CAMS Partners with IDology to Drive Revenue and Stop Online Gaming Fraud
The IDology solution incorporates dynamic identity processes and a fraud prevention platform to support CAMS in increasing customer acquisition, deterring fraud and meeting compliance regulations.
ATLANTA, Jan. 15, 2014– IDology, Inc., a provider of real-time technology solutions that verify an individual’s identity and age for anyone conducting business in a customer-not-present environment, today announced its partnership with CAMS, a multi-tenant Software as a Service (SaaS) solution powered by Verifi and operating in the online lottery and gaming space.
CAMS utilizes the IDology solution to further maximize the efficiency in which they collect and manage player information. Through advanced identity processes and fraud algorithms, IDology supports the CAMS platform in monitoring and complying with regulations, facilitating payment deposit and withdrawals and meeting operator business rules. IDology is currently supporting CAMS with state lotteries and real money online gaming in New Jersey and Nevada.
Organizations such as CAMS operating within age-restricted industries such as lottery and online gaming can rely on IDology to quickly confirm an age while maintaining customer privacy and meeting the guidelines set forth in the Children Online Privacy Protection Act (COPPA). IDology provides additional insight into an identity to drive revenue, decrease costs, and prevent fraud.
“We are extremely excited to announce our partnership with CAMS,” said John Dancu, CEO of IDology. “As age-restricted commerce continues to grow, it becomes more important than ever to protect our youth and keep the products and services attended for adults out of the reach of children. Our solution helps CAMS not only determine minimum age, but it also provides a deeper insight into the validity of an identity along with fraud patterns to help meet compliance and prevent fraud.”
“Given the increasing level of identity theft, just validating that a customer is of age is no longer enough,” said Matthew Katz, CEO of CAMS. “IDology’s solution enables us to better prevent identity fraud and expand our commitment to reducing risk while also escalating customer acquisition.”
IDology’s real-time and on-demand suite of solutions provide gaming operators and platform providers like CAMS great flexibility in addressing differing state gaming regulatory requirements while also helping prevent various levels of fraud.
About IDology, Inc.
IDology, Inc. provides real-time technology solutions that verify an individual’s identity and age for anyone conducting business in a consumer-not-present environment to help drive revenue, decrease costs, prevent fraud and meet compliance regulations. Founded in 2003, IDology offers a solution-driven approach to identity verification and fraud prevention that ultimately helps increase customer acquisition and improve customer experience. IDology has developed an innovative and on-demand technology platform that allows customers to control the entire proofing process and provides the flexibility to make configuration changes that are deployed automatically – without having to rely on internal IT resources or IDology’s customer service – so customers can stay ahead of the fraud landscape while maintaining compliance. For more information, visit http://www.IDology.com or call 866-520-1234.
About CAMS, LLC
CAMS is a multi-tenant Software as a Service (SaaS) solution powered by Verifi, Inc. offering gambling operators the ability to collect and manage player information, assists with monitoring and complying with regulation policies, facilitates player account limit disbursement and payout management and taxation all within a white label solution customizable for each site. CAMS, LLC, is headquartered in Los Angeles, California. For more information on CAMS, please call 323.655.5789 or visit www.CentralAMS.com
Verifi™ is a leading provider of global electronic payment and risk management solutions for card-not-present merchants. The highly customizable payment and real-time reporting platform serves as a foundation for Verifi’s suite of fraud solutions and risk management strategies. With a commitment of reducing risk while increasing profitability for clients, Verifi’s multi-layered approach enables transaction risk management and mitigation, business optimization strategies, cardholder authentication and chargeback re-presentment for all major credit card brands. Verifi is PCI Level 1 certified and headquartered in Los Angeles, California. For more information on Verifi, please visit: http://www.Verifi.com or email us at Info@Verifi.com.