Our experts are at the forefront of developments in the world of identity and fraud; from cutting-edge technology and industry regulations, to fraud prevention measures and identity verification, you’ll find the latest news here.
What do you need to consider when screening and re-vetting…
SM&CR now applies to all financial firms. The onus is on firms to perform adequate checks on their employees before they join the company and at regular intervals afterwards. Read more about what...
Public Sector: Does Fraud Detection need a jumpstart?
Traditional approaches and legacy point fraud management platforms have limitations that can result in too many false positive alerts to investigate and high operational costs, a condition that...
AI, Counter Fraud and the Government: Opportunities in emerging technologies?
Best estimates for the UK public sector suggest that between £31bn and £53bn is being lost from the public purse to fraud and error each year. This is a challenge that requires a constant effort to...
Risk in an open data world
In an ideal world, customers would be granted credit only if they can afford to repay in a sustainable manner and without harming their overall financial situation. In practice, this can never be...
Embedding Data and Analytics into the Counter Fraud profession in…
Over the past few years, the role of data and advanced analytics has grown significantly across Government. Despite this though, the sentiments above are still common when talking about data. The use...
What is the Senior Managers and Certification Regime, and what…
SMCR refers to the Senior Managers and Certification Regime (also known as SM&CR) and as a HR professional working in financial services, you’ll have no doubt heard about it in some form,...
Whose voice is it anyway? A future shift away from…
In a previous blog, I talked about unintended consequences and how factors such as gateway products can allow new attack vectors for fraudsters. As more organisations move towards digital journeys...
Infographic: HR Onboarding Trends 2019
Successful onboarding in a competitive landscape The best employee checks aren’t about ticking boxes. They’re about understanding people. Making sure you hire the right person first time...
Unintended consequences of an inconsistent fraud strategy
This is perhaps an unusual blog as it merges two of my interests in education and identity and fraud processes. In education (I am a Chair of Governors at a secondary school) there is a great deal of...
Why the Contingent Re-Imbursement Model may increase fraud losses
The Contingent Re-Imbursement Model, which defines the circumstances in which a payment service provider would be responsible for reimbursing Account Push Payment fraud victims, is expected to be a...
Top 10 right to work pitfalls and how to avoid…
Right to work is a check required by UK law to ensure that all your potential and existing employees are eligible to work in the UK. The Immigration, Asylum and Nationality Act now means that a...
Why don’t we see more impersonation fraud?
Let’s take a simple sentence and think about it for a minute – “Most people are inherently good”. Most people are not fraudsters. This is important because it means we need to think more...