Know Your Customer

Implementing systems of fraud control to mitigate risk is a full time operation for compliance teams throughout the gambling industry – no stone must remain unturned.

“Know your own Customer” checks must be put in place that verify prospective customers are not or have not been involved in illegal activities such as fraud, money laundering or organised crime. Regulators across the world demand that companies have rigorous, effective risk based systems that are able to prove at every step adequate internal measures for the verification of prospective client’s identities.

Diligent ID is a global Knowledge Based Authentication (KBA) ID verification system specifically designed to enable gaming businesses to verify UK and foreign nationals via officially recognised sources. The intelligence sourced from it provides gaming businesses with protection from fraudulent acts and reputational damage, while also ensuring that AML/KYC legislation and social responsibilities are continually fulfilled. For more information on Diligent ID please click on the link.