A top cryptocurrency solutions provider for brick-and-mortar casinos, BitLine, has partnered with FinClusive, a regulatory tech company, to improve compliance and elevate the user experience in the casino sector. This collaboration will utilize blockchain technology to enhance casino payment processing, making transactions faster and safer.
BitLine’s proficiency in cryptocurrency chip technology will be integrated with FinClusive’s comprehensive compliance-as-a-service (CaaS) platform. This will allow BitLine to onboard clients worldwide, adhering to Know Your Customer (KYC) and Know Your Business (KYB) requirements through digital identity authentication. The alliance seeks to establish a frictionless and compliant gaming ecosystem by leveraging blockchain’s immutability and security attributes for real-time patron and transaction oversight.
FinClusive’s top dog, Amit Sharma, expressed immense enthusiasm for the collaboration. He underscored the company’s commitment to delivering exceptional regulatory solutions that enable businesses to flourish. Sharma was particularly keen on joining forces with BitLine and backing their rollout of groundbreaking gaming offerings, all while maintaining the most stringent global anti-money laundering protocols.