Department of Trust and Yoti introduce one-click affordability and identity verification

 

Gambling operators can improve customer experience whilst improving compliance 

Digital identity company Yoti and Department of Trust, the financial KYC provider, have today announced a new partnership enabling gambling operators to complete affordability, safety and identity checks in one click.

Consumers will be able to link a new or existing Yoti verification to a BetBudget personal financial profile at any time. After completing this simple one-time process, future registrations at participating gambling sites can be achieved in one click.

Operators who use the combined service will have the benefit not only of frictionless registration with reduced risk of fraud, but also instant access to ongoing real-time financial KYC data for affordability, responsible gambling and AML checks.

Robin Tombs, CEO of Yoti said: “We’re excited to partner with the Department of Trust (DoTrust) and combine our solutions to introduce a new standard of compliance and identity verification for the gambling sector. DoTrust shares our philosophy to empower individuals with a safer way to share their personal information; one that protects their privacy and personal data, whilst ensuring companies have the details they need to be compliant.”

Charles Cohen, CEO of Department of Trust, said: “Safe, one-click identity and financial KYC is the holy grail for gambling operators and their customers. No more forms, no more documents – and no risk to privacy. Yoti’s document based verification tools are the best on the market, with millions of users already. Combining this with the power of Open Banking to enable non-intrusive and effective affordability checks is a great step forward for the industry.”

European Gaming Congress 2024 (Warsaw, Poland)
Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.