Real time data matching phase 1
Preventing fraud against financial institutions
NFI has launched its real time data matching service designed to prevent fraud against financial institutions where an applicant has falsely declared they have a right to reside and/or work in the UK.
NFI matches secured and/or unsecured loans applications data with information about applicants that have no right to stay and, if applicable, no right to work in the UK, allowing you to quickly authenticate the immigration status of the applicant and prevent fraudulent applications being approved.
All new applications for credit can be checked on a real time basis. Retrospective checks of your existing customer data can also be matched on a batch basis.
Further information on this service is available in the information sheet below, if you have any queries please contact us.