KYC For Gaming
The global gambling market is worth around US$500 billion and growing
When such large amounts of money changes hands quickly in establishments like casinos where fiat currency can be exchanged for chips, and vice versa, and where there are many relatively anonymous exchanges happening, there is a significant risk that criminals will be tempted to use the situation to launder money.
Depending on the jurisdiction and types of games being offered, casinos, betting websites, gambling mobile apps and other businesses that offer gambling have different levels of restrictions for customers, and may need to gate users based on age, location or any other requirements depending on the specific KYC regulations. In complying with local and regional regulations, there is a need to ensure accuracy and legitimacy, but there is also a requirement for users’ identities to remain secure and confidential.
Blockpass is perfect for the gaming industries to provide an ideal solution with fast and secure KYC and AML compliance, and the ability to flexibly, quickly and easily manage identities. In addition, Blockpass’ ecosystem represents a pool of pre-verified users with secure and compliant identities who are ready to instantly onboard to any gaming platform. Blockpass also enables companies to rapidly onboard new users who then have control of their own identities.
BLOCKPASS
A Complete Solution Portfolio
Blockpass offers a multi-product portfolio that allows merchants to choose the scale of solution that applies to each business and jurisdiction. Whether a business wants only Face Match certification, or if they also require KYC, AML or enhanced SLAs, Blockpass is able to offer a full range of identity verification solutions.