iGaming

SOFTSWISS Saves Customers Nearly €3 Million In Q1 Of 2022

SOFTSWISS Managed Services is pleased to share the Q1 results of the Anti-Fraud team. For the first three months of the current year, the service focused on investigating suspicious activity in online casinos has resolved 75+ major complaints. The overall sum saved throughout this period exceeded 2.8 million EUR.  

These results display the effectiveness of the service aimed at delivering security in daily iGaming operation, whether it is payments or KYC procedures, gameplay, or bonusing. Thanks to the constant improvement of the anti-fraud checks, SOFTSWISS Anti-Fraud team allows its partners to save significant financial resources.

According to the SOFTSWISS Anti-Fraud Service statistics, the sum of confiscations in 2021 was over 14 million EUR, which is 40% more than a year earlier. Furthermore, recently received ICA certification became another step forward for the team to provide infallible anti-fraud support. 

“The results of our work demonstrate that we are focused on improving our services literally month by month. Therefore we’re looking for new tools to provide the highest level of anti-fraud support. For instance, one of the novelties we’re working on with our R&D teams is introducing artificial intelligence into the team’s work processes in order to move away from manual checks. It will allow us to accelerate the processing of requests and the identification of suspicious activity,” noted Anastasia Vyshinskaya, Anti-Fraud Team Lead.

Anti-Fraud is one of six SOFTSWISS Managed Services, the multi-function department that covers major B2C  customer support services for online casino and sports betting brands. Besides the Anti-Fraud team, the fast-growing department includes 24/7 First Line Support, VIP Player Support, Player Retention, Player Reactivation, and the recently launched Content Management Services.

Staff

Recent Posts

FeedConstruct and WBSC Announce An Exclusive Data and Streaming Partnership

FeedConstruct, the global sports data and streaming provider, and the World Baseball Softball Confederation (WBSC),…

18 hours ago

Bally’s Chicago Halts Hotel Construction Over Video Gambling Dispute

Bally's Chicago has halted construction on its hotel and entertainment complex, the project freeze stems…

22 hours ago

New York Sports Betting Revenue Hits Record High as Bettors Lose Big in July

New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant…

23 hours ago

FeedConstruct Partners with Malta Premier League

FeedConstruct has officially partnered with the Malta Premier League to secure the competition's global betting…

23 hours ago

Tabcorp Snaps Up Wagering Tech Provider BetMakers in $200 Million Deal

Tabcorp Holdings has announced on Monday that it will acquire BetMakers Techology Group, the B2B…

23 hours ago

DraftKings Revenue Falls to $1.44B on Customer Wins, Sports Betting Payouts

DraftKings revenue fell 5% year-on-year to $1.44 billion in the second quarter, missing Wall Street's…

23 hours ago