photograph, 3D-rendered models, 3D-printed mask) to the camera. Europe PMC. It's time to prioritize user-friendly & seamless player location checks to reduce fraud, boost user engagement, and generate more revenue while remaining compliant with legal and regulatory requirements. Cover all your bases: minimize account takeover fraud, prevent chargebacks, and reduce transaction fraud. The fraud detection process consists of gathering user and transaction data, feeding it to risk rules, and automatically approving or declining actions based on the results. One only needs to look at the growth of sports betting to see the vast potential for iGaming platforms. Recognize the risks associated with the theft or compromise of personal data. Real-Time Monitoring and Proactive Fraud Prevention. 4% in gambling between 2019–2021. As a fully-fledged fraud detection and customer intelligence solution, SEON protects iGaming leaders against bonus abuse, multi-accounting, identity fraud, and, of course, chargeback fraud. This can help those customers to review suspicious forex traders at best and outright cancel guilty forex money launderers at worst. The prevention of fraud and the monitoring of payments is a vital part of any online business, and the iGaming industry is no different. 6% in iGaming and 29. Heightened Need for Real-Time Risk Assessment. What you'll learn. High fraud levels and chargeback disputes impact the revenue and credibility of online gambling sites. Role of AI in Online Fraud Detection. 310 trillion in total. Identity. Learn about fraud prevention, detection and management strategies, a critical part of any iGaming or online gambling operation. Telecommunications: 8. We also present a strategy to detect andiGaming Fraud Stats 2023. Undoubtedly, this also can lead to anxiety, stress, and a negative impact on mental well-being. The Sift network has seen significant spikes in payment fraud, including in igaming. Let's level up the #iGaming industry. Due to the rapid growth in the. Fraud can have serious consequences for casinos and online gaming apps, including loss of business, legal issues due to compliance violations, and damaged reputation. That includes: IDV: A form of identity. About. 1. Leveraging advanced detection mechanisms and real-time. Verify consumer identities with robust data. Embrace more accurate geolocation tech that's tough on tampering, unlike what's already out there. PGP-key. While there are many types of fraud attacks, theWe offer several contact routes and provide feedback as soon as possible. How to Prevent Friendly Fraud To combat Friendly fraud, casinos are implementing measures such as identity verification and payment fraud prevention tools to reduce the risk of friendly. Published. 6% in iGaming and 29. Additionally, existing anti-fraud solutions often fall short, lacking comprehensive visibility into fraudulent activities across the entire player journey. TruValidate’s key products are Digital Insights, Identity Insights, Fraud Analytics, and Omnichannel Authentication. Scaleo is an affiliate network software that provides the greatest iGaming discounts. Let's level up the #iGaming industry. 1% increase in the number of cases. Available 12/4:…iGaming is one of the most profitable industries on the web. Cybersecurity and. The iGaming market is a rapidly evolving landscape where operators in Sports Wagering,iGamingFuture. Looking forward to serving @NeoGames as our customer and to improving fraud detection for the gaming industry. 90. And the numbers are staggering, even when the dump only looked at a fraction of the operations: 60,000 sessions played. While Sightline CEO, Omer Sattar, looks at how to tackle the fraudsters. November 23, 2023. Official reports from the World Economic Forum states that the rate of fake to real reviews hovers around the 4% mark. Rather than involving software periodically looking. Showing all with `` tag . There’s a reason why we’ve led iGaming compliance for nearly a decade. AI is used in transaction monitoring by analyzing granular transactional data and comparing it to historical data for anomalies that suggest fraud. With a consumer’s consent, these credit scoring agencies will use their Open Banking license to check current account information. We also discuss a pipeline which can predict iGaming fraud with a precision of 84. It is conformant to ISO/IEC 30107-3 PAD (Presentation Attack. The prevention of Fraud and the monitoring of Payments is a vital part of any online business, and the iGaming industry is no different. Z‐Score: The term Z‐score, Z‐values, Z‐ratio, or Z is a statistical measurement of a number in relation to the mean of the group of numbers. How to Detect Identity Theft in iGaming. S. Ask an Expert. The co-founder of this B2B2C tech company, Gia Janashvili, has multiple times proposed different strategies on how iGaming operators can detect and prevent fraud attacks. Multi-accounting can exploit promos. The person lost a $29 bet. Fraud in the telecommunications industry is rising faster than in most sectors, with an 8. As the world turns towards banking experiences that exist increasingly, and exclusively, on devices and computers, fraudsters are finding more digital loopholes to exploit. Sift eliminates the need for point solutions with a single platform to manage every aspect of fraud operations. 1 billion in 2021 into a nearly $154 billion global industry by 2028, iGaming is growing at a blistering speed and The United Kingdom (UK) is at the forefront of iGaming adoption. Since all those games in the industry (poker, casino, bingo, sports betting etc) involve a monetary…The key is that fraud scoring should allow you to automatically approve, reject, or review certain actions. The Starlink bug that locked some users out of their accounts last week was caused by overzealous fraud detection that falsely flagged legitimate accounts as. The bots will scrape all the odds for a certain event and automatically calculate whether an arb bet is possible based on a pre-set mathematical formula. Payment gateway fraud is the act of ordering goods through the use of another person’s funds, personal details, or personal property via card-not-present transactions. Liveness detection is used to defeat presentation attacks, a type of attack in which a fraudster uses a fake representation of a biometric input like a face. The first one, data enrichment, also happens to be the easiest to use. Unusual behavior can be detected that could indicate fraud, corruption, or other organized criminal activity. This course will provide students with an overview of fraud in general; take an in-depth look at fraud within the iGaming industry as well as the various methodologies that can be implemented in the management of. Shanmugasundaram Hariharan. A report by the Guardian calculated that 3. On the worldwide scale, the number is even more devastating – $31. The Fraud Detection Using Machine Learning solution helps developers get up and running—so they can train and run their own machine learning models that help detect in-game fraud. What is iGaming Fraud? iGaming fraud is any type of fraudulent activity targeted at iGaming operators and players, online casinos, and online betting shops. 2. Real-time attack deterrence. The Sift network has seen significant spikes in payment fraud, including in igaming. This is where AI gets useful. Return fraud, or return abuse, is considered friendly fraud. The rule will be put in place to let you review, decline, or approve a user action. Gaming fraud: How fraudsters stack the deck against iGaming operators (and what can be done about it) Discover how fraudsters manipulate the iGaming industry and learn about the innovative fraud detection solutions that can help online gaming operators protect their platforms and users. Another way fraudsters can utilize bots, is to quickly open thousands of new accounts to exploit lucrative promos. One of the cornerstones of any good fraud prevention strategy is the use of data analytics. SEON was the best candidate to help it realize its vision with minimum risk. or if the devices used at sign ups carry other suspicious marks that are commonly associated. 4% in gambling between 2019–2021. Merchants can minimize fraud by coming up with a prevention strategy and using effective anti-fraud tools to support their efforts. When all the points have been tallied, an automated system can decide whether the score indicates risk or not. “Fraudulent transactions create risk for igaming businesses on multiple fronts, making it crucial to have effective fraud prevention and detection. And so have the associated fraud risks. and possibly even a sign of account takeover in iGaming. Detecting fake, stolen, or synthetic identities in iGaming requires deploying a number of tools and strategies. 6. Download the Guide. As per digital fraud analysis by TransUnion, online betting identity fraud increased by 50. Unlock the Full Power of SEON. There are of course many parallels between the fraud prevention challenges of esport gaming and traditional iGaming or online gambling, betting and casino,. Utilize the SEON system and other fraud detection tools to monitor transactions, player activities, and accounts for. So, the game generates greater revenue than. Detects and Prevents Fraud. My. Luckily, regulations have been put in place in several countries to ensure user accounts benefit from increased protection. It builds upon previous EU privacy measures, such as the PSD2 compliance, but is a lot more stringent in a number of ways: Stronger emphasis on user consent: companies will need an explicit statement from. Arkose Labs specializes in stopping automated SMS toll fraud attacks with our award-winning approach to bot management, backed up by an industry-first $1 M warranty. ThreatMetrix payment fraud detection helps your business deliver personalized, more secure transactions for trusted customers while accurately detecting. To detect connections, we look at similarities. They are needed to gather historic transaction data, and. The online gaming industry is forecasted to generate nearly $160 billion US in 2020, with growth fueled greatly by the number of people seeking diversions during the pandemic. Artificial intelligence is paving the way for a safer iGaming environment by helping curb addiction, detect cheaters, prevent fraud, protect privacy and more. Although check fraud is an issue, Check Fraud Defender protects people against this type of crime. enabling licensees to instantly identify and reduce igaming fraud. Through the deal, iGP will utilise Greco’s AI to monitor gameplay and identify potential risks actively across its brands such as BetGoals, TouchCasino and Woombet. Online Gambling and iGaming. To complete the unique authentication challenges of Arkose Matchkey at scale, fraudsters must invest significantly more time and resources as they are. For instance, betters even placed wagers on the color of a popular sports drink during the most recent Super Bowl. In the case of an. With seasonal spikes in transaction volumes around major sporting events, constantly evolving regulations, and the challenges of. Collect data from a user’s device: GPS, GSM, WiFi, plus IP addresses. Jimmy Fong: Ultimately, it’s the perfect time for us to join the market. Playtech integrates Featurespace igaming fraud detection tools. Manual fraud reviews can take on different forms and have a variety of different “triggers” depending on the. With an extensive range of casino games and online sports betting, their success allowed them to expand worldwide. “Stopping fraud is why I come to. Whenever a huge amount is involved, like when a player wins a big win or spends big on a game— OptiKPI will automatically detect and send Alerts to the Admin. Explore the benefits of using machine learning to protect customers, assets, and reputation in the iGaming. Lawyer · iGaming and Data protection Estonia. What is our target objective? We have an in-house Risk and Fraud team of. Articles . We also present a strategy to detect and combat concept-drift, which refers to a changing. Although credit card frauds occur extremely infrequently. By gaining unauthorized access to user accounts, they can manipulate gameplay, siphon funds, or engage in activities that compromise the integrity of the iGaming platform. Beyond creating a safer environment, AI can also provide players with a better overall experience based on their personal preferences and offer more streamlined customer service. 4% in gambling between 2019–2021. Z‐Score: The term Z‐score, Z‐values, Z‐ratio, or Z is a statistical measurement of a number in relation to the mean of the group of numbers. As a Senior Manager Financial Crime Investigations at Paysafe Group, I oversee and coordinate the activities of the Risk&AML teams that handle fraud and money laundering cases across the FINTECH and iGaming sectors. Agolapu Dileep. A common pattern is a “low and slow” approach to fraud. In fraud terms, this process is known as multi-accounting, and it often targets no deposit bonuses such as. Globally, the digital fraud rate grew 68. 4. Unfortunately, bad agents also love how easy it is to use gift cards for fraud, scams, and other nefarious deeds. TruValidate: Part of the Large TransUnion Anti-Fraud Ecosystem. Designed for high risk businesses in iGaming, Neobanks, eCommerce, BNPL, and Web 3. Resources. Over the past few years, the Sports Betting and iGaming industries have seen an increase of player activity and are anticipated to be valued at more than $92. iGaming KYC solution by Aetsoft streamlines identity verification in your online games through efficient validation tools. PinPoint Custom, on-property geofencing; GeoGuard Award-winning VPN and proxy detection; GeoComply Chargeback Integrator (GCI) Fight and win chargeback. Trackier’s in-house fraud prevention tool allows businesses to get an overview of their affiliates and the various affiliate marketing mechanisms in place for a Gambling platform or iGaming casino. Create tailored onboarding workflows in hours, lower operational costs, protect against fraud, and reduce customer onboarding friction by combining. Frontend Forex Fraud and Scams. All Resources Whitepapers Solution Briefs eBooks Reports Case Studies Videos Infographics Account Takeover 101 ‘A Founder and a Felon’ seriesExercises and realistic case studies will be presented throughout in this interactive course which teaches learners to spot fraudulent activities. Get Ahead of Fraud Trends. A majority of this fraudulent activity will fall within one of the three categories: asset misappropriation, corruption schemes, and financial statement fraud. High fraud levels and chargeback disputes impact the revenue and credibility of online gambling sites. online sports betting sector. Multi accounting creates different problems depending on the site platform or service it is targeted at as it can lead to both abuse and reputational damages. Quickly deploy KYC and personalized identity verification solutions based on risk-based decisioning, triggers, and thresholds throughout every journey. The card type: debit, credit, or prepaid, amongst others. In comparison to the UK with over 200 brands, there’s only around £2,000 [$2500] available so there’s a huge amount of value for bonus abusers to operate. However, with the volume, variety, and velocity of data exploding right now, procurement teams alone may get. Accertify is seeing strong growth providing iGaming fraud protection to the rapidly expanding U. The applicant will additionally identify those taking advantage of stolen information or deceptive practises and spot fraudulent trends such as attempts to chargeback deposits or use due. See why more than 900 global businesses use Onfido for their digital identity verification needs. This research makes several contributions to the scientific domain. This significant market is making online gaming an attractive target for fraudsters and hackers. 1% increase in fraud cases over the last four years. Provide secure, seamless customer experiences. Internet fraud affects many sectors, including online gaming or iGaming. Prevent, detect, and investigate crime. 3 types of iGaming fraud 1 Chargebacks As operators try to scale their businesses during the online sports betting boom, online gaming platforms have become an easy target for fraudsters. Tamas Kadar, co-founder and CEO of SEON, a company that provides fraud prevention solutions for gaming companies and beyond. Signifyd: 100% Chargeback Protection for Merchants. iGaming operators must comply with know your customer (KYC) and anti-money laundering (AML) legislation. For example, the payment fraud attack rate increased 31% year-over-year (Q3 2022-Q3 2023) across the network. The old continent has become a significant hub for gambling brands that know various methods of managing risks. 4% in gambling between 2019–2021. iGaming Fraud Detection & Prevention. Share . . Available 12/4:…Payment fraud prevention. Financial Fraud Detection Using Deep Learning Techniques. Make fraud detection smarter, simpler, and more flexible with intelligent automation at every touchpoint. Know more. 17h. iGaming affiliate fraud can have a number of negative consequences for operators, with one of the most obvious ones being a worse-performing promotional campaign for the same cost. This results in penalties, fees, or outright denial of services. Here is an example of IP fraud scoring: An IP address points. The Landscape of Fraud in iGaming: Identifying the Threats. We have collected five crucial scam elements that fraud managers should be aware of. In other. *Gartner, Market Guide for Online Fraud Detection, Akif Khan, Dan Ayoub, 12. iGaming Fraud Detection & Prevention. Find out method the industry-leading ecommerce fraud prevention can benefit your business. Iceberg Bots. Download the Guide. Learn about fraud prevention, detection and management strategies, a critical part of any iGaming or online gambling operation. Created by fraud managers, for fraud managers, SEON is increasingly popular as a compliance aid that is industry-agnostic but powerful in the context of fintech, payments, and iGaming – especially thanks to its digital footprint detection capabilities. Across the EU, the minimum legal age to participate in online gambling typically ranges from 18 to 21. the complexity of the operating environment including the involvement of third parties. 3 Examples of Multi Accounting Fraud. How Do You Detect High-Risk Customers in iGaming? While every iGaming company will have a unique anti-risk tech stack, the basics tend to be the same across the board. Discover how Altenar leverages machine learning to enhance fraud detection in sports betting solutions, providing improved accuracy, real-time monitoring,. The temptation of shiny bonuses, quick access to money, and de facto online wallets is too alluring for organized criminals and habitually abusive users. unauthorised modification of computer material. How to Detect Smurfing in iGaming and eSports. Knowing what kind of fraud is being perpetrated is a huge. It's time to prioritize user-friendly & seamless player location checks to reduce fraud, boost user engagement, and generate more revenue while remaining compliant with legal and regulatory requirements. The first step is to keep track of traffic quality. Incognia's combined location and device signal can help operators detect fraud hot spots, locations associated with device reset, location spoofing, and various forms of device integrity issues. Hey LinkedIn! If you’re new to following me, I talk about #frauddetection, #fraudmanagement, #fraudprevention, #fraudinvestigation, and #fraudprotection. identification and location-based ATO detection. 🛫 to SBC Summit North America 2023 and excited to learn from the smartest in iGaming!. Usually, attackers collude with telecom operators and premium rate service providers to orchestrate IRSF. “This reduces the risk of being. It is essentially people taking advantage of marketing offers for. If you’d like to discuss the potential for using AI in your iGaming business email [email protected. Key to detection and prevention of fraud is to understand its nature. (insurance fraud, iGaming fraud, etc) Adopting. This is why establishing connections between users as soon as possible can stop potential fraud at the onboarding stage. January 30, 2018. 4Stop. The negative effects of iGaming affiliate fraud. Referral fraud can manifest in iGaming wearing different masks, though its goal is always the same. Lim observes: “Each game that we see. HoweverCHARGEBACK FRAUD iGaming sites often act as e-wallets, where players can deposit funds using credit cards. Having proactive fraud detection software that monitors transactions helps mitigate losses to the types of fraud common to the iGaming vertical like account takeovers (ATOs) and bonus abuse. This includes monitoring traffic sources, IP addresses, and other user information for any potential irregularities. SEON’s new report, entitled ‘The State of iGaming Fraud 2023,’ offers insights into the evolving nature of iGaming fraud worldwide. Understanding these key risk areas and implementing the proper steps to control those areas can potentially save your company from significant hassle and expense. Our system is designed to detect and prevent fraudulent activities, providing robust security you can trust. Firstly, we present a literature review of similar fraud detection solutions both in the iGaming industry and other fields in Sect. Gaembla Chooses SEON for Innovative iGaming Fraud Prevention. 3. Checkout Fraud. Even with the best of intentions, it is very. PDF | credit card fraud detection | Find. Available 12/4:…Detect and prevent the fraudulent abuse of your business by training all relevant staff at many different points in the customer journey. In-person casino scams typically involve. Online gambling operators must be aware of two main types of fraud: External and Internal. Pattern recognition is a major factor in fraud detection. In 2022, 24 iGaming platforms have already received fines totalling £48m in the UK alone. It helps extract extra info such as a profile picture, full name, bio, etc…. Credit card fraud detection is an essential part of screening fraudulent transactions in advance of their authorization by card issuers. Professor Alexiei Dingli explains why investment in prevention of fraud is essential for iGaming Industry . 2012 1 Fraud Management for gaming OperatorsThe fraud analyst role also entails ensuring the quality, accuracy, and completeness of available data and alerting process; identifying data pain points (e. Utilize the SEON system and other fraud detection tools to monitor transactions, player activities, and accounts for. iGaming Fraud Prevention: How to Mitigate Risks and Stay Profitable. Guarding the Fort: Reducing Fraud in iGaming. Accertify, an American Express company, is a leading fraud prevention solution provider, offering end-to-end fraud solutions, including customer authentication, SCA optimization, and chargeback management. Supply chains are inherently vulnerable to fraud due to: their global reach. According to PwC’s Global Economic Crime and Fraud Survey 2020, respondents reported losses of a whopping $42 billion over the past 24 months. Among the most pressing concerns. To eliminate the risk of cyberattacks, iGaming companies use advanced. Key takeaways include:Among those techniques is facial spoofing (also known as face spoofing attacks), in which a fraudster tries to bypass a facial recognition system into misidentifying him by presenting a fake face (e. Mitigating fraud at any stage of the player funnel can be a huge. Radware Bot Manager: Protect from All Automated Threats. Here is why it works: So, how did we do it? Step 1: Problem Statement. Typical frontend forex scams include: Forex Ponzi/pyramid schemes: Fraudsters claim to be representing a forex exchange, investment group, or account management firm to recruit investors. You can find him leading webinars with industry leaders on topics such as iGaming fraud, identity proofing or machine learning (when he’s not. A seamless location verification process in milliseconds. On the worldwide scale, the number is even more devastating – $31. The gambling industry is highly regulated. Global online gambling is a multi-billion dollar market. The right fraud prevention solutions, such as SEON, offer transaction monitoring and other account monitoring solutions that detect suspicious shop exchanges that may signify refund scams. The center point of the curve has a Z‐value of 0. TruValidate™ orchestrates proprietary identity, device and behavior data to facilitate trust between organizations and consumers. iGaming & Gambling. Fraud managers tend to learn on the job, by developing an almost intuitive sense of the patterns they detect. Smurfing is when someone launders money by breaking it up into several smaller sums, hoping to evade detection. A deeper dive into iGaming fraud. Fraud is always related to a purposeful intent committed by a human being utilizing techniques of deception and trickery. Another primary function of AI in online casinos is monitoring your behavior, which helps detect foul play. iGaming operators, are you tired of fraudsters gaming the system? Player location verification is a game-changer to stop fraud, not only jurisdictional…iGaming must become hugely popular. 50 poker sites targeted. Analyzing location data patterns: Abnormal patterns in location data, such as sudden. Shanmugasundaram Hariharan. $675,000 earned in rakeback. Alexiei. A special consideration today is to include a fraud procedure that will appropriately flag fraud while protecting important consumer information that could be sensitive. These platforms employ artificial intelligence. Detecting automated SMS toll fraud attacks. Fraud represents a growing threat for companies operating in the iGaming and online gambling space. With a simple API integration, we make it. Let's level up the #iGaming industry. iGaming has exploded in popularity in recent years. iGaming has become hugely people. Industries Banking. #ilotery #igaming #frauddetection…The Stakes. Welcome! Log into your account. Analyzing location data patterns: Abnormal patterns in location data, such as sudden. , 2021; Li et al. And so have the associated fraud risks. The Serious Crime Act 2015 further amended the Computer Misuse Act. In this article, we will explore the various types of fraud prevailing in the gaming iGaming industry, and discuss the consequences of such threats, and provide. lack of data and frequency), and getting to work on the projects with the appropriate IT team to resolve the pain point. Social media lookup: We can see if the cardholder’s details match those of the online social profile. The AI machine learning algorithms are trained on historical. uk. We offer you best-in-class solutions for your customer support and payment service needs in the iGaming Industry. European and US Strategy Regarding iGaming Fraud. In players’ terms, online and mobile gambling and betting (iGaming) is on a worldwide hot streak. Authenticate with Location Identity. Fraud concerns for iGaming operators extend beyond just basic KYC and AML issues. Read the complete article here. $3M earned in winnings. With automation, fraudsters use software or bots to accomplish tasks that otherwise require. Our Anti-fraud and payments training has been specifically designed for iGaming employees in the Operations teams of the business, to be an interactive training experience, filled with potentially fraudulent. Radware Bot Manager: Protect from All Automated Threats. Therefore, it’s now time for the market to implement new barriers to entry, which can help to stop fraudsters in. Sift: Popular US Vendor with. Having proactive fraud detection software that monitors transactions helps mitigate losses to the types of fraud common to the iGaming vertical like account takeovers (ATOs) and bonus abuse. Fraud detection. Request a Consultation. Because you will be able to select (and join) numerous offers, you will. Greco’s innovative approach uses real-time data analysis to detect and address bonus abuse. Account Security. The first step is for the fraudster to create a synthetic identity, blending stolen, manipulated, and/or manufactured data. g. What is our target objective? We have an in-house Risk and Fraud team of. From fraud detection to responsible gaming, AI technology is a one-stop solution for. Automation makes it easier for criminals to exploit users’ accounts while remaining undetected themselves, increasing the risk of fraud. Connect Sean Wessels Candidate Civil Engineer at Virtual Consulting Engineers, furthering studies with BEngHons in Water Resources Engineering (2021-2022). In early 2019, an individual in Nevada somehow managed to trick the online Hard Rock Casino site into thinking they were based in New Jersey. The implementation of winning caps is probably the most common one. Age restrictions vary from country to country, but they generally range between 18 and 21 years old not only in the EU, but globally. Artificial intelligence (AI) has a significant role in fraud management. Conference Paper. Artificial Intelligence builds a profile of the end user tracing the player’s actions even when alternate accounts are used. They insure several devices. Our rules engine runs hundreds of location data, device integrity, and identity fraud checks on every geolocation transaction to detect suspicious activity. The AI-powered system scrutinizes every click, decision, and streak of exceptional luck. Fraud prevention and management is a strategy to detect and minimise illegal activities and abuse that may cause financial or brand. AI technologies, such as machine learning (ML) algorithms, can analyze large amounts of data and detect patterns and. The temptation of shiny bonuses, quick access to money, and de facto online wallets is too alluring for organized criminals and habitually abusive users. domain. Fraud alerts provide early warning signs of suspicious activities and can be used to flag. Or so have the associated fraud risks. As per digital fraud analysis by TransUnion, online betting identity fraud increased by 50. Bank name: Name of the cardholder’s bank. Online gambling and iGaming operators trust Arkose Labs to provide them with a long-term fraud prevention approach, which bolsters their defenses and makes them less attractive to bad actors. Let's level up the #iGaming industry. TransUnion global report. It can, however, also. Fraud concerns for iGaming operators extend beyond just basic KYC and AML issues. We demonstrate how. AML/KYC Software & Tool Features to Look Out For. there is a solution. They are best remembered for their device recognition technology, which is used by iGaming companies to verify users and is essentially the defacto fraud detection software.