Identity and Fraud

Loading...
The evolution of big data – the ‘6 Vs’...

For many organisations there is an elephant in the room – ‘Big Data’. Big Data isn’t new and the term can be misleading. Large data sets have been in existence for many years, built and used by major companies for decades. In fact, many commentators have argued that ‘Big...

Read More The evolution of big data – the ‘6 Vs’
Mid-term adjustment fraud – cut it out and cut costs f...

Mid-term adjustment fraud can lead to losses for you, and your customers. But what does it look like? Some people deliberately change their policy during its term to save money on the initial premium. This is being done in a few different ways, let’s explore the three scenarios: Scenario...

Read More Mid-term adjustment fraud – cut it out and cut costs for customers
New data. What is it and where does it come from?...

New data Data sits at the heart of the digital revolution. The huge volume of digital data being generated by organisations and individuals has played a pivotal role in the growth in the amount of data as a whole. And that’s only going to increase. New data coming from...

Read More New data. What is it and where does it come from?
How will payment regulations drive innovation and redu...

Payment regulations are tightening. Most new and existing rules have a common denominator: the customer. More specifically, the need to know who the customer is and validate their...

Read More How will payment regulations drive innovation and reduce fraud?
How law firms can maximise digital developments...

Customer service is the most important remit for any business. Not being able to give your customers great customer experience can impact your brand reputation and hinder loyalty. In a fast-paced personalised era, people expect simple, instant and easy interactions. This isn’t isolated to any specific task – everything...

Read More How law firms can maximise digital developments
5 key things making businesses vulnerable to fraud...

There are five key factors currently making people and organisations more vulnerable to large-scale cyber fraud. 1. A wealth of stolen data available to fraudsters. Wholesale data theft is one of the fastest growing crimes facing people and organisations today, with hundreds of millions of digital identities compromised every...

Read More 5 key things making businesses vulnerable to fraud
Towards a data-powered future: the evolution of the in...

The insurance industry is going through a period of rapid and transformational change. The explosion of consumer data, pace of new technology and increased focus on digital bring challenges and opportunities for organisations. With it comes a shift in customer behaviours and...

Read More Towards a data-powered future: the evolution of the insurance sector
Pension fraud – affecting more people than ever...

Customer expectations and regulatory change has led to increased responsibility on the provider to protect against pension fraud. Pension freedoms have created greater flexibility and access for customers but also encouraged fraudsters to target customer’s entire pots. If providers get the identification and verification system right they can create...

Read More Pension fraud – affecting more people than ever
In 2040 demand for care homes will have doubled...

Society is changing. People are living longer which presents a challenge of morbidity vs. mortality. In plain English, the longer people live, the more they do so in ill health. To put it in perspective 14,450 centenarians, of which over 750 are aged over 105 live in the UK....

Read More In 2040 demand for care homes will have doubled