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Small firms warned over online fraud

More than four years after acquiring Riskdisk - a major provider of credit risk services to small firms - Experian's Ollerton based SME business has 29,000 clients, and the credit check company is now looking to further penetrate the small business sector by using an educational approach. With the private sector hit by more than £45bn worth of commercial fraud each year, Experian is hoping to raise awareness of the problem among SMEs. Experian is also working with small firms that want to secure access to finance on their credit rating. Part of Experian's educational service includes teaming up with Santander to run a masterclass on how to avoid falling victim to fraudsters and protecting a commercial credit score. Paul White, deputy regional director for Santander East Midlands corporate and commercial, said: 'Protecting businesses from online fraud is a massive issue. We want to help businesses grow.'

 

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