Revolutionizing the Online Casino Industry with ClearStake
MrQ.com, the UK’s fastest-growing online casino, has implemented ClearStake’s innovative financial data request solution, leading to a significant increase in player participation for affordability and source of funds checks. This groundbreaking integration allows players to securely share data via their banking app in under 30 seconds, streamlining the verification process.
With 55% of players willingly submitting their financial information through ClearStake, MrQ has debunked the misconception that players are reluctant to provide necessary data for AML and affordability checks. The adoption of ClearStake was a strategic move by MrQ to simplify and enhance the player experience, ultimately leading to improved compliance procedures.
Empowering Operators with Efficient Compliance Solutions
By leveraging ClearStake, MrQ has been able to reduce affordability and AML case review times by 46%, thanks to seamless follow-up requests and reliable data sourced directly from the bank. This shift from manual document submissions to automated data verification has not only expedited the compliance process but also mitigated risks associated with traditional document handling.
The success of MrQ serves as a testament to the effectiveness of ClearStake’s technology in revolutionizing the regulatory landscape for online operators. As the UKGC implements stricter guidelines, operators can look to innovative solutions like ClearStake to navigate compliance challenges efficiently.
Pioneering Technology for Enhanced Player Protection
Savvas Fellas, Founder & CEO at MrQ.com, emphasizes the importance of balancing regulatory obligations with player security and entertainment value. By embracing cutting-edge technologies like ClearStake, operators can uphold regulatory standards without compromising player experience.
ClearStake’s platform offers a robust solution for seamless affordability and AML checks, positioning it as a preferred partner for forward-thinking operators like MrQ. Martin Burt, Founder of ClearStake, highlights the transformative impact of technology on industry operations, showcasing the trust placed in ClearStake by leading brands.
As ClearStake continues to automate compliance processes and enhance player-operator interaction, the future of online casino compliance looks promising. By prioritizing innovation and efficiency, operators can create a secure and engaging environment for players while meeting regulatory requirements with ease.