SkillOnNet Partners with ClearStake to Modernise EDD and Source of Funds Across PlayOJO Portfolio
SkillOnNet has selected ClearStake to replace manual enhanced due diligence (EDD) and source-of-funds checks with bank-based verification across its brands, including PlayOJO, starting in the UK. The market is the logical entry point, where tightening affordability regulation and rising compliance costs are putting sustained pressure on operator margins.
Eyal Naor, COO of SkillOnNet, said:
“Enhanced due diligence is central to sustainable growth in regulated markets. ClearStake allows us to strengthen controls while improving speed and consistency across the player journey.”
Martin Burt, CEO of ClearStake, added:
“EDD is a core revenue, risk and operational challenge for operators. The ClearStake platform is built to optimize these processes, helping operators make faster and better decisions without relying on manual document checks.”
Shift to Real-Time Financial Data
The integration replaces document-heavy workflows with real-time financial data via bank connectivity, enabling automated affordability assessment and decisioning – reflecting a broader trend toward platform centralisation and infrastructure upgrades seen in partnerships such as Playtech Becomes SkillOnNet’s Exclusive Bingo Provider. For operators, this translates into fewer manual reviews, reduced compliance overhead, and faster resolution of high-risk or high-value accounts.
From Static Checks to Event-Driven Controls
ClearStake’s system allows operators to trigger checks selectively and define decision thresholds, moving EDD from static document-led processes to event-driven risk controls. This aligns with evolving UK regulatory expectations, where affordability is increasingly assessed on an ongoing basis rather than through one-off checks.
Conversion and Retention Impact
Removing manual document handling is likely to improve conversion at key friction points. Traditional EDD processes introduce delays and player drop-off, particularly during high-value interactions – while broader content and platform strategies, including partnerships such as Endorphina joins SkillOnNet to Boost Global iGaming Reach, continue to enhance engagement and retention across operator ecosystems. Bank-based verification compresses decision time, supporting stronger retention across VIP and mid-tier segments while maintaining compliance standards.
Supplier Shift and Data Model Competition
The deal reflects a broader supplier shift: EDD and affordability are becoming automated infrastructure layers rather than back-office functions, mirroring wider industry movement toward deeper supplier-operator integrations as seen in Playtech and SkillOnNet Expand Long-Term Partnership with New Launches in Portugal and Brazil. Vendors are now competing on data access, decisioning logic, and regulatory alignment. For operators, the key question is which model-bank-based, bureau-led, or hybrid-can deliver the lowest compliance cost per player while maintaining defensible affordability assessments, particularly as expansion beyond Open Banking-heavy markets remains uncertain.
Source: ClearStake
