Creating a place that is perfect for players both in terms of entertainment and in safe handling their personal data and payment information is crucial for the modern world full of social media and interconnected accounts.
That’s why such important subjects as players' personal data protection, the regulation of social media, anti-money laundering aspects and more will be discussed at the fourth edition of the Prague Gaming Summit in the Czech Republic on tomorrow.
Jan Urbanec, the CEO of Endorphina, will be participating in the panel session “Gambling and Casino Games via Social Media and Online Technologies.” The speaker will talk about social media’s impact on the igaming industry, including the privacy and personal data of players, the regulation of real money and payment solution integrations and AML. “I am looking forward to discussing new generation topics in our industry, such as the role of social media and new online technologies, with a group of likely-minded professionals," he said.
In the world of social media, the risks of igaming companies are increasing rapidly, especially when it comes to storing personal data online and providing players with privacy protection as well as securing payment solutions that are integrated on social media. Companies should make sure that they are creating a system that is compliant with high security standards. All these lead to the understanding that certain regulations should be considered and implemented.
One of the hottest topics these days in the igaming industry is personal data protection. All online accounts will invariably contain a variety of personal details, as it is almost impossible to start playing without having completed the registration process. By collecting all of this extensive identity details and validating them against criminal databases, online casinos and gaming platforms can build a compliance programme that can help them comply with local and global regulatory obligations as well as protect their business from any monetary loss.
