February 1, 2023 (Vancouver, Canada):
The World Lottery Association (WLA) has announced geolocation and fraud prevention company GeoComply as an associate member.
WLA Executive Director, Luca Esposito, said: “As online gaming continues to grow, services provided by GeoComply help our industry to protect consumers against identity theft, support lotteries to prevent fraud, while promoting a responsible industry. We are delighted to welcome GeoComply to the WLA family.”
GeoComply provides diverse markets with geolocation for anti-fraud solutions in numerous industries, including financial services and cryptocurrency, media and entertainment, and the gaming industry. Several WLA Member lotteries are among its customers.
GeoComply Co-Founder and CEO, Anna Sainsbury, commented: “Our mission is to make the internet a safer place for everyone, and we are thrilled to support the lottery sector, which shares our values and a commitment to responsible gambling and good causes.”
GeoComply’s fraud prevention tools exploit the power of the device-level data gained from its market-leading geolocation technology to provide a 360-degree picture that protects against fake account creations, promotions or bonus abuse, account takeovers, stolen identities, money laundering, and more.
The WLA is a member-based organization in over 80 countries, which advances the interests of state-authorized lotteries. Committed to the highest standards of corporate responsibility, including the WLA Responsible Gaming Principles and Framework, it respects authorized legal systems which determine where, and in what form, gaming products can be provided to the citizens of a particular geographical or national territory. The WLA shares knowledge and experience to assist its members around the world, in achieving their goals of raising funds for good causes.
About GeoComply Solutions Inc.
GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user’s true digital identity. Trusted by leading brands and regulators for the past 10 years, the company’s geolocation solutions are installed on over 400 million devices and analyze over 9 billion transactions a year.
Our award-winning products are based on the technologies developed for the highly regulated and complex US online gaming and sports betting market. Beyond iGaming, GeoComply provides geolocation fraud detection solutions for streaming video broadcasters and the online banking, payments and cryptocurrency industries, building an impressive list of customers, including Akamai, Amazon Prime Video, BBC, BetMGM, DraftKings, FanDuel, and Sightline.
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