Facephi Cuts Fraud by 80% for Peruvian iGaming Partner — Facephi Biometria, S.A.

Event summary

Facephi's AI-powered biometric tech reduced commission fraud by 80% for The OxiaCore Project in under a year.
The Peruvian iGaming software provider expanded to 10,000 verified agents and expects over one million authentication transactions by year-end.
Deployment supports compliance with Peru's evolving gaming regulations as the platform expands into Ecuador and Colombia.

The big picture

This success demonstrates the growing demand for secure digital identity solutions in high-growth, regulated industries. Facephi's ability to reduce fraud and support compliance positions it well as iGaming operators expand into new markets. The company operates in over 30 countries, serving clients across multiple sectors where security and regulatory adherence are critical.

What we're watching

Geographic Expansion: Whether Facephi can sustain this growth pace in Latin America's competitive iGaming market.
Regulatory Compliance: How evolving gaming regulations across Peru, Ecuador, and Colombia will impact deployment requirements.
Technology Scalability: The pace at which Facephi can handle increasing authentication volumes while maintaining fraud prevention efficacy.