Following the money: how can data and technology combine to help governments beat fraudsters?

Image by Kris from Pixabay
November 7, 2023
Global
Fintech

As society becomes increasingly digitalised, the volume of digital data held by – and accessible to – governments is on the rise.

Governments worldwide are increasingly keen to capitalise on this trend, using technology-led solutions to prevent fraud and catch those who have committed fraud.

The UK government, for example, has developed a tool known as Spotlight – which is powered by data from the Companies House, Charity Commission and external providers – to highlight areas of risk to inform grant-making decisions. It also enlisted the help of a fintech company to help detect fraud in Covid-19 loan schemes and help tackle financial crime more broadly.

Also in the UK a Public Sector Fraud Authority launched in August 2022 with a remit to ‘modernise the fraud and error response by widening access, and use of, leading practices, tools and technology’, as well as build a new National Counter Fraud Data Analytics Service to provide advanced data capabilities, such as social network analysis.

But lack of budget, capacity or awareness of potential solutions are among the reasons why many governments are yet to grasp the nettle.

This Global Government Fintech/Global Government Forum webinar will asked questions including:

  • How well structured are government authorities to capitalising on the possibilities of data and technology to tackle fraud?
  • What are the biggest untapped possibilities – and obstacles – for governments when it comes to using data and technology to fight fraud? 
  • To what extent is cultural change within and between authorities and departments required to fully realise the possibilities?
  • How important is international collaboration – both in terms of sharing ‘live’ intelligence and insights on technologies, trends and best practice – to tackling public sector fraud?  

#GovernmentsAntiFraud

Time

USA/Canada Eastern Time (EST): 09:30 – 10:45
Greenwich Mean Time (GMT): 14:30 – 15:45
Central European Time (CET): 15:30 – 16:45
Eastern European Time (EET): 16:30 – 17:45
Singapore Time (SGT): 22:30 – 23:45
Australian Eastern Standard Time (AEST): 01:30 – 02:45

Panel

Laura Díez Pérez, Ministry of Economic Affairs and Digital Transformation, Spain

Dr Marcus Pleyer, Deputy Director General, Digital Technology, Financial Market Policy, Federal Ministry of Finance, Germany

Dr. Marcus Pleyer served as the first 2-year President of the Financial Action Task Force (FATF) from 1 July 2020 till 30 June 2022, after having been FATF Vice-President (July 2019–June 2020) and Head of the German delegation to FATF (2016–July 2019). In his national role, he serves as Deputy Director General in Germany’s Federal Ministry of Finance with responsibilities for policy development and international engagement pertaining Anti- Money Laundering and Counter-Terrorism & Proliferation Financing (AML/CFT, CPF), Financial Sanctions, Digital Finance including Payment Services and Cyber Security. He sits on the board of governors of the German Development Bank for Agribusiness and of the Foundation for Financing the Disposal of Nuclear Waste and is a member of the Steering Group of the World Economic Forum Digital Currency Governance Consortium in Davos, and the FinCyber Advisory Group of the Carnegie Endowment for International Peace in Washington D.C.

Colin Gray, Principal Consultant, SAS UK

Colin graduated in Mathematical Sciences with 1st Class Honours. He started his career training to be an actuary and holds a Certificate of Actuarial Techniques and is a Chartered Statistician.  Since moving to SAS, he has concentrated on the detection and prevention of fraud through the use of Analytics across multiple industries including detection of insider trading on behalf of a regulator, credit and debit card fraud for a high street bank and fraud at a large telco provider.


Webinar chair: Siobhan Benita, Facilitator, Global Government Fintech

Siobhan Benita was a senior civil servant with over 15 years’ Whitehall experience. She worked in many of the major delivery departments, including Transport, Environment, Health and Local Government. She also had senior roles at the heart of Government in the Cabinet Office and HM Treasury, including supporting the then Cabinet Secretary, Lord O’Donnell to lead work on Civil Service reform and strategy. Siobhan left the Civil Service to run as an independent candidate in the Mayor of London election. She subsequently joined her alma mater, Warwick University as Chief Strategy Officer of Warwick in London and Co-Director of the Warwick Policy Lab.