We understand that in the fight against mortgage fraud, intelligence is key. That's where Great Britain's most accurate and up-to-date geographic intelligence can help to both uncover and prevent fraudulent activity. By building up a more comprehensive picture of properties you are lending on, we can help you to improve both detection and prosecution rates.
A clearer view of properties
Our database can help validate the existence of single or multiple occupancy properties by checking the address actually exists and tracking the lifecycle of an address from planning through to demolition. This is especially useful when an individual property is converted into multiple addresses, alerting you to the potential for fraud.
Identify trends in your data
View hotspots at individual address level
Identify patterns by geographical area, time, frequency or intensity
Identify potentially bogus businesses involved in falsely inflated property appraisals
Present clear comprehensive cases of evidence for improved prosecution
Focus on counter-fraud managers
Ordnance Survey data helps us to compile irrefutable evidence to repudiate fraudulent claims.John Baldock, Director of Investigation Services, Direct Group
Counter-Fraud Managers are advocates of using technology to identify and prevent mortgage fraud. They use geographic intelligence to visualise their mortgage books in a way that you simply can't do with a spreadsheet. Combining this with the ability to verify properties enhances their ability to detect fraud and make faster decisions on whether to investigate further.
With banks holding a wealth of data across many systems, Counter Fraud Managers are able to bring this information together with Ordnance Survey geographic intelligence to see where they are at risk from fraud. This allows them to validate the address, check the current status of the property, as well as view patterns and fraud hotspots, so they can protect their business.
Contact us for more information.