FDS DataPoint is comprised of three unique data assets
FDS ReFile helps insurers detect if claim documents have been used previously in other claims either internally or externally with other insurers.
FDS FileStorm utilizes a database of millions of images to determine if a policy holder have downloaded data from the internet for use in a claim.
FDS will alert if a document is generated online. Many dubious websites provide services to create fake invoices, receipts and other credible digital documents.
FDS ReFile helps insurers uncover fraudulent policy holders by sharing unique document fingerprints and identifying locations and devices used in previous claims both internally and externally.
The ReFile technology automatically creates data assets, that benefits all FDS users. FDS ReFile is constantly expanding to serve as an important anti-fraud resource.
Two examples of FDS ReFile in action
If the same document is used in two different claims, we differentiate between Local and Global FDS ReFile. Local FDS ReFile is triggered if the document has been submitted before in another claim inside your organization and Global FDS ReFile is e.g. if insurer A receives a claim document that has been used previously with insurer B.
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FDS ReFile is not just about the same document. If a certain geographical area has high claim counts, FDS ReFile will alert if another insurer has reported fraudulent claim documents from the same location. The Location area can be configured to, “10×10” or “100×100” or similar, this would be unique in the example of staged incidents.
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Policy holders have access to millions of photos on-line that can be used as supporting documents in fraudulent claims. The FDS FileStorm data asset generates a FDS fingerprint of files that are available for download on the internet. The FDS FileStorm Database consists of millions of images of products that are widely used in fraudulent claims, such as watches, electronics, luxury goods and bicycles.
FDS FileStorm includes files from sources not indexed by Google and therefore a Google Image Search will not be able to identify the files. FDS FileStorm is constantly expanding to serve as an important anti-fraud resource.
There are hundreds of sites on the web and the dark web, where fraudsters can create their own invoices, certificates, health records and utility bills etc. PDF artefacts created on these sites are available to users of FDS. If a policy holder has used some of these services to generate a fraudulent document and use it as documentation in a claim, FDS will alert.