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Compliance Updates

IDnow introduces automated identity verification for highly regulated use cases

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IDnow introduces automated identity verification for highly regulated use cases
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IDnow enables an automated identity verification solution for highly regulated use cases, complying with Anti-Money-Laundering-Law in Europe, including Germany.

IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.

IDnow AutoIdent is an AML Act compliant identity verification solution that operates as an automated process and meets the high-security requirement. It serves a wide range of industries and use cases, such as opening a bank account, signing a loan agreement, or onboarding a player for online gaming. Taking advantage of a Qualified Electronic Signature (QES) and existing online bank accounts of the user, it seamlessly blends state-of-the-art technologies with existing identity and banking data into an easy, secure and fully compliant identity verification process.

IDnow AutoIdent including QES, is certified by a conformity assessment body and is approved by an EU Member State National Regulator for issuing QES (Qualified Electronic Signature) according to eIDAS Regulation Article 24 (1) d). The process can include a one-cent-bank transfer, turning it into a fully compliant remote onboarding solution in accordance with the German AML Act – Geldwäschegesetz (GwG), under Section §12 sentence 1 Nr 3. According to the AML law, automated identity proofing in connection with a reference transaction is permitted, pursuant to Article 32 eIDAS.

“Our belief in providing an advanced identity verification platform which increases security improves conversion and streamlines our customers’ onboarding process across geographical borders drives us forward. By making our automated solution AML-compliant with additional regulations, our customers can offer a faster process and therefore a better user experience while ensuring high security and regulatory standards. This gives our customers, who operate in a constantly evolving environment, the peace of mind and the flexibility to choose the solution that meets their needs best,” says Andreas Bodczek, CEO at IDnow.

The IDnow platform, which includes AutoIdent as a building block, effortlessly orchestrates all necessary components into a seamless, secure and AML-compliant identity verification.
Depending on the customer’s needs, the onboarding process offers total flexibility. Further components of the IDnow platform can added, e.g., eSign, the add-on for the digital contract signing opening up additional use cases such as taking out a consumer loan in a wholly digital process.

In recent years, IDnow has expanded its role far beyond offering specific identity verification products and has become an overarching platform for digital identities with several million transactions per year, used by over 800 customers worldwide. In 2021, IDnow acquired the French market leader for identity technology, ARIADNEXT, and the German identity Trust Management AG, enabling IDnow to offer its customers one of the broadest identification solutions through a single, integrated platform.

Compliance Updates

1Click Games receives the prestigious ISO 27001 Information Security Certificate

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The ISO 27001 certificate is a worldwide information security management standard that allows organizations in the online gambling industry and other sectors to manage asset security. It establishes, in particular, how information security risk management processes should be built and what controls should be used. ISO 27001 certification allows 1Click Games to offer additional guarantees to our customers regarding information security and data processing.

This year, the compliance of 1Click Games with ISO 27001 international standards was checked by one of the world’s leading independent auditors. The auditors assessed how our services comply with the requirements of the International Organization for Standardization, including management processes, the use of technologies and equipment. The analysis showed that the risk management system in the services is built and developed on the basis of the best world practices and fully provides the necessary information protection.

Maxim T., CEO at 1Click Games, says: “Data protection is one of the cornerstones of our business, and ISO 27001 certification demonstrates how seriously we take this responsibility and these strict standards. The certification process, took many hours of detailed checks. However, along with the satisfaction of the result, we recognize that this is only part of our ongoing responsibility to ensure the maximum possible safety of our customers. Besides, information security is never a static process, and in order to continue to set our services at the highest possible level, we requested one of the strictest certificates — ISO 27001 — and received it.”

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Lithuania Gambling Supervisory Authority Imposes €15,000 Fine on Top Sport

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Lithuania Gambling Supervisory Authority Imposes €15,000 Fine on Top Sport
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Lithuania’s Gambling Supervisory Authority has issued operator Top Sport UAB with a fine of €15,000 for failing to properly install a digital video recording system at two of its retail betting facilities.

An investigation by the regulator found that systems placed at the two locations in Klaipėda were not recording the premises properly.

The Authority said at one of the sites the video system set up to capture images of anyone who enters the shop was not recording accurately and the images were blurred, meaning it was not possible to identify those who had visited the premises.

The regulator’s investigation also found that the recording systems at both locations failed to capture images of financial transactions and also how much money was being paid in and out at each facility.

As such, the Authority said this breached article 15 part 3 of the Gambling Law of Lithuania, which states that video recordings must clearly show people entering the betting shop, as well as the actions of gamblers and bookmakers at the location.

The Authority noted that the decision is open to appeal by Top Sport.

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Compliance Updates

Danish Gambling Authority Blocks 82 Illegal Websites

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A Danish court has backed an order from the country’s gambling regulator resulting in a record 82 illegal websites being blocked.

It is the eighth time that the Danish Gambling Authority has gone to court to have illegal websites blocked that offer gambling activities such as betting and online casino to Danes without a licence.

On 22 September 2022, the court in Frederiksberg ruled in favour of the Danish Gambling Authority in all 82 cases that had been reported. It is the highest number of blockings at one time since 2012, when the Danish gambling market was partially liberalised, and the Danish Gambling Authority began blocking websites that illegally offer gambling to Danes. By comparison, the Danish Gambling Authority’s action against 55 websites in 2021 was upheld.

“The Danish Gambling Authority was established to ensure the framework for a fair gambling market. One of our most important tasks in that context is to protect players against illegal gambling and to ensure that they are not exposed to gambling providers that do not have a licence in Denmark. At the same time, it is very important that we ensure that the operators who are licensed to offer gambling in Denmark can run their business under orderly conditions and therefore our work to block illegal websites is very important,” Anders Dorph, Director of the Danish Gambling Authority, said.

Since the current Gambling Act came into force in 2012, the Danish Gambling Authority has had a total of 227 illegal websites blocked by the city court.

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