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GEOCOMPLY IN ONLINE GAMBLING DEAL WITH SECURE TRADING
03rd May, 2013 at 13:04:14
Geolocation and payment processing meet to support Nevada online gambling
Geolocation services provider GeoComply, and payment processing outfit SecureTrading Inc. have joined together to support online gaming in Nevada.
SecureTrading Inc. achieved Nevada licensing status as a service provider last month. It is partnering with a number of companies to integrate technology to its specialist payment platform, ultimately providing a single interface for maintaining regulatory compliance and consumer protection alongside payment processing.
Ted Friedman, COO of SecureTrading Inc. said, "Although the US represents the world's largest potential internet gambling market, compliance with both State and Federal law means that only the most stringent geolocation capabilities will be acceptable.
We're working with a number of strategic partners to ensure that online gaming in Nevada is supported by the most sophisticated technology available, enhancing the player boarding experience while meeting regulatory requirements.
"By integrating GeoComply's suite of products directly into our payment engine we are able to give our clients the confidence of knowing that the sovereignty of State and Tribal borders is being upheld."
Anna Sainsbury, CEO of GeoComply said, "SecureTrading Inc.'s strong background and proven track record in the processing of payments in the regulated internet gambling space has made them a great client to work with."
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