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A DfID spokesman said: "The UK takes a zero tolerance approach to fraud and corruption.
In addition, Mr Miliband would like to see a specialist banking unit set up with the Serious Fraud Office to tackle the "weak and fragmented" approach to fraud investigations.
A DfID spokeswoman said the report had recognised some of the department's work – which reflected its "zero-tolerance" approach to fraud and corruption – adding that DfID has anti-corruption and anti-fraud plans for each country it provides with bilateral aid.
The study, titled "Building an Effective Representation for Dynamic Networks," originated as an approach to fraud in the telecommunications industry.
Bringing that together with our own strengths in physical identity attributes will give our clients across all forms of commerce and geographies a more reliable, comprehensive approach to fraud and identity risk management while maintaining the privacy and security principles our customers have come to expect," said Risk & Business Analytics CEO, Mark Kelsey, in a statement.
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The effectiveness of the feature set is in rivaling the other approaches to fraud detection.
Supervised, semi-supervised, and unsupervised approaches to fraud detection have been proposed for the telecommunications, credit, insurance and health-care industries.
In refreshing its approach to reducing fraud and error, the department needs to continue to improve its understanding of the root causes of fraud and error".
But MPs claimed last night that the FSA's plans laid bare the failings of its approach to food fraud and mislabelling.
A glance at Klinefeldt's 2011 press releases suggests that he takes the MacBride approach to mortgage fraud: only the little guy has anything to fear.
"We support these steps towards a joined-up approach to food fraud to tackle the web of confusion exposed by the horsemeat scandal," the Which?
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