Third Party Reports Emailage Whitepaper | Page 7

12 Online Gambling Survey Report Next followed gaps in fraud and tool functionality (40%), updating fraud risk models (30%) and managing omnichannel fraud (37%). Which of the following fraud prevention technologies do you plan to invest in within the next 12 months? 63% Machine learning platforms 54% Digital identity profiling 33% Device ID solutions 29% 3D Secure 25% Email risk/verification tools Machine learning platforms are the main technology investment area for online gambling operators Online Gambling Survey Report may be more willing to offer bigger and better bonuses to customers. The implementation of the scheme may therefore result in the growth of bonus promotions in the industry. It could make it a more dynamic and competitive environment, where operators are able to provide additional perks and offers to customers without worrying about multi-accounting. By taking a multi-layered approach to assessing risk level, operators can have the confidence they need to comply with such legislation without compromising on friction in account set-up and payment. In doing so, they can address the barriers to dealing with fraud. Emailage is working to address these issues on behalf of the industry. Our vision for the future of the online gambling sector is to help operators eliminate fraud and bonus abuse, with zero friction to the customer journey. Ultimately, we want to help operators accurately distinguish high-risk players from low-risk players to improve their bottom and top line. Taking all of this into account, we anticipate a bright future for the online gambling sector. With the appropriate tools, gambling operators can ensure that their revenues are not negatively impacted by fraud. This will offer them the flexibility and resources they need to provide a great experience for genuine users and, in turn, ensure their businesses can thrive into the future. As shown in our survey, online gambling operators are aware of their own deficiencies and are investing to close the gap. Our survey found that 63% are planning to invest in machine learning technology solutions to prevent fraud. Such solutions support online gambling experts to reduce bonus abuse, account takeover and other forms of fraud while delivering a seamless customer experience. Our easily integrated solution can be incorporated into the existing fraud prevention framework. Our process reduces the time needed for manual reviews by analysing users’ email address data while remaining compliant to current regulations. By doing so, both customers and online gambling experts benefit from a safer and faster authentication process. Conclusion Online gambling operators in the UK feel the pinch and often find themselves balancing between the customer journey, new regulations and ineffective fraud solutions. As our research shows, operators are concerned with a wide range of issues relating to fraud management tools and managing them on top of new regulations. The implementation of 3D Secure 2.0 has the potential to play a significant role in further reducing instances of fraud, particularly bonus abuse. This sort of protection for operators could result in some fantastic developments in the online gambling industry. Operators, for example, 13 Ready to fight back? Implement fraud prevention now to significantly improve customer experience and stop revenue loss. See how our state of the art automation and risk assessments can help you stand out from the crowd. REQUEST A DEMO