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Playtech Strikes Deal with IDVerse to Continue with Global Player Onboarding

Posted on September 20, 2023 | 6:24 am
playtech-strikes-deal-with-idverse-to-continue-with-global-player-onboarding

Playtech, a prominent online gaming software provider for leading operators in the gaming industry, has entered into a partnership with IDVerse, a world-leading company specializing in digital ID verification (formerly known as OCR Labs Global), to enhance player onboarding processes.

In response to increasing demands for streamlined onboarding and verification procedures, operators are actively seeking cutting-edge technology solutions that offer comprehensive automation. Through this collaboration with IDVerse, Playtech empowers its clients with seamless access to a solution capable of swiftly onboarding players from anywhere across the globe.

Operators can integrate IDVerse’s rigorously tested Zero Bias AI™ technology directly into their platform, enabling them to efficiently onboard players while mitigating the risks of fraud. This means that new players can be instantly verified using just a smartphone and facial recognition, all without the need for manual intervention, resulting in a significant reduction in drop-off rates and near-instant results.

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An Impressive Process

IDVerse’s fully automated system verifies new players in mere seconds, relying solely on a facial scan and smartphone, covering more than 220 countries and territories, and recognizing over 16,000 types of documents. Importantly, it incorporates generative AI to train deep neural network systems, safeguarding against discrimination based on factors like race, age, and gender, achieving an impressive 99.99 percent accuracy in independent lab testing.

Commenting on the latest step, Fiona Davies, Head of Gaming at IDVerse, says that this partnership empowers Playtech operators to utilize a state-of-the-art ID verification (IDV) solution that obviates the need for manual authentication of ID documents on a global scale. This advancement not only streamlines operational procedures but also significantly accelerates onboarding speed.

By implementing IDVerse’s technology, operators can fully automate verification processes, effectively addressing the common challenge of slow and costly manual document reviews frequently encountered by casino operators relying on older solutions.

Davies added: ”Our document ID coverage is the most robust on the market today due to the proprietary way in which our neural networks review identity documents. This allows customers to scale into growing markets with one IDV supplier, facilitating flexibility to onboard players wherever they are and whenever they want to play.”

IDVerse’s technology has undergone rigorous testing by NIST-accredited labs, iBeta and BixeLab, against globally recognized biometric standards such as TDIF, SOC 2, ISO 27001, and Presentation Attack Detection (PAD). This level of testing certification is unparalleled in the field of ID verification, both in terms of the comprehensiveness of standards and actual test performance scores.

Source:

“Playtech and IDVerse Partner to Scale Global Player Onboarding”, europeangaming.eu, September 17, 2023.

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