MAR 19 DE NOVIEMBRE DE 2024 - 12:37hs.
Regulatory-aware

Legitimuz unifies security and convenience in KYC for Brazilian iGaming

Legitimuz redefines identity verification in Brazilian iGaming, combining rigorous security and fast processes to improve both regulatory compliance and user experience. With technology that completes the onboarding process in less than 30 seconds and a 97% approval rate, the company sets a new standard for efficiency and security in the market. In this article for GMB, they describe the reasons for their success.

Introduction

In iGaming, both operators and bettors face a common dilemma: how to ensure stringent security without compromising the user experience? Security, essential for fraud protection and regulatory compliance, often conflicts with players’ demands for fast and seamless processes.

Legitimuz, exclusively focused on iGaming, is transforming identity verification in Brazil by delivering efficiency without sacrificing security. With solutions that balance protection and convenience, the company meets industry requirements and user expectations.

Legitimuz and the response to iGaming challenges

The iGaming sector faces critical challenges, such as the need for effective identity verification, fraud prevention, and adherence to increasingly strict regulations. Additionally, bettors’ expectations for swift and error-free checks put pressure on operators, as any delay or failure can lead to customer loss and lower conversion rates.

In this context, Legitimuz offers a solution that enhances identity verification and fraud protection without compromising the user experience. With a system that completes the process in under 30 seconds, Legitimuz achieves a 97% approval rate, making user onboarding seamless and hassle-free.

Discover Legitimuz’s advanced solutions for iGaming

* KYC onboarding (identity verification): Covers the entire identity verification process, including checking registration data, restricted lists screening, document OCR for automatic data extraction, real-time liveness detection, and direct facial comparison between the user’s selfie and their document photo.

* Image enhancement: Improves low-quality images, crucial for older devices, ensuring better data readability and higher conversion rates.

* Automated retry flow: Instantly corrects errors and requests new document submissions, minimizing user frustration.

* Real-Time human assistance: Provides immediate expert support for users facing verification difficulties.

* Incomplete verification recovery: Sends reminders via SMS, email, and WhatsApp to encourage users to complete their verification.

* Digital document acceptance: Facilitates verification using digital documents available on the user’s device, like the Digital Driver’s License (CNH Digital).

* Reuse of previous documents: Allows already verified users to expedite re-verification through facial recognition.

What sets Legitimuz apart in iGaming?

* Speed: Complete identity verification in less than 30 seconds, with high approval rates.

* High conversion: Increases conversion rates by 30% compared to competitors, even on low-quality devices.

* Smart automation: Automatically detects document types and performs instant retries to reduce errors and friction.

* Real-time assistance: Quickly resolves any verification issues, enhancing user satisfaction.

* Data reuse: Significantly reduces the verification process for returning customers, boosting efficiency.

* Guaranteed compliance: Ensures full adherence to Brazilian regulations, especially in anti-money laundering and fraud prevention.

Learn more about Legitimuz’s work in iGaming

Source: Legitimuz