Existence Checks

Impersonation of the deceased (IOD) fraud continues to grow and to effectively protect your business from this threat it is essential that you have robust tools and processes in place to conduct existence checks. Existence checks screen personal contact details against mortality data and consumer datasets to provide you with the confidence that an individual is not deceased and is at their stated residence.

Existence from Tracesmart combines mortality screening (which calls upon death registration information and Halo records) with residency verification (utilising an array of consumer datasets). These checks enable you to:

• Identify the living as stated
• Flag gone aways
• Maintain communication
• Identify the deceased
• Spot potential fraud
• Protect your corporate image

Existence checks are supplied via three service formats – Existence Search, Existence Batch and Existence Alert.

Existence Search

Ad-hoc checks can be conducted at any time via our web-based existence check search tool, allowing you to:

• Identify individual mortalities and gone aways instantly
• Conduct an existence check 24/7

Existence Batch

When you need to conduct existence checks on a high volume of individuals, the most efficient method is to employ our Existence Batch screening tool.

• Screen high volumes swiftly and economically
• Cut costs on traditional manual existence checks

Existence Alert

Our continuous monitoring system offers the highest level of protection from impersonation of the deceased fraud in the UK. The system will conduct existence checks on your customer database on a weekly, monthly or quarterly basis, dependant on your specific needs.

• Automate existence checks
• Effectively prevent fraud

To find out more about our suite of existence checks, and for a free web-cast demonstration, contact us.