DETICA INTRODUCTION AND EXPLANATION .
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Detica is an external company that provides fraud detection services to RBS Group. It uses customer information like email, address, phone number, and transaction data to create social networks and identify potential fraud risks. Detica's NetReveal system ranks these networks based on factors like cash cycling, confirmed fraud, suspected fraud, large networks, and cheque spending. The document then lists various tools used in fraud investigations, including profiling customers, searching internal records, reviewing account notes and transactions, checking identity documents, and creating investigation notes with recommendations.
DETICA INTRODUCTION AND EXPLANATION .
- 1. Dear , As per my previous mail,Iam sending you complete details of my job profile and the differentsoft wares that we use to detect External and Internal frauds within the RBS group.This will just give you an idea how DETICA works to prevent fraud in Companies.As per your previous mail to me i have also completed my cv registration with Redsnapper . INTRODUCTION:- Detica:-Detica is an external company which provides a services to the Bank (RBS) by providing a product called NetReveal which manipulates customer personal details to create social networks.these networks are then scored against Risk triggers and are prioritized by level of fraud risk.The system got substantial benefits and prompted the group to purchase the Detica license that allows the Detica NetReveal system to be used as a key fraud prevention tool within the RBS group. What is Detica NetReveal ? Detica NetReveal uses common factors such as e-mail address ,home address,mobile phone number and account transactions to create linksbetween RBSG customers from the information provided by Financial Crime UK.Once these linkshave been establishedDetica then ranks the networks using scoring techniques to identifythe highest potential fraud risks.The networks provided are grouped into the following sub categories : Cash Cycling . Confirmed Fraud. Suspected Fraud. Large Network. Cheque Runaway Spend. Different Tools and softwares used during Fraud Investigation :- 1.Profiling the Customers:- AGE. NATIONALITY. DATE JOINED THE GROUP. OCCUPATION. CUSTOMER LOCALITY. MARKER IS CURRENTLY ON THE ACCOUNT.(CREDIT RATING).
- 2. 2.GK3 search:-Gk3 is the internal tool which is very helpful to profile customer and have proper case background .Gk3 also tells which all departments are dealing with the Customer. 3. CUSTOMER EVENT SYSTEM:- CES NOTES are typicallysplit into three main areas: Personal Information:- Here you will see notes such as address changes,name amendments etc. Concerna and Queries:-Here you will see notes regarding charges,chequebooks or card orders. Fraud Notes:-Here you will see notes regarding potential or confirmed fraud. 4.Back Office Investigation:- Turnover. Balance. Overdraft Limit. Source of funds Beneficiariesof funds. Unusual Cash transactions. Concerning cheque behaviors. Unpaid: IN and OUT. 5.Equifax:- Equifax is one of the most valuable fraud tools used to Detica when investigating a customer. Alias usage Multiple individualson voter roll with your customer. Multiple recently opened credits for your cutomer. CIFAS loadings. 6.IMAGE AND WORKFLOW:- iMAGE AND WORKFLOW can be very valuable to your investigations.Image and workflow can be used to find account opening documents and Identification provided at the time of application. 7.Keesings:- Keesings isa tool that you can use to check identitydocuments such as Passport and ID cards
- 3. 8.Visa checks:- If you have suspicious of the false Visa .Passprt validator can be used to identifythe fraud. 9.Voucher Enquiry System VES is used to identifycheque fraud withinthe group. 10.AML :- A set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. In most cases money launderers hide their actions through a seriesof steps that make it look like money coming from illegal or unethical sources was earned legitimately. 11.INVESTIGATION NOTES:- Having completed investigation the information must be gathered to write summary and make recommendations.The summary should make references of all important information gathered through entire investigation tools.The most essential part of the investigation notes is Full Assessment Reports (FAR) which should cover everything in report and the final outcome.