Casinos and gambling platforms deal with large amounts of money, making them prime targets for financial crimes such as fraud and money laundering. Identity verification processes help reduce these risks by identifying players and checking their information against global databases to ensure that they are who they say they are.
Reduced Risk of Fraud
먹튀검증사이트 and gaming businesses screen their patrons to verify age, stop fraud, prevent minors and protect themselves from illegal entry. ID scanning solutions perform automatic age verification based on the legal gambling age limit, compare it against a blacklist and alerts staff when an under-aged ID is presented.
Some solutions also allow players to sync their ID with their PMS or loyalty program to avoid human errors and increase data accuracy. This allows for quicker sign ups and reduces the time it takes to complete KYC or AML.
Casinos that have combined KYC and AML have reported a decrease in fraudulent activities, reducing liability and protecting their reputation. This is especially important when it comes to new customers. Using advanced technology, such as AI and machine learning, helps automate the process and makes it faster, more efficient, and less prone to error.
Increased Customer Satisfaction
A remote identity verification service can help casinos reduce the number of people that attempt to abuse bonus programs by using multiple accounts. It can also be used to verify identity when making a transaction, adding an extra layer of security and eliminating the risk of fraud.
ID scanners for casino and gaming establishments can instantly identify under-aged entrants and prevent them from entering the building. They can also be used to compare customer data with self-exclusion lists, preventing gambling addicts from accessing casinos during the time they’ve voluntarily self-excluded. Combined with a queue management system, these tools can also increase visitor satisfaction by monitoring crowds and alerting managers when lines begin to form. This helps them plan for busy days and maximize staff deployment.
Reduced Costs
Casinos and other gambling establishments are required to verify patrons for various reasons, such as age verification to prevent underage gambling, catching fake IDs and ensuring that players are not on self-exclusion lists. Using an ID scanner can help reduce costs by eliminating human error in data entry and reducing time spent on verifications. Additionally, some ID scanning solutions can sync to loyalty programs and PMS systems to instantly populate customer data from a 2D barcode. This helps eliminate costly human errors and decreases sign up times for new customers. Also, it can reduce player abuse in bonus programs by ensuring that one player does not use multiple accounts to take advantage of bonuses.