Red Flags Rule
Prevent identity theft with rapid and secure
Red Flags Rule Automated Identity Theft Prevention
Financial institutions and other businesses affected by the Red Flags Rule need to develop, implement and administer a reliable way to prevent identity theft. The backbone of developing a robust identity theft prevention program is finding an accurate way to verify the identity of your customers. Veratad’s identity verification solutions leverage trusted global databases and robust methods that help you verify users and automate the detection of fraudulent actors.
With a streamlined way to know your customers, detecting, preventing and reporting identity theft attempts is easier and more cost-effective than ever.
Demonstrate Full Compliance
Veratad’s API is designed to deliver a high confidence verification of users and combat identity theft. This helps you demonstrate the highest levels of compliance, due diligence and social responsibility to users and regulatory agencies.