Member Article

Pindrop on Autumn Statement phone fraud prevention measures

Yesterday, during the reading of the Autumn Statement, the government highlighted their intention to give pension firms the power to block suspsicious transfers.

The Autumn Statement featured plans to launch a consultation on how to give pension firms the power to block suspicious transfers to make it harder for fraudsters to open scam pension schemes.

This focus is a positive step forward as it gives them control and provides them with the ability to protect their customers. With this shift taking place, it’s essential that pension firms are equipped with the right tools to make the right decisions.

This is where Phoneprinting™ technology can help as it can identify specific components about each call such as the location a call is coming from, the device, whether it’s a mobile or landline and whether the phone has been used to call the company before. Combined this can aid in detecting fraudulent activity so that pension companies can ensure they are preventing fraud on the phone line and giving genuine customers the service they deserve.

This was posted in Bdaily's Members' News section by Matt Peachey .