Date: 16.05.2024

by Mateusz Mazur

Last update: 16.05.2024 08:49

“Cryptocurrency payments present unique security challenges that require specialised solutions”

NuxGame has consistently demonstrated its commitment to setting new standards in security, compliance, and user protection. To delve deeper into NuxGame’s approach to these crucial aspects, we sat down with Denis Kosinsky, Chief Operating Officer for the company, to discuss recent developments and the company’s vision for the future.

NuxGame recently achieved GLI-19 certification. What does this mean for the platform and its users?

Obtaining the GLI-19 certification is a significant milestone for NuxGame, as it demonstrates our commitment to providing a secure and reliable platform for both operators and players. This certification shows that our platform adheres to the highest industry standards in terms of security, fairness, and integrity.

The accreditation also opens us up to a host of new markets and licenses, as we look to expand our presence worldwide. It is a testament to the hard work and dedication of our team, who have worked tirelessly to ensure that our platform meets and exceeds the criteria set forth by Gaming Laboratories International (GLI).

For our partners, the GLI-19 certification assures that they are working with a trustworthy and compliant platform provider. For players, this certification guarantees that they can enjoy a safe and fair gaming experience on our platform. They can trust that the games offered through NuxGame have been thoroughly tested and certified for fairness, and that their personal and financial information is protected by robust security measures.

How does NuxGame ensure the safety and security of player data and transactions?

We always strive to prioritise the safety and security of our users’ data and transactions above all else. We have implemented a comprehensive suite of security measures designed to protect sensitive information and prevent unauthorised access. One of the key features of our platform is two-factor authentication (2FA), which adds an extra layer of security to player accounts. We also use advanced algorithms to combat fraud and identity theft, through features such as AI, OCR and biometrics to reduce legal risks and adhere to the highest regulatory standard.

In addition, our platform boasts AWS-backed stability and employs advanced encryption technologies to protect data during transmission and storage. All sensitive information, such as personal details and financial transactions, is encrypted using industry-standard protocols, ensuring that it always remains confidential and secure.

We are currently in the process of of obtaining our CISCO Certificate, which will be followed by ISO accredation. By implementing these robust security measures, we provide our users with the peace of mind that their data and transactions are protected against potential threats.

Can you tell us more about NuxGame’s integration with Jumio and its impact on KYC and AML processes?

Our collaboration with Jumio represents a significant step forward in enhancing our Know Your Customer (KYC) and Anti Money Laundering (AML) processes. Jumio is a global leader in AI-powered identity verification, and by integrating their cutting-edge technology into our platform, we can streamline our user verification procedures. Jumio’s AI algorithms can quickly and accurately verify the identity of our users by analysing their government-issued ID documents and facial biometrics. This not only expedites the onboarding process for players but also ensures that we are complying with the strictest global regulatory standards.

The integration of Jumio’s technology has far-reaching benefits for both NuxGame and our partners. By automating and enhancing our KYC and AML processes, we can more effectively prevent fraudulent activities. This not only protects our platform and our partners from potential legal and financial risks but also creates a safer environment for players. With Jumio’s AI-powered verification checks in place, we are setting a new standard for security and compliance in the industry.

How does NuxGame address the unique security challenges associated with cryptocurrency payments?

We know that cryptocurrency payments present unique security challenges that require specialised solutions. To address these challenges head-on, we have implemented a multi-faceted approach to ensure the safety and security of cryptocurrency transactions on our platform. One of the key components of this approach is the integration of secure crypto wallets that utilise multi-signature technology. This means that multiple approvals are required for each transaction, adding an extra layer of security and reducing the risk of unauthorised access or theft. By distributing the control of funds across multiple parties, we can prevent any single point of failure and ensure that cryptocurrency assets remain secure.

In addition to secure crypto wallets, we work closely with reputable cryptocurrency payment processors who have a proven track record of security and reliability. We have integrated Web 3.0 wallets such as Metamask, Aptos, and Phantom to both streamline the process and add further protection for players and operators. These processors employ advanced security measures, such as cold storage and multi-factor authentication, to safeguard funds and prevent potential breaches. We also apply our stringent KYC and AML processes to cryptocurrency transactions, ensuring that all activities on our platform comply with regulatory requirements and best practices.

How does NuxGame’s focus on security and safety benefit both operators and players?

NuxGame’s unwavering commitment to security and safety creates a mutually beneficial environment for both operators and players. For operators, partnering with a platform provider that prioritises security and compliance is essential for long-term success in the iGaming industry. By working with NuxGame, operators can rest assured that they are building their business on a solid foundation of trust and integrity. Our robust security measures and compliance with global regulatory standards help operators mitigate potential legal and financial risks, allowing them to focus on growing their business and providing an exceptional gaming experience to their players.

For players, NuxGame’s focus on security and safety translates into a gaming environment that they can trust and enjoy with complete peace of mind. When players know that their personal information and financial transactions are protected by state-of-the-art security measures, they are more likely to engage with the platform and explore the wide range of gaming options available. Our commitment to fair play and the prevention of fraudulent activities ensures that players can immerse themselves in the excitement of online gaming without worrying about the integrity of the games or the safety of their funds.

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