Playtech Casinos Expands Fraud Prevention With a Strategic Partnership

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There are any number of online gaming companies in business today. However, the one common trait that separates the best companies from the rest of the pack is innovation. All the top players love to push the limit while continually raising the bar in one of the fastest growing industries in the world.

First of all, Playtech is a perfect example. Furthermore, they have a commitment to keep pushing the envelope in the online gaming industry. Moreover, Omni-Channel gaming company is pushing the envelope too. Also, this piece details the recent partnership between Playtech and iovation.

What Is The Future Of Playtech Casinos And iovation?

The main thrust of this agreement is the expansion of the Playtech Open Platform (POP). More specifically, it is in the realm of fraud prevention. Moreover, this is true for its operators all around the globe. Having said that, the role iovation plays in this partnership.

Most importantly, both companies use FraudForce technology. This is part of Playtech’s policy to expand its highly sophisticated toolset. Moreover, they are doing this through the practice of initiating strategic partnerships. Also, it is also part of the company’s desire to enhance the internal research and development. As a result, they want to continue expanding an ever-growing portfolio of operational tools.

Playtech COO Shimon Akad was quoted as saying, “We are passionate about equipping our operators with world-class fraud prevention tools, and our partnership with iovation is a key part of our strategy to deliver this. FraudForce is a powerful weapon in the war on cybercrime in online gambling, with its integration into IMS providing a seamless boost to the arsenal of our licenses.”

Everyone at Playtech is delighted to be working with iovation to bring FraudForce to our licenses

He starts this dialog by making a statement. “Everyone at Playtech is delighted to be working with iovation to bring FraudForce to our licenses. IMS is already the most comprehensive player management platform in the industry, but with the Playtech Open Platform, we can enhance its capabilities even further.”

General Data Protection Regulation (GDPR) And All Global Privacy Laws

Akad closed his prepared statement by adding, “Our FraudForce solution provides unique device recognition technology allowing Playtech to leverage our ‘Privacy by Design’ methodology to ensure ongoing compliance with global privacy laws, including the EU’s new General Data Protection Regulation (GDPR).”

As detailed on Wikipedia, “The General Data Protection Regulation (EU) 2016/679 (“GGDPR”) is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas.

Further details on this regulation found on the official EU GDPR website www.eugdpr.org, state that this piece of legislation has been described as the ‘most important change in data privacy regulation in 20 years.’ According to EU GDPR, “The regulation will fundamentally reshape the way in which data is handled across every sector, from healthcare to banking and beyond.”

Furthermore, Playtech and other companies take cybercrime seriously. However, many other software providers don’t. Having said that, Playtech has a goal to protect their users using this current strategic partnership with iovation. However, if other operators want to follow suit, this is a perfect example. Also, gaming operators have to stay in compliance with GDPR. As a result, everybody should be much safer. Also, it should be an enjoyable experience for online gamers.

Jack Gold

Jack Gold

Jack Goldstone grew up in Poland in a very small and Suburban town until he was 7 years old when his family migrated to San Francisco, California where his grandparents lived.  He spent a lot of time with his grandfather, who taught him how to play poker when he was very young.  Having a fascination with video games and their graphics, he enjoyed poker and always thought on how he could use his skills for video games. In high school, Jack and his friends would spend hours playing Nintendo and Sega Genesis. He began to ask his friends if they would like to place a wager on the outcome of the game (and this was way before esports betting). He felt it made the games even more exciting and eventually taught his friends how to play poker. Jack put his himself through San Francisco State University by playing in poker tournaments in the San Fransisco area. While he was a junior in 2015, he joined PlaySlots4RealMoney.com to cover poker news and eventually started to cover the entire igaming industry. Since then, Jack has graduated from San Francisco State University with a degree in finance and began to start his career trading stocks and continuing to work at PlaySlots4RealMoney.com. In Jack's free time, he likes to cook (specifically grill), play paintball, and wine tasting.

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