Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Latest News

New digital identification app Luciditi launched to target gambling industry’s “achilles’ heel”

Published

on

New digital identification app Luciditi launched to target gambling industry’s “achilles’ heel”
Reading Time: 2 minutes

 

Team behind multi-million pound technology platform Docman, that held clinical documents for two-thirds of UK population – enter gambling market as operators bolster regulatory technology

Cybersecurity experts behind a multi-million pound British health technology firm have launched digital ID app Luciditi ahead of the gambling industry’s White Paper review.

Luciditi is a real-time identification platform, which uses photo facial matching, document proofing and liveness detection, alongside military-grade encryption to ensure the security of the increasing number of documents customers are being asked to give to operators.

The security app uses a concept yet to be seen in the betting and gaming industry in providing customers with a digital ID account, where all their personal data can be stored – away from operators. Players can then use the ID to verify themselves across multiple operators with real-time consent.

This will pave the way for simple identity verification within operator groups and amongst rival brands, which will help negate the risk of customers making multiple accounts to deposit more money – one of the examples cited against Entain, who were forced to pay a record £17million for compliance breaches.

Luciditi launch with clients including social pools betting app Premier Picks, who have integrated the app’s technology into their own platform to provide real-time identity verification.

The platform has been built over the past three-and-a-half years in-house by UK-based parent company Arissian, who believe the app would have cost several million pounds to create in research and development from scratch.

Luciditi is co-founded by Philip Young, Chief Technical Officer of Arissian. Young has entered the gambling industry for the first time after selling Docman to private equity. At one time, Docman held clinical documents for two thirds of the UK population.

Philip Young, creator of Luciditi and Chief Technical Officer of Arissian:

”As the recent catalogue of high-profile data breaches prove, large organisations aren’t necessarily the best equipped to keep your data safe, with the gambling industry being no exception.

“Operators haven’t upgraded their technology at the pace required both by the modern customer in terms of a speedy registration process and most importantly, to ensure the vast and growing cache of personal information now required to stay on file is kept as secure as possible.

“Luciditi adds a level of confidence which doesn’t currently exist in the market by using digital identity technology currently available in other sectors, bringing it to gambling operators of all sizes and finding a solution to the industry’s achilles’ heel.

“We are bringing our experience in the medical and healthcare sector – where speed, data security and customer trust is of the utmost importance – to gambling at a time when operators are going to have to invest significantly to meet regulatory requirements and customer expectations.”

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Advertisement

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, 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 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.