Fraud Control for iGaming businesses

Fraud Control for iGaming businesses

What is Fraud Control and how can 1GameHUB help iGaming businesses improve content related risk management?

Nowadays, when everything has turned digital, so have illegal activities. The iGaming industry has always been a perfect haven for online criminals, whether it is money laundering, collusion, bonus abuse or exploiting software weaknesses to gain advantage. As such fraudsters have been getting more resourceful over time, so have been iGaming businesses. Well tuned risk management is one of the key components for any successful online operator. However, acting overprotective, it is easy to forget about an end user’s experience for the sake of fraud prevention. This industry, being a highly competitive space, made it hard to walk a line between ease of use and strict measures, which can create additional bottlenecks for a business’ future growth . That’s why today, we’d like to note some of the risk management strategies, as well as walk you through our reliable Fraud Control support as part of 1GameHUB service.

What is fraud prevention and management?

Fraud prevention and risk management is a technique to detect, mitigate and eliminate illegal activities that can cause financial damage and brand reputation harm for iGaming businesses. End users apply different fraudulent strategies against online operators and we, at 1GameHUB, help to prevent some of those illegal activities by monitoring and detecting software exploits such as bugs, backdoors, malware, scripts, suspicious gameplay and more.

How partnering with 1GameHUB can help iGaming businesses improve their risk management?

1GameHUB, as a Game Aggregation Platform, offers the key component for risk management - Fraud Control support, which include 24/7 monitoring, oversight and alerts on the following:

• Abnormal events notifications, such as bigger than usual winnings, high stake bets, suspicious locations and currencies combinations;
• RTP monitoring for rapid changes on specific providers and single games;
• Gameplay verification: on time escalations to providers for immediate check and feedback on a suspicion activity, gameplay or a specific round/spin;
• Payout guidance: informing our clients about a suspicious activity with a proper recommendations to perform additional checks;
• Incoming requests from 1GameHUB customers to check and verify certain activities with a provider.

Safe gaming experience and growth opportunities for iGaming businesses

By taking advantage of all the analytics and dynamics, we are able to mitigate fraud for iGaming operators to stay safe, while developing their venture without anxiety about online business’s vulnerability. Lack of risk management solutions can cost a company millions of dollars, cause loss of customer confidence, and in extreme scenarios, loss of license and major punitive damages.

While stopping online gaming fraud is critical, it is just as important to partner with a vendor that can also help you advance your business by connecting you with top-performing suppliers and providing you with accurate market insight.

We, at 1GameHUB, understand how to take your business to new heights, while Fraud Control support offers an additional layer of protection to keep iGaming operators safe and secure.

To provide a satisfying gaming experience and take advantage of growth opportunities, Contact 1GameHUB today!