Fraud Prevention Group
Combating Fraud has been a long-standing priority for the GLF and the impact is not small; billions of dollars are lost every year to fraudulent activities. The Fraud Prevention Group wants to change that. In collaboration with I3Forum, the GLF launched the Code of Conduct (Coc) with 7 principles that carriers have committed to adhere to, including a commitment to monitor and report on fraudulent activity. Our Fraud Prevention journey has continued to evolve with an attestation process and peer review joining the list of actionable activities carriers can undertake to prove their adherence to our the CoC principles. We’re now taking this one step further with our Tiered Attestation process which aims to be a recognised certification, with basic, intermediate and excellent standards, propelling the fight against Fraud one step further. Self-governance in the industry is vital and the GLF Fraud Prevention Working Group is the stepping stone to allow that to happen.