Targeting deceased identity fraud

Halo has been specifically designed for deceased fraud prevention for businesses and financial services. Using the Halo system will give key decision makers the appropriate customer identification and verification tools to help eradicate deceased identity fraud.

Halo is a unique system based on a database of over 8 million deceased records, with all data verifiable. Currently, it is the largest and most reliable source of deceased names in the UK, with over 40,000 new names added each month. It addresses the business requirement for an effective and early deceased fraud prevention alert.

For example, it allows a credit manager to stop identity fraud in its tracks by verifying an applicant's details and deceased characteristics at the start of the process. It enables business managers to make more informed decisions, promoting responsible lending. And it helps to authenticate 'your customer'.

Halo is built from the following sources:
Governmental Records – official certified deaths.
Funeral Directors – records supplied by agreement after burial or cremation.
Register Offices – deceased registration notifications.
Data Exchange – through major UK insurance companies.
Deceased Preference Service – consumer collection service.

All data records have been scored with a source indicator flag to give credit managers the confidence to accept, reject or pass applications for secondary checking.

Halo is available as a single file for integration into your own verification process.

Deceased identity fraud is an ongoing issue for all business sectors. And it's not just big organisations that are affected – small companies are also sustaining increasing losses. Of course, it also has a much more far-reaching effect – it can be incredibly upsetting for the relatives of a deceased person to suddenly receive a demand for payment on a loan or credit card they never knew existed. Often, the first they know about it is when bailiffs turn up to enforce payment. If yours is the organisation that has instigated the action, this can do serious damage to your reputation. Fortunately, there's a simple and effective answer.

The Halo deceased file.