wireless password: 9166703926. online gaming / gambling know - your - customer and risk management
TRANSCRIPT
Wireless Password: 9166703926
ONLINE GAMING / GAMBLING
KNOW-YOUR-CUSTOMER AND RISK MANAGEMENT
CAMS PROVIDES ONLINE GAMING AND GAMBLING SITES WITH:
PAYMENTCONNECTIVITY
KNOW YOURCUSTOMER
RISK MITIGATION
CENTRALCLEARINGHOUSE
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL
CAMS IS PCI LEVEL 1 CERTIFIED / HEADQUARTERED IN LOS ANGELES, CA
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INTRODUCING CAMS
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 4
KEY CONCERNS
WHO Who is trying to play?
WHENWhen they connect are they using a device identified with negative activity?
WHERE Where are they located? Is it legal there?
WHAT What are they trying to hide from you?
HOW How are they trying to play?
WHY Why are they trying to use your system?
Most importantly…
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 5
KEY DEFINITIONS
KYC Know Your Customer
KBA Knowledge Based Authentication
DEVICE ID “Fingerprint”
GEO-LOCATION Connection & Device
SPOOFING Faking
CNP Card Not Present vs. Card Present
REGULATOR, OPERATOR AND ISSUER CHALLENGES
PROBLEM GAMBLER•Self-Exclusion List Maintenance•Flag and Limit Addicted Gamblers•Provide GA Meeting Information
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 6
KNOW YOUR CUSTOMER•Underage Gambling•Device ID & IP Geo-Location•High Risk•Detailed Player Data
MONEY LAUNDERING•Velocity Controls•Deposit and Payout Monitoring•Tiered player limits requiring additional identity checks
TAXATION AND PAYOUT•State and Federal Liability•IRS Filing•Net Payouts
PLAYER LIMITS•Fixed Monthly Deposits•Increased Limit Approval•Monthly Account Balance Management
Underage Gambling X X
Velocity Controls X X X
Identity Checks X X X
Address Check X X X
Money Laundering X X X
High Risk X X X X
Brand Protection X X X X
Addiction/Self-Exclusion
X X X
Tiered Limits X X
Know Your Customer
Geo-Location Device IDCentral Clearing
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 7
THE REQUIRED SOLUTIONS
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 8
* Currently processing with existing Verifi customers/ ** Currently integrating/ *** Specs received – under review
A LAYERED APPROACH
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GEO-LOCATION
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DEVICE INTELLIGENCE
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ANTI-MONEYLAUNDERING
USERAUTHENTICATION
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KYC / CONSUMER INTELLIGENCE
Vendor CVendor C
Vendor BVendor B
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 9
WATERFALL TECHNOLOGY
Example: KNOW-YOUR-CUSTOMER
•Typical ID success is between 90% to 95%
•Using a “Waterfall” approach, CAMS flows each unmatched query to the next vendor to improve match rates.
Vendor A Vendor A No Match
No Match
Match
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 10
LAYERED TECHNOLOGY
Example: GEO-LOCATION
•Geo vendors can have false positives/negatives
•CAMS “Layers” vendors that respond to simultaneous call-outs
•Merchants receive the CAMS Confidence Score that determines player’s location
Vendor A Vendor B Vendor C
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 11
AGE / ID – FOUR STEPS
STEP ONECustomer Data Entry
Name and AddressDOBSSN
STEP TWOAnalytical Search
Billions of data sourcesIdentity discrepancies
Positive matches
STEP FOURIdentity Results
ApprovalFailure and escalation
KBA (if necessary)
STEP THREEIdentity Fraud DetectionCheck for fraud activity
Fraud detection analyticsMinimize risk and loss
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 12
GEOLOCATION CHALLENGES
Mobile/Web Cam Card Acceptance
• Faster transaction:(4 Seconds vs. 50 seconds)
• Lower abandonment rate
• Frictionless user experience
SIMPLIFY CARD ENTRY FOR YOUR CUSTOMERS – QUICKLY AND EASILY CAPTURE CARD INFORMATION USING THE PHONE OR COMPUTER’S CAMERA
1) Card image captured2) Fields are auto-populated
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL
MOBILE/WEB CAM CARD ACCEPTANCE
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Mobile/Web Cam ID Verification
Show your ID to the web camera
YOUR FOOTER
• Capture ID on mobile/web cam
• Identification is validated
• Increase transaction security
• Added fraud protection
IMAGE CAPTURE FROM THE MOBILE OR WEB CAMERA CAN HELP VERIFY A CUSTOMER’S ID TO PROTECT AGAINST FRAUD AND TRANSACTION RISK.
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL
MOBILE/WEB CAM ID VERIFICATION
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© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 15
PLAYER$7,500
$2,500
$2,500
$1,500(Assume $5,000 Balance Limit)
• Limit exceeded across poker sites
• No consolidated player monitoring
OPERATOR LIABILITY ISSUE
CENTRAL CLEARINGHOUSE THE EXTRA STEP
PLAYER$5,000
$2,500
$2,500
$1,500
(Assume $5,000 Balance Limit)
$5,000
© 2013 CAMS, LLC All rights reserved | CONFIDENTIAL 16
CENTRAL CLEARING HOUSE THE EXTRA STEP
THE RISKS
Multiple AccountsExceeding LimitsProblem GamblerBanking RisksApprovals and 7995Brand Damage
THE SOLUTION
Account LimitsLoss LimitsVelocity ControlsSelf-Exclusion/AlertsDeposit ApprovalObjective Data
AN OBJECTIVE APPROACH FOR MANAGING CUSTOMER RISK ACROSS PLATFORMS
Wireless Password: 9166703926