2020 sees record year for commercial fraud

10th August 2020 Commercial Credit Management |

European business data, insights, analytics and solutions provider Graydon and UK fraud prevention service Cifas, have announced new fraud analysis which indicates a huge rise in attempted commercial fraud in the first 6 months of 2020. Graydon’s data from its sector intelligence networks has shown a rise of 66% in the value of the average…

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One in four over 50s have cash worries

10th August 2020 Consumer Collections |

One in four over 50s worry cash will run out but new data reveals they have £127,000 tied up in their homes. New research fromSunLife has revealed that many over 50s are struggling financially and have concerns about the future; one in four say they are worse off than they expected to be at this…

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Cifas reveals record number of cases recorded to National Fraud database

10th August 2020 Consumer Collections |

Latest research from Cifas, the UK’s fraud prevention service, has revealed that 2019 saw the highest ever number of cases of fraudulent conduct recorded to the National Fraud Database. In 2019 there were 364,643 cases recorded to the database, and this represents a 13% rise when compared to 2018. More specifically, there were three areas…

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Equifax webinar drives fair and responsible collections conversation

10th August 2020 Consumer Collections |

Equifax has highlighted key discussions on how the COVID-19 pandemic has brought fair and responsible debt collection into sharp focus, and the challenges of managing financial vulnerability following its webinar last month. Hosted by Richard Haymes, Director of Consumer Advocacy, Strategy and Market Development at Indesser, the webinar featured expert insights and analysis from across…

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