High-Demand Products and Solutions
Identity verification and identity authentication solutions are currently in very high demand. Because the rate of identity fraud continues to rise, along with this trend, most businesses that offer credit must comply with the Red Flags Rule initiative as well in order to avoid federal penalties.
In 2003, the Red Flags Rule was mandated as part of the Fair and Accurate Credit Transactions Act (FACTA). This act was implemented in response to a rise in identity theft claims, particularly within the lending industry. With these guidelines, the federal government requires creditors and financial institutions to implement a system of checks so that they may “identify, detect, and respond to patterns, practices, or specific activities that could indicate identity theft.” Now, qualifying accounts must have Red Flag compliance procedures in place by June 1, 2010.
Identity verification solutions are a key component to this initiative. EVS solutions can verify and authenticate end-user data in seconds, providing an integral part to an organization’s Red Flag compliance plan.
Learn our solutions and incorporate them into your overall selling strategy with our agent partner program. We provide solution overviews, detailed demonstrations, and product training to aid your implementation.
Use EVS solutions to strengthen the security of your privately labeled programs. Our products are tremendously effective when integrated into larger systems. Implementation is extremely flexible, and we provide technical support for every step along the way.