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ELITBET partners with SEON to combat gambling fraud
To combat modern fraud attacks in the gambling industry, ELITBET has partnered with SEON, a fraud protection company.
The Bulgarian gambling operator looks to protect its bonus offers that are vulnerable to fraud attacks in order to keep up with its expanding clientele. In order to filter out problematic actors at the account creation stage and improve login tracking across accounts, this will be accomplished by integrating SEON’s end-to-end fraud prevention and AML solution. The goal of SEON’s solution is to improve ELITBET’s capacity to control fraudulent sign-ups, keep an eye out for questionable activities, and monitor transactions.
Viktor Kirilov, CEO of ELITBET, said:
“We chose SEON due to its unique and scalable end-to-end solution, which will enable us to stay ahead of modern fraud attacks while minimising friction for our expanding customer base.”
By analyzing cookies, device usage, password sharing data, and attempts to manipulate information with widely used privacy tools, SEON will provide ELITBET with the means to stop people from registering on its platform using false information. This will be accomplished by combining an effective combo of advanced digital footprinting, device intelligence, and real-time monitoring.
Kirilov added:
“We stand to benefit from SEON’s unique technology to decipher the accurate identification of legitimate customers versus potential abusers, and to help us maintain a pristine online gaming environment – putting our platform in a stronger position to grow and serve our customer base more effectively. ”
Tamas Kadar, CEO and Co-Founder of SEON commented:
“We serve some of the most respected iGaming operators worldwide. We understand deeply the challenges operators face in eliminating fraud while ensuring positive customer experiences for their players. We are delighted to partner with ELITBET as it embarks on an exciting era of growth, and look forward to preventing and detecting and reducing fraud across its operations.”
SEON will identify abnormalities in player behavior and bonus abuse by keeping an eye on deposits and questionable withdrawals. The alliance seeks to improve onboarding procedures and provide seamless player experiences. concurrently dramatically lowering the frequency of account takeover attacks, multi-accounting, and bonus abuse.
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