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BasePoint Analytics
BasePoint Introduces Sophisticated Fraud Detection Solution for UK Mortgage Lenders
November 8th, 2008
BasePoint Analytics(R), a leading provider of scientific fraud and risk analytic scoring solutions, announced the availability of the FraudMark(R) for Origination UK solution, the first pattern-recognition fraud detection solution that identifies the specific fraud patterns of UK mortgage applications. Built on the FraudMark scoring technology that enabled US lenders and investors to prevent over $2 billion in losses, this version has been personalized to the specific fraud patterns of the UK market, including solicitor and buy to let fraud. The FraudMark for Origination UK solution enables lenders to minimize fraud, improve risk management and reduce losses. BasePoint...
Source: Law & Health Weekly (2008-11-08)
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