KYC
Know Your Customer — the verification of a player's identity, age and source of funds as required by gambling and anti-money-laundering rules.
KYC (Know Your Customer) covers the checks an operator performs to confirm who a player is: identity and age verification, address confirmation and, at higher thresholds, source-of-funds evidence.
Where it fits in operations
Requirements vary by jurisdiction — some markets demand verification before the first deposit, others before withdrawal or above defined thresholds. KYC works alongside AML monitoring and responsible-gambling controls, and weak processes are among the most common reasons for regulatory penalties.
Operators should confirm the exact obligations for each target market with qualified compliance advisers.