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Security in Gambling & Fraud
DigitalBeat offers all the services online gambling operators need to reduce risks such as money laundering and fraud.
Criminals have been drawn to casinos for as long as they have existed, looking for ways to steal money and information. The team at DigitalBeat are experts at assessing the risks your gambling business faces and putting the necessary procedures in place to reduce them.
There are numerous risk related regulations that licensed online gambling operators must follow. Many of these relate to money laundering and terrorist financing. Operators are required to keep careful records of the steps taken to identify risks and prevent them. At DigitalBeat, we can design and implement your entire risk strategy, ensuring that your business remains safe and that you adhere to all regulations.
There are five key areas of risk faced by gambling operators:
• Customer Risk
• Payment Risk
• Geographical Risk
• Product Risk
• Employee Risk
Our risk experts will assess all of these in relation to your business. We will ensure that you have strategies to manage risks such as unverified accounts, high-value depositing customers, politically exposed persons, prohibited relationships and transactions, unknown source of funds, sudden changes in player behaviour, and multiple payment methods.
By utilising the services offered by DigitalBeat, these risks are addressed right from the start, minimising them and allowing you to focus on other areas of operations.
Online fraud is a major issue with cybercrime costing billions of dollars a year. If you fall victim to fraud, not only could it cost you, but it will also damage your reputation. Online gambling operators run the risk of facing multiple account fraud, credit card fraud and chargeback fraud.
DigitalBeat is able help you tackle all of these and ensure that you do not become a victim. We can implement procedures to prevent frauds such as bonus abuse, gnoming, and chip dumping. For example, knowing how to properly verify your players’ identities will go a long way to preventing all types of fraud.
There are numerous risk related regulations that licensed online gambling operators must follow. Many of these relate to money laundering and terrorist financing. Operators are required to keep careful records of the steps taken to identify risks and prevent them. At DigitalBeat, we can design and implement your entire risk strategy, ensuring that your business remains safe and that you adhere to all regulations.
There are five key areas of risk faced by gambling operators:
• Customer Risk
• Payment Risk
• Geographical Risk
• Product Risk
• Employee Risk
Our risk experts will assess all of these in relation to your business. We will ensure that you have strategies to manage risks such as unverified accounts, high-value depositing customers, politically exposed persons, prohibited relationships and transactions, unknown source of funds, sudden changes in player behaviour, and multiple payment methods.
By utilising the services offered by DigitalBeat, these risks are addressed right from the start, minimising them and allowing you to focus on other areas of operations.
Online fraud is a major issue with cybercrime costing billions of dollars a year. If you fall victim to fraud, not only could it cost you, but it will also damage your reputation. Online gambling operators run the risk of facing multiple account fraud, credit card fraud and chargeback fraud.
DigitalBeat is able help you tackle all of these and ensure that you do not become a victim. We can implement procedures to prevent frauds such as bonus abuse, gnoming, and chip dumping. For example, knowing how to properly verify your players’ identities will go a long way to preventing all types of fraud.