UK gambling operators face increasing regulatory pressure around payments, affordability, and safer gambling. PSPs that can help operators meet these requirements gain a clear competitive advantage.
Open banking platforms like Yapily enable PSPs to deliver that advantage, combining real-time financial data with secure Pay by Bank functionality.
1. Customer affordability & source of funds
Operator requirement: Ensure customers are gambling with funds they can afford, not criminal proceeds or unsustainable borrowing.
PSP opportunity: Offer operators automated affordability checks.
How Yapily helps:
Provides real-time bank transaction data (with customer consent).
Supports affordability assessments implemented by operators by analysing income, spending, and commitments.
Cuts the need for operators to request payslips or PDFs — improving onboarding conversion.
2. Anti-money laundering (AML) & know your customer (KYC)
Operator requirement: Prevent platforms from being used for money laundering or terrorist financing.
PSP opportunity: Deliver stronger AML and KYC services as part of your payments package.
How Yapily helps:
Connects every payment to a verified bank account in the customer’s name.
Surfaces transaction patterns to flag suspicious activity.
Provides categorised data to strengthen due diligence.
3. Safer gambling & player protection
Operator requirement: Intervene when customers show signs of problem gambling.
PSP opportunity: Differentiate by offering compliance tools that go beyond payments.
How Yapily helps:
Enables real-time monitoring of player spend vs. affordability thresholds.
Supports automated alerts and limits based on actual financial behaviour.
Facilitates “single customer view” initiatives by making affordability signals easier to share.
4. Payment security & fraud prevention
Operator requirement: Guarantee secure deposits and withdrawals while reducing fraud.
PSP opportunity: Offer a safer, lower-cost alternative to cards.
How Yapily helps:
All payments use Strong Customer Authentication (SCA) under PSD2.
Bank-to-bank settlement means no chargebacks and far lower fraud risk.
Instant reconciliation improves auditability for regulated operators.
5. Regulatory reporting & audit trail
Operator requirement: Provide accurate records to regulators on player transactions and interventions.
PSP opportunity: Deliver built-in reporting capability as part of your payments solution.
How Yapily helps:
Creates a verifiable digital trail of all transactions and affordability checks.
Simplifies UKGC reporting and reduces manual data collection.
Can be integrated into automated compliance dashboards.
Strategic benefits for iGaming PSPs
Win operator business by solving top compliance pain points.
Expand revenue by offering data-driven services alongside payments.
Differentiate competitively from PSPs that only provide card rails.
Reduce operator churn by embedding compliance into the payment experience.
Why iGaming PSPs are choosing Yapily
Yapily enables PSPs to meet UK gambling compliance requirements through one secure, scalable API:
Yapily Data for affordability, KYC, and AML checks.
Yapily Validate for instant account verification and onboarding.
Enterprise-grade API coverage across the UK and Europe, with nearly 2,000 bank connections.
White-label integration so PSPs can deliver compliance as part of their own branded offering.
Proven payments infrastructure with high success rates, instant settlement, and Variable Recurring Payments.
In short: Yapily helps PSPs turn compliance into a competitive edge, giving operators safer payments, automated checks, and stronger player protection.
FAQs for PSPs on gambling compliance & open banking
How does open banking help PSPs support affordability checks for operators?
With Yapily, PSPs can provide operators with real-time access to customer income and spending data, enabling automated affordability checks without manual documents.
Can PSPs use open banking to enhance AML/KYC services?
Yes. Yapily links payments to verified bank accounts and surfaces enriched financial data, allowing PSPs to deliver stronger AML and KYC capabilities to operators.
Does Pay by Bank reduce fraud risk for gambling operators?
Absolutely. Yapily’s API uses Strong Customer Authentication and direct bank-to-bank transfers, eliminating chargebacks and cutting fraud losses.
How does open banking improve reporting to the UK Gambling Commission?
Yapily provides a clean, verifiable audit trail of transactions and affordability checks that PSPs can feed into operator reporting dashboards.
Why should PSPs choose Yapily over other open banking providers?
Yapily combines broad UK and European coverage, enriched account data, and enterprise-ready payments in a single white-label API, giving PSPs the tools to meet both operator and regulatory needs.