Released on: June 2, 2008, 2:05 am

Press Release Author: Adam Smith

Industry: Internet & Online

Press Release Summary: To combat the increasing \"impersonation of the deceased\"
(IOD) Fraud Smart ID Plus has further enhanced their mortality databse with 12
million death records.

Press Release Body: Tracesmart Corporate, leading suppliers of consumer tracing,
data cleansing, identity check solutions and the E-ID manual have ensured that they
will continue to hold the UK's most comprehensive mortality database with the
acquisition of 12 million death records. Spanning 1960 - 1983, the records are to be
incorporated into their online identity check and fraud prevention tool - Smart ID
Plus. The addition of these records into their already unrivalled mortality database
will afford users of Smart ID Plus an even greater level of protection against
'impersonation of the deceased' (IOD) fraud.

IOD fraud is one of the fastest growing types of identity theft in the Britain,
making it crucial for businesses to protect themselves by employing an accurate
identity checking service. Michael Trezise, Managing Director at Tracesmart
Corporate, highlights the importance of mortality screening as part of the identity
check process, \"As well as the financial cost to companies, IOD fraud can cause
unfathomable stress to the deceased person's family - finding out that the identity
of a loved one has been stolen after they have passed is deeply distressing. It is
therefore essential that companies cross-reference customer identity against
mortality records - not only to protect themselves but also safeguard the general
consumer.\"

\"Acquired from the General Register Office, the death records are held on microfiche
and are in the process of being digitised prior to uploading them into the system;
for this task Tracesmart Corporate have employed a third party whose stringent
data-entry procedures will ensure the utmost accuracy. \"The company we have chosen
to digitise our records have robust procedures in place to ensure data accuracy.
Each record will be double keyed by 2 different operatives and then audited by a
third individual to maintain the highest levels of accuracy. This method will allow
us to enjoy a 99.95% precision rating.\" commented Paul Weathersby, Technical
Director. \"Whilst this process is reasonably lengthy - completion date is early 2010
- it is absolutely vital in order to ensure data accuracy and to provide our clients
with the most precise identity checking service available. The addition of these
death records to our Smart ID Plus system will help prevent companies from falling
victim to IOD fraud, which will inevitably not only save them money, but also
protect their brand.\"

As well as aiding in the fight against IOD fraud, the mortality records will also be
utilised in other areas of their business, such as asset reunification. \"Whenever we
embark on an asset reunification project, there will, inevitably, be a certain
amount of owners of dormant accounts who have passed away. The more mortality data
we have at our fingertips, the quicker we are able to identify these individuals and
contact their executor or next of kin instead. This in-turn speeds up the
reunification process benefitting both our clients and their customers.\" Trezise
concluded.

About Smart ID Plus

Smart ID Plus - www.smartidplus.co.uk - is one of the UK's leading online identity
verification systems. Combining a multitude of consumer datasets with intuitive
technologies and the ability to verify traditional identity documents, the system
allows for identity to be confirmed at the click of a button. In addition to being
utilised for anti-fraud purposes, it is also heavily employed as part of anti-money
laundering due diligence processes. Tracesmart Corporate -
www.tracesmartcorporate.co.uk - is the commercial division of Tracesmart Ltd - UK
leaders in the provision of consumer tracing, data cleansing, identity verification
and data supply services.

Michael Trezise is the founder and Managing Director of Tracesmart. With over 25
years of tracing and fraud analysis experience, his unrivalled knowledge provides
the company with a distinct competitive advantage.

Paul Weathersby is an industry leading IT specialist, who, along with his team,
develops and maintains the cutting edge technologies which drive the company's suite
of services.




Web Site: http://www.smartidplus.co.uk/

Contact Details: Adam Smith - Marketing Manager
Tracesmart Ltd
2 Sovereign Quay
Havannah Street
Cardiff
CF10 5SF
Tel: 02920 474 120
Mobile: 07976 637091
Email: adam@tracesmart.co.uk
Photos Available on Request.