MoneyMatrix has documented the release of its identity monitoring application, which places a strong focus on KYC and fraud management in a bid to aid igaming operators to significantly improve their risk management processes.

The identity monitoring application aims to enable operators to make informed decisions, prevent abuse and stay on top of their KYC and risk management functions. 

Operators enjoy automation enabling them to significantly speed up the customer checks and fraud analysis, optimise the accuracy of KYC procedures, and reduce the associated operational costs.

Samoil Dolejan, CEO of MoneyMatrix, commented: “MoneyMatrix covers extensive risk management and KYC processes required by any jurisdiction. The identity monitoring Application benefits of the entire platform functionalities, which includes shareable workspaces, process automation, batch verifications, and real-time transactional data for operational efficiency.

“Moreover, with MoneyMatrix as a key part of EveryMatrix’s turnkey platform solution, clients are getting the best value in the market, especially on the segmentation and content customisation side which are essential in clients’ market strategy.”

Built under the vision of making payments simple, MoneyMatrix, EveryMatrix’s global payment processing gateway, is an EU licensed financial institution and PCI DSS level 1 certified payment service provider facilitating payment processing in over 100+ countries.

MoneyMatrix provides due diligence services to large-scale igaming operators, AI-based identity verification, and KYC regulatory requirements, with additional services included. The platform caters customers operating in multiple jurisdictions thanks to its customer due diligence capabilities and several microservices such as transactional risk score, document verification, proof of address, biometric, PEP, sanctions.