Novibet to announce new partnership with W2 by FullCircl

[Wolf32]

Novibet, a prominent player in the online betting industry, recently revealed its choice of FullCircl’s identity solutions platform, W2, as its newest digital compliance ally.

This strategic partnership aims to fortify Novibet’s adherence to regulatory standards, ensuring a secure gambling environment for its clientele.

W2’s tailored solution for Novibet strikes a harmonious chord between regulatory adherence and customer engagement. Its suite of Anti-Money Laundering (AML) solutions furnishes the bookmaker with access to a comprehensive array of global sanctions, Politically Exposed Persons (PEPs), and watchlist data from key jurisdictions spanning South America, North America, and the EU, all through a unified API access point.

By screening millions of records monthly, W2 aids Novibet in curbing money laundering from the initial onboarding phase to ongoing monitoring and transaction points, thus facilitating a seamless journey for Novibet’s expanding customer base while safeguarding its reputation.

Giannis Papastamou, Head of Customer Compliance & Group MLRO at Novibet, expressed:

W2 came highly recommended by DTI Solutions, a leading cyber security integrator in the gambling industry. This collaboration underscores our commitment to upholding the highest regulatory standards and ensuring ongoing player protection, all while delivering a seamless and secure gaming experience for our customers. Based on our initial experience, we are eager to explore further integration of the W2 product suite into our platform.

Jess Whitehouse, Head of Customer Success, Identity Solutions at FullCircl, remarked:

We are thrilled that Novibet has chosen W2 by FullCircl. We are providing them with a gold standard approach to gambling compliance, including non-intrusive identity verification checks that strike a balance between the necessity for customer due diligence (CDD) and frictionless onboarding, thereby enhancing the player experience. I extend my gratitude to our trusted partner DTI for their instrumental role in bringing this partnership to fruition.