Comment: John Cannon, verification expert, Callcredit
While the cost of identity fraud reached almost £2bn last year, CIFAS estimates that account takeover fraud – fraud when someone uses another individual’s identity to commit fraud – is up around 150% over the past 12 months due in part to the credit crunch. Fraudulent applications for [...]

The British Bankers Association (BBA) has announced today that section 2 of its new Banking Code now includes rules requiring banks to treat customers fairly and to better understand a consumers overall debt exposure, and have a timely view on how this is evolving.
Graham Lund, Deputy Managing Director at Callcredit, comments:
“Callcredit broadly welcomes these changes. [...]