The surge in online gambling participants in recent years suggests that the global sports betting industry is showing no signs of slowing down. The gambling and betting industry ranks among the world’s fastest-growing sectors according to the Online Gambling Global Market Report 2023. Its growth is propelled by the multitude of sports enthusiasts who enjoy […]
LONDON, UK – 24 October 2023 The leading data verification service in the U.S. Gaming Industry, Aristotle Integrity, has partnered with world-leading digital ID verification company IDVerse (previously known as OCR Labs Global) to easily scale player onboarding and Know-Your-Customer (KYC) processes. IDVerse’s entirely automated generative AI-powered solution is seamlessly incorporated into the Aristotle AutoDoc orchestration platform. This […]
Brings Safe and Legal Online Gaming to the Bluegrass State WASHINGTON, DC, Sept. 28, 2023 — Aristotle has been awarded a sports wagering services license in Kentucky. This comes after the Kentucky Horse Racing Commission recently voted unanimously to approve sports wagering regulations, with Gov. Andy Beshear signing the emergency regulations immediately thereafter. Bettors can […]
Incode and Aristotle’s integration offers online users next-level speed and ease through combined solution SAN FRANCISCO, Sept. 18, 2023 — Incode Technologies Inc., a leading provider of world-class identity verification and authentication solutions for global enterprises, today announced a partnership with Aristotle Integrity, a leader in identity, KYC and anti-fraud services. Now, Aristotle can offer the Incode-powered Integrity […]
In today’s digital age, ensuring the safety of children online has become an increasingly complex issue that demands our attention. A survey conducted by Common Sense Media in 2020 revealed that children in the United States, ranging from infancy to eight years old, typically spend an average of two-and-a-half hours per day engaging with various […]
For banks, lenders, and other financial institutions, know-your-customer/know-your-client (KYC) compliance is essential. The United States, the United Kingdom (UK), the European Union (EU), and other global authorities have put strict KYC regulations in place in recent years. These rules are designed to combat money laundering, fraud, terrorism financing, and other illicit activities. All financial entities […]
Banks, lenders, and other financial institutions are subject to several different complex regulations. KYC (know-your-customer/know-your-client) rules and AML (anti-money laundering) rules are two of the most important regulations that financial entities must comply with. You may hear KYC and AML referred to together, but it is important to understand that these are two separate regulations. […]
Over the last several decades, the global community has come together in an effort to stop terrorism. A large part of the focus has been on stopping and responding to the financing of terrorist activities. CFT regulations (Countering the Financing of Terrorism/Combating the Financing of Terrorism) are among the most powerful and effective tools that […]
In the U.S. alone, roughly $300 billion is laundered each year, and this represents about 15-38% of the money laundered globally. Money laundering is a growing issue and the amount of money that can move through a single laundering operation is significant. Because of this, security measures, such as AML, should be in place to […]
Money laundering poses a major dilemma for businesses of all shapes and sizes. It is estimated that over $300 billion is laundered in the U.S. each year. While the regulations aimed at reducing financial fraud can seem quite complicated, there are electronic solutions available that reduce the burden on businesses by increasing reliability and reducing […]