4Play Gaming is a provider of iGaming platforms for casino and sports betting brands.
Its aim is to integrate Sumsub's "Know Your Customer" solution with the 4Play Gaming platform.
The goal of this collaboration is to strengthen user verification and combat fraudulent activities.
Fraudulent activities are on the rise, especially in the gaming sector, because verification processes often fail to identify illegal actors. Common types of fraud include bonus abuse, affiliate fraud, and account takeovers.
In fact, according to the latest iGaming report by Sumsub, fraud in the industry has increased by 64% year over year. Sumsub and 4Play Gaming's solutions include live checks, to address a 245% increase in deep fake frauds globally.
Sumsub's iGaming Product Manager, Kris Galloway, commented, “We are delighted to partner with 4Play Gaming and will continue to work hard promoting safety and compliance across the industry.”
“Working closely with 4Play Gaming is an important step for us as the iGaming industry remains a core focus of our market expansion. We are committed to helping iGaming companies deliver a smooth, safe onboarding experience, ensuring that both players and operators are protected and risk is minimized.”
4Play Gaming's co-founder Josh Shoham added, “The compliance expectations in the iGaming industry continue to evolve. As fraud risks increase, it is impossible for iGaming operators to adapt to the changing environment alone. We are excited to collaborate with Sumsub and enable operators to leverage its renowned KYC solutions,
“As the first platform in the market without RevShare and based on events, we aim to ensure the highest quality solutions for clients. We believe that Sumsub's user verification features will help operators deliver the best user experience, ensuring secure and safe onboarding.”
