Armalytix and Midnite Enhance Partnership to Streamline Customer Verification
Armalytix and Midnite have pushed their collaboration further to simplify Enhanced Due Diligence (EDD) checks for customers. In accordance with the partnership, Midnite will now deploy Armalytix’s innovative instant scan bank statement solution, backed by machine learning. The tool facilitates quick and efficient checks on customers and significantly reduces the degree of manual data review involved.
Midnite, one of the largest e-sports and casino operators, has integrated Armalytix’s solution into its compliance process. Players can now provide their financial details either through open banking or upload bank statements, making it more convenient and flexible to verify.
Representatives of both parties have shown their pleasure for the longer-term partnership. Jeremy Lever from Armalytix quoted the successful collaboration with Midnite over the past two years and emphasized the significance of the new solution in simplifying customer checks. Aras Kaplan of Midnite added that the technology allows the team to focus on high-risk areas by breaking down complex financial data into actionable insights. He added that the tool maximizes efficiency without sacrificing high integrity and safety standards for Midnite’s members.
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