Unravel even the most complex fraud
Smartfraud is a powerful postcode level indicator of fraud risk that will reduce fraud losses and save costs.
ID and impersonation fraud continue to rise
How exposed are you?
Smartfraud is a powerful, easy to use, postcode-level indicator of fraud risk, built using 100,000 applications and known frauds combined with key geo-demographic data and other predictive data sets. Using Smartfraud at different stages of the customer lifecycle can prevent more fraud, reduce your ‘per click’ transactional fraud fees and reduce your exposure to fraud risk:
Promote - Mailing list suppression tool to avoid likely fraudsters – reduce fraud losses, reduce marketing waste and application processing costs
Apply - Identify highest application fraud risk – reduce fraud losses, reduce per-click fees
Manage - Identify possible account takeover at change of address
Deliver - Identify possible replacement card and cheque book diversion, highlight high-risk delivery areas – determine delivery mechanism from straightforward mail to secure delivery
Collect & Recover - Reduce resource waste – identify fraud hidden in bad debt, divert to fraud processes
A leading retailer using Smartfraud:
Found 50% of fraud in the top 10% of the postcode file
Identified 80% of fraud in the top 20% of the postcode file
Significantly reduced fraud losses and improved delivery times
Smartfraud is supplied as a data file, and is simple to implement. Delivered as an index which ranks the most risky postcodes as a percentile, Smartfraud can be put to work within minutes, and can pay back within days.
Smartfraud is the UK's most predictive postcode-level fraud detection product. For more information about how Smartfraud could help you identify more fraud, please contact us at smartfraud@weare2020.com or check out the additional information below.