Playtech Joins Forces with IDVerse to Enhance Player Safety
Date: 2023-09-14 Author: Dima Zakharov Categories: TECHNOLOGY, EVENTS
Digital identity verification company, IDVerse (formerly known as OCR Labs Global), has entered into a strategic partnership with software provider Playtech, marking a significant development in the world of online gaming.
Playtech is integrating IDVerse's cutting-edge identity verification technology into its platform, with the primary goal of ensuring player safety and reducing fraudulent activities through an advanced verification system.
IDVerse's innovative technology can swiftly verify new players within seconds using automated artificial intelligence solutions, solely by analyzing customers' facial features and smartphone data. What sets this technology apart is its ability to work with more than 16,000 document types across 220 countries, supporting 142 languages and typesets, all without the need for human intervention.
With IDVerse's technology now incorporated into Playtech's system, new players can be verified instantly from anywhere and on any device, eliminating the need for human involvement. Playtech expects that this implementation will lead to a significant decrease in player drop-offs, thanks to near-instant results.
An additional advantage of this technology is its use of generative AI, which actively guards against discrimination based on race, age, or gender. Independent lab testing has shown an impressive accuracy rate of 99.99%.
Fiona Davies, Head of Gaming at IDVerse, expressed her enthusiasm about the partnership, stating, "This collaboration empowers Playtech operators to embrace a cutting-edge ID verification solution that eliminates the necessity for manual document authentication on a global scale. This advancement streamlines operational processes and significantly accelerates the onboarding process."
Davies further elaborated on the benefits, saying, "IDVerse's technology automates the verification procedures entirely, addressing the common challenges associated with slow and expensive manual document reviews that operators using older solutions frequently encounter. This enables customers to expand into emerging markets with a single ID verification supplier, providing the flexibility to onboard players wherever and whenever they desire."
Playtech is integrating IDVerse's cutting-edge identity verification technology into its platform, with the primary goal of ensuring player safety and reducing fraudulent activities through an advanced verification system.
IDVerse's innovative technology can swiftly verify new players within seconds using automated artificial intelligence solutions, solely by analyzing customers' facial features and smartphone data. What sets this technology apart is its ability to work with more than 16,000 document types across 220 countries, supporting 142 languages and typesets, all without the need for human intervention.
With IDVerse's technology now incorporated into Playtech's system, new players can be verified instantly from anywhere and on any device, eliminating the need for human involvement. Playtech expects that this implementation will lead to a significant decrease in player drop-offs, thanks to near-instant results.
An additional advantage of this technology is its use of generative AI, which actively guards against discrimination based on race, age, or gender. Independent lab testing has shown an impressive accuracy rate of 99.99%.
Fiona Davies, Head of Gaming at IDVerse, expressed her enthusiasm about the partnership, stating, "This collaboration empowers Playtech operators to embrace a cutting-edge ID verification solution that eliminates the necessity for manual document authentication on a global scale. This advancement streamlines operational processes and significantly accelerates the onboarding process."
Davies further elaborated on the benefits, saying, "IDVerse's technology automates the verification procedures entirely, addressing the common challenges associated with slow and expensive manual document reviews that operators using older solutions frequently encounter. This enables customers to expand into emerging markets with a single ID verification supplier, providing the flexibility to onboard players wherever and whenever they desire."
