How to run an effective age verification/age check program to ensure compliance and avoid penalties Children are our most precious assets. They are, after all, the future. Some will seek out content and products prohibited to minors, such as gambling, adult entertainment or purchase of spirits and alcohol. Of course, for brick and mortar establishments,

As commerce and payments shifts towards mobile and online, there is a method of fraud that is gaining popularity among cybercriminals: transaction laundering. This form of money laundering made headlines in May 2015 when a former professional basketball player was arrested for running a massive online fraud scheme using credit cards belonging to people across

FinCEN has many important responsibilities but one of its more interesting assignments is oversight of anti-money laundering compliance by casinos (and card clubs). Casinos are under increasing scrutiny these days for lax AML compliance. In March 2015, FinCEN imposed a $10 million penalty on Trump Taj Mahal in Atlantic City, New Jersey, for violations of

Trulioo is excited to announce that we have been selected to present at FinovateSpring 2015 on May 12-13th in San Jose! FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in California’s third-largest city, this event offers an insight-packed glimpse into the future of

Online gambling is a contentious and hotly debated issue in North America, especially when compared with Europe, where it is more generally widely accepted and permitted, with only a few notable exceptions, such as the Netherlands and Norway. Because online gambling legislation and regulation is typically left to the state and provincial governments in the

Online gambling is gambling over the internet. Functional gambling software appeared in the ‘90s, followed soon after by online casinos and poker rooms, and online gambling exploded during the last half of the 1990s. Governments then started passing legislation to prohibit or regulate online gambling. The United States passed the Internet Gambling Prohibition Act in

Online Gambling Rules Need Uniformity

Wednesday, 03 September 2014

The U.S. Internet Gambling market has learned from the experience of other industries that being both proactive and cooperative in regulating their industry is the fastest way to move forward. Leading regulators and industry participants agreed at the July 2014 Global iGaming Summit and Expo in San Francisco that the market is off to a

The Gaming industry has more challenges than most related to compliance and consumer protection. First, like most business that move large amounts of money, they must comply with Anti-money laundering regulations and protect their business against fraud. Second, they must put barriers in place to ensure that only people of legal gambling age use the

New Gambling Regulations in Spain

Tuesday, 29 July 2014

Spanish gaming and lottery operators are facing extensive procedural changes based on new anti-money laundering (AML) regulations. The new regulations were passed in May in the Royal Decree 304/2014, and they clarify specific aspects of Spain’s current AML and terrorism financing law, called Law 10/2010. Spain passed Law 10/2010 on April 28th, 2010 in order

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