WASHINGTON, D.C. - Aristotle Integrity, the KYC and identity division of Aristotle, has formed a partnership with the Department of Trust, aiming to enhance compliance with upcoming UK gambling regulations. The collaboration introduces Integrity FinAfford, a tool designed to assist UK online gambling operators in meeting the new UK Gambling Commission (UKGC) requirements that come into effect on February 28, 2025.
These regulations mandate that operators conduct financial risk checks for players whose net deposits exceed £150 over a 30-day period. The partnership leverages the Department of Trust's expertise in financial risk and vulnerability checks to provide a seamless solution for operators facing the approaching deadline.
John Aristotle Phillips, CEO of Aristotle, emphasized the integration of the Department of Trust's technology with Aristotle's Integrity FinAfford product as a significant advancement for their KYC offerings in the iGaming sector. The combined service is expected to simplify the onboarding process for operators and facilitate the setting of initial deposit limits, adapting to increased player activity.
DoTrust CEO Charles Cohen expressed excitement about the partnership, highlighting Aristotle's global standing in the iGaming market and the opportunity to deliver their risk assessments to a broader audience.
In addition to addressing UK compliance, Aristotle plans to expand the reach of Integrity FinAfford to Brazil, anticipating the implementation of similar regulations in the newly regulated market. Phillips noted the potential for responsible gaming provisions to become a standard part of iGaming regulations globally.
Aristotle Integrity is recognized for providing identity and KYC solutions in regulated markets, while the Department of Trust is known for its award-winning financial risk assessment services. The partnership is based on a press release statement and aims to offer advanced tools for compliance and responsible gaming.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.