The High-Risk Alert product helps your business identify individuals working in industries or with specific companies that may pose unacceptable levels of risk for your organization. The tool flags these individuals for additional research and analysis. By checking for high-risk phone numbers, addresses, and SIC codes, the High-Risk Alert product provides an early indication of potential problems.
Our system matches and compares the entered business data against various providers to determine if a flagged phone number or address is being used and whether or not the business is considered a high-risk enterprise as defined by its SIC code.
High-Risk Alert is extremely advantageous. The product assists with your company's risk management protocols by allowing you to properly categorize an individual's “high-risk” industry associations and avoid working with that individual if need be. This helps your organization comply with industry and federal regulations while also providing a better management tool for reducing your risk and liability exposure.
- Processing Transactions
- Avoiding High-Risk Transactions
- Transferring Funds
- Originating and Modifying Accounts
- Resetting Passwords
- Performing Due Diligence
- Ensuring Compliance with Federal Regulations