Case Study: Apex Bridging automates fraud detection and protects lending decisions with Homeppl Fraud Finder

Apex Bridging blocks £800,000 in fraud with Homeppl

Apex Bridging, a UK bridging finance company, faced the challenge of maintaining its fast, common-sense lending process while protecting itself from sophisticated document fraud, especially on high-value loans. To enhance its operational due diligence without slowing down applications, Apex Bridging implemented Homeppl's Fraud Finder automated document fraud detection service.

The solution from Homeppl automatically verified financial documents like bank statements and utility bills, instantly uncovering digital tampering that evaded manual checks. This resulted in 18% of all submitted documents being flagged as high-risk. Homeppl's technology notably protected Apex from an £800,000 fraudulent application and is now used on 100% of the documents the company processes.

Apex Bridging