Tag Archives: fraud

ConnectPay ups security investment to combat online fraud


ConnectPay will, this year, invest an additional €750,000 in Anti Money Laundering (AML) and Counter-Financing of Terrorism compliance solutions. The online banking service provider believes that security of transactions must be top priority for higher risk sectors such as online gambling, adding that financial crime across all industries has reached $2.1 trillion per annum – a figure ConnectPay expects to …

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Expansion seeking W2 secures £3 million Series A funding


W2 will expand its sales and marketing efforts after securing Series A funding to the tune of £3 million from Mercia Technologies PLC and the Development Bank of Wales. This will be used to build on an exceptional 2018 for W2, a B2B software provider focused on streamlining customer acquisition and managing regulatory risk by performing real-time identity verification, anti-money …

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Police moved to issue warning over lottery scams

Thames Valley Police has moved to highlight its concerns about fake lottery scams and has asked the public to remain vigilant after an elderly couple were defrauded of more than £25,000. Police are warning people not to respond to any communications claiming they have won a lottery, sweepstake or any other prize draw, and to remain vigilant against fraudsters. The …

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Slow count fraudster avoids jail

A ‘slow count’ fraudster has avoided jail despite costing bookmaker Ladbrokes an estimated £10,000 across an 18 month period. Snaresbrook Crown Court heard how John O’Connor conned staff at 14 branches of Ladbrokes over 18 months from July 2012. Among the tactics used by O’Connor was the placing of a bet near to the off, then using a variety of …

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GBGroup’s ICE protest makes serious data point

Last week’s ICE Totally Gaming saw GBGroup stage a ‘protest’ outside of the ICE gaming convention at ExCel London. Advocating a trust economy, the protesters ‘represented’ gaming users who are campaigning for better recognition by gaming operators of their individual identity. The protesters argued that gaming companies should be better able to identify their customers and recognise their individual needs …

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UEFA signs up for four more years of Sportradar security

UEFA, European football’s governing body, has extended its relationship with Sportradar, by signing a new four-year agreement. The agreement will see Sportradar’s Security Services provide UEFA with betting movement information from over 30,000+ matches across Europe per season, together with additional consultancy. Sportradar has been monitoring betting movements on European football matches since 2006 and the renewal of the agreement …

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MET Police Target ICE 2014

The Metropolitan Police Force will be taking a high profile presence at ICE Totally Gaming (4-6th February) as part of its ongoing commitment to disrupt Organised Criminal Networks (OCN’S) which target both land-based and remote gaming operators. Detective Constable Mat Wake of the Met’s Gaming Unit, who will be leading activities from stand N14-340 at ICE, believes the opportunity to …

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