Laserlock Reports Mexican Online Gambling Deal

By Brian Cullingworth, Last updated Aug 8, 2014

US company to provide its VerifyMe services to unidentified Mexican operator

US identity and geo-location technology provider LaserLock Technologies has signed a ten year contract, worth $7 million, with an unidentified Mexican gaming company that will see LaserLock's VerifyMe Identity Services authenticating players in online casinos.
The need for strong authentication in this area has increased due to recently passed anti-money-laundering legislation in Mexico, a company spokesman said this week, adding that LaserLock's technology will be replacing passwords and PINs with a quick, three-factor authentication process.
"The multiple factors involved in the VerifyMe method adhere to the classic identification trifecta: something you have, something you are and something you know," the spokesman said.
"In this case it breaks down to a connected device (like a smartphone), a biometric (like facial recognition) and a gesture swipe respectively. The solution adheres to NIST Level 4 standards and can be bolstered by a geo-tagging feature if a "somewhere you are" location factor is deemed necessary."
Neil S. Alpert, LaserLock's CEO, described the deal as a new milestone for the company. "The current system, in which passwords are so easily hacked and online and financial security so vulnerable, needs to be replaced and VerifyMe is the ideal technology to do it," he claimed.

Online Casino News Courtesy of Infopowa

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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