{"id":2962,"date":"2023-07-31T09:58:22","date_gmt":"2023-07-31T09:58:22","guid":{"rendered":"https:\/\/surepay.nl\/telecom\/"},"modified":"2023-09-18T14:10:23","modified_gmt":"2023-09-18T14:10:23","slug":"telecom","status":"publish","type":"page","link":"https:\/\/surepay.nl\/en\/telecom\/","title":{"rendered":"Telecom"},"content":{"rendered":"\t\t
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Energy supplier prevents fraud with IBAN Name Check<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Customer case study of an energy supplier <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"API-icon-05\"\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Integration of API\nfor organizations<\/strong><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Improve customer acceptance process<\/strong><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Less depreciation<\/strong><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Smooth onboarding of new customers<\/strong><\/h6>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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A green energy provider is deploying the IBAN Name Check to improve the customer acceptance process and deter fraud. This makes them the first energy supplier to use this service.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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This checks the data of those signing up for an energy contract. If the data is incorrect, the submitter will receive an automatic message to update the data.<\/p>\n

In half the cases, the data is then updated and thus the energy supplier has the correct and validated customer data. The other half do not match the data and thus do not become customers. These are potential frauds: Providing false personal and payment information is a persistent problem for energy suppliers. In the past, for example, it was common for fraudsters to provide a foundation’s IBAN. This causes unjustified collections and reversals and takes a long time to figure out. With IBAN Name Check, these cases are prevented as early as onboarding.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Combining the IBAN Name Check<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The energy supplier also uses a Credit Check. However, when false data is provided, this check can falsely give a positive result. By combining the IBAN-Name Check, you can be sure that the Credit Check is done about the right person or company. Mistakes and frauds are thus immediately spotted.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Persistent problem<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Back in 2014, the daily Metro reported, “Energy suppliers suffer losses due to personal data fraud and pass this on in the energy bills of Dutch households. Many millions in bills remain uncollectible by the grid operators, because the applicants for the power turn out not to live at the addresses or simply do not exist.”<\/p>\n

Needless to say, this increases the cost of energy suppliers. Loyal customers suffer as a result. Using the IBAN Name Check, these frauds can often be prevented and energy providers have fewer write-offs.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\"By integrating the SurePay IBAN Name Check, we have been able to drastically reduce fraud and uncollectible accounts. This benefits our existing customers!\"<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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– Director of energy supplier<\/i><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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More interesting customer case studies<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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IBAN Name Check for\nCompanies help Grolsch at\nprevention of fraud<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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After attempts at fraud at a
international fellow brewery, is
Grolsch are going to use the
IBAN Name Check for Businesses.<\/p>\n

Read customer case study \u2192 <\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Decrease in fraud and\nfake orders at STRATO<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Since the introduction of the IBAN Name
Check we see over 80% less
fraudulent orders relative to
from a year earlier.<\/p>\n

Read customer case study \u2192 <\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Mitros improves processes\nby using IBAN Name\nCheck for Business<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Thanks to this solution, we know for sure
That we can get to the right person or
organization pay.<\/p>\n

Read customer case study \u2192 <\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Ready to get to
getting started?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Create an account immediately and receive \n50 checks free!<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Create account \u2192 <\/a><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Discover the benefits of integrating \nof our API<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Schedule a meeting \u2192 <\/a> View Developer Portal \u2192 <\/a> <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Energy supplier prevents fraud with IBAN Name Check Customer case study of an energy supplier Integration of API for organizations Improve customer acceptance process Less depreciation Smooth onboarding of new customers A green energy provider is deploying the IBAN Name Check to improve the customer acceptance process and deter fraud. This makes them the first […]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"class_list":["post-2962","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nTelecom • SurePay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/surepay.nl\/en\/telecom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telecom\" \/>\n<meta property=\"og:description\" content=\"Energy supplier prevents fraud with IBAN Name Check Customer case study of an energy supplier Integration of API for organizations Improve customer acceptance process Less depreciation Smooth onboarding of new customers A green energy provider is deploying the IBAN Name Check to improve the customer acceptance process and deter fraud. 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