Vantage - Fraud Prevention

Fraud Prevention

Fraud is a growing world wide problem and increasingly so in Australia where it is estimated that it now costs Australian businesses over $4 billion a year. In the past few years, Australia has seen a rapid increase in fraudulent activity as fraudsters use limitless ingenuity, combined with readily available low cost technology, to manufacture fake identities to illegally secure credit.

The stories below refer to our fraud prevention solutions – read about tools you can integrate into your daily practices to help your business to grow.

	Try before you buy A vehicle is the second most expensive investment most people make. In recognition, Baycorp Advantage has launched a promotional campaign in New Zealand for its vehicle background checking services ... 11 August 2006





	Anti Money Laundering stalemate ends in Australia and New Zealand After a long wait with no clear outcome, there has been significant progress in the last month defining new Anti Money Laundering obligations in Australia and New Zealand - and what banks and finance ... by Chris Gration, Senior Adviser, Business Information Services \| 27 October 2005





	Stronger Identity Fraud prevention tools Identity fraud costs the Australian economy more that $1.1 billion every year[1], and finance sector companies and telcos suffer the largest share of the annual losses of $420 million a year. The ... by Chris Gration, Senior Advisor, Business Information Services \| 27 October 2005





	Edinburgh, fraud and expertise The development and application of predictive modelling for management of consumer credit portfolios is continually evolving and advancing. Consequently, the developers and users of credit ... by Ross Gayler, Senior Research & Development Consultant \| 27 October 2005





	Protecting your most important asset – your identity In the past month, more than half a million Americans had their personal identity details stolen from two specialist information brokers, LexisNexis and Choicepoint.These huge thefts triggered a wave ... by Andrew Want, Managing Director, Baycorp Advantage \| 19 July 2005





	Don’t be a target for fraud Recent trends show there has been a dramatic surge in consumer credit fraud, particularly in counterfeit credit applications. In Australia alone, identity fraud is estimated to have cost around ... by Jane Wilson, General Manager of Business Information Services \| 18 August 2004





	Identity fraud on the increase in NZ Last year, identity fraud cost the Australian economy more than $2 billion, according to the Australian Institute of Criminology, quoted recently in The Australian newspaper. And if New Zealand ... 19 February 2003