69% of French businesses say they had suffered at least one fraud attempt in 2022, i.e. 7 out of 10 companies, according to AllianzTrade data. This fraud affects all businesses, in all sectors and of any size. Among the most common fraud techniques, we note documentary fraud, which is increasingly developed, especially with the advent of open access technologies such as editing software or generators available in two clicks on the Internet.
Not always easy to spot, these scams can be very expensive for your business, both financially and reputationally. So, How do you know if you really need a fake document detection solution ? Discover 7 signs that don't deceive in this article.
A fake document is a document that was intentionally created or modified.. It can be any type of document, such as a RIB, a pay slip, an invoice or even a passport. These false documents are used in order to deceive, to obtain illegitimate advantages or to commit criminal activities, such as in the context of money laundering or terrorism.
💡 Did you know?
In the world of insurance, for example, it is considered that one French person out of 5 has already evaded insurance, according to a study conducted by LeLynx. These frauds then push insurers to increase their prices, which has a direct impact on policyholders.
Document fraud has serious consequences for businesses. The amount of detected and proven fraud is estimated at 587 million euros, according to Maxence Bizien, Director General of Alfa (Association for the Fight against Documentary Fraud), interviewed in the Finovox Fraud Hunters podcast. In the banking world, the same year, The amount of fraud would have increased to 525 million euros, according to Statista.
These scams have a direct impact on businesses, including:
In the worst cases, significant damage caused by fraud can lead your business to bankruptcy, as was the case with the Urica company.
🤔 How could Urica have avoided bankruptcy?
Thanks to software for the detection of false documents, the company Urica could have checked the documents sent and avoided false invoice fraud.
Do you think your business is at risk? Because prevention is better than cure, we suggest that you see, through these 7 points, whether your organization could need software to detect false documents.
In France, government regulations in terms of identity verification and the fight against fraud have increased considerably in recent years. Banks and insurance companies must now meet strict requirements: they must thoroughly analyze the identification documents of their customers, especially in a constant fight against money laundering and the financing of terrorism. It is possible with software to detect false documents!
Did you know that document fraud increased by 100% in 2021, according to Archimag ? Insurance compensation fraud, bank subscription fraud, or recruitment fraud... Fraud attempts are becoming more and more common in all sectors and in businesses of all sizes. It is to fight against and strengthen your teams that a fake document detection software may be necessary.
The number of fake documents in circulation is not decreasing, especially with the advent of retouching software or fake generators available online. Powerful, it is difficult to detect documents manipulated or created on these platforms with the naked eye. A detection tool with AI can be a major ally in the fight against document fraud in your business.
To protect your business and analyze the documents of new registrants in real time, software to detect false documents is essential! All your detection procedures are automated and your teams remain productive by focusing on their high added value tasks.
As technology evolves, it is essential for businesses to modernize their work tools to remain competitive. The integration of counterfeit document detection software allows you to stay up to date with the latest technological advances in document security and verification.
Manual document verification processes are subject to human error and can be time consuming and expensive. Automated detection software streamlines these processes, reduces operational costs, and improves accuracy. You allow a better quality of detection, investigation and analysis for your teams.
To help you deploy your process, read our article: How do you sell an anti-fraud project internally?
Your business reputation is one of your most valuable assets. If your business has been affected by significant cases of fraud, it can cause lasting damage to its reputation. Using software to detect false documents helps to restore customer trust by demonstrating a commitment to the security of your customers' data but also of your customers' assets.
To know the other consequences of fraud on your company, read our article: The risks of document fraud on your business
🎁 Bonus : having anti-fraud software allows you to maintain stable prices with your customers! Yes, the financial loss linked to fraud then no longer has an impact on the prices you charge in your business.
Do you recognize yourself in these proposals? What if it was a sign to adopt software for detecting false documents such as Finovox ?
To maintain control over document fraud, the best tool then remains the software for detecting false documents. These allow, in a few clicks, to detect manipulated documents. This is the case with Finovox. Available in API or SaaS format, it allows you to equip your anti-fraud teams and support them in their daily tasks.
Our software is developed using its own artificial intelligence and helps you to analyze a large quantity of scanned documents in a few seconds, in complete security. It makes it possible to detect, identify and explain any type of fraud.
Through document analysis, you can investigate to determine where the alteration is located. At the end of your analysis, you are then in a position to provide a form of justification and to refuse - or accept - the documents that were provided to you, in particular thanks to the summary sheet in PDF format that the solution provides you with each analysis.
Would you like to know more about our Finovox tool? Contact our experts!
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