German data checks, ID document validation, video verification, watchlists & payment card checks in one solution
London 15 July 2021 – Leading KYC provider, HooYu, has released a complete KYC solution for the gambling market in Germany. Earlier this year, HooYu achieved approval by the German age-verification regulator, KJM, and has now added several new services to help gambling firms to comply with AML regulations.
The single solution orchestrates Schufa identity data checks, KJM-approved facial biometrics and ID document validation, video verification with a live human agent, PEPs and Sanctions watchlist screening and payment card checks.
This range of services can be orchestrated via HooYu to make gaming operators fully compliant with age verification and KYC requirements in the German market. The five services can be orchestrated to deliver different journeys for different customer lifecycle stages such as sign-up, high-value deposit, fraud risk and pay-out.
The Schufa database check enables gambling operators to confirm customer name, address, and date of birth, check for fraudsters using the identity of deceased people and uncover linked addresses.
The Schufa data check can be used as an integrated precursor to the HooYu liveness detection, facial biometric and ID document validation journey that is a KJM-approved age identification system.
HooYu Video-ID is a new service that complies with requirements from BaFin, the German anti money laundering authority. Video-ID is a live agent video interview process and is engineered for web browser or native app journeys, meaning that users aren’t forced to download an app purely for video verification.
HooYu Card Check adds security to pay-out stage by prompting customers to provide a photo of their payment card at pay-out. Using computer vision technology, HooYu checks the card number and cardholder name against the card that was originally used to deposit, without retaining sensitive card data.
HooYu also offers PEPs and Sanctions data checks at any point in the customer lifecycle.
“The HooYu suite of services truly supports German gaming operators to meet age verification and AML compliance requirements” commented Jochen Biewer, German gambling licensing expert and Managing Director of Chevron Consultants GmBH.
“HooYu is a KYC orchestration and customer onboarding platform that not only helps operators to build KYC processes, but to maximise customer onboarding success rates. German operators can now use one HooYu API to call on any or all of these services as part of their age verification, fraud or anti-money laundering controls”, said David Pope, Marketing Director at HooYu.
You might also be interested in
How HooYu enhances the customer onboarding journey with video ID
