Online quick cash loans provider Payday Express has recently stepped up efforts to combat online fraud and identity theft by bolstering current fraud prevention procedures with the appointment of Daniel Ibrahim as its online fraud manager.
Online PR News – 08-November-2010 – – Online quick cash loans provider Payday Express has recently stepped up efforts to combat online fraud and identity theft by bolstering current fraud prevention procedures with the appointment of Daniel Ibrahim as its online fraud manager.
As one of the leading online payday loans providers in the UK, Payday Express moved away from the traditional paper-based loan application process in favour of a modern and more efficient online application process that borrowers can complete in the comfort of their own homes and at a time that suits them.
As with many online financial transactions this can leave both the lender and borrower open to internet-based fraud such as identity theft. However, by having implemented various online security processes, Payday Express has been able to mitigate these risks while continuing to provide a quick and high quality service to the customer.
In order to keep ahead of the fraud prevention game Payday Express has brought in Daniel who, speaking about his recent appointment, said: “I feel privileged to work for Payday Express, a company that has already made use of a number of highly developed fraud prevention and verification tools. The aim now is for us to ensure these tools are utilised to their absolute optimum.
“The difficulty that faces online businesses today is to ensure that genuine customers are provided with a fast service, whilst tightening the processes to deter fraudsters. This balance can be a challenge, but it is my priority to ensure that all applicants’ details are carefully verified.
“I take pride in protecting the business against fraud, and in assisting the victims and the authorities with any fraud investigations. We always take action against fraudsters and will involve the Serious Organised Crime Agency (SOCA), the UK fraud prevention service, CIFAS, and also report cases to the police. Where possible, we always press for maximum charges.”
As a leading source of payday loans in the UK, borrowers looking for short term loans can be reassured that Payday Express is a responsible lender and takes the necessary measures to guard against online fraud.
About Payday Express:
Payday Express is one of the UK’s leading payday advance loans specialists and has been helping people across the country get access to short-term credit since 1999. The company is committed to responsible lending and provides customers with a discreet and efficient online service to help cover emergency or unexpected expenses before payday.