Global Gaming bolsters compliance checks with next-generation ComplyAdvantage software
Wednesday, February 15, 2017 (Malmo, Sweden) – Global Gaming, which offers B2C and B2B gaming products and services to partners and consumers in regulated and emerging markets around the world, has partnered with ComplyAdvantage to strengthen its compliance checks.
Global Gaming is committed to providing the highest levels of financial security. It has put in place advanced AML and KYC measures across its products and casino brands, including Ninja Casino, the lightning-quick gaming experience.
Ninja Casino offers instant cash withdrawals and has revolutionized the online casino customer registration process, thanks to a bespoke Global Gaming payment solution integration that simply requires a deposit via a player’s bank.
Global Gaming has partnered with ComplyAdvantage for its compulsory Politically Exposed Persons (PEP) screening. PEPs are categorized as higher-risk customers subject to additional security due to their influence and access to public resources.
ComplyAdvantage uses artificial intelligence, machine learning and big data analytics to help firms implement a tailored, risk-based approach to comply with regulations relating to sanctions, money laundering, terrorist financing, bribery and corruption. Their proprietary, dynamic risk data and more efficient screening and monitoring technology ensures better accuracy and helps cut through the noise to reduce ‘false positives’ (incorrect risk alerts).
“Global Gaming is determined to offer the tightest possible security and anti-financial crime measures by going above and beyond minimum and standard protocols,” said Linda Kärrholt MLRO of Global Gaming.
“Partnering with ComplyAdvantage allows us to bolster our PEP checks with a market-leader in the field, instilling confidence that our brands are the safest place to play. Furthermore, their intelligent technology helps safely automate our back-end compliance processes. This reduces manual work and human error, meaning a faster, more seamless experience for our customers.”
Founded in 2014 and headquartered in London, with offices in New York, USA, and Cluj, Romania, ComplyAdvantage has more than 200 firms in the financial markets and other regulated and high-risk sectors relying on its data and technology.
“Online gaming is a heightened-risk industry that demands constant vigilance,” said Conor Hickey, Business Development & AML Tech Sales at ComplyAdvantage. “Like Global Gaming, we are an innovative company that is constantly looking at – and implementing – new and improved methods. By adopting the very latest technologies we have disrupted the compliance sector with smart, next-generation solutions that reduce the burden of compliance while meeting the standards of the most strenuous regulations around the world.”