Tag: Red Flags

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Compliance and fraud prevention: Doing it right means ...

By: Ken Pruett The great thing about being in front of customers is that you learn something from every meeting.  Over the years I...

Read More Compliance and fraud prevention: Doing it right means taking it seriously
Why a Risk-Based Approach to Compliance?...

Many compliance regulations such the Red Flags Rule, USA Patriot Act, and ESIGN require specific identity elements to be verified and specific high risk...

Read More Why a Risk-Based Approach to Compliance?
Why a risk-based approach to compliance?...

Many compliance regulations such the Red Flags Rule, USA Patriot Act, and ESIGN require specific identity elements to be verified and specific high risk...

Read More Why a risk-based approach to compliance?
Senate approves legislation to narrow scope of the Red...

The U.S. Senate passed legislation recently that would exempt certain businesses from complying with the Red Flags Rule.  Sponsored by Senator John Thune (R-SD),...

Read More Senate approves legislation to narrow scope of the Red Flags Rule
Red Flags Rule – just weeks until the FTC enforcement ...

As the December 31st deadline approaches for FTC enforcement of the Red Flags Rule, we still seem quite a ways off from getting out...

Read More Red Flags Rule – just weeks until the FTC enforcement date of December 31. Well beyond that for clarity.
Advantages of hosted decisioning in Customer Informati...

In my last entry I mentioned how we’re working with more and more clients that are ramping up their fraud and compliance processes to...

Read More Advantages of hosted decisioning in Customer Information Programs
The consumer’s responsibility in preventing iden...

Another consumer protection article in the news recently highlighted some fraud best practices for social networking sites. Click here to read the article. When...

Read More The consumer’s responsibility in preventing identity theft
Small business owners suffer ID fraud at one and a hal...

By: Kristan Frend As if business owners need one more thing to worry about — according to the Javelin Strategy & Research’s 2010 Identity...

Read More Small business owners suffer ID fraud at one and a half times the rate of all other adults
Red Flags Rule deadline slip continues to tarnish a pr...

Well, in my last blog, I was half right and half wrong.  I said that individual trade associations and advocacy groups would continue to...

Read More Red Flags Rule deadline slip continues to tarnish a pretty good idea.
June 1, 2010 Red Flags Rule Deadline is Just the Begin...

Well, here we are about two weeks from the Federal Trade Commission’s June 1, 2010 Red Flags Rule enforcement date.  While this date has...

Read More June 1, 2010 Red Flags Rule Deadline is Just the Beginning
Why a risk-based approach to compliance?...

Many compliance regulations such the Red Flags Rule, USA Patriot Act, and ESIGN require specific identity elements to be verified and specific high risk...

Read More Why a risk-based approach to compliance?
Response to reader about “Red Flags” Rule ...

On Friday, October 30th, the FTC again delayed enforcement of the “Red Flags” Rule – this time until June 1, 2010 – for financial...

Read More Response to reader about “Red Flags” Rule enforcement
Red Flags Rule..It’s about referral management...

Well, here we are nearly at the beginning of November and the Red Flags Rule has been with us for nearly two years and...

Read More Red Flags Rule..It’s about referral management
Solving the Red Flags Rule problem, Part 2...

As I wrote in my previous posting, a key Red Flags Rule challenge facing many institutions is one that manages the number of referrals generated...

Read More Solving the Red Flags Rule problem, Part 2
How Red Flags Rule affects risk managers and complianc...

In my last entry, I talked about the challenges clients face in trying to meet multiple and complex regulatory requirements, such as FACT Act’s...

Read More How Red Flags Rule affects risk managers and compliance officers, Part 2