Through the platform’s proprietary tools, NetEnt expects to concentrate on equipment integrity, player behaviour analysis, integrity checks and improve risk credibility. Due to the integration of LFS, NetEnt sas “rigorous processes” have been put into place aiming to detect advantage play methods like card counting and tracking, roulette prediction, robot play and bonus abuse, outright cheating, collusion and shuffle quality analysis.

“We are committed to maintaining the highest levels of integrity to offer the safest and fairest live gaming experience for operators and players. This involves us constantly reviewing our offering and adding Live Fraud Solutions’ tools to NetEnt Live advances these capabilities to be the most robust possible,” said Andres Rengifo, Director of NetEnt Live.

“As a global industry leader, we are delighted NetEnt has chosen to partner with Live Fraud Solutions. We look forward to working closely with the NetEnt Live team to deliver a product that achieves the maximum levels of integrity,” said Toms Andersons, CEO of Live Fraud Solutions.

In addition, NetEnt went from six to eight decks on its Blackjack tables, as the press release tells BM.

The post NetEnt partners with Live Fraud Solutions first appeared on The Malta Business Weekly.

“Poor regulation enables corruption to flourish,” the Nauticus chief says, directing special attention to Pyramid and Ponzi schemes. “Unregulated exchanges are often hacked or shut down without returning the funds of users,” the chief warns.

Nauticus, however, mentions in its press statement that a handful of countries, including Switzerland, Malta and Australia, have embraced “well-designed regulations” for encouraging innovation while also protecting users.

“Verifying every user helps to fight corruption and criminality, and not only protects the business but protects our users themselves from fraudulent practices,” says Jonathan Chang, Chief Operating Officer of Nauticus, underscoring the gravity of know-your-customer (KYC) protocols.

Melbourne’s Nauticus Exchange is a digital financial marketplace offering 17 currencies and the Australian dollar. Nauticus is registered with the Australian Government’s AUSTRAC as a Digital Currency Exchange and an Independent Remittance Dealer. Headquartered in Melbourne, the company is a registered representative of an Australian Financial Services Licensee enabling it to tokenise assets in the form of security token offerings.

The post Nauticus CEO says good legislation can protect users from scams first appeared on The Malta Business Weekly.