ID & F Consulting Ltd
Twenty years in the Identity & Fraud industry, supporting major financial institution fraud and financial crime teams on retail and business banking change programs, leaves me well placed to provide similar consultancy and advisory services. Particularly for FinTech/RegTech start-ups and digital transformation projects, typically operating in regulated markets and very sensitive to compliant due diligence requirements.
My additional knowledge and experience of device recognition tools, cognitive and biometric capabilities, plus ID document authentication technology and the device limitations of each adds further valuable insight. Selecting and integrating the optimal combination of tools, data and services that provide the most cost effective and appropriate layered defences is key. Reducing fraud, financial crime and identity risk whilst minimising consumer friction and referrals for manual exception review is essential.
When you design and build Technology to be flexible, configurable and code-free it is much easier to pivot in challenging times, or at least be able to create answers that most often haven’t got a question yet.
The project below was an effort to leverage the risk and compliance framework to maintain GDPR, regulatory good governance but do so with a safe, simple and secure digital experience. Thus enabling agencies and carers in the community to work together as one: connecting the shielding vulnerable with volunteers, completing the appropriate due diligence on the helpers to safeguard them and the vulnerable, and to then help manage the logistics of delivering the acts of kindness that graced us during the pandemic.
Same tech used for compliance, KYC, AML, Sanctions screening, fraud prevention and anti-impersonation just configured differently with workflow/case management tailored to shopping/dog-walking/errands/chat instead of exception/referral management.
In the same way fraud tools and data can be pivoted to help spot modern slavery risk but aren’t. It just needs a little creative thinking.
What People Say
“Paul is an extremely knowledgeable and credible partner in the challenges around Identity & Fraud. I have known Paul for 15 years now and always been impressed at his understanding of industry issues and trends and also his unique ability to understand what products are available across the Industry to help organisations to solve these challenges.”
MD & Global Head of Fraud Asset Management – (US Global Bank)
“Unparalleled knowledge in fraud management solutions for retail banking and financial services. He is known for his innovative thinking, high professionalism and his attention to detail and these qualities are a few among many that command respect from his peers and the clients he works with.”
Senior Consultant – (Global Consulting practice)
I would recommend working with Paul on any project, as much for his knowledge and professionalism, and also for his infectious personality.
Group Head of Fraud – (UK Bank)
Need some innovative thinking?
Innovation in action – PES App
idnfraud.com 