What was the challenge? To comply with the new regulations without compromising the user experience.
In October 2021, a new regulatory standard for the gaming sector in the Netherlands came into force. This regulation affected the registration of users on online gaming platforms. Until then, the activity of citizens in the field of online gaming did not have its own national regulation.
The new regulatory framework requires gambling platforms to have a verification system that guarantees the real identity of users and their age of majority.
However, these security measures may lead to a setback in the user experience.
How to verify the identity of users without hindering their registration process?
The solution: Veridas Digital Onboarding
Our digital onboarding meets all the requirements set by the client.
A registration process of less than 1 minute verifies the user’s identity document and associates it with the person performing the process by means of a biometric comparison. In just 30 seconds, the user accesses the gaming platform securely.
In this way, it is ensured a secure online gambling space that is 100% compliant with the new Dutch regulations.
How do we do it?
Our document verification engine is capable of analyzing security measures in documents from more than 190 countries. More than 30 artificial intelligence algorithms are activated to analyze a single document.
Our facial biometrics engine performs a biometric comparison between the photo of the document and the selfie taken by the user during the process, which allows us to verify that the document belongs to the person applying to play online.
This is a vital step to prevent gambling by minors, who often try to sign up with the documents of their parents or other adults.
Veridas technology is certified and complies with the strictest regulations of each country regarding data protection.
The result: more than 140k verifications with a conversion funnel of more than 96%
Veridas biometric technology has already enabled one of the leaders in the Dutch gaming industry:
- More than 140,000 verifications.
- A conversion funnel of more than 96%.
- Comply with new regulations in the Netherlands and increase security.
- 100% digital user registration. Since the implementation of Veridas’ solution in April, more than 115,000 verifications have already been completed.
- Offer the best online gaming experience in the market.
Shall we turn your story into success?
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