- Legal States
Fiona Simmons December 9, 2022 2 min read
Kinectify Joins Caesars Southern Indiana to Strengthen Due Diligence
Kinectify has teamed up with Caesars Southern Indiana and the Eastern Band of Cherokee Indians to bring its anti-money laundering solutions to both organizations’ gaming operations. The company offers advanced compliance software and advisory software, helping guide operations for companies.
Kinectify Enhances Caesars Southern Indiana’s AML Capabilities
Caesars Southern Indiana is confident that Kinectify’s AML capabilities will help the company ensure that it meets all due diligence criteria necessary for the running of the gaming business in a safe and sustainable manner. Thanks to the company’s data-gathering expertise, the average investigation period took seven hours and provided well-documented EDD and KYC reviews.
The company also uses a digitized approval process that further enhances the overall efficiency of the solution, Caesars Southern Indiana head of regulatory compliance Tonda Reactor welcomed the partnership and said that Kinectify was bringing enormous value to the overall gaming offer. He added:
The Kinectify user interface is intuitive and easy to use. It saves my team’s hours of work on integrations and workflows for each KYC review as we assess regulatory actions, watchlists, litigation, media, and other factors that present a risk to our organization.Caesars Southern Indiana head of regulatory compliance Tonda Reactor
Eastern Band of Cherokee Indians Holdings CEO Scott Barber was similarly pleased with the news and said that Kinectify has been able to increase the efficiency and capabilities of the company’s AML compliance. He explained:
By providing our organization with a clear visibility on AML compliance, the EBCI leadership team is now confident that their AML resources are being appropriately and effectively managed.Eastern Band of Cherokee Indians Holdings CEO Scott Barber
Compliance is a watchword in the US iGaming and sports betting market, with numerous brands making sure that they uphold the highest AML and KYC processes. Companies such as US Integrity, SCCG Management Services, GeoComply, and Xpoint have all been expanding their services to deliver a range of solutions, from due diligence products to geolocation software, to advise in setting up new operations and breaking up in fresh markets.