Entain has improved its identity, economical, and credit checks since announcing that it is the “first major sports betting and gaming operator” to use Synalogik’s Scout technology.
The solution allows for the rapid checking and risk-scoring of thousands of users, with the aim of providing reliable risk and open source intelligence reporting in seconds rather than hours or days.
Uk label implementation
According to Entain, this increases consumer response times while also maintaining maximum compliance with regulatory standards, which vary greatly across jurisdictions. The scheme would be implemented across all of the company’s UK-based labels at first.
Brendan MacDonald, director of customer protection at Entain said: “This delivers on our vision of leveraging innovation and technology to create the best experience for every customer whilst delivering the highest standards of compliance effectiveness and corporate governance.”
Accurate risk and open source intelligence reports
Law enforcement authorities, as well as the cyber-security, insurance, and banking industries, use Synalogik’s technologies. Entain seeks to make more rational decisions more quickly and effectively by allowing it simultaneous access to more data providers and other open source solutions.
Synalogik’s CEO, Gareth Mussell, explained: “We are delighted that Entain is using our Scout system to support its compliance and governance processes.
“This unique solution provides an enriched customer view, in near real-time, drawn from multiple data sources, which enhances decision making and delivers significant efficiency and cost savings.”
Synalogik is also commonly used in the financial services industry, especially by banks and insurance companies. NatWest Group, O2, Telefonica, Marble Arch Insurance, and Innovate UK are among the commercial clients.