Fraud Prevention Network (FPN) Forum | 4th June 2024

This year, Head of Data and Product Strategy at Company Watch, Chris Oatts spoke about how businesses can identify fake and fraudulent data. In a world where fraud has become the “fastest growing industry”, knowing how to spot suspicious data is critical to good business health.  

Chris also highlighted the vigilance techniques that are key for a comprehensive check of financial risk. Overall, the session gave members important information about the things to look out for and best practices related to financial risk management. 

Throughout the day, several speakers shared their own unique financial insights. Independent Fraud Consultant, Robert Booker talked about the latest facts and figures related to fraud. He also provided a comprehensive breakdown of key financial risk factors to be aware of. Credit Management Specialist at Esker, Martyn Brooke, gave an extremely thought-provoking talk on how AI may be used for fraud prevention.  

Other hot topics from the day included KYC, AML, cybercrime, and others.  

If you missed the Forum, and would like to join sessions in the future, please note that the next edition of the FPN will be taking place on the 25th of September, 2024. You can find more details here: https://blog.companywatch.net/resources/fraud-prevention-network-fpn-forum-25th-september-2024