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“Every state we work in, every country we work in, each has different rule requirements.” But new regulations aren’t the only hurdle that online gaming providers like 888.com must clear. These companies must also find a way to quickly authenticate new customers as they register for an account, deposit funds, place wagers and, hopefully, withdraw their winnings. When most new online gaming participants register with an online gaming platform, they expect to be able to play games and place wagers right away. Many prospective players, Medley said, decide to place their bets while looking for some entertainment on an otherwise boring night at home. If 888.com cannot authenticate or verify the new account and enable a new user to make a deposit quickly, that user will likely abandon the account creation process, never to return. “The main challenge, I think, is that online gaming is very immediate,” he said. “People want to be able to register their account and get on the site straight away and start playing with funds. It’s a very immediate channel.” According to Medley, online gamblers — even experienced ones — expect to pay for a wager as quickly and simply as they’d pay for a purchase on Amazon or on any other eCommerce site. Simply put, consumers expect to be able to complete online transactions instantly, whether they’re managing their bank accounts or placing a bet. This need for speed, Medley explained, means online gaming platforms can’t afford to depend on manual security checks or other slow, legacy authentication processes. Instead, 888.com and http://pokeronlinenbr.cdw-online.com companies like it must rely on automated tools to verify identity documents and perform know your customer (KYC) and anti-money laundering (AML) checks.
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