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1account and NetBet release eKYC case study
Case study showcases the uplift in player onboarding rates the 1account platform can offer.
1account has been perfecting its UK eKYC offering for some time and after the recently published report where CEO Ben Keirle explained the UK Gambling industry could be losing up to £1bn a year in failed KYC processes, the business can now begin to showcase those theories.
The company today agreed with GIMO, owners of UK licensed operator NetBet, to release the metadata results of the Proof of Concept the parties ran in Q1 2023.
Processing over 6000 lines of player data which was a mix of data that incumbent providers were not able to verify, and some that were, the 1account platform has shown that it can provide a significant uplift in player onboarding rates via data source checks.
Verifying players in this way means fewer do not have to upload ID docs at the point of registration, a known pain point for operators as users abandon registration, frustrated at the extra friction.