ID Verification in Online Gambling

Ensuring regulatory compliance for the online gambling niche with the latest KYC & AML guidelines has never been easier. With KYCAID, make identity verification for online gamling services work for you.
Try now
One stop shop compliance agent
Leave your email address if you want to know more about our solution.
Flawless KYC services for gambling related businesses
Flawless KYC services for gambling

Flawless KYC services for gambling related businesses

In the profoundly digitalized world of the early third millennium, the lion's share of our activities has gone virtual – from learning and working to shopping and entertainment. The outburst of the global pandemic gave an additional boost to the spread of the remote mode in all these sectors, and the gambling industry is not an exception. Today, punters all over the planet frequent betting sites and online casinos that offer a broad range of card games and slot machines to try their luck as well as provide a chance of winning considerable sums in sports betting.

Sensing mouth-watering potential revenues, entrepreneurs flock to this lucrative domain and invest heavily in software that enables the launching and running of such ventures. However, the huge sums that stakeholders in the realm operate attract all kinds of criminals and fraudsters who would like to get hold of them in an illegal way.

iGaming ventures rely on ID verification algorithms as a part of their KYC (Know Your Customer) initiatives to rule out all chances of abuse and manipulation symptomatic of this sphere.

Online gambling problem areas

Modern cyber perpetrators are rather inventive in their fraudulent endeavors that start with the account registration process iGaming companies institute. They may go for:

Synthetic identity fraud. Purposing to exploit available registration bonuses, they register numerous fake accounts.
Gnoming. Miscreants leverage multiple accounts to artificially beef up jackpots.
Chip dumping. Fake accounts that the wrongdoer has created intentionally lose to a specific one.
Account hijacking. A real user account is accessed by a third party and actually stolen.
Lying about themselves. People may give wrong information (both personal and financial) about their identity.
Fraudulent payment platforms. The aim of such solutions is to intercept payments and direct them elsewhere.
Hoax gambling sites. These are launched to cheat unwary gamblers of their money.
Data leakages. Hackers compromise customers’ data to plunder bank accounts or discover sensitive information.
Money laundering attempts. Criminals may try to launder their ill-gotten money through iGaming ventures.
How to avoid negative consequences of user`s fraud in gambling

Avoiding all the undesirable consequences is possible by means of both robust cyber security policies and compliance with legal regulations (primarily, anti-money laundering legislation and KYC requirements) in the sector. Simply put, vendors must know who the person visiting their site is and what the origin of their funds is. How do they discover it?

A user fills out an application form, submits all required documents, attaches a selfie, and sends it all to the game provider. The few days that elapse before getting a response may not be worth the waiting since the customer may receive a message that some procedures must be repeated. As a result, many potential clients never become real ones, choosing to find another online casino or betting site with a more efficient and faster verification procedure. That is why streamlining and facilitating the ID verification scheme is mission-critical for customer onboarding and retention, and this is what Kycaid excels at.

3 reasons why you need our service?
We are a seasoned player in the niche that can verify over 10,000 kinds of documents valid in almost 250 countries all over the world. Cooperation with Kycaid will be highly beneficial for your online casino business because we guarantee:
1 reason
It takes just a few seconds to verify any documents and photos customers submit with the highest SLA applied to manual checks.
2 reason
The top-notch legal experts on our staff and a proprietary compliance system we extend to customers provide the high-end results of our ID verification system.
3 reason
ISO certificates that we are proud to have and constant security audits practiced by our specialists safeguard meticulous compliance with security requirements adopted in the field.
What checks do we perform?

Given the specifics of the iGaming industry, Kycaid offers a swift and efficient ID verification mechanism that includes the following aspects.

ID check. Our AI-driven automated verification system is honed to recognize every field and checksum in documents as well as compare data from the visual part of the document and its MRZ code. When the process is completed, you get all extracted data in the callback.

Age check. Since gambling and betting are allowed from a certain age (18 or 21), it is important to know that your client falls within the age limit stipulated by various countries. Our solution applies age parameters valid for the nation a client hails from. This step also embraces ID authenticity check to prevent document forgery because sometimes younger people who aren’t of eligible age may try to officially become older than they are.

Liveness check. To make sure the person in front of the screen is who they claim to be, we leverage video verification as a result of the call from our compliance managers. During the session, a specific procedure allows us to see whether the person mentioned in the documents and the person we are talking to are identical.

Gambling addict database check. People who are addicted to gambling are described as compulsive gamblers. Specialized AI-powered mechanisms enable to detect such problem punters and enter them into a united database. We see to it that people listed there aren’t allowed to play at your online casino. If the vendor has their own addicts checklist, our software can be configured to run through it too.

Transaction confirmation. The system monitors the correspondence of the deposited sum with the bank statement of the customer.

Payment method confirmation. To avoid chargebacks and bolster payment fraud prevention, we ensure winnings are received by the person of an appropriate age who was engaged in gambling and not someone else.

Ongoing monitoring. Anti-money laundering screening, involving SEP, PEP, and criminal watchlists, is performed continuously to prevent people in the respective databases (or the vendor’s custom blacklist) from putting their illegally acquired money at stake.

Offline verification. We have a mobile app that can be used in brick-and-mortar casinos with much the same functions after taking a photo of the visitor’s documents.

A recap
Online gambling is a high-risk sphere that requires stringent ID verification procedures for smooth and safe operation both for punters and iGaming companies. By addressing Kycaid, you will get a complete range of ID verification services that will enable you to facilitate and automate all checking procedures, ensure their quality, and minimize money-laundering risks, thus providing a secure gambling environment to oblige your customers and prevent cybercrime.
Get a free demo
Kycaid Logo
Welcome back
Not a member? Sign up
Forgot a password?
We are glad to see you again :)
Kycaid Logo
Create an account
Already a member? Sign in
The password must contain at least 8 characters, at least 1 uppercase letter, 1 lowercase letter, 1 special characters and 1 number without spaces.
Start and improve your business just in one click :)
Kycaid Logo
Forgot password?
Remember password? Sign in
We glad to see you again :)
Password Recovery
Kycaid Logo
Reset a password
password reset!
You can now use new password to sign in to your account
Oops =/
Don’t wait anymore!
Kycaid Logo
Please confirm your account by entering the authorisation code sent to [email protected]
Email verification