Driving down rental fraud
Nexus Vehicle Rental, the UK’s largest independent vehicle rental provider, has been appointed by the British Vehicle Rental and Leasing Association, the trade body for the vehicle rental sector, to enhance its comprehensive risk management tool for members.
The ‘RISC’ system is available to all BVRLA members and forms a central, data-protected hub of information containing 12,000 cases on active individuals or companies where problematic issues have arisen during the rental period. Any undue behaviour is logged on the system, and can then be viewed by rental companies as a risk check to determine future rental to individuals or companies.
Gerry Keaney, Chief Executive of the BVRLA said, “RISC is one of the key benefits we offer to our rental members so finding the right technology provider to partner with on this project was vital. Nexus impressed us with its knowledge of the rental sector and the efficiency and sophistication of its technology systems.”
The RISC system is designed to make businesses less susceptible to vehicle theft and fraud. It also helps protect businesses against identity theft, customer fraud, negligent damage to rental vehicles and those with poor payment records.
Nexus has been appointed to re-build the system as a result of its industry leading technology expertise. Its own innovative and award winning booking software, IRIS, is one of the most widely used rental management systems in the UK, providing access to over 500,000 vehicles in 1,750 locations.
David Brennan, CEO of Nexus Vehicle Rental said, “We are delighted to have been appointed by the BVRLA. To work with one of the fleet sector’s leading trade bodies is testament to our technological capability and the project is a fantastic opportunity to enhance a critical commercial tool for BVRLA members.”
