Credit, Collections & Insolvency News
The latest figures from the Crime Survey for England and Wales (CSEW) show continued rises in overall fraud, with a 9% increase in the year ending September 2019, driven by a rise in ‘bank and credit account fraud’ according to the Crime Survey for England and Wales (CSEW). Commenting on the figures Josh Gunnell, Head…
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IHS Markit UK has published its latest Household Finance Index which has shown that optimism in households has risen to a 12-month high in January. Whilst living costs continue to rise at a historically weak rate the report has found a deteriorating appetite for major purchases The Household Finance Index (HFI) – which measures households’…
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Taking stock of the identity verification landscape, Keith McGill, Head of Fraud & ID at Equifax, expects rapid adoption of biometrics in 2020 as it enters the mainstream. McGill said “The biometrics industry has been at a crossroads, with verification technology solutions until now viewed as a roadmap item for many businesses, but as it…
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The value of alleged cybercrime cases reached over £1 billion in UK Courts in 2019, according to research by KPMG – showing fraudsters are becoming more persistent. Sophisticated cyber-crime combined with traditional old school frauds have pushed the value of alleged fraud cases hitting UK Courts in 2019 to over £1 billion. Fraudsters went back…
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