Labour u-turn on IDs could ease digital KYC demands

In spite of previously stating it wasn’t on their agenda, Labour’s U-turn on digital ID could pave the way for a new era of onboarding and KYC in the UK.

During the King’s Speech on Wednesday, to the surprise of many it was revealed that the government was planning to introduce the Digital Information and Smart Data Bill, focusing on legislation for digital identification.

Roger Redfearn-Tyrzyk: IDNow
Roger Redfearn-Tyrzyk, Vice President Global Gaming at IDnow told PaymentExpert that their introduction could “change the way users onboard to gambling operators in the UK”.

He continued: “In general, prospective players can be verified with the help of database checks (i.e. credit reference agency data), document checks and/or biometric checks to safeguard players and operators against suspicious or fraudulent activity. IDnow offers all these methods within its portfolio.

“In the UK gambling sector, player onboarding via database checks is still the most common verification method to..

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