Hollywood Bets to deploy ClearStake’s ID by Bank

(PRESS RELEASE) -- Hollywood Bets has agreed to integrate ClearStake’s ID by Bank product as the operator moves to optimise and streamline its customer due diligence processes.

The partnership with ClearStake means Hollywoodbets’ players in the U.K. will soon be able to verify their identity in seconds via their banking app, negating the need to manually upload documents.

ClearStake’s technology also has a strong track record of reducing the operational burdens around CDD checks.

Tyla Labuschagne, Compliance Manager at Hollywoodbets, said: “Customer due diligence is a critical part of operating responsibly. By integrating ClearStake’s ID by Bank solution, we will be able to make identity checks faster and more intuitive for customers, while significantly reducing the manual workload for our teams. It is allowing us to improve compliance outcomes, streamline operations and remove friction at key moments in the player journey.”

Martin Burt, CEO of ClearStake, added: “One of the biggest challenges operators face is completing customer due diligence efficiently without adding unnecessary friction to customers or operational teams. By allowing customers to verify their identity securely through their banking app via ID by Bank, operators like Hollywoodbets can complete CDD checks in seconds, reduce reliance on manual document reviews and strengthen compliance outcomes.”