? Dispose of financial information carefully. One of the most common methods of procuring information for fraudulent purposes is to collect discarded credit card receipts. This is usually combined with ?skimming? - the process of taking a card's details, usually with a device that looks like a chip and pin machine. A fraudster using these methods would have enough details to duplicate your card and use it immediately.
? Check your statements regularly. Usually the duplicate card is used within hours to make expensive purchases very quickly. This is tell-tell sign that fraud has taken place, but unfortunately alarm bells may not ring until a certain amount has been spent or you notice irregularities on your statement.
? As well as disposing of any paperwork bearing financial information, always remember to shred all credit card applications you receive ? they can signal to others that you are credit worthy and can make you a potential victim of fraud if found in the rubbish.
? Always sign your credit cards as soon as you receive them - an unsigned card has the potential to be used by anyone whose signature matches the writing on the back of the card.
A sensible precaution while abroad is to keep two different cards ? one on your person and one in the hotel safe and alternate between the two credit cards during the trip. This means that in the event of loss or theft you will not have lost all your spending power.
? If your card is lost or stolen, whether at home or abroad, notify your credit card provider immediately. Once you have informed them, you are no longer liable for any purchases following your call that occur on your card. The maximum payment you will have to pay is ?50 ? and if any transactions occur over the telephone, or over the Internet then you will not be liable for a penny.
There are now many reputable credit card cancellation schemes that you can sign up to. For a small annual fee, you are provided with a facility to store all of your credit cards details in one place as a safeguard. This one stop allows you to almost instantly have a professional cancel all of our card without you have to remember who you have credit cards with, dig up their phone numbers and spend a considerable amount of time on hold.
Lastly it can never be stressed strongly enough: avoid relaying your credit cards details to a third party over the phone unless you have verified the credentials of the party that you are speaking to and know that they are reputable,. Every day, unsuspecting consumers fall into a multitude of traps set by unscrupulous fraudsters
Man Looking Over Shoulder
For most organisations reducing costs means less people and very often training is an early casualty; those who are left are expected to do more with fewer resources - and with less or even in some extreme cases no training.
The impact of this can have a serious impact on the business - particularly when interactions with customers depend on specialist knowledge and processes and the customer experience fails to live up to expectations when staff are poorly equipped to provide a high quality service.
Many of the systems used by customer-facing staff are complex to operate and require a high level of specialist knowledge - which means the users need training before they are really effective. Mis-use of the systems results not only in a poor experience for the customer but also has a negative impact on the business when the quality and accuracy of the data collected during the customer interaction deteriorates.
A good example of complex processes and systems is the registration of patients at U.S. hospitals which require a high level of specialist knowledge and skill in using the hospital information system (HIS) patient access screens and the collection of the payment for the services provided relies on getting accurate information into the system. However, Patient Registration staff are often entry level employees and are operating in a very stressful environment where they are expected to register the patient quickly and accurately and also deal with a variety of systems to get the revenue cycle data collected and into the (HIS) system. Failure to collect accurate data has a negative impact on the bottom line impacting the quick settlement of claims and increasing the need for expensive re-work!
It is often said that it takes three years to train a Patient Registrar and yet the average time in the job is only two years!
Even experienced registrars have a challenge in keeping up with changing requirements and new processes - such as estimating the cost of the procedure and then how to ask the patient to make a payment for the treatment they are to receive.
Solutions to this problem require creative thinking.............
One solution to this challenge is to build decision support tools which are integrated with the main registration system (HIS) to provide help and support to the registrar to enable them register the patient as quickly and efficiently as possible with no errors. To be effective these decision support tools need to be:
Integrated with the Hospital Information system
The decision support tools should be integrated with the (HIS) to avoid the error prone and boring need for re-keying data once a decision has been reached
Capable of quick updating as necessary
The guidance needs to be kept fresh and relevant by the subject experts - not IT!
Fast and responsive
The virtual expert needs to be there when necessary without slowing down the system or the interaction with the patient.
The hospital patient registration process is only one example of the many systems which can be improved by using a Virtual Expert sitting at the shoulder of the agent and any system which relies upon the user to input data during an interaction with a customer can be supplemented by the use this type of decision support tools.
Both Peter Spyr & Chris Woodhead are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Peter Spyr has sinced written about articles on various topics from Leadership, Insurance and Poor Credit. The new Natwest credit cards with a 0% on balance transfers for 13 months provide excellent credit card options that you may chose to explore.. Peter Spyr's top article generates over 60500 views. Bookmark Peter Spyr to your Favourites.
Chris Woodhead has sinced written about articles on various topics from Finances. Chris Woodhead is the Director of Cincom Intelligent Business Applications.For more information about how to improve healthcare revenue cycle applications visit the. Chris Woodhead's top article generates over 590 views. Bookmark Chris Woodhead to your Favourites.
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