Data Specialists Aid Banks’ Anti-Fraud Drive

Banks and insurance companies in the UK have been given opportunity to use the National Criminal Intelligence Service database to meet Financial Services Authority anti-money laundering guidelines Data intelligence expert GB Group plc has tailored its National Register database to help locate and prevent rising identity fraud and money laundering used to finance terrorist and other criminal activity. The move is in response to the biggest wave of international proof of identity legislation ever seen, following the terrorist attacks of September 11th. The National Register is the UK’s largest population database with over 48 million names, addresses and telephone numbers of people in the UK and has been enhanced to target fraud. The database is already in use with all the major Government intelligence services including the National Criminal Intelligence Service, the National Crime Squad and HM Customs & Excise in their fight against crime.


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