Existence Service to Eradicate Impersonation of the Deceased Fraud

Making a concerted accomplishment to brand out Impersonation of the Deceased (IOD) fraud, Tracesmart, arch suppliers of character analysis tools, accept this anniversary launched Existence – a new apartment of casework with the abeyant to annihilate IOD fraud.

IOD is a anatomy of character artifice - it is estimated by the Home Office Identity Fraud Steering Committee, that character artifice costs the UK abridgement £1.7 billion annually. Whilst IOD artifice has historically been harder to accouterment due to the abridgement of afterlife annal accepting fabricated available, contempo changes in legislation accept accustomed the UK General Register Offices (GRO) to absolution afterlife allotment advice (DRI) to bartering bodies with the aim of preventing fraud. It is this move that has enabled Tracesmart to advance their apartment of casework which will accouterment IOD artifice arch on.

Combining all-embracing mortality screening and address verification, the account allows users to ascertain whether an alone is breath and if they abide at their accustomed address. Paul Weathersby, Technical Director at Tracesmart, commented on the abstracts which drives these checks.

"The bloodshed screening aspect of our Existence casework draws aloft the GRO’s DRI abstracts and the address verifier calls aloft a array of chump datasets including celebrated Electoral Rolls, arch gone abroad files and BT OSIS amidst others. The aggregate of these checks allows us to confidently analyze asleep individuals and gone aways."

The Existence apartment comprises three casework with which audience can conduct existence checks. Existence Search is an online ability which can be acclimated to conduct individual ad-hoc checks; Existence Batch is a accumulation screening account area assorted bodies can be absolute and the third, and possibly a lot of cogent service, is Existence Alert - an aboriginal admonishing arrangement that notifies users of mortalities at the ancient accessible opportunity.

Tracesmart has continued provided accoutrement for administering identity checks and has a able history in the acreage of artifice prevention. The aggregate of this acquaintance and acceptance to DRI will accredit the Existence casework to bigger advice put an end to IOD fraud. Mike Trezise, Managing Director at Tracesmart, has already apparent a top aggregate of absorption in the product.

"Prior to barrage we approached several key audience in the alimony and banking sectors to barometer bazaar absorption in the product. As we suspected, the appeal is a lot of absolutely there and we already accept arresting pensions administrators and ample schemes utilising the arrangement to alter certificate of existence exercises, and abounding in the banking area are employing it as allotment of their know your customer checks. Preventing IOD artifice will save businesses ample amounts of money and assure consumers from both budgetary and affecting harm."

Notes to Editors

Impersonation of the Deceased (IOD) Fraud – This anatomy of artifice occurs if the character of a asleep alone is affected and acclimated for counterfeit purposes.
Tracesmart Ltd – Formed in 1999, Tracesmart accumulation a ambit of artifice blockage casework via their cyberbanking character analysis and abstracts cleansing tools. Prominent in the pensions, legal, banking and retail sectors, their artifice blockage systems are relied aloft by businesses alignment from SME to Blue Chip.

Paul Weathersby – Tracesmart’s Technical Director, Weathersby is the active force abaft the development and assembly of Tracesmart's apartment of web-based services, and manages and directs their accomplished IT team.
Mike Trezise – Founder and Managing Director of Tracesmart, Trezise has all-encompassing acquaintance in artifice appraisal and prevention, acquaintance which provides the aggregation with a audible aggressive advantage.

Contact: Adam Smith – Marketing Manager

Tracesmart Ltd
2 Sovereign Quay
Havannah Street
Cardiff
CF10 5SF
Tel: 029 2047 4120
Mobile: 07976 637091
Email: adam@tracesmart.co.uk
Photos/Images Available on Request.