Dashboard Ninja
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Product
Our Odoo specialists have developed Dashboard Ninja, a smart application for creating amazing reports and dashboards. We have integrated Dashboard Ninja with AI to simplify dashboard creations and reduce manual effort.
USPs of API
Bank-grade security
Decreased risk and processing time
High precision and accuracy
Benefits
Easy to Use
Wavenet’s Gaming Customer Verification is optimized for the best user experience. It is effortless and straightforward.
Stops Fraudsters
With exceptional precision, it will detect fraudsters who try to forge identities with fake videos, photos, etc., and prevents identity theft.
Real-time Verification
The data is processed and verified within seconds, saving time and effort.
Reliable Verification
Our fool-proof Our fool-proof AI and no-code rule engine evaluates and verifies the customer’s credibility.
Key Differentiating Factors
Wavenet’s AI-based online identity verification solution suite makes KYC verification in Gaming easy while enhancing the user experience and mitigating fraud with the help of:
- Face-Match: Detect fraudsters who try to use fake credentials that do not match their real identity.
- AML Check: Provide detailed due diligence algorithmically in real-time. Instant bank account and UPI verification.
- Video KYC: End-to-end video, channel & communication encryption for secure onboarding.
- OCR for Businesses: Extract relevant data from OVDs and other documents of an individual for further verification.
FAQs
How is Wavenet helping gaming companies?
The gaming industry has high hurdles to clear — such as
costly and complex regulatory requirements and delivering
a bespoke user experience that differentiates your brand
and delivers on AML requirements. Signzy makes things as
quick, simple, and user-friendly as possible while meeting
necessary regulations with its Gaming Customer
Verification API
What are the new guidelines for Gaming industry?
As per the MEITY draft rules to amend the Information
Technology (Intermediary Guidelines and Digital Media
Ethics Code) Rules, 2021
- Gaming companies need to identify the user and verify his/her identity based on RBI-mandated procedures (Part II (4A)(b)(iii))
- Take active measures to prevent money laundering by its users (Part II (3)(1)(b)(ii))
What are the implication of new guidelines?
- Under the guidelines, gaming companies must perform KYC checks on every user.
- These checks must be done for both existing and new customers on an ongoing basis.
-
Gaming companies are required to follow RBI
guidelines:
- Officially Valid Documents (In guidelines main focus is on Aadhaar-based mechanisms- offline/ online verifications)
- Watchlist- UN, FATF, and others, Adverse Media, and Political Exposure Screenings
- Video-Based Customer Identification Process (VCIP)
- Central KYC Registry (CKYCR) checks where applicable
- Any other reliable medium – simplified measures like electricity bill, telephone bill, etc.
Do the regulations apply to all gaming companines/apps?
The regulations are for gaming apps that ask users to
deposit the expectation of winning. This could be
interpreted as Real Money Games or those asking users to
buy tokens.
Is VCIP mandatory?
The rules aren’t clear yet – the current draft rules allow
digital verification via an active Indian mobile number.
However, RBI guidelines mandate an In-Person Verification
(IPV) or VCIP.
Is AML check required?
RBI has been cracking down on various forms of money
laundering, and AML checks not only to prevent sanctioned
individuals from participating but also those on various
defaulter lists. It is mandated as per PMLA guidelines.
