GeoComply has strengthened its presence within the US as the company received a temporary certificate of authority relating to its sports wagering service provider license application in Louisiana.
Following its certification, GeoComply will be able to utilise its geolocation compliance technology, along with its all-in-one KYC and AML solution entitled IDComply.
“We are so pleased to be approved to service our clients and partners in Louisiana,” says Lindsay Slader, managing director of gaming at GeoComply. “The launch of sports in Louisiana has been eagerly awaited by the GeoComply team this fall and we are ready to support the deployment of online sports betting as quickly as the state is able to allow it.”
IDComply provides operators with a technical solution that taps into vendors for KYC and digital identity, to ensure compliance verification while delivering player-acceptance in a “compliant, fast and low-friction model”.
GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user’s true digital identity. Beyond igaming, the firm provides geolocation fraud detection solutions for streaming video broadcasters and the online banking, payments and cryptocurrency industries.
The company’s software is installed on over 400 million devices worldwide and analyses over three billion transactions a year.
The Louisiana licence follows on from GeoComply’s New Jersey approval, which subsequently saw the company launch with Amelco and PlayUp within the state.
In addition to the provision of age and identity verification gained through the igaming solution, GeoComply will also be providing Amelco with geolocation compliance for the PlayUp online sports betting platform.