Nationwide launches free credit score tool to boost financial confidence
Nationwide has launched a free credit score service designed to make it easier for customers to understand their credit position and make more informed financial decisions. Available through Nationwide’s online banking service and mobile app, the new credit score widget gives customers easy and secure access to their credit rating without affecting their score. The […]
FCA warns over mini-bond and loan note fraud risks as investment losses continue
Fraud prevention professionals are being urged to remain alert to the promotion of high-risk investments, as the Financial Conduct Authority (FCA) warns consumers continue to lose money through unregulated loan notes and mini-bonds. The regulator says the recent failure of litigation funder Woodville Consultants Ltd, which raised money from retail investors through unregulated loan notes, […]
Fraud Detection with Machine Learning: How AI helps prevent fraud
Fraud detection has always depended on identifying signals that something isn’t quite right. What has changed is the volume of information businesses can analyse, and the speed at which suspicious behaviour can now be identified. Traditional fraud controls typically rely heavily on predefined rules: block a transaction above a particular value, challenge a login from […]