fraud prevention

The criminal act of committing fraud is not about to go away. What ever defences we put up, fraudsters have a habit of finding a way around. So whilst initiatives such as chip and pin have reduced fraud committed in shops, rises have been reported in online fraud, from online banking and online retailers.
Our suite of fraud prevention tools is designed to prevent fraud at every stage of the customer lifecycle.

smartfraud

smartfraud is a postcode level indicator of fraud risk. It is a powerful fraud score built using our database of over 100,000 applications and known fraud cases combined with a range of lifestyle data. It's both easy to use and easy to integrate with your existing tools and can be used in Financial Services, Insurance, Utilities, Telcos and Retail.

Promote - avoid inviting potential fraudsters to become your customer
Apply/Quote/Supply - price, offer payment terms or decline according to fraud risk
Manage - flag possible account takeover
Deliver - protect plastics and goods through delivery strategies based on fraud propensity
Collect & Recover - identify potential fraud hidden in bad debt

foil

Foil provides you with bespoke fraud prevention models built from a large pool of known fraud data from a number of lenders. We build you great models using our analytical expertise and a much larger data set from the pool.

Current pools: current account, credit cards, unsecured personal loans, asset finance.

credit abuse models

Credit Abuse is a term we use to describe 1st Party Fraud - never paids, early defaults - which isn't usually identified with traditional fraud tools. Using our bespoke credit abuse models means either avoiding lending altogether to high risk groups or tailoring terms to those who may have been economical with the truth.

Alongside Jaywing products we also provide consultancy on the best tools and processes to use. We make sure our advice is in your interests so of the many tools out there we're likely to advise you to use most of them. The question is how to do it efficiently.