Counter-fraud

UK bank branch staff and the police stopped £32m of fraud in the first half of this year through the Banking Protocol, a 65 per cent increase compared with the same period a year ago.

https://www.yourmoney.com/saving-banking/police-and-bank-staff-stopped-32m-of-fraud-in-first-half-of-2021/

The Insurance Fraud Bureau (IFB) and SAS have enhanced their partnership to combat insurance fraud by expanding their combined technology platform, which hosts confirmed fraud and suspected fraud data.

https://www.insurancebusinessmag.com/uk/news/breaking-news/ifb-sas-expand-antifraud-intelligence-capabilities-309257.aspx#.YTkqt4VEQpo.twitter

Auditchain is a decentralised accounting, reporting, audit and analysis virtual machine that automates and provides proof of assurance on the world’s financial and business information.

https://www.cityam.com/crypto-am-is-delighted-to-announce-auditchain-as-streaming-partner/

Businesses in the West Midlands are amongst the best in the UK in conducting identity checks on new customers.

https://www.shropshirestar.com/news/business/2021/09/06/west-midlands-firms-among-the-best-at-identity-checks/

https://www.itv.com/news/meridian/2021-09-03/crackdown-on-blue-badge-abuse-in-kent-assisted-by-new-technology

Newly published data collated by the National Fraud Intelligence Bureau shows a huge spike in fraud and cybercrime so far in 2021.

https://digit.fyi/uk-suffers-1-3bn-in-losses-to-fraud-and-cybercrime-this-year/#.YS-_sbwa3no.twitter

The National Fraud Initiative (NFI) has detected or prevented more than £2bn of fraud since it was launched 25 years ago.

https://www.yourmoney.com/credit-cards-loans/anti-fraud-scheme-prevents-2bn-of-fraud/

London Fraud Forum (LFF), the membership organisation which brings public, private and third sectors together to fight fraud, has announced that following the lifting of COVID-19 restrictions, it will return to hosting its 15th annual conference as an ‘in-person’ event after moving the conference online in 2020. The popular one-day conference will take place on Thursday 14th October 2021, at Guildhall, London.

https://thefintechtimes.com/london-fraud-forum-returns-to-an-in-person-event-for-its-15th-annual-conference/

This document sets out the government’s plan to deliver the change that Britain needs, with less crime, fewer victims, and a safer country.

https://www.gov.uk/government/publications/beating-crime-plan

Police have been authorised to employ 20,000 to assist in combating of crime. One of their first targets is domestic burglary, which we can agree is a horrible crime causing financial and emotional deep distress.

https://www.finextra.com/blogposting/20726/app-and-account-take-over-fraud-online-an-untenable-pariah