Fraud & AML Controls
- Client
- Gaming client, crypto and blockchain payments
- Role
- Account lead and delivery owner
- Type
- Fraud and AML integration
- Status
- Delivered
( Overview )
A gaming client taking crypto and blockchain payments was losing thousands of dollars to fraud. We added fraud detection, identity verification and AML screening, and fraud claims fell by more than 80%.
I owned the project end to end: scoping it, selling the fix, leading delivery with the developers and supervising quality.
The integration took four months. I then monitored the results for three months to compare against the period before.
- Scoping
- Selling the fix
- Delivery lead
- Quality supervision
- SEON
- Identity verification
- AML screening
- Before and after tracking
( The problem )
Three kinds of fraud, all costing real money.
Chargebacks, fake accounts and bonus abuse added up to thousands of dollars on a platform that takes crypto and blockchain payments.
What was costing them
- Chargebacks
- Fake accounts
- Bonus abuse
Controls added
- SEON fraud detection
- Identity verification
- AML screening
What we measured
- Fraud claims, before and after
- Three months of monitoring
(opens full size in a new tab)Fraud detection
A SEON integration to score and catch suspicious activity.
Identity verification
Checks that stopped fake accounts at sign-up.
AML screening
Anti-money-laundering checks, which matter on a platform taking crypto and blockchain payments.
Quality supervision
I supervised quality alongside the development team and DevOps throughout the build.
How it came together
Four months to go live, then three months of monitoring.
- 01 / Scope
Size the problem
Chargebacks, fake accounts and bonus abuse mapped to the controls that would address them.
- 02 / Integrate, 4 months
Build with the developers
Delivery of the SEON, identity-verification and AML integration, led and supervised by me.
- 03 / Monitor, 3 months
Compare to before
We tracked fraud claims after launch against the period before.
( By the numbers )
- 80%+
Drop in fraud claims, before and after
- 4 months
From kickoff to live
- 3 months
Monitored after launch
Fraud claims fell by more than 80%, measured over three months against the period before the controls went in.