Regtech Sumsub has announced a partnership with Funtico, a Web 3.0 gaming platform.
This collaboration aims to enhance compliance and security in the iGaming sector, ensuring that Funtico remains “fully compliant with evolving regulations.”
Funtico provides an incentive-driven gaming platform “for players for partner gaming studios and Funtico’ in-house developed skill based games.”
Committed to fostering a secure and sustainable Web 3.0 ecosystem, Funtico ensures “a seamless experience for players, developers, and partners.”
Through this alliance, Sumsub will support Funtico with verification solutions, including “Know Your Customer (KYC), Anti-Money Laundering (AML), and Fraud Prevention tools tailored for the iGaming industry.”
As the Web 3.0 landscape evolves, ensuring “full-cycle verification is paramount.”
Sumsub’s expertise in digital verification and complex legislative requirements will “enable them to offer a seamless experience to players while safeguarding our ecosystem.”
Sumsub’s verification solutions will assist Funtico in “onboarding users efficiently while mitigating security risks associated with fraudulent activities.”
By integrating AI-driven innovative technologies, Sumsub ensures “that Funtico can meet regulatory standards with confidence.”
Kris Galloway, Head of iGaming Product at Sumsub said:
“Funtico is at the forefront of Web 3.0 gaming innovation, and we are proud to support their security efforts. Our full-cycle verification platform is customized to help gaming providers navigate complex regulatory requirements while enhancing user trust and security.”
This partnership underscores the commitment of the companies to advancing compliance in the iGaming industry, while “paving the way for a safer and more transparent Web 3.0 ecosystem.”
Funtico is a gaming platform that provides fun fueled by rewards.
Built for gamers with competitions and reward systems, Funtico features a wide array of indie to AAA games, and “unlocks player incentives for all gamers across many platforms.”
Funtico reportedly has global reach and a team of “more than 100 veteran developers— all dedicated to bringing what’s great about web3 gaming to ALL gamers.”
