Leading betting operator, Pinnacle has entered into an agreement with Sumsub, an identity and compliance verification platform. From now on, Sumsub will ensure a simpler and faster integration flow for users of the new partner.
In addition, the company will help protect bettors from unnecessary gambling-related dangers in order to make Pinnacle even more socially responsible. The betting platform will also get the right tools for preventing payment fraud and smarter risk management.
Based in Curaçao, Pinnacle still offers online casino services and has been on the market for over 20 years. It is considered one of the most trusted betting platforms in the industry, due to its high security standards, similar to those of the main financial institutions.
With agreement, Pinnacle strengthens compliance processes
With the commercial success, Sumsub made available to Pinnacle robust verification tools and legitimate mechanisms for protection against chargebacks.
The ID provider has also ensured that the source of funds is verified so that Pinnacle customers do not spend more than they can afford. This will help the betting platform to meet responsible gaming requirements.
“The integrity and efficiency of our platform is part of our success. Therefore, to keep our operating levels high, we needed a solution that could speed up compliance processes and increase the level of security, ”said Veronique dos Reis, Manager of Legal, Compliance and Regulatory Affairs at Pinnacle.
He added: “With Sumsub, we accelerate the verification of customers and allow the detection of false chargebacks. It was a huge leap in terms of the internal organization of our compliance processes. Overall, we are offering a better integration experience for members of our betting community ”.
Jacob Sever, co-founder of Sumsub, also spoke about the partnership. “Betting companies must comply with safety and responsible gambling requirements, which is not an easy task. We are happy to use our experience to help Pinnacle become more socially responsible and protect its customers from any possible problems related to games. ”
