TruNarrative
“We are delighted to partner with TruNarrative and offer their customers access to our expert document review service. During these challenging times, it’s crucial for firms to ensure they have robust identity document processes in place. By integrating our offerings, we can help give clients confidence that the identity documents which they are seeing are genuine and they have an effective way to detect fraudulent documents.” – Tony Machin – CEO, TrustID.
Powered by WPeMatico
Industry Awards
Casino Guru Awards introduces “iGaming Changemaker of the Year” category
- The Fairest Bonus Policy
- The Fairest General Terms & Conditions
- The Most Impactful Social Responsibility Initiative
- The Best Implementation of Responsible Gambling Tools
- The Most Transparent Casino
- The Most Effective Handling of Complaints
- The Most Ethical Approach to Marketing
- Players’ Choice
- iGaming Changemaker of the Year
- Voice of the People
The post Casino Guru Awards introduces “iGaming Changemaker of the Year” category appeared first on European Gaming Industry News.
EveryMatrix Press Releases
EveryMatrix, BetBlocker and the Responsible Gaming Foundation Malta join forces to translate BetBlocker into Maltese
Supporting safer gambling in Malta is the focus of a new partnership between EveryMatrix, BetBlocker and the Responsible Gaming Foundation. The collaboration will see BetBlocker expand its services to include a Maltese version of its award-winning blocking software.
This project is launched as part of European Safer Gambling Week 2024 to provide both an additional tool to support Maltese players looking to manage their access to gambling and to raise the profile of the free, anonymous to use, service BetBlocker provides within one of the key international hubs for the igaming industry.
Duncan Garvie, Founder and Trustee for BetBlocker, said: “One of the biggest challenges for BetBlocker is ensuring that a technologically complex app is as simple as possible for users to set-up. Currently, BetBlocker can take a user from download to blocked in under 2 minutes.
But that is only the case where the user finds the set-up instructions easy to engage with.
“Where a user is able to access BetBlocker in the language that they are most confident in, the chances of them converting to an active block is far higher.
“We’re really grateful to EveryMatrix and the RGF for their partnership on this project. It significantly improves the options for Maltese players and will go a long way in terms of raising awareness of the support that BetBlocker offers amongst MGA licensees.
“We hope that in the future, the MGA will advance their player protection standards with the inclusion of requirement for licensees to signpost blocking software to ensure players are aware of this option.”
Jake Cachia, Head of Compliance, EveryMatrix, added: “We’re delighted to be able to support BetBlocker and the RGF with this important initiative in Malta, particularly in time for Safer Gambling Week.
“EveryMatrix is proud of its commitment to safer gambling and player protection while producing market leading gaming solutions, and partnerships such as underlining how crucial it is to keep making a difference.”
Kevin O’Neill, General Manager for the Responsible Gaming Foundation, shared these thoughts on the project: “The Responsible Gaming Foundation is proud to collaborate with BetBlocker and Everymatrix on this initiative, furthering our mission to support safer gambling practices in Malta.
Translating BetBlocker into Maltese is a significant step towards accessibility and inclusivity, ensuring that players can effectively manage their gambling habits in their native language.
This project demonstrates the power of partnerships in enhancing player protection and underscores the importance of providing players with tools that promote responsible decision-making. As we launch this initiative during European Safer Gambling Week 2024, we remain committed to contributing to an environment where innovative solutions, such as BetBlocker, can meaningfully impact safeguarding our community.”
The post EveryMatrix, BetBlocker and the Responsible Gaming Foundation Malta join forces to translate BetBlocker into Maltese appeared first on European Gaming Industry News.
Latest News
Vixio Releases Player Protection Outlook 2024
Vixio report provides overview of global regulatory trends in Player Protection including the use of AI, affordability checks, AML, advertising, and more
During this week’s Safer Gambling Week, Vixio, a leading provider of regulatory intelligence solutions, has released its Player Protection Outlook, reviewing the key regulatory updates, insights and trends in player protection and responsible gambling.
With increasing pressure from regulators and other policymakers to address gambling-related social harms, player protection has come to the forefront of regulatory initiatives in the global online gambling industry. Furthermore, technological advancements and AI-powered tools have enabled new options for player monitoring. The report comes during Safer Gambling Week, an industry initiative that promotes safer gambling in the UK and Ireland.
“The sharpening policy focus on issues of player protection unites major jurisdictions worldwide, with lawmakers, regulators and the industry alike seeking to mitigate negative impacts of gambling and leverage new technologies but not always agreeing on the most appropriate ways of doing so,” said James Kilsby, Chief Analyst, Vixio GamblingCompliance. “Through 2025 and beyond, we expect to see policy approaches to affordability, operators’ duty of care and other concepts continue to evolve in Europe, North America and in other global markets.”
Artificial intelligence (AI) has been a hot topic for player protection as it offers the ability to help monitor and rapidly analyse player behaviour, and could be used for chat assistance through large language models (LLMs). For more information on the use of AI in gambling regulation, see the Vixio Artificial Intelligence Outlook, which covers the key global regulatory developments regarding AI and applications for consumer protection.
Another area of policy attention in player protection is around affordability checks, also known as financial risk or vulnerability checks, which involves operators checking players’ financial information to understand if they can afford their gambling.
As highlighted by the report, jurisdictions with significant pending legislation around player protection include Australia, Argentina, Colombia, Croatia, Finland, Latvia, Spain, the UK, and the U.S. In Europe, countries like the UK, Germany, Italy, Spain, Sweden, Denmark and Norway already have wide ranging player protection provisions within their established regulations.
This report is part of Vixio GamblingCompliance’s Outlook series, which provides subscribers with forward-looking insights, data analysis and consolidated research on key segments of the global gambling industry.
The post Vixio Releases Player Protection Outlook 2024 appeared first on European Gaming Industry News.
-
Asia6 days ago
PBBM Orders Immediate Ban Against All PH POGO Operations
-
Australia6 days ago
AUSTRAC and Pacific Financial Intelligence Units Gather in Brisbane to Tackle Financial Crime in the Region
-
Balkans5 days ago
EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers
-
Betxico6 days ago
Vibra Solutions becomes Betxico platform partner in Mexico
-
Bragg5 days ago
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
-
Latest News6 days ago
Peter & Sons’ Radioactive Fishing Game ‘Muddy Waters’ Hits November 14
-
Balkans6 days ago
EGT’s Supreme Green Selection made its successful debut in Bulgaria
-
Compliance Updates6 days ago
IAGR confirms new Board members