financial vulnerability
Affordability Checks to Identify Financial Risk
Comply with the new gambling act and offer players a frictionless experience whilst avoiding penalties and fines.
Trusted by industry leaders across the world
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Navigating Affordability Challenges
Gambling operators face mounting pressure to implement comprehensive financial vulnerability assessments. Yet, a variety of challenges impact affordability checks and player protection, leading to compliance difficulties and operational friction.
affordability Capabilities
Build a Full Risk Profile of Your Players
With new gambling regulations being introduced in the UK, coupled with a global concern of problem gambling, the importance of responsible gambling and protecting your players is only increasing.
Financial Vulnerability
Access publicly available records for bankruptcy, CCJ, IVA, HCJ, AO, and DRO, including the ability to customise filtering to only notify your team when a risk profile matches your thresholds.
Application Data
Gain information on 2.5m (44%) of the most financially vulnerable consumers in the UK, using data from high-cost, short-term loan enquiries.
Geo-Affordability
Group public and demographic data summarised at postcode level, categorised into derogatory data, lifestyle classifications, and vulnerability markers.
Mortality
Containing details of around 12 million deceased individuals (85% of all UK deaths), verify if information provided during account opening is potential fraud.
Derogatory Financial Score
Comprising numerous public data derived characteristics using electoral roll, CCJ, and postcode statistics, receive a likelihood to default score for your players.
Property Insights
Acquire insights into a consumer's residential circumstances, including the type of property they live in, its rental history, and associated data.
Country Coverage
Our identity verification services encompasses data from around the globe. Wherever you plan to grow your business, rest assured nCino Identity Solutions has you covered.
246
countries & territories
365m
entities
99.9%
uptime
300m
checks per month
6000+
documents supported
2.3bn
API calls annually
Learn About Gambling Affordability Checks
What is the gambling regulation review?
The gambling regulation review assesses existing laws, including the Gambling Act 2005, to ensure they address current industry practices and protect consumers, promoting responsible gambling and minimising harm.
What are gambling affordability checks?
Gambling affordability checks assess a player's financial situation to ensue they can gamble without experiencing significant financial harm, promoting responsible gambling practices. In the UK, new affordability checks are coming into effect which will assess public data on bankruptcy, CCJ, IVA, HCJ, AO, and DRO.
What does safer gambling mean?
Safer gambling involves practices and measures aimed at reducing the risk of harm to players, including setting deposit limits, self-exclusion options, and access to support services such as GamCare.
What is KYC in gambling?
Know Your Customer (KYC) in gambling is a process used by operators to verify the identity of players at the point of account opening, ensuring they meet legal age requirements and preventing fraud and money laundering..
What does the gambling act do?
The Gambling Act regulates all forms of gambling in the UK, ensuring operators are licensed, games are fair, and vulnerable individuals are protected from gambling-related harm
Do credit checks look at gambling?
Credit checks typically do not include specific gambling activity. However, certain lenders, such as during a mortgage application, may consider gambling transactions if they impact your overall financial health and creditworthiness.
How common is problem gambling
Problem gambling affects a small percentage of the population, but its impacts can be severe. Approximately 3% of gamblers are identified as engaging in at-risk or problem gambling leading to issues that affect their personal, financial, and social well-being.
Is gambling a risk for money laundering?
Yes, gambling can be a risk for money laundering. Criminals may use gambling platforms to clean illicit funds, which is why strict AML regulations and monitoring are essential to prevent financial crime.
