KNOW YOUR CUSTOMER (KYC)
RED FLAGS & SUSPICIOUS TRANSACTION
RED FLAGS & SUSPICIOUS TRANSACTION
- Verifies player identities and financial backgrounds to prevent illicit activities.
- Flags discrepancies in personal details, such as mismatched patron data or unverifiable sources of funds.
RED FLAGS & SUSPICIOUS TRANSACTION
RED FLAGS & SUSPICIOUS TRANSACTION
RED FLAGS & SUSPICIOUS TRANSACTION
- Multiple large transactions just below reporting thresholds to avoid scrutiny.
- Frequent chip purchases and minimal gameplay, suggesting potential structuring techniques.
- Sudden spikes in activity from new players with unexplained sources of wealth.
- Use of third-party transactions, where one customer funds another's account, bypassing direct scrutiny.
REPORTING & COMPLIANCE
RED FLAGS & SUSPICIOUS TRANSACTION
REPORTING & COMPLIANCE
- Regulatory Reporting & Compliance Alerts
- Use information SARs (Suspicious Activity Reports) when transactions meet risk criteria.
- Provides comprehensive audit trails to support compliance investigations.