GeoConformity confirmed that its IDComply KYC solution became fully licensed in New Jersey, and was subsequently launched with Amelco and Exaggerate within the region.
In addition to the age and identity verification obtained through the igaming solution, GeoComply will also provide Amelco with geolocation compliance for the online sports betting platform PlayUp.
IDComply provides operators with an all-in-one solution that manages KYC and digital identity verification, while striving to deliver the “highest possible levels” of player acceptance.
“As a technology-driven company, we wanted to make sure that our regulatory approval in New Jersey included the latest offerings from our technology partners and leveraging GeoComply’s IDComply product was at the heart of that process,” commented Dr Laila Mintas, CEO of PlayUp.
“With some of the most stringent requirements and rigorous testing of any state, achieving this milestone in New Jersey has positioned PlayUp for continued success as we expand into other US states.
“GeoComply’s proven KYC compliance and geolocation solutions, along with their experience and expertise, have truly had a huge impact on our ability to scale our business rapidly. “
GeoComply also updated that the New Jersey Department of Gaming Enforcement not only requires data verification for KYC but also a secondary form of authentication, either knowledge-based authentication or digital identity authentication, in order to validate an account.
GeoComply developed IDComply in response to customer requests for an integrated solution that covers more of their compliance requirements beyond geolocation.
“KYC compliance and geolocation are two cornerstones of the video game industry and we are very happy to have been able to help operators like PlayUp to license their own products,” added Lindsay Slader, General Manager of Games at GeoComply.
“CEO really sets the standard for compliance in the US, so getting the IDComply license in New Jersey is a real achievement for our business. We believe that strict compliance controls are essential to the integrity and success of the industry. “