Global information and insights provider, TransUnion, is leading the way in the gaming sector by unveiling its new Open Banking for Gaming solution.
With a market-leading categorisation engine, built with over a billion transactions, this new solution incorporates more than 330 categories and sub-categories to give gaming operators a quick and easy way to manage their players and promote safer gaming.
Adam Hancox, director of gaming at TransUnion in the UK, commented: “We’ve created this new bespoke solution for the gaming sector by drawing on our expertise in affordability assessments. As well as helping operators make informed and responsible decisions, and strengthening existing relationships, our new solution offers an enhanced digital experience for players, thanks to a purpose-built screen flow which takes them through the consent and authorisation required for Open Banking.”
TransUnion’s Open Banking for Gaming dashboard enables operators to gain insights into a player’s affordability, with transaction categories and filtering options, to make considered player risk decisions using consented data.
A combination of bank statements, warning flags, employment data and other sources means that gaming operators are able to determine a player’s affordability and source of funds in a matter of minutes, helping to ensure player safety.
TransUnion already works with many of the UK’s leading names in gaming and has designed this as a tailormade solution for the gaming sector to support friction-right player experiences whilst helping operators to deliver safer gaming strategies and fulfil regulatory responsibilities.
Furthermore, TransUnion recently announced its strategic investment in Bud Financial Limited (Bud) – a leader in Open Banking and data intelligence – which will allow the company to further grow its Open Banking offering and jointly develop the next 
generation of solutions.
Source: ffnews
