It isn’t just shoplifting or machete attacks, the UK is also seeing a huge rise in fraud attempts since Covid, partly fuelled by the mandatory switch to online services, rather than in-person transactions. Both public […]
The Credit Hire Organisation (CHO), the trade body for the UK’s credit hire sector, has commissioned Percayso Inform to build a new anti-fraud platform for their members. Anthony Hughes, chairman and CEO of the CHO, […]
Rob Bevington – Head of Data Science at Synectics Solutions, takes a look at the pros and cons of supervised and unsupervised learning. According to the Association of British Insurers (ABI) in 2021, 49,000 motor […]
Following on from the ABI’s comments earlier this week regarding insurance fraud, here are some insights from Kajal Vakas, Senior Vertical Market Manager Claims, at LexisNexis UK and Ireland. Any method of fraud detection needs to find a balance […]
Research from digital identity security specialists, ID Crypt Global, reveals that the fraud detection software industry has increased its market size by 55% 2020, but warns that growth is set to slow in the coming years. […]
This is good news for any anti-fraud software platform, claims handling department, or claims management company. In theory, it could help automate various ID background checks at the point of quote or renewal. Here’s the […]
Insurance fraud always goes up when times are tough. It’s a fact. But unlike the recessions of the early 1980s, or 1990s, this time we have a digital economy, which means that data is useful […]
Sales of luxury watches are a big thing in Hong Kong and Southern China, which is where many wealthy people live and work. The risks of loss, damage or theft are perhaps not as high […]
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