Fraud is a growing threat in iGaming
With more players online worldwide, fraud attempts are rising, targeting customers and employees alike. Gambling companies must verify that every user and employee is genuine—not just once but throughout their journey. This report reveals how biometric authentication, re-authentication, and data cross-linking are critical to combating AI-powered fraud, meeting regulatory compliance, and reducing losses.
increase in fraud attempts year-over-year, with 1 in 20 verification attempts in 2024 being fraudulent.
of US organizations reported financial losses due to iGaming fraud, and 13% of global fraud decision-makers said fraud cost up to 20% of annual revenue.
of industry respondents report increased use of AI in fraud attacks.
of companies have adopted IDV and biometrics, with 81% planning to increase investment in identity verification and KYC tools.
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