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Vision

Proactively monitor your customer base against the National Fraud Database and receive real-time risk alerts as they occur.

*additional cost required

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Real time alerts to changes in your customer fraud risk level

Vision constantly monitors your customer data and sends real time alerts when your customer fraud risk level changes. Know instantly if your customers have committed first party fraud or money muling elsewhere, or if they’ve been a victim of fraud.

How Vision helps - If your customer data matches a case filed to the National Fraud Database (NFD) by one of our 750+ members, Vision will alert you. For example if a mobile number associated with another members misuse of facility filing is within your customer data you will be instantly alerted to investigate whether there is a potential fraud risk to your organsation. 

How does Vision work?

Flexible integration to meet your needs

  • Host Vision in your environment or in our Cloud
  • Manage alerts and work queues using Vision screens or your own system
  • Maintain your customer data file that Vision constantly monitors via API or by a batch file upload
  • Connect additional datasets to identify further risks associated with your customers
  • Filter alerts to receive only information you need. For example you can see alerts relating to potential mules in your customer base

One Vision

Get Alerts on other Cifas databases such as:

  • APP Victim Check – alerts to victims of APP fraud in your customer base
  • Alerts when an employee is filed to Insider Threat Database or the National Fraud Database for first party fraud
  • Intelligence – alerts when entity level data in fraud intelligence matches your Customer Data
  • Future datasets are coming soon

Alerts are at Subject (person) level saving investigators time and reduces the number of false positive alerts.

Who's It For?

  • NFD Members with a customer base to monitor

The Benefits

Support PSR requirements

Reduce reimbursement costs and align to consumer duty and KYC regulations

Proactive risk management

Protect your customers and reputation

Protect victims of APP fraud

You will soon be able to receive alerts of victims of APP fraud to monitor and/or support

Identify victims of fraud

Get alerts to identify victims within your customer base

Reduce fraud exposure

Prevent fraud losses quicker

Save fraud investigators time

They can focus on investigating alerts cases, not on manually screening your customer base

Case Studies

Tide implement Vision

By implementing Vision, Tide have streamlined their customer monitoring process and significantly reduced manual checks and errors. With real-time alerts configured to Tide’s preferences, they can now proactively identify and address potential fraud risks, safeguarding their customers accounts and protecting their business. Vision will also help Tide reduce received Authorised Push Payment (APP) fraud with alerts to potential money mules in their customer base. Tide can investigate these accounts and close or monitor closely to prevent funds from victims being received into them.

‘The NFD has proven its value over the past five years in detecting and preventing fraud. Combining Vision made sense to drive further efficiencies, reduce risk and gain a more comprehensive understanding of our customers. This is enabling us to stay one step ahead in the fight against fraud.’

Matthew Tataryn, Director of Financial Crime, Tide

 

FAQs

How much is Vision?

Vision has a simple set up fee, an annual licence fee and support fee dependant on your organisations size and choice of integration.

Register Your Interest?

Interested in enhancing your organisation’s fraud protection capabilities? Register your interest today to learn more about how our tailored solutions can safeguard your business against a wide range of threats. Our team will provide you with all the information you need to make an informed decision.

REGISTER NOW