KYC and the Verification process: What an Online Casino Needs to Know About You

Tessa van der Steen, Money Laundering Reporting Officer at L&L Europe Ltd. joins to explain the KYC and verification process and how it is an obligatory part of life for online casino players, as well as the customer details that are required before an account is fully functional.

This involves a look to the future with how technology is being utilized. For convenience, the timestamps below will take you to key parts of the podcast:

(2:44) What does KYC mean for a casino player?
(5:42) Reasons for requesting extra documentation, like proof of funds or wealth.
(10:49) What would happen if a player failed on the KYC checks?
(16:24) AI, facial recognition and biometrics: the future of KYC procedures.