Many businesses are unaware of the importance of age verification and what it holds for a business.
The UK’s gambling commission reformed the identity verification and KYC regulations for businesses to add age verification requirements.
The new regulations require online businesses and gambling websites to verify the identity of all their clients including their to ensure that they are not onboarding minors and exposing them to unsuitable content.
The latest trends show strict changes in age verification.
The-powered solution is trained on various types of ID documents and is able to capture any fake, stolen or altered ID document.
The regulations in many countries including the UK and the USA have made age verification compulsory for some businesses and non-compliance results in huge penalties including the permanent closure of the business.