Moody’s gives you access to the world’s most powerful comparable data resource on private companies. We have data on more than 460+ million global entities, enabling you to identify the people behind the organization.
Stop fraudsters perpetrating their crimes through your organization. Our fraud prevention solutions help protect your organization, its reputation, and society more broadly.
Effective fraud prevention starts with knowing your customer, and their fraud risk. You need to know someone is who they claim to be before you onboard them and, also if they have been identified with fraudulent negative news or been the beneficial owner for a company involved in fraud.
Understanding business ownership structures before engagements begin can reduce fraud exposure. And having this level of insight helps you stay ahead of new fraud trends before they cost you in losses or reputational damage.
Moody’s gives you access to the world’s most powerful comparable data resource on private companies. We have data on more than 460+ million global entities, enabling you to identify the people behind the organization.
As well as having access to Moody’s own data, you can integrate data from any one of our 25 leading alliance providers for individual identity and verification checks built into your anti-financial crime and fraud prevention processes.
Global, real-time access to primary source company information from commercial registers, financial and tax authorities. This audit-proof data includes company data on more than 100 million companies in 200 countries and jurisdictions – helping to ensure you are sending money to a legitimate corporation.
Tie insights from negative news directly to your fraud platform and get a better sense of the customer’s risk before onboarding, and actively monitor customers or suppliers with fraud allegations and convictions.
Use our adverse media database and intelligent screening services to understand where fraud risks lie and to receive new fraud-related risk alerts against a customer or counterparty profile in near real-time.
We support fraud use cases with comprehensive individual and entity data, intelligent data screening, and an end-to-end case management system where risk profiles for every customer and counterparty are held.
Robust due diligence at the onboarding stage builds a 360-degree view of risk to reduce instances of first-party fraud. And our fraud-related adverse media data can be paired with applicant data to help you make better decisions faster. In addition, our solutions can provide intelligence via API from various partners with pre-existing integrations.
Integrated intelligence ties entities to ownership and suspicious companies, aiding your case investigations. Customer insights, such as negative news associated with fraud, conflicts of interest, or companies that appear to be used for fraud or as shell companies, can be fully integrated into your case management system.
Build a picture of risk with our unique risk engine and risk score technology that creates a profile for each customer or third-party you work with. Complete due diligence checks and our advanced, intelligent screening flags new fraud-related risk events that can be investigated to detect and prevent threats.
Reflecting on a time you were deceived; did you first pause to ask yourself: does this make sense? Overlooking this instinctive question can lead to bad outcomes for consumers, businesses, and society alike.
In this episode of KYC Decoded, we focus on fraud prevention. Joining host Alex Pillow are fraud experts, Greg Richardson, Senior Director of Global Sales at NeuroID, and Kyle Caldwell, Senior Vice President of Fraud Product Management at M&T Bank.
Their conversation covers:
Anything and everything can be a target for fraud if it is perceived to have value. The changing nature of fraud, its many guises, and the different types of people willing to commit it make fraud a particularly tricky area of financial crime management. The good news is there are effective means to tackle and prevent fraud – starting with better fraud intelligence.
The NRRP is a key component of the EU's €723 billion recovery package in loans and grants, agreed in July 2020. While the aim of the NRRP was to support economies across the EU, so many billions of Euros became a massive draw for financial criminals, with fraudsters attracted by the prospect of taking a share of this money. Find out more about the anti-fraud measures being used to counter this risk.
In August 2023, Moody’s announced it has been awarded a new Framework Contract (FWC) by European Anti-Fraud Office (OLAF), to provide company data, information on connected individuals, and risk indicators encompassed in Moody’s Orbis database. The evaluation committee scored the Orbis database 87 out of 100 for the quality of its data and risk indicators.
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