192business gains BBFC accreditation for age verification

192business is accredited as BBFC.online compliant for digitally delivered media.

The British Board of Film Classification (BBFC) has recently announced new measures to help prevent children getting access to digitally-delivered age restricted audiovisual content including films and games.

Via the BBFC.online scheme, ecommerce websites that allow customers to watch, download or buy media and film content are required to implement customer age verification.  The scheme requires e-tailers and Video on Demand services to have age verification or gate-keeping systems in place to ensure children are not accessing age restricted content.

Recent BBFC research has shown that 74% of parents are worried about downloads being offered without independent content advice and 91% want to see BBFC classifications applying to films and programmes offered for download.

Andrew Cooke, business manager for BBFC.online says “The BBFC has a strong record in providing enforceable film and media age restrictions for the cinema and the traditional retail sector.  BBFC.online member businesses using the internet to retail or deliver film and media content digitally have the same responsibility. We are recommending that members use independent customer age verification solutions from technology experts such as www.192business.com”.

Michelle Dixon, marketing manager at 192business says “We are excited about the scheme that the BBFC have launched and agree that children should not be allowed to access age restricted content.  The last thing an ecommerce company wants is the negative press if a group of 15 year old boys are found to be purchasing erotic films or little Susie is discovered by her parents watching The Exorcist”.

For more information on our age verification services, please see our age verification page.

For more information about the BBFC.online scheme, please visit: http://www.bbfc.co.uk/bbfcOnline/bbfcOnline.php

Increasing Customer Match Rates

192business recently signed prepaid cards provider M-Cube Media Ltd to help them with their due diligence requirements and fraud prevention needs.

The Money Laundering Regulations state that prepaid card suppliers need to carry out customer due diligence on prepaid cards that have reached a £650 limit and M-Cube are keen to ensure they are compliant with legislation.

M-Cube processes large volumes of card orders each week for their two own brand schemes (On-X MasterCard® Prepaid Card and Orion MasterCard Prepaid Card) and several white label programmes that they manage for various household name clients. Therefore they required an identity verification solution that could be seamlessly integrated into their digital infrastructure.

After moving from their previous supplier to 192business, M-Cube have been able to increase their match rates by 10%, which is allowing more genuine customers to purchase prepaid cards. They are also finding that identity checking is 40% cheaper with 192business therefore increasing their revenues.

Mashallah H.M. Ali, Chief Executive, M-Cube comments, “192business provides an excellent solution for all our due diligence and fraud prevention requirements.  We’re also looking forward to utilising their shared fraud alert databases which will help us to reduce our fraud rates and in the future we will be looking further afield at new territories and will be keen to get 192business involved in international identity verification”.

Michelle Dixon, Marketing Manager at 192business states, “We’re really happy to welcome M-Cube on board as a new customer and pleased that in such a short period of time we have been able to increase their match rates so significantly.”

Retailers Blamed for Fraud Losses

A survey of 1000 London commuters has found retailers are widely perceived as being to blame for credit card fraud and ID theft.

The survey found that 44% of people asked had been affected by fraud of ID theft, with an average amount of £1448 stolen per person. In addition 37% of people reported not getting their money back. The survey also found that those who had less money stolen were the least likely to recover their funds.

60% of people blamed retailers for making the vulnerable to fraud, whilst only 12% blaming their bank or the banking system. A quarter blamed online retailers for their losses, whilst face to face transactions in shops, hotels and restaurants etc were blamed for a further 20%.

Whilst only based on opinion, the perception of retailers being insecure is enough to damage brands, and in addition act as a barrier to sales. This survey claims that 34% of people asked claimed that they had stopped shopping online as a result of being affected by fraud.

The survey is released as the online payments website ‘Blippy’ is receiving maximum negative exposure for releasing customer credit card numbers in html, which were then subsequently indexed by Google. Other high profile data breaches from companies such as TJX may have also added to the unease of some consumers in trusting retailers to keep their details secure.

The sample also said that whilst 70% of people trusted online banking, only 36% trusted websites from well known brands, and bad news for start-ups, only 19% of people would buy from any website.

The survey was commissioned by Information Security Europe 2010; a leading Information Security event held at Earls Court, London, from 27th–29th April 2010.

For more information please visit: www.infosec.co.uk

Making Money Transfer Safer

Foremost money transfer software systems provider RemitONE and leading identity verification provider 192business have joined forces to provide international money transfer companies and banks with safe and secure money transfer technology platforms that will also verify customers’ identities for full know your customer (KYC) checks.

The HM Revenue and Customs are the supervisory authority for Money Service Businesses and ensure that the Money Laundering Regulations 2007 are upheld.  The HMRC have developed their own guidance to these regulations which mentions in detail the legislation that money transfer, cheque encashment or Bureaux de Change businesses need to adhere to.  When the transfer of funds exceeds 1,000 euros, customer due diligence measures need to be applied.

“The $350 billion money transfer industry is rapidly evolving and we wanted to provide our customers with very advanced fraud prevention and money laundering checks integrated into our money transfer technology platforms.  192business are big players in the KYC market with a large number of international databases which will significantly enhance our KYC offering to clients”, comments Aamer Abedi, Director of Marketing at RemitONE.

Michelle Dixon, Marketing Manager at 192business states, “The surge in money transfer is great for the industry but we know that our customers are keen to ensure they are protecting their business both from fraud and also adhering to the relevant sections of the Money Laundering Regulations.  We are excited to be working with a highly experienced money transfer technology solutions provider like RemitONE whose clients can now make use of 192business’ advanced KYC tools through the RemitONE systems.”

Find out more about our money transfer compliance solutions here.

Tottenham Hotspur 1 Fraudsters 0

Tottenham Hotspur rise to top of their league when it comes to stopping fraudsters

Tottenham Hotspur have recently signed leading identity verification supplier 192business to secure their site against fraudsters trying to purchase goods.

By utilising 192business’ Prove-ID solution, Tottenham Hotspur are accessing a variety of databases such as credit reference data, putting several hurdles in front of fraudsters.  The high match rates achieved through using 192business solutions ensure they are stopping fraudsters but allowing their genuine football mad fans to continue shopping.

Victoria Howarth, Head of Retail comments, “We have chosen to work with 192business due to the need to make our website as secure as possible for the customers who shop with us.  It is also about an additional layer of checks that help us to protect our business from the ever present threat of fraud.”