Connect with us

Latest News

iDenfy partners with Fincapital Partners to provide automated KYC and AML checks

Published

on

Reading Time: 2 minutes

 

iDenfy, an AI-enabled identity verification, and fraud prevention tech startup, announced its partnership with Fincapital Partners, an all-in-one banking and asset management platform that offers comprehensive financial services. The company will leverage iDenfy’s advanced KYC and AML solutions to deliver a seamless customer onboarding process.

Fincapital Partners aimed to maintain a user-friendly interface and uninterrupted client experience when searching for a service provider that could support its single platform with multiple tools. The fintech offers a comprehensive suite of services, including trading investment, crypto exchange, and banking services such as IBAN and card issuance.

As an online service, the fintech needed to instill customer confidence without the benefit of face-to-face interaction. This drove Fincapital Partners to seek automated compliance solutions to enhance its operations. Fincapital Partners reports that iDenfy’s integration of identity verification and anti-money laundering (AML) screening solutions integration has streamlined the onboarding process, which was a crucial factor when selecting a KYC provider.

To enhance fraud prevention and provide secure and end-to-end identity verification and AML service, Fincapital Partners partnered with iDenfy. As a result, iDenfy is now responsible for ensuring that all customers of the financial service platform are protected and their sensitive data is stored in a compliant manner. Fincapital Partners has stated that iDenfy is now responsible for handling KYC inquiries and storing personal information, reducing the workload for its team.

According to Fincapital Partners, the banking and wealth management platform now offers a more seamless customer onboarding experience for its customers and partners, resulting in better regulatory risk protection. iDenfy’s biometric identity verification has allowed Fincapital Partners to streamline their process into four simple steps while simultaneously detecting fraudulent imagery such as deepfake videos and 3D masks.

To ensure its customers are verified with the appropriate level of trust, Fincapital Partners has integrated iDenfy’s biometric ID verification and AML Screening solution, enabling the company to efficiently verify and screen its customers for risk against sanctions, watchlists, and PEPs. This implementation instills confidence in the Fincapital Partners’ team, allowing them to provide a more secure experience for their clients and minimize regulatory risk to their business.

It’s worth mentioning that Fincapital Partners discovered that many KYC providers charged for every attempted identity verification, including unsuccessful ones, resulting in actual invoices that were 50% to 100% higher than advertised. The company tried out several IDV providers to save costs and eventually partnered with iDenfy. According to Fincapital Partners, iDenfy’s unique payment model only charges for successful KYC verifications, which was a significant factor in their decision to work with them.

“Our primary focus was eliminating manual processes and increasing automation to streamline our compliance workflow. Our partnership with iDenfy helps us achieve a positive customer experience and increase identity verification speed so our clients can be unboarded faster.” — commented Adrien Brousse, the CEO of Fincapital Partners.

“A company’s success in building an effective compliance program depends on having the appropriate KYC and AML controls in place. We appreciate every new partnership we make and are enthusiastic about helping Fincapital Partners improve their fraud prevention system.” — said Domantas Ciulde, the CEO of iDenfy.

Powered by WPeMatico

Continue Reading
Advertisement

Latest News

DJ Tiger x1000 Ignites the 3 Oaks Gaming Experience

Published

on

dj-tiger-x1000-ignites-the-3-oaks-gaming-experience

The distributor’s newest slot features club-inspired cascades and multipliers reaching as high as x1000.

3 Oaks Gaming, a well-known distributor of iGaming content, has launched DJ Tiger x1000, a colorful scatter pays slot with cascading mechanics and multipliers reaching up to x1000.

Underneath club lights and rotating disco balls, this engaging 6×5 slot animates each spin with lively, fast-paced gameplay. The Cascading Reels feature allows for the chance to activate several wins during one spin if eight or more identical symbols appear, with additional enhancement when the Permanent Wild appears and remains on the reels until the cascade concludes.

Disco Ball Bonus symbols are prominent, providing multipliers of up to x1000 either individually or triggered by DJ Tiger. When several Multipliers appear in one spin, their amounts merge to enhance the total winnings. Mystery Multipliers between x10 and x1000 may also surface, disclosing their amounts after the complete cascade ends.

Free Spins increase the pace even more, as each Multiplier from a winning spin adds to a Total Multiplier that accumulates during the feature.

Players can also check out the Bonus Shop, which provides three kinds of Free Spins, featuring Mega Free Spins where improved Multipliers from x25 to x1000 can be accessed. Three lively Spin Boosters are available as well, providing players the chance to elevate gameplay at an increased cost per spin.

Featuring an energetic atmosphere and characteristics, DJ Tiger x1000 is a vibrant new entry in the 3 Oaks Gaming collection, aimed at ensuring the celebration continues for players globally.

Victoria Vashukevich, Head of Account Management at 3 Oaks Gaming, said: “DJ Tiger x1000 is a vibrant evolution of our scatter pays slot portfolio, bringing a fresh club-themed twist and electrifying Multipliers that elevate the experience.

“The introduction of Disco Ball Bonus Symbols, Mystery Multipliers and a dynamic Bonus Shop add new layers to the gameplay, ensuring every spin feels energetic and engaging.”

The post DJ Tiger x1000 Ignites the 3 Oaks Gaming Experience appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

3 Blitz Hits

High-Voltage Action — Kendoo’s 3 Blitz Hits Ignite the Reels

Published

on

high-voltage-action-—-kendoo’s-3-blitz-hits-ignite-the-reels

Kendoo, the rapidly expanding slot supplier, is raising the stakes with the debut of 3 Blitz Hits, an exhilarating 5×3 slot where lightning-infused Blitz symbols ignite rising payouts and Free Spins enhance up to three stackable modifiers.

Created for speed, energy, and quick reward cycles, 3 Blitz Hits maintains continuous momentum from the initial spin to the last hit.

Central to the game is the engaging Blitz Hit Feature. Hitting three or more Blitz symbols immediately activates increasing payouts that can soar to an impressive 1,000 times the wager.

Lightning stickers can show up on any symbol, contributing to the colored Lightning Progress bars, which increase momentum for the Free Spins round. The violet, red, and blue trails each reveal a unique modifier, allowing for one, two, or all three attributes to trigger a layered Free Spins event.

The bonus begins with seven Free Spins, which can be obtained in both the Main Game and while in Free Spins. Free Spins always start with a minimum of one active feature and may encompass two or all three simultaneously.

The Extra Feature triggers extra Free Spins symbols on the fifth reel, granting +1 spins and prolonging the gameplay. The Double Feature enlarges the grid from 5×3 to 5×6, enhancing symbol coverage and providing a larger opportunity for wins.

At the same time, the Boost Feature adds extra Blitz symbols to the reels without affecting current line wins, enhancing Blitz Hit payouts and maintaining the excitement.

For gamers wanting to accelerate their experience, the Power-Up Buy feature provides immediate entry to Free Spins with one to three randomly chosen features, or the choice to enable all three simultaneously for optimal effect.

Kate Romanenko, Commercial Director at Kendoo: “3 Blitz Hits is all about delivering pure energy and fast-paced excitement.

“The blend of instant Blitz payouts and stackable Free Spins modifiers creates a dynamic flow where every spin feels charged with opportunity. It’s a powerful evolution within our 3 Pots portfolio.”

3 Blitz Hits is now available for demo and real play across all Kendoo partner platforms.

The post High-Voltage Action — Kendoo’s 3 Blitz Hits Ignite the Reels appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Dynabit Gaming

Dynabit Gaming Partners with Playamo

Published

on

dynabit-gaming-partners-with-playamo

Dynabit Gaming and Playamo — now officially launched.

This collaboration focuses on expansion and velocity. Dynabit Gaming offers a collection of over 30 games designed with user-friendly UX/UI, Freespins, trending game features, and a streamlined architecture. All aspects are evaluated by over 100,000 genuine players prior to launch — ensuring performance is based on data, not conjecture.

PLAYAMO PARTNERS enhances distribution capabilities significantly — featuring 17 internal operators targeting Tier 1 markets. That’s influence where it counts.

The post Dynabit Gaming Partners with Playamo appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania