The main advantage of a single contract for all your Compliance needs is that, by dealing with one organisation, co-ordination will be better, administration will be reduced or simplified, there will be fewer people involved, and financial recording of charges and income will be simpler. Sadly, there are still a great many legacy systems out …
As a Gaming or Payments Operator, are you being sent an unnecessary number of invoices by your Compliance suppliers? If you’re not taking advantage of consolidated invoicing, you could be. In order to reduce the time burden on staff, look for suppliers with an invoicing platform that offers consolidated invoicing logic. The invoicing platform should …
Following on from the earlier article on Open Banking (What does Open Banking mean for Gaming Operators?), here is the second of the three pieces; some further considerations on the operational impacts should a Gaming operator embrace the benefits of an Open Banking led change within their business. I strongly believe that Open Banking can …
Open Banking is the UK’s response to the EU Payments Services Directive (PSD2); an EU directive requiring banks to share customer transaction data with licensed third parties when requested to do so by the end-user or customer in question. Introduced in January 2018, it is a regulatory roadmap. Developed by the Financial Conduct Authority (FCA) …
What does Open Banking mean for Gaming Operators? Read More »
As reported by SBCNEWS last week, the licenses of seven UK on-course bookmakers are now under review by the UK Gambling Commission (UKGC) for allowing a 16-year old to place a bet at this year’s Royal Ascot event in June. Although on-course bookmakers across the UK are carrying out checks to ensure that under-aged persons …
The challenges for Age Verification both online and offline Read More »
Building on the success of 2018, W2 were exhibiting at the 2nd annual Disrupting Online Gambling event in London on 12th & 13th June 2019; the agenda split into 4 key themes covering the pressing issues facing the industry: Regulation, Technology, Security and Responsible Gambling. Over the two days, we got to speak with gambling …
The Gambling Commission has launched a public consultation on age and identity verification procedures in online gambling. This aims to address underage gambling. The consultation was first outlined in Commission’s Review of online gambling and subsequently confirmed in the response to Responsible Gambling Strategy Board’s report on children, young people and gambling. The consultation applies …
W2 contributes to the GC Consultation on age and ID verification Read More »
