To Catch A Fraud
Preventing fraud discreetly for all organizations
By Mitch Clarke, Marketing —
A few months ago, a middle-aged Malaysian man attempted to open a new bank account under a fraudulent identity in the United Kingdom. The man, Kok Cheng Yap, walked into Clydesdale Bank and presented the employee with a passport and other required documents all under the name of Qishu Yu. The employee, however, investigated the situation further by contacting the bank’s fraud department. Needless to see, Yap was alarmed and ran out of the bank.
Why Chase Him Down?
Luckily, police were able to find and quickly arrest him. Though the bank ultimately stopped this identity fraud case from occurring, this situation brings up an interesting point. How can any organization prevent fraud discreetly and efficiently? Yes, they found this perpetrator, but do organizations really want to physically chase every suspect down the street?
Detect Fraud Discreetly
IdentityDetect™ can help organizations of all types by gathering information from potential customers and measuring their responses, and applying a scoring algorithm to determine a credibility score for the person. If the person is not who they claim to be, IdentityDetect™ will alert discreetly so the proper authorities can be notified and justice can be served. Best of all, this happens in less than 3 minutes!
