In late June, the Ontario Lottery and Gaming Corporation (OLG) announced implementing Photo ID verification. This has been in response to changes made by the federal government to allow online casino gaming in Canada with player age verification and anti-money laundering measures in place. This new regulation affects all of Canada’s iGaming market, but it
Category Archives: know your customer (KYC)
AcuityTec Solutions, know your customer (KYC), Payment Risk Management Solution
Payments Risk Management at your Service
29
Mar
Mar
You’ve probably heard about online payment scams and schemes, but have you ever wondered just how widespread they are? According to recent research, payment fraud affects one out of every 67 transactions, and the rate of growth in these crimes has been increasing over the past years. The fact is payment processing is the lifeline
Anti-Money Laundering, Compliance, identity verification, know your customer (KYC)
Compliance and Disclosure from a KYC/AML Perspective
03
Feb
Feb
Advances in technology have made it easier than ever to transfer money between people and organizations. Unfortunately, they’ve also made it easier than ever to transfer illicit funds illegally around the world. To prevent this from happening, banks and other financial institutions institute compliance programs that make sure they know their customers —that is, they
