In a significant move that will reshape the iGaming landscape, Miracl has announced a strategic partnership with WA.Technology, aimed at enhancing security protocols and optimizing the overall user experience for both operators and players. This groundbreaking collaboration, which became effective immediately, brings together WA.Technology’s extensive platform of game providers and payment solutions with Miracl’s cutting-edge passwordless multi-factor authentication (MFA) technology.

Miracl Partners with WA.Technology to Strengthen iGaming Security and Enhance User Experience

As cyber threats continue to evolve, the need for advanced security solutions in iGaming has never been greater. Through this partnership, both companies aim to fortify account and payment security, reduce fraud, and provide a seamless, efficient gaming experience for end-users.

WA.Technology’s Pledge to Combat Fraud in iGaming

WA.Technology has been a leading player in the iGaming sector, offering an integrated platform that supports a wide range of game providers, payment methods, and solutions tailored to meet the unique needs of operators and players alike. However, with the rising prevalence of fraud and cybersecurity threats, maintaining the integrity and safety of players’ accounts has become a key concern.

This new partnership with Miracl allows WA.Technology to offer passwordless MFA, a state-of-the-art security solution designed to eliminate the vulnerabilities associated with traditional passwords. The solution ensures that iGaming operators can protect player data with unmatched security while improving the overall gaming experience.

Tim Scoffham, the CEO of WA.Technology, emphasized the importance of robust security measures in today’s iGaming environment: “Security is paramount in the iGaming industry, where operators face constant threats from fraud and cyberattacks,” Scoffham said. “Our partnership with Miracl allows us to provide a state-of-the-art, passwordless authentication solution that both protects players and enhances their gaming experience.”

Miracl’s Passwordless Multi-Factor Authentication Solution: Revolutionizing Security

Miracl, a leader in passwordless authentication, has made waves with its single-step MFA technology that removes the need for cumbersome passwords. By integrating with WA.Technology, Miracl introduces its highly secure login system, which is designed to not only boost security but also streamline the login process, ultimately enhancing user retention and reducing friction for players.

Rob Griffin, CEO of Miracl, highlighted the business advantages of this integration: “Miracl both increases operators’ revenues and lowers their costs. More traffic, with a higher conversion rate and lower support cost, means higher profits.” Griffin explained. “The ROI we are achieving for customers is second to none. Crucially, our login also meets the regulatory requirements of every gaming jurisdiction in the world as they progressively move towards requiring MFA.”

Miracl’s solution offers several key benefits that make it a powerful tool for iGaming operators:

• Elimination of Passwords: Passwords are often the weakest link in any security system. Miracl’s MFA solution removes this vulnerability entirely by replacing passwords with cryptographic proof-based authentication.
• Single-Step Login: Users can now access their accounts in one simple step, reducing frustration and potential drop-off rates caused by complicated multi-step logins.
• Regulatory Compliance: As more jurisdictions move towards mandating multi-factor authentication for gaming operators, Miracl ensures that its solution meets all regulatory requirements, offering peace of mind to operators across various regions.
• Higher Conversion Rates: By simplifying the login process, iGaming platforms can expect higher conversion rates, as players are less likely to abandon the site due to cumbersome login procedures.

Impact on iGaming Operators and Players

The iGaming industry has been one of the fastest-growing sectors in digital entertainment, but with that growth comes increased risk. Fraud and account takeovers have become major concerns, costing operators millions in lost revenue and damaging their reputations. This partnership directly addresses these concerns by significantly enhancing security measures while also improving the user experience.

For iGaming operators, adopting this new MFA solution means they can reduce customer support costs related to password resets and login issues. The simplicity of the system encourages more frequent play, which in turn boosts operator revenue. Player trust is also increased, as they are assured of the highest level of security when engaging with the platform.

Furthermore, the streamlined login process reduces friction points for players, allowing them to focus on enjoying the games rather than struggling with complicated login procedures. This ease of access is especially important for retaining players in a highly competitive industry.

Looking Ahead: The Future of Security in iGaming

This collaboration between WA.Technology and Miracl marks a significant step forward in addressing the security challenges faced by the iGaming industry. By leveraging Miracl’s passwordless multi-factor authentication, WA.Technology is setting a new standard for secure, user-friendly gaming environments. As more iGaming platforms adopt this technology, the industry as a whole is expected to become more secure, more efficient, and more profitable.

Rob Griffin’s statement about the return on investment (ROI) being second to none highlights the transformative potential of this partnership. The combination of enhanced security, reduced operational costs, and improved user experience positions both companies as pioneers in the future of iGaming security.

Recent Developments: WA.Technology Acquires Onseo

In addition to its partnership with Miracl, WA.Technology recently acquired Onseo, a company specializing in gaming technology development. This acquisition further bolsters WA.Technology’s capabilities in delivering cutting-edge solutions to iGaming operators, solidifying its position as a leader in the market.

Conclusion: A Secure and Seamless iGaming

The partnership between Miracl and WA.Technology sets the stage for a new era in iGaming security. With the integration of passwordless multi-factor authentication, both companies are taking proactive steps to ensure that players’ accounts are protected while enhancing the overall gaming experience.

FAQs About Miracl and WA.Technology Partnership

1. What is the partnership between Miracl and WA.Technology about?

The partnership focuses on integrating Miracl’s passwordless multi-factor authentication (MFA) solution into WA.Technology’s platform, aiming to enhance account and payment security for iGaming operators and players.

2. What security solutions does Miracl provide to WA.Technology?

Miracl provides a passwordless MFA solution that eliminates traditional passwords, offering a highly secure, single-step login process. This technology helps to prevent fraud and improve the user experience for iGaming platforms.

3. How does this partnership benefit iGaming operators?

iGaming operators benefit from stronger security, higher user conversion rates due to the seamless login process, reduced customer support costs, and compliance with global gaming regulations that require multi-factor authentication.

4. What advantages does Miracl’s passwordless MFA offer over traditional authentication methods?

Miracl’s solution eliminates the need for passwords, which are often vulnerable to security breaches. It offers a single-step login process that is more secure, easier for users, and fully compliant with gaming regulations worldwide.

5. Why is security so important in the iGaming industry?

Security is crucial in iGaming due to the constant threat of fraud, cyberattacks, and account takeovers. Protecting player accounts and ensuring secure transactions is essential for maintaining trust and legal compliance.

6. How does this integration impact players’ experience on iGaming platforms?

Players benefit from a streamlined login process with improved security, allowing them to access their accounts quickly and safely. This enhanced user experience increases trust and retention, encouraging more frequent gameplay.

7. What is the role of Tim Scoffham, CEO of WA.Technology, in the partnership?

Tim Scoffham emphasized the importance of this partnership, highlighting how the integration with Miracl’s passwordless MFA technology significantly improves the security of iGaming operators while enhancing the user experience for players.

8. What are the business benefits of using Miracl’s authentication system?

The key business benefits include increased player traffic, higher conversion rates, reduced operational costs, and compliance with regulatory requirements, all of which contribute to higher profitability for operators.

9. How does this partnership affect regulatory compliance in iGaming?

Miracl’s passwordless MFA solution complies with the multi-factor authentication requirements of gaming jurisdictions worldwide, ensuring that operators meet evolving legal standards while maintaining top-tier security.

10. What other recent developments have occurred with WA.Technology?

Recently, WA.Technology acquired Onseo, a gaming technology development company. This acquisition strengthens WA.Technology’s platform by offering enhanced gaming solutions, in addition to its collaboration with Miracl for improved security.