Cryptologic has long been known for the integrity
and innovation of its Wager Logic online casino and
poker room software platform. One of the pioneering
software developers in the nineties (along with
Microgaming), it was Cryptologic who introduced security
protocols still used to this day by the Web's top online
casinos.
Continuing their role as a leader in online gambling
security, the Dublin-based software company recently
announced a partnership with Ethoca Limited - a large
global community equipped with an outstanding array of
fraud prevention tools. In other words, Cryptologic is
going to make it even safer to use a credit card or
other payment solution at any of its online casino
licensees.
The partnership is truly a win-win situation for all
parties. Reduced fraud will not only help to save losses
and better protect players, it will allow Cryptologic
licensees to accept more valid player deposits.
Considering Cryptologic's large playerbase, Ethoca's
user community will become that much larger, stronger
and more informed.
Online gambling is a multi-billion dollar industry.
Expectedly, fraudsters are attracted to the chances of
making a quick buck, as there are plenty of bucks
floating around the gaming industry. A long list of
rogue online casinos and
casino blacklists is proof and
precedent of this phenomenon. However, gambling at
trustworthy destinations like Cryptologic powered online
casinos (sorry U.S. players...this doesn't mean you for
the time being), is a sure way to guarantee your safety.
Now, with Ethoca in the mix, the saying "there's
safety in numbers" really holds true. I suppose you
could say that Ethoca is in the business of
"collaborative fraud management" applying to eCommerce
and other remote services. Ethoca serves as a Union of
sorts that protects and informs its members in an
ethical and non-competitive manner. Members get to share
their experiences using a particular remote payment
system, ultimately serving to weed out the bad and
highlight the good.