Funtico Joins Forces with Sumsub to Strengthen iGaming Security in Web 3.0

Sumsub and Funtico announce strategic partnership to elevate player experience while ensuring efficient verification and robust security

Sumsub, a global full-cycle verification provider, has announced a strategic partnership with Funtico, a pioneering Web 3.0 gaming platform. This collaboration aims to enhance compliance and security in the iGaming sector, ensuring that Funtico remains fully compliant with evolving regulations.

Funtico provides an incentive-driven gaming platform for players for partner gaming studios and Funtico’ in-house developed skill based games. Committed to fostering a secure and sustainable Web 3.0 ecosystem, Funtico ensures a seamless experience for players, developers, and partners. Through this alliance, Sumsub will support Funtico with advanced verification solutions, including Know Your Customer (KYC), Anti-Money Laundering (AML), and Fraud Prevention tools tailored for the iGaming industry.

“Partnering with Sumsub is a crucial step in our mission to create a secure, safe and transparent gaming environment,” said Tadas Džiovelis, KYC AML Officer at Funtico. “As the Web 3.0 landscape evolves, ensuring full-cycle verification is paramount. Sumsub’s expertise in digital verification and complex legislative requirements will enable us to offer a seamless experience to players while safeguarding our ecosystem.”

Sumsub’s cutting-edge verification solutions will assist Funtico in onboarding users efficiently while mitigating security risks associated with fraudulent activities. By integrating AI-driven innovative technologies, Sumsub ensures that Funtico can meet regulatory standards with confidence.

“Funtico is at the forefront of Web 3.0 gaming innovation, and we are proud to support their security efforts,” said Kris Galloway, Head of iGaming Product at Sumsub. “Our full-cycle verification platform is customized to help gaming providers navigate complex regulatory requirements while enhancing user trust and security.”

This partnership underscores the commitment of both companies to advancing compliance in the iGaming industry, while paving the way for a safer and more transparent Web 3.0 ecosystem.