Over the past few years, a huge amount of gaming activity has moved online, and this, combined with advanced technology and a wide range of new digital payment methods have made it much easier for financial criminals to take advantage.

In-game currencies and microtransactions are one of the areas that act as the greatest risk; criminals are able to use the proceeds of their illegal activities to transact in-game purchases through fake accounts, often through multiple micro transactions that are hard to trace. Similarly, online betting sites are also increasingly being targeted by criminals looking to set up accounts either in fake names, or by stealing someone’s ID, and using these accounts to transact with dirty cash.

SmartSearch offers an all-in-one AML solution, that can identify, verify, screen and monitor customers all from one easy-to-use platform. What’s more, our solution is automatically updated to reflect any changes in AML regulation to ensure your firm is always meeting its legal requirements.