Playtech strengthens eKYC capacity with Affordability UK for critical 2021

Playtech strengthens eKYC capacity with Affordability UK

Playtech will continue to support operators in meeting regulatory requirements after integrating Affordability UK into its Information Management Systems (IMS) platform. 

Affordability UK is provided by eKYC and fraud detection specialists TruNarrative, extending the company’s partnership with Playtech to deliver a range of player onboarding and verification services.

Ian Ince, Chief Compliance Officer at Playtech, commented: “As regulatory requirements around the sustainability and affordability of gambling become ever-more stringent, we want to ensure we can empower operators to meet these requirements and protect their players. 

“TruNarrative’s specialist safer gambling services have quickly made them a core partner for Playtech – and now, with Affordability UK, we can offer a sophisticated, market-leading solution, backed by some of the most comprehensive data available. Backed by IMS integration, it can deliver a seamless experience for operators.”

By integrating Affordability UK, Playtech will be able to identify customers who may be exhibiting ‘unsustainable’ gambling behaviours. 

The combination of Affordability UK insight and the capabilities of the TruNarrative platform will allow operators to:

  • Write bespoke rules and build thresholds around a player’s affordability data, transactions and behaviour;
  • Automate decisions and perform manual investigations based on real-time data;
  • Use a single interface and customer picture to track player spending behaviour across multiple brands.

European regulatory developments have seen affordability and verification of source of funds become prominent compliance disciplines for regulatory bodies. The UKGC stated that deeper affordability requirements would be prioritised in the inbound reform of the 2005 Gambling Act.  

John Lord, CEO at TruNarrative, added: “Since partnering with Playtech earlier this year, we’ve been able to bring a vast array of specialist services to their customers, and we’re delighted to be adding Affordability UK to that list. 

“Affordability UK offers unique insight into a player’s ability to afford their bets, as well minimising the requirement for physical payslips and document submissions, creating a low-friction experience. We’re confident it will become a vital part of any operator’s toolset in their drive to meet and exceed UKGC expectations around safer gambling.”

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