Automated solution for responsible gaming unveiled by Sumsub
Crack Down on Problem Gambling with Sumsub's Responsible Gaming Solution
Jump on the bandwagon! Sumsub, a full-cycle verification platform, has unveiled its Automated Responsible Gaming solution in honor of Responsible Gaming Education month. This cutting-edge technology is a game changer for iGaming operators looking to avoid costly fines.
September is a crucial month for responsible gaming in the United States, and Sumsub is leading the charge, committed to safeguarding players and shielding operators from financial penalties.
To align with the principles of Responsible Gaming Education month, Sumsub released a solution that caters to compliance needs for gambling companies. Leveraging Sumsub's Transaction Monitoring system and expertise in the global compliance sector, the solution offers a suite of responsible gaming controls.
Here's the breakdown: the prepared solution features a versatile KYC setup, intuitive betting patterns analysis, thorough player behavior monitoring, and suspicious activities alerts. It also equips operators with tools to detect perplexing betting habits, such as disproportionate wagers, frequent gambling, or limit changes.
Additionally, the automated system enables operators to set rules for user onboarding in specific countries, simplifying multi-regional compliance.
Beyond Player Protection
Apart from safeguarding players, the solution also aids operators in combating fraud, including money laundering, identity theft, and payment fraud. With this automated technology, operators can stamp out bonus abuse and tackle similar schemes with ease.
An added benefit? The solution can help operators cut costs and trim manpower needs.
A Word from the Chief Legal Officer
Tony Petrov, Sumsub's chief legal officer, expressed delight about the unveiling of the automated Responsible Gaming control solution. He emphasized its potential to pinpoint addicted players, minimize fraud risk, and maintain compliance with the latest industry regulations.
Petrov conveyed that Sumsub's trailblazing automated solution positions the company as a pioneer in responsible gambling.
The detailed functionality of Sumsub's Responsible Gaming solution isn't extensively outlined, but Sumsub's history and capabilities suggest the following features:
- Real-Time Monitoring: Continuous tracking of user behavior to identify potential problematic patterns.
- Automatic Alerts: System alerts when suspicious or risky behavior is detected, allowing for further review or intervention.
- Customizable Controls: Tools for operators to set personalized limits and restrictions based on user behavior.
- Integration with Existing Systems: Seamless integration with existing gambling platforms to ensure compliance and promote responsible practices.
Welcome to a seamless, secure, and compliant gaming experience with Sumsub's Responsible Gaming solution!
With the introduction of Sumsub's Automated Responsible Gaming solution, technology plays a pivotal role in promoting responsible gambling in the casino-and-gambling industry. This cutting-edge technology not only safeguards players from potentially harmful gambling patterns but also shields operators from financial penalties, ensuring compliance with industry regulations.
