The UK economy lost £52bn from fraud, according to the National Fraud Authority in 2013. Identity fraud represented over 60% of all fraud recorded, with well over 125,000 individual victims of fraud identified (CIFAS). The London Fraud Forum (LFF) was established to bring the public and private sectors together to fight fraud and financial crime and to protect the UK economy. Members share best practice for fraud prevention, investigation and detection. Contego will be exhibiting at the 8th annual LFF conference on Thursday 9th October: London Fraud Forum.
1, Great George Street,
Contego have been active members since 2012. Contego delivers an in-depth, real-time risk score enabling businesses to reduce risk by improving fraud detection, identity verification and regulatory compliance. Through its single-point solution Contego aggregates best-of-breed data from a variety of sources, including law enforcement agencies, commercial suppliers and social networks to verify individuals and companies.
Whether on-boarding new customers or personnel Contego enables companies to check both individuals and companies at speed, saving time and money. It’s enhanced due-diligence features help to reduce the risk of reputation damage. With its fully secure and encrypted storage, Contego not only helps companies to significantly reduce the risk of fraud, but also delivers peace of mind on security, compliance and data protection.
Join us for a drink and a chat to discuss how our due-diligence platform can reduce fraud and add value to your business.