In an effort to transform the US gambling license application process, Trustly, a significant participant in Open Banking Payments, has partnered with OneComply, a GeoComply company.
The Partnership’s Goal of Streamlining the Licensing Process The cutting-edge technology from OneComply provides centralized compliance management tools and automated multi-jurisdictional licensing applications, with a focus on the gambling sector. By working together, we want to expedite Trustly’s license procedure and guarantee both effectiveness and adherence to US gaming laws.
Simplifying Regulatory Compliance for Gaming Operators
Halli Calabrese, Trustly’s head of enterprise risk and compliance, emphasized the significance of this partnership in simplifying the complex licensing landscape. The automated solution provided by OneComply facilitates license applications and renewals, empowering Trustly to manage its licensing process seamlessly.
Operating in the US gaming market necessitates obtaining separate licenses across multiple states, presenting a formidable challenge for companies. Failure to comply with regulations may result in severe penalties, highlighting the importance of efficient licensing procedures.
The partnership’s dedication to improving compliance solutions for gaming operators was emphasized by Aaron Gould, vice president of identification at GeoComply and co-founder of OneComply. With their extensive knowledge of the gaming sector, OneComply hopes to help up-and-coming companies like Trustly.
GeoComply is now better positioned to offer compliance solutions to the gaming industry thanks to its purchase of OneComply. This partnership not only improves Trustly’s licensing processes but also marks a big step forward for innovation and compliance in the gaming sector.
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