Co-operation is key to fraud fighting strategy

Insurance companies can work together to beat fraud, without losing competitive advantage, according to one IT consultancy.

While many organisations are concerned that sharing customer information means sharing competitive advantage, specialist IT consultancy, Detica, has stated that it can be done without giving vital information to rival organisations.

"The Financial Services Authority estimates the financial sector is losing £11bn per year to economic crime and fraudsters recognise that the

To continue reading...