MyBet levels up on anti-fraud compliance with 4Stop’s integration

Knowing your customer nowadays is integral, especially in the online gambling industry, and MyBet could not be an exception to this rule. That’s why the well-known bookmaker has announced a partnership with 4Stop in order to take its fraud-prevention, KYC game to the next level.

Regulations ask for better and more in-depth due diligence in many industries, thus making it harder for IT and cyber security teams to keep up and ensure adherence in this ever-changing landscape. In the face of imminent legislation changes in the iGaming sector as well, the German sports betting association (DSWV) is gearing up on the implementation process.

4Stop chief risk officer Alvaro Kurth stated that the biggest challenge for companies is to both achieve accordance to guidelines and make sure not to compromise quality for their customers. 4Stop’s advanced solution combines the best of many worlds, aggregating customer information from many online sources in a comprehensive database and utilizing cutting edge fraud prevention technology, all in a single integration.

4Stop’s solution allows MyBet to learn all the required information about their customers in real-time and in a way that’s practical, easy and financially viable. Alexandro Duda, Mybet CTO, did not neglect to emphasize how fundamental it is for MyBet to stay up-to-date with international measures regarding customer validation and verification. He also highlighted the convenience of 4Stop’s solution, which allows MyBet to apply certain measures to specific segments of their customer database, cutting down on the number of different software programs they had to use in combination up until now.

What’s more, 4stop’s fraud management engine performs thorough customer checks and through a series of automated sequences takes action when needed.

While 4Stop is a leading provider of KYC and anti-fraud technology mostly in the Fintech market, the company seems to be expanding its operations in the iGaming industry and several other verticals as well, mainly due to the convenient yet effective all-in-one nature of its product.

About MyBet

With headquarters in Malta and being licensed by MGA, MyBet holds an array of European licenses covering both casino and sports. It boasts an impressive 14,000 sports bets and live bets, as well as casino games from all major software providers such as NetEnt (Gonzo'z Quest, Starburst), Micrograming, and especially Novomatic (Book Of Ra, Sizzling Hot, Lucky Ladys Charm, Lord Of The Ocean). For live casino fans, MyBet live casino has an exceptional interface, designed by the up and coming Extreme Live Gaming, and offers European and american roulette, as well as 13 different blackjack variations.

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