As a Credit Professional, you use customer related information to make sound credit decisions, but are you doing enough to detect fraud before goods are shipped, bad debts are incurred and money is spent trying to recover the loss?

Chris Torenbeek, one of Veda’s Fraud & Identity Specialists, explains how fraud is moving beyond financial institutions, and how an increase of fraudulent activity in the trade credit sector has been enabled by the adoption of automated processes and lax verification of identity.

Chris has assisted hundreds of organisations to meet their obligations under the Anti-Money Laundering & Counter Terrorism Financing Act. He is a trusted advisor to risk, compliance and credit managers looking to introduce best practice ‘Know Your Customer’ programs to avoid fraud or unnecessary risk in financial dealings with customers.