Latest News
From 3 days to 3 clicks: TrueLayer launches Verification API to deliver an effortless onboarding experience
-
Built on top of open banking, the new API delivers a significantly better onboarding experience, with 90%+ of good actors successfully verified in 3 clicks.
TrueLayer, Europe’s leading open banking platform, announced the launch of a new approach to account ownership checks with its Verification API.
Combining open banking with machine learning, the Verification API makes onboarding effortless with success rates that are over 20% higher than credit bureaus and returning a result in seconds, rather than days, compared to manual bank statement checks. By pre-verifying customer’s details, it also simplifies payments setup meaning no more failed transactions.
Multiple TrueLayer clients are using the Verification API, including Authologic, a Y Combinator-backed provider of identity verification solutions.
“Whether you are a fintech, a marketplace, or an ecommerce platform you want to deliver the best possible onboarding experience. We are aggregating different identity verification methods and we are big supporters of using open banking thanks to its ability to make the entire process more intuitive. Working with a market leader like TrueLayer to integrate its Verification API will help us to further strengthen the identity verification process for our customers,” commented Jarek Sygitowicz, co-founder of Authologic.
Traditional verification methods such as bank statement uploads are slow, error prone and create a poor user experience. While open banking offers another approach, existing providers provide access to raw data that requires businesses to then build and maintain their own logic to check that the customer’s name matches their name on file at the bank.
TrueLayer’s Verification API removes these issues. Rather than the time consuming and resource intensive task of building a matching engine, TrueLayer has developed a verification logic that sits on top of open banking rails. It matches the name supplied during the onboarding process with the name on file at the bank, providing a single feed that ensures an immediate and highly accurate response on whether their user’s account has been verified or not.
As a result, the Verification API delivers significant benefits, including:
-
An accelerated onboarding process from 3 days to just 3 clicks.
-
Coverage spanning all major banks, resulting in a 22.5% higher success rate compared to credit bureau checks.
-
Lower fraud risk through embedded Strong Customer Authentication within the bank verification flow.
-
An improved user experience, with a simple redirect to their banking app to confirm account ownership with a fingerprint or Face ID.
-
Reduced payment failures by using pre-verified account details.
-
Reduced burden on compliance teams by automating checks through a single API call.
-
Reduced burden on engineers who can focus on solving core business problems, rather than building and maintaining name-check logic.
“Verification is the first step to onboarding a new user and yet it can often take days to verify an account owner using traditional methods. Their security is questionable, they’re prone to errors and they take forever,” commented Ossama Soliman, Chief Product Officer at TrueLayer. “It doesn’t need to be that way. With the Verification API we’ve built on top of open banking to create a faster, more secure and more accurate approach to verifying a user’s account. It serves businesses across multiple industries, including financial services, PSPs, wealth management and trading, marketplaces, property and iGaming.”
Latest News
Springbok Casinoâs Wild November Feature âBackyard Gangstersâ Offers 25 Free Spins on new Clue Chronicles: Mirror Mansion slot
Unravel the murder mystery and get 25 Free Spins on Clue Chronicles: Mirror Mansion, a feature-packed slot!
Springbok Casinoâs November feature article introduces the “Backyard Gangsters” a playful look at the diverse animals that inhabit our gardens, highlighting their unique roles in maintaining ecological balance.
“Our backyards are teeming with life, and itâs fascinating to see how these cheeky animals each play a vital role in the ecosystem. From flashy sunbirds to silent assassin geckos, these creatures are portrayed as the true rulers of our garden turf, each contributing to the garden’s dynamic.” â Daniel Van Wyke, Springbok Casino Manager.
To celebrate these gang of wild characters, the leading South African online casino is offering all depositing players 25 free spins on the new RTG slot, Clue Chronicles: Mirror Mansion, until November 30th.
CLUE CHRONICLES: MIRROR MANSION – 25 FREE SPINS
Available to all players until November 30, 2024
25 Free Spins for âClue Chronicles: Mirror Mansionâ
Coupon Code: BACKYARD
Clue Chronicles: Mirror Mansion is a new high-stakes murder mystery slot with a Reel Copy feature and a choice of up to four modes for its Free Games bonus round. When matching symbols stack on the first reel, the Reel Copy feature is triggered, mirroring the stacked symbols on up to four more reels, increasing chances of a killer payout!
BACKYARD GANGSTERS: THE SECRET RULERS OF YOUR GARDEN TURF
Tiny Titans: The Insect Underbosses maintain order in the garden with their clever strategies and ruthless efficiency. For instance, the “Bees: the Buzzing Businessmen” and the “Butterflies: the Glamorous Gangsters” ensure that plants and flowers are pollinated, keeping the garden lush and vibrant.
Feathered Mobsters: Birds that Rule the Backyard Skies are always on the hunt for territory and food to snatch. The vigilant Hadeda Ibis doesnât just feast on worms and insects; its incessant squawking serves as a warning to any trespassers in its domain.
The Night Watchers: Nocturnal Gangsters features stealthy bushbabies expertly bouncing between trees, raiding your fruit with finesse, while owls silently stalk the night, watching and waiting for rodents and insects from their perches.
Youâll also find the diligent clean-up crew of ants and dung beetles, the undercover enforcers like ladybugs and assassin bugs, and the camouflaged tricksters such as snails and slugs!
Springbok Casino provides customer service in English and Afrikaans, offering hundreds of slots and table games from Spin Logic, all played in rands. Games are playable on mobile devices or on your desktop as download, instant.
Latest News
Playân GO celebrates multiple win at 5 Star Media Awards
Playân GO, the worldâs leading casino entertainment provider, is today celebrating a five-award sweep in the coveted 5 Star Media Awards of 2024. Â
The legendary games studio nabbed a second consecutive Slot Supplier of the Year award, as well as being named the RNG Casino Supplier of the Year. The company also secured three of 5 Star Mediaâs âTop 20â Awards for co-founder and CMO Ebba Arnred, Director of Business Development Stuart Trigwell, and Head of Brand and Communication, Andrew Pink.Â
Playân GO has enjoyed a landmark 2024, breaking new ground by entering the South African market, as well as expanding its US presence into what is now five states.Â
Ebba Arnred, Co-Founder and Chief Marketing Officer at Playân GO, commented âWeâre always very pleased to have our work recognised at the various awards throughout the year, but to win five in one fell swoop is almost unprecedented. Itâs very special to be awarded Slot Supplier of the Year for a second year in a row, and RNG Casino Supplier of the Year is another well-received feather in our cap. We would like to thank 5 Star Media and the entire judging panel, as well as our entire team here at Playân GO, without whom these award wins simply wouldnât happen. On a personal level, Iâd also like to express gratitude for the individual recognition of a 5 Star âTop 20â Award.âÂ
Stuart Trigwell, Director of Business Development at Playân GO, added âIâd like to express a sincere thank you to 5 Star Media for being recognised in their âTop 20â Awards. We do our work not for individual accolades but for the success of the entire business, so itâs great to see Playân GO so well represented across the board.âÂ
Andrew Pink, Head of Brand and Communication at Playân GO, said âPlayân GOâs driving ambition is to be the best entertainment supplier there is. Aside from producing some of the most played games and best loved characters in the world, that ambition is often realised by things largely unseen by those outside the company. Itâs extremely gratifying for everyone at Playân GO to be recognised as Slot Supplier of the Year. Next year may just be our biggest and best yet.âÂ
eSports
Procedure to be followed by school clubs affiliating for the 2025 season
Mind Sports South Africa (MSSA), founded in 1984, is the national federation for Board games, Card games, Esports, and Wargames.
MSSA promotes all the different disciplines equally, although each school may pick-and-choose which discipline it wishes to promote at its school. Some schools will promote the whole gambit, while others will concentrate on only one discipline, and/or even just concentrate on one specific title.
The choice is ultimately up to the school.
MSSA has sent teams with full Protea Colours to international events since 1991 for wargames, 1996 for Morabaraba, 1997 for Checkers, and 2005 for Esports. Many members of the national teams have been scholars, and all have benefited from their involvement in the national Protea Team.Â
There is still the option open for a school to start a full-blown sub-club on its premises, but bearing in mind the tight regulatory conditions under which accredited schools have to operate in the Republic, the MSSA no longer deems it necessary for a school to start a sub-club.
As long as the school club has the approval of the school, and has an Educator-in-Charge, a school may affiliate by merely completing the Application for Affiliation Form and submitting such to MSSA.
Advantages of having a MSSA affiliated club: There are many advantages of having a MSSA affiliated club, such as:
-
Being part of a community where your club has a real say in how things are done
-
Being able to apply for National Lottery Funding â MSSA member clubs can apply for up to R800,000.00 in funding
-
Being able to get assistance from your local government
-
Experience increased media exposure of your events and your gamers
-
Become part of the international community through the MSSA Registered players are able to become internationally recognised umpires, etc.
-
Enable your gamers to take part in MSSA events, which may qualify them for Regional, Provincial, and National colours, overseas trips, and even sports bursaries at university.
- Private clubs:Â one vote per every five registered players, and
- School clubs: one vote per every ten registered players.
MSSAâs General Regulations  Â
The General Regulations comprises of decisions made by both Council and Executive Committee Meetings. The General Regulations deals with how sub-committees operate as well as to how teams are selected and development funding is distributed. Â Please refer to Schedule 10.12 in regard to the rights of clubs in hosting events.
MSSAâs Discipline Specific Regulations  Â
The Discipline Specific Regulations deal with rules concerning the different disciplines. The Disciplines that the MSSA caters for are; Board Gaming, Card gaming, Esports, and Figure Gaming.
When a club applies for membership, the applicant club must complete such form and return the same to the MSSA.Fee note for 2025
The fee note details the Affiliation Fees and Registration fees that are payable.
Player Registration Form  Â
The Player Registration Form needs to be completed by every player that is a member of a club and intends to participate in MSSA affairs.
MSSAâs Letter of Undertaking  Â
The Letter of Undertaking is for all registered players who sit on any MSSA committee.
-
Asia5 days ago
Skillhub Online Games Federation forges strategic partnership with IESF to bring International Esports Championships to India
-
Asia4 days ago
Red Bull M.E.O. returns in 2024 to India: BGMI qualifiers lead to thrilling LAN National Finals in Chennai
-
Latest News5 days ago
TRUMO LAUNCHES INSTANT OPEN BANKING PAYMENTS FOR FINNISH IGAMING REFORMS
-
Industry News5 days ago
International Accolade for Campaign from the Danish Gambling Authority
-
Asia4 days ago
GG.BET is inviting BLAST Premier: World Final attendees to the GG.BOOTH to take part in some fun activities
-
Asia5 days ago
DreamHack India 2024: A complete guide to the esports tournaments with INR 45+ lakh prize pool on the line
-
Asia3 days ago
NODWIN Gaming partners with Japanese gaming company KONAMI for âeFootball Diwali Showdownâ
-
Industry News5 days ago
Betsson Group Triumphs at the EGR Operator Awards 2024, Securing Five Major Wins