We recently sponsored, exhibited and spoke at the largest international betting and trade conference “Betting on Football 2018”.
The annual event is held at Stamford Bridge, home of Chelsea Football Club. It attracts some of the biggest influencers in the gaming industry. It was a great opportunity for us to showcase our award-winning customer identity verification tools to highly niche audience of key decision makers.
Recent high-profile cases of multi-million pound penalties for regulatory non-compliance have reinforced the need for online betting operators to improve customer due diligence at the customer onboarding stage. This is key to preventing fraudulent account openings and money laundering activity.
W2 Global data provides a suite of age and identity verification solutions to online gaming operators to help them operate a sustainable business with full regulatory compliance. Our screening tools can immediately detect underage account openings, suspicious betting habits, and potential identity fraud.
As a panellist in the ‘Show me the Money’ discussion, Chief Product Officer Gary Pine (second left) discussed a number of current and future issues. These include regulatory requirements of Know Your Customer (KYC), Anti-Money Laundering (AML) and fraud prevention within the Gambling & Gaming sector. It also took in how these issues interact with other regulatory requirements including General Data Protection (GDPR) and Open Banking.
If you were at the event, or would like to talk to us in more detail about these, issues, give us a call on 0330 088 9542.
Latest posts by Nicky Vaksdal (see all)
- Vitesse Sanction and PEP screening – Case Study - 16th May 2019
- GVC Group customer screening – Case Study - 16th May 2019
- Tap n Go (TAP) selects W2 Global Data Solutions (W2) as KYC compliance partner - 2nd May 2019