GamblingIQ weighs in on digital gambling IDs, AI vendors

GamblingIQ, an organization of gambling intelligence specialists, has published a new report that examines the potential impact of artificial intelligence (AI) and digital identity technologies on the gambling industry.

The white paper published by the UK Department of Culture, Media, and Sport earlier this year outlined an exhaustive set of objectives and opportunities for the British wagering industry, providing a clearer roadmap for the industry’s future. The report aims to aid gambling operators in addressing the challenges posed by ongoing gambling reforms.

In the report, which is available for purchase on the GamblingIQ website, companies such as Persona, Signzy, and Yoti are regarded as market leaders in the identity-proofing industry, and they offer viable solutions to wagering businesses that require robust identity verification.

The report also examines key trends in the market for ID verification and the crucial role that data security plays in preventing fraud. In addition, it addresses the escalating menace of cybercrime and its implications for the digital industry as a whole.

The most recent advancements in identification and face biometrics technology, particularly from government-certified providers, are a primary focus of the report.

These technological advancements can play a crucial role in assisting operators with age verification, thereby preventing juvenile wagering. GamblingIQ recommends that legislative changes require operators to hire third-party, certified digital providers for the automated age verification of all consumers.

Prior to this most recent study, GamblingIQ investigated a number of pressing issues within the gambling industry, including the links between social gambling and gambling addiction, as well as advancements in payment engine technology.

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Original story by: Gambling Insider