Las Vegas, NV, January 31,2024- BET99, an online casino and sports betting brand in Ontario, Canada, embarked on a significant digital transformation in their AML compliance program by integrating Kinectify’s innovative technology. The implementation of Kinectify's technology streamlined their operations and set a new industry standard in efficiency, reducing BET99’s average alert disposition time from 12.59 minutes to 3.19 minutes per alert.

Kinectify, a leading anti-money laundering (AML) risk management technology company serving licensed gaming operators in the US and Canada, has developed the leading all-in-one AML platform for the gaming industry, which helps streamline operations, provides visibility, and drives dramatic efficiency gains.

In 2021, Kinectify developed an AML Module specific to licensed iGaming operators in Ontario (iGO operators). BET99 pioneered this technology as Kinectify’s first client in Ontario, paving the way for groundbreaking automation for iGO operators across the province.

“Kinectify’s monitoring platform has become a key part of our compliance program, allowing us to identify potential suspicious activity quickly and efficiently and minimize risk to our business”, said Jared Beber, CEO of BET99. “BET99’s engagement with Kinectify reinforces our AML and risk management programs and provides us with the cutting-edge technology necessary to remain compliant and competitive in the current Ontario market.”

Engaging Kinectify’s advisory services was another strategic step for BET99 that enables the BET99 compliance team to instantaneously augment their staff in real-time to address influxes of work. Staff augmentation, a common practice in AML risk management in other industries, had not been a commonly available service in gaming AML until the launch of Kinectify Advisors. 

“Now gaming organizations have access to cutting-edge tools and impactful services like real-time staff augmentation,” said Joseph Martin, CEO of Kinectify. “I’m particularly impressed with the performance of our AML module driving down unnecessary manual processes and the time it takes to decision potential suspicious activity by over 75%.”

Kinectify believes in providing leading-edge technology to the gaming industry. The company recently rolled out AI-based watchlist, PEP, and adverse media monitoring in partnership with Quantifind, a premiere provider of AI-powered watchlist screening and negative news monitoring technology. In Q1 2024, Kinectify is on-schedule to deploy a range of new capabilities for gaming risk management professionals.

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The full case study results can be found here.

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ABOUT KINECTIFY

Kinectify is an AML risk management technology company serving gaming operators both in the US and Canada. Our modern AML platform seamlessly integrates all of the organization’s data into a single view and workflow empowering gaming companies to efficiently manage risk across their enterprise. In addition, Kinectify’s advisory services enhance gaming operators’ capacity with industry experts who can design and test programs, meet compliance deadlines, and even provide outsource services for the day-to-day administration of compliance programs.  

To learn more about Kinectify and book a demo, visit www.kinectify.com. 

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ABOUT BET99

1000007698 Ontario Ltd. ("BET99") is an online gaming website and mobile application open to customers physically located within the province of Ontario. BET99 offers a number of betting products, including sports betting, in-play betting, casino, and live casino. BET99 is licensed with and regulated by the AGCO and runs its website (on.bet99.ca) as part of the regulated iGaming market conducted and managed by iGaming Ontario.

To learn more about BET99, visit www.bet99.com.

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https://www.einpresswire.com/article/685185274/bet99-slashes-alert-disposition-time-to-3-19-minutes-with-kinectify-s-aml-software-setting-an-industry-record