HomeNewsGlobalNovember is Responsible Gambling Month Sumsub Launches First Full-Cycle Verification and Responsible...

November is Responsible Gambling Month Sumsub Launches First Full-Cycle Verification and Responsible Gambling Solution for the Gaming Industry

The new solution enables gaming operators and platforms to cover the whole player lifecycle in full compliance

Johannesburg/ Miami / London – November 8, 2023 – Sumsub, a full-cycle verification platform, today announces the first integrated solution for user verification, anti-fraud and compliance in gaming enabling both platforms and operators to seamlessly cover the entire player lifecycle and maximize revenue while staying compliant with all regulations and guidelines.

Sumsub - Crunchbase Company Profile & FundingWith this launch, Sumsub is the first vendor to provide a holistic verification solution covering player onboarding, gaming-specific fraud prevention, and compliance. The solution’s four pillars to ensure full-cycle verification include:

  1. Fast and secure Player Onboarding in full compliance with 220+ jurisdictions worldwide. It allows gaming platforms to onboard users in less than 30 seconds leveraging KYC/AML, age verification, and proof of address (PoA) checks. Additionally, Sumsub’s Non-Doc Verificationprovides swift onboarding in selected countries enabling users only to need to enter an ID card number, without scanning any documents.
  2. Fraud Preventionto fight scams such as bonus abuse, affiliate fraud, and account takeover in real-time based on specific rules preventing fraudsters and all suspicious users from making deceitful action, thus reducing reputation risks and fraud-related losses.
  3. Player Risk Profiling and Analyticsmodule, aimed at catching at-risk behaviour fast with dynamic scores that flag suspicious activities through “play and spend” behavioral patterns (like deposit frequency or average bet amount) and customisable rules.
  4. Responsible Gaming (RG) Compliance, a first-in-the-market automated solution based on Sumsub’s Transaction Monitoringsystem and global compliance expertise, offers a set of rules to help gaming operations detect potential addictions and stay compliant with RG requirements.

“Gaming operators are overwhelmed with the need for separate solutions such as verification, bonus abuse prevention and player risk analysis.

Often verification and anti-fraud vendors offer solutions initially developed for other industries like fintech.

But they do not correspond to gaming companies’ specific needs as they are not tailored to the user profile which is completely different in gaming.

So platforms are left with no choice but to develop these solutions in-house,” 

comments Jacob Sever, co-founder and Chief Innovation Officer at Sumsub. 

“Now Sumsub launches the first full-cycle verification platform for gaming, providing sets of rules that are fully customized to the industry, player geographies and user profiles in gaming.

Player Risk Profiling and Analytics module is incorporated into the solution, further reinforcing our support for gaming operators’ and platforms’ needs in reducing risk.

Previously, we launched our automated Responsible Gaming solution to help gaming companies stay fully compliant with RG regulations.”

Sumsub customers’ success stories prove the claimed efficiency of the company’s solutions for the gaming industry:

Kaizen Gaming significantly boosted onboarding automation – from 15% to 70%, and increased its overall verification performance by 350%;

Yolo Group grew users’ pass rates by 142%; and CopyBet decreased players’ time to value from 24 hours to less than 10 minutes.

Aniedi Ekwere
Aniedi Ekwere
Author/Consultant Find More Africa/AA Advisory, We provide betting reviews, thought leadership articles in the emerging markets, business development on products/ platforms in Africa with solid networking relationships with gaming operators in Africa, and Expertise in PR and marketing communication, and iGaming Consulting Services.

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