Neccton & Fraugster go all-in against online gambling fraud
Payment security company Fraugster has joined forces with data science and AI specialist neccton to create a safer, more secure online gambling experience for both operators and players.
Combining Fraugster’s specialist knowledge of fraud prevention with neccton’s renowned Mentor software means operators can now enjoy greater security against fraud, improved efficiency through AI, and more informed player protection through accurate, real-time data analysis.
This partnership aims to solve three of the biggest challenges facing gambling operators today:
- Responsible Gaming that meets regulatory requirements from operators to protect vulnerable players from developing gambling addictions.
- Anti-Money Laundering prevention, in line with strict regulatory requirements, to avoid money from illegal activities being laundered.
- Online Fraud, such as account takeover, bonus abuse, device risk and chargebacks, which puts both operators and players at risk.
“By partnering with Fraugster we are able to provide 360-degree protection to our clients, from both regulatory requirements and fraudsters, all with a single data integration. Our clients will enjoy an out-of-the-box solution which streamlines data flow and eliminates the need for additional solution providers. They will be able to simplify operations and cut costs,” commented Michael Auer, Managing Director of neccton.
The partnership between neccton and Fraugster includes the integration of Fraugster’s innovative proprietary AI technology into neccton’s platform, to offer their customers complete protection from fraudsters and potentially burdensome industry regulations.
The out-of-the-box solution will make for a safer and more secure gambling experience without disrupting the entertainment experience. The integration of Fraugster’s technology supports operators to become more effective and efficient at fighting fraud, by becoming more accurate and increasing automation. Simplifying operations and streamlining the customer data flow will also help improve efficiency.
This partnership reflects neccton’s commitment to not only help operators protect players from harmful self behaviour but to extend that protection to in-game transactions and personal data privacy. Operators will be able to provide players with a secure and responsible gaming environment, while they will enjoy greater protection from fraudsters attempting to infiltrate their business.
“We’re very excited to be teaming with neccton and are thrilled to deliver meaningful results for their customers with our AI technology. While neccton protects operators and players from irresponsible gaming, we protect neccton’s partners from online fraud”, Fraugster CEO Max Laemmle concluded.