In brief

Ramesh Sharma

June 1, 2004

Liberal Democrat shadow chancellor Vincent Cable has announced his backing of Paymentcare’s campaign to persuade the Office of Fair

Trading (OFT) to make high-street providers label their protection policies with a clear consumer warning.

Cable said: “There is a place for affordable loan payment protection and there is a genuine case for tighter regulation of the way it is sold by the major providers who have dined out on it for so long.”

Equifax clamps down on ID fraud

Equifax has introduced two services designed to increase business protection. With estimates suggesting direct and indirect costs could be as high as £50 million per annum, Equifax is tackling the problem with anti-fraud tools.

‘ Fraud alert’ provides businesses with support in identifying corporate ID fraud while ‘Fraud watch’ allows businesses to report corporate fraud by using an online form.

CACI market database launched

CACI market database has launched its services online. The site will provide data 24 hours a day and can be ‘easily broken down’. Available via the website the information will also be available through specifically tailored reports.

Simon Chater, head of business intelligence at HBOS, said: “A web-based CACI service will greatly enhance the accessibility of key market data for decision-makers across our business.”

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