First-Party Fraud and the Hidden Drain on Revenues
FICO
MAY 19, 2021
While a debt collection agency can use pan-European tracing to locate debtors, there is no pan-EU pact to enforce payment –– and certainly nothing in Africa and the Middle East. Cross-border fraud is also exacerbated in the UK, EU and Middle East by a lack of cross-border credit bureau facilities.
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