The enhanced solution now supports all methods for determining gambling limits and helps online casinos fully comply with the new regulations of the Dutch Gambling Authority (KSA).
The Hague, 15 August 2024:
I-Finance Services today announces the integration of Klippa's advanced document processing technology into its already operational Affordability Check. With this integration, the Affordability Check now offers a complete solution that supports all methods for determining gambling limits, enabling online casinos to better comply with the new regulations of the Dutch Gambling Authority (KSA).
rom 1 October, online casinos must verify the affordability of players who wish to gamble more than €350 per month for young adults and €700 per month for adults. The Affordability Check by IFinance Services was already operational and now, with the integration of Klippa's technology, it provides a full set of tools to determine gambling limits in a safe and effective manner.
The Affordability Check offers three ways to determine the gambling limit:
- Open banking: Automated calculation of the gambling limit by, among other things, deducting all actual fixed expenses from the income.
- Automatic calculation of player limits: Upload, read, and calculate 30% of the net income from documents such as payslips or tax returns.
- Manual calculation of player limits: Upload documents for manual review via the online casino's back office.
Benefits for online casinos:
- Regulatory compliance: Comply with new regulations.
- Operational efficiency: Reduction of operational burden.
- Improved customer journey: Reduction of churn risk.
- Flexibility in integration: Operators need only make a single integration and can then choose which method they want to use to determine gambling limits.
Benefits for players:
- Player control: Players retain control over their data.
- Multiple options: Upload documents or use open banking.
Dutch expertise for Dutch regulations
Both companies are based in the Netherlands and specialise in complying with Dutch regulations.
Dion van Duijn of I-Finance Services: "Online casinos are facing increasingly challenging regulations. By integrating Klippa's technology, we can now offer an even more comprehensive solution that helps online casinos easily comply with the stricter KSA regulations. Our solution now supports all methods for determining gambling limits, making our offering unique and complete.
Robert-Jan Verheggen of Klippa: " The integration of our document processing technology into the Affordability Check enables players to manage their data in a safe and controlled manner. This allows online casinos to provide their customers with the best experience while also complying with the highest safety and privacy standards.
About I-Finance Services B.V.:
I-Finance Services B.V., based in The Hague, offers acceptance solutions for financial sectors such as online casinos, credit providers, and energy suppliers. Since 2010, the company has been helping to ensure financial responsibility and privacy.
About Klippa
Klippabased in Groningen, provides document processing solutions for efficient and secure document management. With technologies such as automatic data extraction and fraud detection, Klippa supports various sectors.
