Contego: The most extensive network of risk and ID intelligence

£73 billion: cost of fraud to the UK economy

contego — Wed, 04 Apr 2012 14:55:02 +0000

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46%: organisations admitting fraud losses

contego — Wed, 04 Apr 2012 14:54:44 +0000

Are your new customers providing fake drivers licences or passports?

contego — Tue, 03 Apr 2012 14:01:23 +0000

Use our drivers licence and passport checking service to ensure that your new customers identification is genuine!

To find out more information on this service please contact your account manager on info@contego.com or call 01235 841549.

Cass Entrepreneurship Fund invests in Contego

contego — Thu, 02 Feb 2012 20:28:33 +0000

The Cass Entrepreneurship Fund at Cass Business School, part of City University London is pleased to announce a £350,000 investment in Contego Fraud Solutions.

Contego works in partnership with online classified advertisers, law enforcement agencies, and counter-fraud forums to detect and block fraudulent listings. The business was founded by Adrian Black, a graduate of the 2011 New Venture Creation Programme at Cass.

Contego has secured the offering from the Cass Entrepreneurship Fund and a further £50,000 from angel investors.

Jane Reoch, Cass Entrepreneurship Fund: “Online fraud is a significant and growing issue for both consumers and businesses, and Contego provides a highly effective solution. The team at Contego have a wealth of experience in this sector and we are delighted to be involved in backing them.” The Cass Entrepreneurship Fund is a £10m investment fund providing finance for start-up and early stage companies across the Cass Business School community. The Fund was established in 2010 with the support of Peter Cullum, a high profile Cass MBA alumnus and the Founder of Towergate Insurance.

The Fund forms part of the Peter Cullum Centre for Entrepreneurship at Cass which offers access to venture funding as well as entrepreneurship teaching programmes.

Contego Founder and CEO Adrian Black : “The investment from the Cass Entrepreneurship Fund means that we can develop and progress this exciting new concept. Our pilot project has attracted interest from a range of companies, from smaller specialist firms to FTSE-250 companies and we hope this investment will cement the concept’s global potential as a counter-fraud tool.”

Contego reaches final of Saïd Business School Venture Fund Competition

contego — Tue, 10 May 2011 14:25:02 +0000

Four companies have been selected from among over 70 initial entries to pitch at the final, which was attended by over 300 enthusiasts from the University of Oxford and the Oxfordshire investment community.

The companies will pitch to distinguished panelists Sir Philip Green, Sir Victor Blank and Karl Peterson at the final of the competition which will be held at the Saïd Business School on May 11th 2011.

Green & Grow has developed an environmentally friendly and cost-effective product based on biopolymers which, when added to water, enhances the yield of agricultural crops many times
Off.Grid:Electric builds, owns and operates small-scale solar electricity generation and distribution stations serving populations and businesses that are not on national grids
Contego, which offers automated fraud detection systems to publishers of online classified advertising
TheySay, which utilizes research conducted by Oxford University’s Computer Science Department in the area of sentiment analysis in text

The annual competition is open to students and alumni of Saïd Business School, as well as members of Oxford Entrepreneurs who are University of Oxford students or alumni. The fund provides entrepreneurs with seed and early-stage capital for new ventures and to date has invested a total of £675,000 in five businesses. The Fund is student-led and provides students with the opportunity to experience investing first hand. In 2010/11, eleven students were recruited from the current class MBA and Executive MBA classes to serve on the investment committee that manages the Fund with support from the University and external advisors.