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Online Casino Project >>> Betting News >>> December News


World Poker Tour to Employ New Online Gaming Fraud Solution

by Ryan O'Donnell, News Staff
Writer
December 12, 2006

Authentication and fraud analyst solutions provider, Digital Resolve, could very well be making a permanent presence in the online gambling industry, now that Digital Resolve has agreed to provide a risk-basked authentication platform for the World Poker Tour's online poker site. Using patented IP Intelligence designed by parent company of Digital Resolve - Digital Envoy - World Poker Tour's online platform will soon be able to detect unusual account activity in real time and help to reduce online fraud by as much as 90%.

WPT began searching for ways to better authenticate its account holder's soon after the U.S. government passed the Unlawful Internet Gambling Enforcement Act. It did not take them long to find Digital Resolve, who is globally renowned for their patented applications. Although Digital Resolve has hitherto mainly worked with financial institutions offering online banking, the great diversity of Digital Resolve's Fraud Analyst solution allows it to be implemented across several industries.

Not only will the software enable backend online operations to identify unusual account activity and spot patterns, it is designed in such a way to leverage certain analytics and research that can be used to identify better marketing angles and customer needs. Digital Resolve's solutions are able to do so through the use of IP Intelligence which uses a transparent platform to take into consideration every login and transaction an account holder makes through the system.

While the latter capabilities are an incentive for the marketing department of World Poker Tour, the real issue at hand is evidently to keep U.S. poker players from opening online accounts. Staying in compliance with current regulations is a main priority for World Poker Tour Enterprises, which President of Online Gaming, Michael Katz, echoed when he referred to Digital Resolve as the only choice for meeting new legal restriction and an increase in fraud.

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