Identity and Fraud

What the End of the Driving License Counterpart Means for Insurance Fraud

Posted on Jul 27 2015 by

On 8 June 2015 driving licence counterparts were officially abolished by the DVLA in favour of View Driver Record – an electronic database where people can access the information previously held on their paper counterpart licence, such as vehicle licence types, penalty points and convictions.

Contactless cards and data theft – what’s the problem?

Posted on Jul 24 2015 by

The mainstream press have been all of a flutter, with the story that fraudsters with scanners can walk down the street and steal card data from contactless cards while we go about our daily business. But how much of a problem is this? Who suffers the most loss?  And what can be done to protect […]

Branchless Banks and the Identity Checking Conundrum

Posted on Jul 23 2015 by

Two headlines caught my eye recently, the first concerned the rise in current account fraud and the second was a new bank starting up – a bank that wouldn’t have any branches.

Guest post: 5 ways to protect against online fraud from Frank Abagnale

Posted on Jul 22 2015 by

What took time, patience, unusual equipment and certain skills years ago can be accomplished in a matter of minutes online today. Technology and the internet have enabled the growth and prevalence of online fraud. For today’s fraud perpetrator, all you need is a laptop, internet connection and some knowledge of how to operate phishing emails.

Adapting to the Taxation Of Pensions Act

Posted on Jul 22 2015 by

With the Taxation of Pensions Act 2014 now in effect, wealth, life and pensions providers are finding their resources stretched with an increased number of customers enquiring about taking advantage of drawing down their pension funds.

Does mobile experience equal customer experience?

Posted on Jul 21 2015 by

It’s clear to everyone in the world of business that more and more people are using their mobile devices to do their banking, shopping and even play games.

Is this the Tipping Point for banks?

Posted on Jul 16 2015 by

Right now retail banking has reached a Tipping Point as more money than ever before is being invested into financial technology ventures. Analysis shows that challenger banks are currently seeing some strong areas of growth.

New industry body will highlight the cost of fraud in the UK

Posted on Jul 08 2015 by

The government’s fraud cost estimate set to be revived. UK’s only indicator on the total cost of fraud to be launched this year.

Current accounts become number one fraud target

Posted on Jul 02 2015 by

Current account fraud has now surpassed mortgage application fraud, which until now had been the biggest target – 83 out of every 10,000 applications.

Three retail banking trends – What does the bank of the future look like?

Posted on Jun 25 2015 by

When we talk about retail banking we’re generally referring to a few ‘big names’, the main high street banks, built up over many decades – in some cases centuries. They have grown and acquired their smaller competitors and are an established presence in all our lives.