TLDR
- The Bulgarian platform specializing in online gambling, Sesame Online, has partnered with iDenfy to implement identity verification processes.
- Solutions from iDenfy target key issues such as preventing underage gambling and curbing money laundering.
- The collaboration focuses on automating and enhancing the KYC processes for Sesame Online.
- Advanced technologies like AI-driven facial recognition and 3D liveness detection form the core of iDenfy's offering.
- Recognized for their efforts, Sesame Online took home the 2023 Responsible Gaming Program award from the BEGE Expo.
Sesame Online, a platform for online gambling in Bulgaria, has aligned itself with iDenfy, a Lithuanian identity verification expert, with an aim to make online betting safer and more user-friendly.
The popularity of online gambling is on the rise, but it also brings along risks such as underage gambling and money laundering, which Sesame Online aims to tackle head-on.
Victoria Petrova, CEO of Sesame Online, shared insights on their choice of iDenfy:
\"They are the market frontrunners, providing robust automated solutions crafted especially for the iGaming sector. This transition has already sped up user onboarding, ensuring only verified and real players seamlessly use our services.”
Bringing cutting-edge tech to the forefront, iDenfy utilizes AI for facial recognition coupled with 3D liveness detection, reinforcing user verification measures. the gambling site is who they say they are.
A key objective focuses on barring minors from online gambling environments. Research shows because children who gamble early are likely to face gambling issues later in life. By verifying user ages, Sesame Online is fostering a safer space.
The innovative system is also pivotal in the battle against money laundering, a tactic sometimes employed by criminals to present illicit funds as legitimate through online gaming platforms. users’ identities By scrutinizing and verifying the origins of funds, Sesame Online contributes to the prevention of this fraudulent activity.
Domantas Ciulde, CEO of iDenfy, remarked on the strategic partnership:
\"By continually refining biometric authentication and machine learning algorithms, we equip gaming operators to meet regulatory standards while safeguarding younger populations.”
Beyond compliance, this partnership aspires to enhance user-friendliness for genuine players. Previously, signing up could be a cumbersome experience. With iDenfy’s tech, Sesame Online seeks to streamline the registration process.
iDenfy’s system capability to verify over 3,000 different types of ID documents from 200 countries ensures that Sesame Online can securely welcome players from around the globe.
Already a proponent of responsible gambling, Sesame Online has proven its dedication by securing the 2023 Responsible Gaming Program award at the BEGE Expo, highlighting their quest to foster a safe and equitable gaming milieu.
Compliance is stringent in the online gambling industry, set to shield players and thwart crime. Collaborating with iDenfy, Sesame Online is proactively meeting and exceeding these regulatory challenges.
