Grace Media, a provider of comprehensive igaming solutions since 2020, has partnered with ClearStake, a premier supplier of smart financial data request technology, to augment its iGaming platform with rapid and precise due diligence capabilities.
Offering a suite of services that includes CRM, compliance, payments, fraud prevention, and premium gaming content, Grace Media serves notable clients such as O’Reels, Hot Streak, and SlottySlots. This collaboration aims to streamline the financial data request process for Grace Media’s clientele, thereby improving player retention through ClearStake’s user-friendly and adaptable solution, which leverages Open Banking technology.
The integration of ClearStake’s technology into Grace Media’s platform allows operators to efficiently conduct income validation, affordability assessments, and anti-money laundering (AML) checks, ensuring compliance with regulatory requirements. The solution offers data that is customizable to align with individual companies’ compliance policies, facilitating a seamless due diligence process.
This strategic partnership is set to provide Grace Media’s clients with enhanced due diligence capabilities, minimizing player abandonment during the verification process and fostering sustainable revenue growth.
Martin Burt, CEO at ClearStake, said: “We’re thrilled to welcome Grace Media as a ClearStake customer as both of our organisations understand just how important it is to solve the challenge of financial data requests to protect revenues and comply with regulatory requirements.
“I look forward to building on the successes we have seen with other operators with this new partnership.”
Charlie Noble, COO at Grace Media, said: “A central element of Grace Media’s product is our support for ancillary services, including compliance.
“With ClearStake, we will be able to make compliance journeys involving financial checks significantly smoother which will help our own clients retain a higher number of players as a result.”
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