BET Entertainment Technologies, a licensed online gambling company based in Portugal, has selected Accuity to boost its KYC (Know Your Customer) and AML (anti money laundering) compliance controls to help it meet new regulation imposed on the Portuguese gambling industry by the local regulator, the SRIJ (Serviços de Regulação e Inspeção de Jogos). BET Entertainment Technologies worked with its partner SSP, a Portuguese company specializing in AML and fraud detection, to select and implement the Accuity solution from the Fircosoft portfolio.
The Fircosoft solution is pre-packaged and pre-configured to screen BET Entertainment Technologies’ customers against sanctions and PEP lists to ensure BET is protected against regulatory and reputational risks. The solution allows BET Entertainment Technologies to cover the due diligence lifecycle - from real-time checks during the on-boarding process, to batch-screening of existing customers - to ensure BET knows whether its counterparties are implicated in fraud or money laundering activities.
Franck Lanher, EMEA sales director at Accuity, said: “I am very happy to welcome BET Entertainment Technologies as Accuity’s first customer in this sector in Portugal. Our Fircosoft technology is well known to the banking community and working with BET Entertainment Technologies is a clear demonstration that we can meet the compliance challenges of organisations in other sectors too. This new agreement is the result of our successful partnership with SSP in Portugal. SSP have been reselling, implementing and supporting the Accuity portfolio of Fircosoft solutions since 2004 and have developed strong expertise in managing local compliance topics.”
Gabino Oliveira, CEO of BET Entertainment Technologies said: “We needed to find a reliable solution to help us meet the SRIJ requirements and the Accuity solution matched our needs. It has been deployed very quickly and the solution is easy to use while preventing us from doing business with risky financial counterparties. We rely on Accuity to provide us with the certainly and assurance we need to do business and protect our reputation.”
Accuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today t...View article
Air cargo carrier signs multi-year deal with Accuity to optimise its sanctions compliance and export control programs. Emirates SkyCargo, the freight ...View article
Accuity survey reveals firms that embrace better risk management practices are protecting their reputation and increasing competitive advantage •...View article