The Bounceback Loan Scheme (BBLS) was launched at pace to keep British Business afloat throughout the Covid-19 crisis. Backed by the government, and with a focus on speed of payment, the true picture is only just emerging.
Over the last 12 months we've conducted post-award exposure analysis for two Tier 1 lenders to identify their full risk exposure to BBLS fraud defaults.
Both delivered approximately 3,000 loans, with values totallying in excess of £100 million each.
Using a unique blend of our public and private datasets we were able to identify systematic and casual fraud on an incredible scale.
View the detailRelated articles:
Finance, Case studies and interviews, Data syndication
Bounce Back Loan fraud: understand your exposure, strengthen your recovery strategy
Tuesday, December 21, 2021
Read moreUtilities
Identifying fraud and verifying tariffs in Utilities to benefit the customer and provider
Tuesday, April 12, 2022
Read moreData syndication, Research and trends, Ai and predictive analytics
Why anomaly detection is crucial in the fight against fraud (Part 1)
Tuesday, November 9, 2021
Read moreInterested?
Let us prove how we can help you. Click the button below for more details.
Find out more