Te sophistication of fraudsters has grown, with AI enabling the creation of high-quality fake documents. Traditional verification methods are becoming inadequate in detecting such forgeries. Sumsub addresses this challenge by employing pixel-level analysis to detect document manipulations, whether they are physical forgeries or screen relays. Teir technology scrutinises various elements, including MRZ codes, expiration dates, and embedded security features, to ensure authenticity.


BONUS ABUSE


Bonus abuse is one of the most popular forms of iGaming exploitation. Tis scheme involves registering multiple accounts where customers misuse a company's promotional materials such as referral bonuses, vouchers, sign-up bonuses, coupons, or discounts. While such campaigns aim to attract new audiences, fraudsters attempt to trick the system by taking more than their fair share - and, often enough, they succeed. According to Trackier, bonus abuse amounts to 69.9 per cent of online casino fraud, mainly due to how easy it is to perform.


In these instances, user verification alone may not catch bonus abusers, explains Kris. Complex measures, including device fingerprints, geo-data, betting patterns, account activity, and transaction history, are needed to detect bonus abuse.


"Tere are hundreds of examples of bonus abuse from arbitrage 52


through to minimal risk betting strategies. A lot tends to start off with multiple account creation. We have several tools in place through the KYC process as well as working in the background to identify instances where multiple accounts have been created.


"With our Liveness tool, if you look at the example of a syndicate or even a sweatshop where you have multiple people sitting at the same computer or in the same building, we recognise the environment is the same. We're not just looking at the subject, we're looking at the background. We also look at the device fingerprints and geolocation data. At the onboarding stage alone we're already looking at a lot of different criteria to identify instances that could lead to bonus abuse.


"Post-onboarding, we have advanced transaction monitoring so we can look at usage patterns and platform events - a number of different criteria to identify what's happening to flag potential bonus abuse activities. For example, let's say someone is playing an online casino and they pick a particularly high RTP slot and play with the same repetition time frames. Tat in itself is an indicator and then we'll look at whether or not there's a bonus attributed to their account, what the wagering requirements of that bonus are and what bets they are placing."


MONEY LAUNDERING


Money laundering is rampant in iGaming. One of the most diverse forms of fraud, money launderers utilise multiple methods that


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