It had a number of layers placed over the original statement issued by HSBC. Our fraud prevention software picked up that this particular bank statement had 7 different fonts which were clearly different to the ones used on typical HSBC bank statements. Authentic bank statements will only have one document layer Homeppl have digital image X-ray technology that can tell when an image or new text has been layered over an original source. You can look in detail at the bank logo for instance and not spot anything wrong. However, scanning a document with the naked eye is not enough these days. Furthermore, the document's resolution is vital when modifying a bank statement, the quality will tend to decrease, which is significant to look out for.

The font and font sizes used across an original bank statement will remain consistent. Fraudsters tend to get careless with these details, so it is essential to look out for them as this is your first warning sign. Inconsistencies in fonts, text size and even the bank's logos are modifications we regularly detect. The first and most telling sign of a fake bank statement is its appearance. How we detect fake bank statements and fake payslips Homeppl's Fraud Finder, an advanced document analysis and fraud detection tool can instantly detect manipulations and edits to bank statements, payslips, tax returns, invoices, pension letters and student letters in seconds. This is due to a subpar standard of referencing and a lack of verification technology in these industries. Did you know that 5% of properties in the UK are rented to fraudsters? Or that almost 50% of all motor finance fraud in the UK stems from the manipulation of financial documents? According to CIFAS, 1 in 13 Brits admitted to committing first-party form fraud last year when applying for financial products. It's essential for the financial service provider to accurately assess the consumer risk attached to each application and check for bank statement or payslip fraud. It is commonplace to require a bank statement or a payslip when seeking to rent a property, apply for a credit card or loan, or even secure a mortgage or car financing. Our unique technology can detect 100% of fraudulent applications and one of the most significant elements of our technology stack is our document analysis. Whilst fraudsters are finding new and more technologically advanced methods to avoid detection, they're still no match for Homeppl.

Fake pdf bank statements