GeoComply has become the newest member of the World Lottery Association (WLA), an organization that advances state-authorized lotteries’ interests and is represented in more than 80 countries.
WLA Executive Director Luca Esposito said the addition of GeoComply to its membership is a key step in providing safe play within a growing market.
Esposito commented: “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.”
The company provides geolocation for anti-fraud solutions to a variety of markets. Its solutions are tailored for the gaming industry, as well as for media, entertainment, financial services and for cryptocurrency.
GeoComply Solutions is globally known for its Ground Truth Geolocation data platform, which services millions of devices around the world through its proprietary system.
Company Co-Founder and CEO Anna Sainsbury explained the company’s commitment to fostering trust within the digital market and expressed that the group is excited to join the WLA.
She said in closing: “In a time when society has serious questions about the security of the internet, our technology is focused on restoring digital trust.
“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 Solutions recently secured minority investment funds that are managed by Arctos Sports Partners and Norwest Venture Partners. The company will receive support from by both investors as it continues to expand within the Financial Services and Media Right Management core markets.
