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Proxyrack automates its KYC compliance by integrating iDenfy’s software

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iDenfy, a Lithuanian-based RegTech and identity verification company, announced a new partnership with Proxyrack, a leading provider of proxy solutions based in Hong Kong designed to enhance online proxy data-collection capabilities. Through this collaboration, both businesses will improve Know Your Customer (KYC) processes, ensuring more accurate and efficient user registration and higher approval rates for Proxyrack’s network.

Proxyrack operates in the tech industry, providing a vast network of residential and data center proxies to businesses and individuals. These services are essential for web scraping, market research, ad verification, and bypassing geo-restrictions. What sets Proxyrack apart is its commitment to fostering innovation and creativity, as well as striving for accuracy by providing diverse IP addresses and scalable performance to meet diverse user needs as the company’s values align with the clients’ requirements and eagerness to bring any ideas to life.

Proxyrack’s internal research showed that hiring an in-house Know Your Customer (KYC) specialist team would require more financial resources and highly skilled compliance professionals. For this reason, the proxy service provider decided to partner with a highly efficient and established third-party KYC vendor. After a thorough evaluation of several identity verification providers, Proxyrack selected iDenfy for its exceptional flexibility and competitive pricing.

According to the Proxyrack team, iDenfy’s solution stood out as it offered customizable screening options that ensured users were not miscategorized, which was the main issue that Proxyrack encountered while working with the previous KYC providers. Currently, Proxyrack uses iDenfy’s biometric identity verification solution which according to the company has resolved significant issues and increased work efficiency. As the main thing of users’ miscategorization iDenfy’s solution worked seamlessly from the start, providing peace of mind that user data is secure and verifications are highly accurate.

According to Proxyrack, iDenfy was chosen because of the flexibility the system offers, which their previous providers could not offer. iDenfy’s options for screening candidates and ensuring accurate user categorization were exactly what they needed. Additionally, the competitive pricing was a pleasant surprise, and it ended up being more cost-effective than expected.

Another standout feature of iDenfy is their pricing model, which charges only for successful verifications, unlike other competitors that charge for all attempts. This approach significantly reduces costs and ensures that clients only pay for results. iDenfy’s competitive pricing policy makes their services more cost-effective without sacrificing users’ reliability or other compliance check benefits compared to other providers in the industry.

In addition, iDenfy’s identity verification solution is able to automatically recognize, verify and extract information from 3000+ identity documents across 200 countries and territories including various passports, ID cards, licenses and permits to accurately identify documents on a global scale and to check the authenticity of users.

As for future plans, Proxyrack’s top priority as a company is to ensure that their customers are of the highest caliber, providing data-collecting solutions at scale for users who trust them with their public web scraping needs. The partnership with iDenfy aligns perfectly with this goal, enhancing Proxyrack’s ability to deliver secure and reliable services.  In the future, based on the positive experience, Proxyrack is also thinking of expanding and using additional iDenfy’s fraud prevention solutions.

“A growing proxy user network means that a fully automated approach to KYC compliance is required. We’re glad to be able to help Proxyrack with their goal to scale faster and onboard more new users in less time, which is a vital factor in today’s highly competitive market,” commented Domantas Ciulde, the CEO of iDenfy.

The post Proxyrack automates its KYC compliance by integrating iDenfy’s software appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Invitation to Kambi’s third quarter 2025 result presentation

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Kambi Group plc’s result for the third quarter 2025 will be announced on Wednesday 5 November at 7.45 CEST. Kambi invites analysts, investors, and media to a presentation of the report at 10.00 CEST.

The presentation will be held in English by Kambi’s CEO Werner Becher and CFO David Kenyon and can be accessed using the links below. After the presentation there will be the opportunity to ask questions.

Webcast: If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. :edge.media-server.com/mmc/p/qrrugvox

Teleconference: If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.: register-conf.media-server.com/register/BI543b2e9c60b54630b42e7bd0c0751f6e

 

The post Invitation to Kambi’s third quarter 2025 result presentation appeared first on European Gaming Industry News.

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National Platform Expands Its International Network of Partners: Memorandum Signed with IBIA

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The National Platform of Sports Integrity of Ukraine and the International Betting Integrity Association (IBIA) have signed a memorandum of understanding.

IBIA is the is the leading global voice on integrity for the regulated betting industry. It brings together more than 90 sports betting operators and over 200 brands across six continents. IBIA’s global monitoring network tracks over USD 300 billion in betting activity annually, detecting suspicious patterns in real time.

The organisation works closely with major international sports institutions such as FIFA, UEFA and the IOC, as well as with national gambling regulators worldwide.

The signing of the Memorandum opens new opportunities for the National Platform in identifying and countering sports competition manipulation, in particular:

  • access to IBIA’s Monitoring and Alert Platform;
  • the ability to receive alerts on suspicious betting patterns related to matches involving Ukrainian teams or athletes; and
  • strengthened international cooperation on sports integrity.

The National Platform stated: “Cooperation with IBIA allows us to integrate into the global system for safeguarding sports integrity. For Ukraine, this represents a qualitatively new level of detection and prevention of competition manipulation. We gain access to advanced international response mechanisms and become part of the worldwide network fighting corruption in sport.

Khalid Ali, CEO of IBIA stated: “IBIA is delighted to be able to reach this important agreement with the Ukraine National Platform for combating competition manipulation. The move maintains our approach of widening our global integrity collaborations and partnerships and aligns with our Mission 2030 strategic objectives.

The post National Platform Expands Its International Network of Partners: Memorandum Signed with IBIA appeared first on European Gaming Industry News.

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Ygam achieve milestone of reaching 5 million young people

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Ygam has now surpassed the milestone of reaching an estimated five million children and young people across the UK through its portfolio of prevention programmes.

Founded in 2014, Ygam has now delivered its award-winning training and resources on gaming and gambling harms to over 32,000 delegates.

Ygam’s reach extends beyond the education sector, with training delivered to more than 5,500 professionals working across health and social care — including hospitals, health boards, GP surgeries, and community nursing settings. This work, aligned with a public health approach to preventing gambling harms, has directly contributed to the digital safeguarding of nearly half a million children and young people accessing health services.

With growing concerns from parents and carers about the role of gaming and gambling in the wider online safety conversation, Ygam has become a trusted and respected source of advice and guidance for families. The charity has delivered workshops to more than 4,500 parents and carers. 

Ygam is a national charity with a footprint across every region of England, Wales, Scotland, and Northern Ireland, and a presence in 64 of the UK’s 76 cities. 

Ygam’s work has also seen a significant increase in the longevity of its reach, with nearly 100,000 resource downloads of its award-winning resources, and at least 50% of educators implementing these materials into their lessons. 

Helen Martin, Interim CEO of Ygam, said: “This milestone is more than just a number – it’s a reflection of the positive impact we’re making in every corner of the UK. We’re incredibly proud of the growing community that shares our passion for safeguarding children’s wellbeing in an increasingly complex digital world, where gaming and gambling are more accessible than ever. From schools to sports clubs, parents to practitioners, and colleges to community centres, we’re raising awareness through the powerful tool of education. As we mark this extraordinary achievement, the demand for our resources has never been greater. We remain committed to expanding our reach and deepening our impact, ensuring that every child has the knowledge and confidence to navigate the risks of gaming and gambling harms.”

But there’s so much more to do – help us reach the next 5 million…

The post Ygam achieve milestone of reaching 5 million young people appeared first on European Gaming Industry News.

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