VIE 20 DE DICIEMBRE DE 2024 - 16:53hs.
Attentive to the regulated market

How Legitimuz ensures compliance for its partners by applying anticipatory strategies

Legitimuz, a company with the highest conversion rate in the online gaming and betting market focused on KYC and compliance, highlights the importance of anticipatory strategies to prepare operators in Brazil for January 1st, when the new regulations come into effect. At this moment, the scenario is challenging, but with the right solutions, Legitimuz sees a sector full of opportunities and shares its assessment in this article for GMB.

How to transform regulation into a strategic opportunity with Legitimuz

The regulation of the sports betting market in Brazil is about to transform the way iGaming operators conduct their operations. This new scenario not only requires legal adjustments, but also challenges companies to rethink their risk management, security and user experience strategies. In this context, anticipating regulatory changes is a fundamental step to ensure sustainability and growth.

Legitimuz, recognized for its expertise in identity verification and compliance, understands that preparation is not just an urgent preventive measure, but a strategic opportunity. Operators that invest in early compliance gain a significant competitive advantage, minimize disruptions and ensure a smoother transition to the new regulatory environment.

In addition, adopting anticipatory strategies makes it possible to build a solid foundation of trust between operators and users. Companies that prioritize security, transparency and compliance create a competitive edge, positioning themselves as leaders in an increasingly demanding and dynamic market.

What are the pillars of regulatory preparation?

Anticipating regulations is more than an operational necessity: it is a strategic approach to maintaining competitiveness and protecting operations. Prepared companies can mitigate risks, reduce compliance costs and consolidate their position in the market.

Among the main actions that operators need to implement, the following stand out:

- Identity Verification (KYC)

User authentication is essential to ensure security and comply with legal requirements. A robust KYC system must be:

* Fast and intuitive;

* Highly secure;

* Aligned with legal requirements.

Legitimuz provides advanced KYC Onboarding solutions that integrate biometric recognition, document validation and fraud detection, all in compliance with international standards.

- Fraud prevention

Fraud in iGaming is one of the biggest threats to the integrity of platforms. To combat it, it is essential to have:

* FaceMatch for biometric verification;

* Automated document analysis;

* Constant monitoring of accesses and transactions.

Why is it essential to be proactive?

Companies that implement compliance strategies now can:

* Reduce costs and compliance time during the regulatory transition;

* Build trust among users;

* Minimize operational risks;

* Gain a competitive advantage in an increasingly regulated market.

Legitimuz: your partner in compliance and conversion

Legitimuz
has the highest conversion rate on the market and offers expertise in KYC for iGaming, with complete and specialized solutions to meet the needs and peculiarities of Brazilian operators and players in all stages of the verification and compliance process. Its technologies include:

* Continuous monitoring of access (login, registration, withdrawal and deposit);

* Constant updates to meet new legal requirements;

* Advanced image optimization technology for documents in poor condition or low-quality photos;

* Specialized humanized technical support; and much more!

What to do immediately?

To be prepared, your platform must:

1 - Evaluate current identity verification systems;

2 - Identify vulnerabilities and opportunities for improvement;

3 - Implement effective KYC and fraud prevention solutions;

4 - Keep your team updated on changes in the regulatory landscape.

The regulation of iGaming in Brazil represents both challenges and opportunities. Together with partners like Legitimuz, operators can ensure that their operations are aligned with the new requirements, protecting their business and users, in addition to positioning themselves as leaders in a competitive market.

- See how an effective KYC process impacts your conversion: Read more here

- Understand how a failed KYC can generate major losses: Learn more here

Source: Legitimuz