Combating Online Gaming Fraud With Digital Identity Verification

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Gone are the times when online gaming was only limited to LAN parties. Smarter mobile devices and high-speed internet have revolutionized online gaming for good. Due to its growing popularity, more and more online gamers are spending actual money on in-game purchases. From the maker’s standpoint, these in-game goods are a primary source of revenue, but it also exposes them to fraud. As legislators from around the globe tighten the screw on underage gambling and money laundering, the spotlight has now turned to digital identity verification.

How does digital identity verification help in online gaming?

Veripass uses digital identity verification to make online gaming more secure.identity verification for online gaming can be done with facial recognition with Veripass

As of 2019, the online gaming segment raked in over USD 16.9 Billion from nearly 777.3 Million active gamers. Most of these users sign into their accounts through email or other social logins. This poses a real threat to the online gaming industry since there is no practical way to authenticate the age or identity of the user. 

Identity verification services can be the best deterrent for malicious users. They can save gaming companies hefty costs from lawsuits and data theft. Monetary aspect aside, secured identity verification is essential to build confidence within the gaming community. Verified profiles not only help you weed out bad actors but also add to the entire online gaming experience.

Digital identity verification for reliable and secure player authentication

According to a scientific study, players acting under their real-world identity show fewer signs of abusive, antisocial, and criminal behavior. Identity verification technology lets you legitimize the online status of players in a few easy steps. With an AI-based identity verification software like Veripass, gaming companies can stack their different identity profiling needs- all while adhering to AML and KYC norms. Let’s see how Veripass authenticates player identity and detects fraudulent behavior.

Facial recognition-

digital identity verification for online gaming can be done with facial recognition with Veripass

A pack of specialized SDKs enables Veripass to detect a player’s face with pinpoint accuracy. 1:N matching is used for recognizing a face in crowded areas, at odd angles, and different lighting conditions. The AI smartly detects any blurs, blemishes, or glare to ensure only high-quality pictures are returned for identity verification.

ID verification-

Veripass uses an intelligent optical card reader (OCR) to verify ID cards (preferably government-issued). Primarily to authenticate the age of users at high-risk touchpoints i.e., while making in-game purchases or trading points for cash at age-restricted online casinos. 

EndNote

User privacy and data security are vital factors in identity verification, and here’s why you should opt for Veripass. Veripass is SOC-2 Certified compliant, implements AWS Storage 11-nines reliability, is FERPA, GDA, and GDPR ready and also follows 2048-bit Encryption for data in transit and data at rest. These features ensure that the online gamer’s identity is verified seamlessly, and their data is handled with the utmost care.