Anti fraud

"More than £40 million is lost every day to fraud in the UK."
Glovers, Solicitors and Privy Council Agents, 2007

Commercial fraud is on the increase, from betting and insurance fraud to retail and credit card fraud, software piracy and identity theft. And with individuals and gangs becoming increasingly sophisticated in how they operate, thanks to technologies such as the Internet, businesses need to be one step ahead to prevent financial - and reputation - loss.

Countering commercial fraud, however, requires predictive knowledge, drawn from the effective management, tracking and analysis of high volumes of transactions. That’s why more and more commercial organizations, from the Horse Racing Regulatory Authority to the Welsh Food Fraud Agency and National Insurance Crime Bureau, are choosing Memex software to collate and analyze intelligence which enables them to successfully track and prosecute perpetrators, and in many cases prevent fraud before it happens.

Our intelligence solutions decrease the time it takes to complete an investigation, improve their quality, and help companies and agencies build cases for successful internal disciplinary hearings and in some cases litigation.

Key to fraud protection is collaboration across multiple systems, and Memex’s technology supports this collaboration. A federated search facility allows you to search your own systems, those of a partner organization and a syndicated data source, for example, and return the results in a single list.

Memex also provides intelligence management systems for criminal intelligence, national security, brand protection and anti piracy.