Organised crime rings are known to use deceased records to fraudulently open credit card accounts, apply for loans, apply for mobile phones, and collect tax returns.
The damage that can ensue from transacting with or marketing to a deceased person, can be devastating to the family left behind.
The charging of “fees for no service” to customers, including dead people, emerged as one of the biggest scandals from Australia’s Royal Commission into misconduct in the banking, superannuation and financial services industry.
greenID with the Australian Death Check
By cleansing your customer information and identifying deceased persons, you will protect your brand, improve customer experience and save money.
GBG is a UK listed company and a global technology specialist in fraud and compliance management, identity verification and location intelligence. We help organisations in financial services, telco, government services, healthcare, education, retail, betting and wagering manage the entire customer journey, from KYC/AML to digital onboarding to ongoing transaction monitoring. Our products are built on an unparalleled breadth of data obtained from over 270 global partners, which help us to verify the identity of 4.4 billion people across 72 countries globally. GBG’s onboarding and identity solution known as greenID is ISO 27001 certified providing secure, privacy-compliant online services that enables organisations to verify the identity of their customers in real-time. GBG is the largest Gateway Service Provider (GSP) in Australia and process over 60% of all commercial Document Verification Service (DVS) transactions.
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