True Potential joins Stop Scams UK
Stop Scams UK has added a first wealth management firm to its membership, further diversifying the organisation’s collaborative efforts to fight fraud.
True Potential, founded in 2007, combines personal financial advice with advanced technology to support clients in reaching their financial goals. By joining Stop Scams UK, the company aims to contribute to collective efforts in combating increasingly sophisticated fraud tactics.
Iain Wallace, Chief Risk Officer at True Potential, highlighted the importance of data sharing in fraud prevention and the crucial work being done by Stop Scams UK.
Partnering with Stop Scams UK will enable us to gain valuable insight into scam trends through enhanced data sharing initiatives, strengthening protections for our clients.
Iain Wallace, Chief Risk Officer at True Potential
“Scams related to fraud continue to evolve at an alarming rate, becoming ever more sophisticated,” he said.
“At True Potential, we are committed to providing our clients with security and confidence in their financial journey. Partnering with Stop Scams UK will enable us to gain valuable insight into scam trends through enhanced data sharing initiatives, strengthening protections for our clients.”
The addition of True Potential brings a wealth of expertise from the wealth management sector, adding a crucial perspective to our fight against scams.
Mark Tierney, CEO Stop Scams UK
Mark Tierney, CEO of Stop Scams UK, emphasised the significance of True Potential’s membership, adding: “Fraud is an escalating challenge, and tackling it effectively requires collaboration across multiple industries.
“The addition of True Potential brings a wealth of expertise from the wealth management sector, adding a crucial perspective to our fight against scams. Their participation will help strengthen our data sharing efforts and diversify our approach to fraud prevention. We look forward to working together to protect consumers and drive lasting change.”
