BSA/CIP Client Identification and Verification Requirements
The Bank Secrecy Act or BSA requires a written Customer Identification Program (CIP) for client identification verification. Banks particularly...
Posts about
Identity Authentication (8)
Organized Retail Crime Prevention - Know Your Employees
At the heart of many acts of fraud lies the intentional misrepresentation of identity. When ORC crime rings are attempting to infiltrate your...
Organized Retail Theft - a $30 Billion-per-year Problem
Most loss prevention and asset management personnel make the mistake of thinking that shrinkage only comes from outside shoplifters. However,...
Why eVerify Cannot Prevent Identity Theft
In a recent speech to the GOP faithful, Presidential Candidate Mitt Romney held up Arizona’s immigration control program, which relies heavily on a...
How ID Authentication can help the war against terrorism
The world has changed much since September 11, 2001. Awareness of how fragile our way of life can be, what steps must be taken to protect it and...
Fake Driver Licenses Create Problems for Access Security
In the past, fake ID’s have largely been associated with underage drinkers trying to get their hands on alcohol. But nowadays, fake ID’s have become...
Identity Theft Prevention: The Red Flags Rule
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n the ongoing war against identity theft, individual battles are constantly being waged and won yet the overall threat evolves and remains...
The Threat of Chinese Fake IDs
“Extremely troubling,” is how one Arizona public safety officer described the small items in front of him.“Better than we’ve ever seen” was the...
ID Verification: Red Flags and Customer ID Programs
If you have followed the news at all lately, you have likely heard that financial institutions of all stripes are coming under greater scrutiny,...