Tag Archives: Transactis

Retailers act to stem fraud, sharing transactional data to enable real-time risk detection and speed up processes

PRESS RELEASE: A number of leading UK retailers have announced they are sharing data through a fraud and loss prevention coalition being launched by consumer insight and anti-fraud specialist Transactis – forging a powerful new weapon in the battle against both professional and opportunistic fraudsters, while strengthening processes that ensure genuine customers receive better service. Continue reading Retailers act to stem fraud, sharing transactional data to enable real-time risk detection and speed up processes

Research reveals growing concern about fraud threat to multichannel and online retailers

PRESS RELEASE: A new Transactis-Retail Knowledge survey of leading loss prevention professionals shows that 88% see retailers placing a greater focus on fraudulent goods lost in transit (GLIT) claims than they were two years ago, and the same proportion view returns fraud as a similar or greater risk. The research also indicates that lost deliveries and returns fraud is no isolated problem: 81% of the experts surveyed see a correlation between GLIT and other types of loss, while 94% see a link between any opportunist fraud and other types of fraudulent activity. Continue reading Research reveals growing concern about fraud threat to multichannel and online retailers

Transactis wins Management Today award for work that could save HMRC billions of pounds

PRESS RELEASE: Consumer insight and anti-fraud company Transactis has been named SME (Small and Medium Enterprise) Team of the Year in the 2014 Management Today Analytics in Action Awards for its work in support of efforts by Her Majesty’s Revenue and Customs (HMRC) to reduce fraud and error related to tax credits. The company’s use of analytics, drawing on data from multiple consumer data sources as well as the information held by the Government, has created template that could save HMRC billions of pounds in the long run. Continue reading Transactis wins Management Today award for work that could save HMRC billions of pounds