Fraud prevention specialist iDenfy has forged a strategic partnership with Alphawin, a prominent casino and sportsbook operator headquartered in Bulgaria. This alliance aims to introduce cutting-edge age verification processes into Alphawin’s iGaming platform, leveraging the power of artificial intelligence.
With this venture, iDenfy will revolutionize the onboarding process for new gamers and customers at Alphawin by implementing advanced identity verification methods. The primary objective is to grant access to the iGaming services exclusively to individuals whose age aligns with the platform’s guidelines.
By integrating AI-driven identity verification solutions, Alphawin seeks to elevate its overall customer experience, emphasizing safety and seamlessness. The collaboration with iDenfy aligns with Alphawin’s strategic initiative to foster a robust and trustworthy relationship with its clientele while catering to the rapidly expanding user base.
The partnership will facilitate swift user onboarding while simultaneously enhancing identity verification conversion rates. In addition, this move ensures adherence to Know Your Customer (KYC) regulations, a pivotal aspect of the gaming industry, which demands stringent compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
In an era where online gaming platforms must proactively combat underage gambling and illegal activities, automated KYC tools become indispensable. iDenfy’s suite of solutions empowers Alphawin to gather accurate personal information from users, including names, dates of birth, identification documents, and addresses.
Central to the collaboration is iDenfy’s sophisticated four-step identity verification process, bolstered by liveness detection technology. This advanced feature serves as a real-time defense mechanism against fraudsters employing tactics like pre-recorded videos, masks, deepfakes, and image alterations. Complementing this technology is iDenfy’s team of KYC experts, who meticulously review the software’s outcomes to ensure precision and transparency.
Through this synergistic partnership, iDenfy and Alphawin are poised to redefine safety standards in the online gaming sector. By seamlessly integrating AI-powered identity verification, the collaboration not only strengthens Alphawin’s commitment to user protection but also reinforces its compliance with industry regulations.
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