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Article: ID Insight Enhances Industry Leading FACT Act Compliance Solution.
- Article from:
- Business Wire
- Article date:
- December 16, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ID Insight Announces New Features to Enable Turnkey FACT Act Compliance for Growing User Base of More Than 500 Institutions
NORTHFIELD, Minn. -- Identity-fraud risk-assessment company ID Insight today announced a new feature set to its Safe2Change(sm) and CompleteID(sm) offerings to help customers not only comply with the new identity and address change screening requirements of the FACT Act, but also to capture and retain all the information needed to provide a clear audit trail to serve their examination needs.
As is stated in the Red Flag exam procedures released by federal regulators, financial institutions and creditors will need to be able to ...