Listen To Article
Verification platform Sumsub has partnered with 4Play Gaming.
4Play Gaming is an iGaming platform provider for casino and sportsbook brands.
It aims to combine Sumsub’s Know-Your-Customer solution with 4Play Gaming’s platform.
This partnership aims to enhance user verification and combat a rise in fraud.
Fraud has been increasing particularly in gaming, as verification processes often fail to identify illegal actors. Common types are bonus abuse, affiliate fraud and account takeovers.
In fact, fraud has increased 64% year-on-year in the sector, according to Sumsub’s most recent iGaming report. Sumsub and 4Play Gaming’s solution to this include a liveness check to tackle the 245% global rise in deep fake fraud.
“We are pleased to be partnering with 4Play Gaming and continue our efforts in fostering safety and compliance across the sector, “commented Kris Galloway, Head of iGaming Product at Sumsub.
“Working closely with 4Play Gaming is a significant step for us as the iGaming industry remains a core focus of our market expansion. We are committed to helping iGaming firms deliver smooth and secure onboarding experiences, ensuring protection and risk mitigation for both players and operators alike.”
Josh Shoham, Co-Founder at 4Play Gaming, added: “Compliance expectations within the iGaming industry continue to evolve. As fraud risks are on the rise, iGaming operators cannot adapt to the changing landscape on their own. We are excited to partner with Sumsub and enable operators to utilise their renowned KYC solutions,
“As the first No RevShare and event-based platform in the market, we want to ensure the highest quality solutions for our clients. We are confident that Sumsub’s user verification capabilities will help operators provide the best user experience for secure onboarding.”
