Red Flag Rules Software

Protecting your business and clients from identity theft and staying compliant with FACTA’s Red Flag Rules is efficient and cost-effective if you have the appropriate software in place. Automated compliance solutions like ATTUS’ WatchDOG® CIP helps to reduce losses, increase efficiency and maintain compliance.

Features of Red Flag Rules Software

“Must-have” features to look for when choosing your Red Flag Rules software are:

• Capable of quick identity verification of new customers at account opening
• Detects patterns, practices or specific activities typical of identity theft
• Automatically checks a new client’s name against the latest OFAC list and other watch lists
• Ability to run various reports for regulatory compliance documentation

Stay Red Flag Rules Compliant with ATTUS' WatchDOG® CIP

ATTUS’ WatchDOG® CIP compliance software helps to detect discrepancies in identifying information as required by your Red Flag Program, while also providing support for your Customer Identification Program (CIP) as required under the PATRIOT Act. Also, take advantage of additional benefits when choosing WatchDOG® CIP:

• Three levels of identity verification to ensure your institution has employed a true “risk-based” approach
• An “Out of Wallet” feature for an advanced layer of identity verification, posing questions that only clients know and can answer
• A “Red Flag Checklist” to facilitate your institution’s Identity Theft Prevention Program in compliance with Red Flag Rules

Stay Red Flag Rules compliant while reducing costs, conserving resources and increasing efficiency in your institution – call ATTUS to find out why WatchDOG® CIP is the solution for you. Or to learn more about implementing a successful Identity Theft Prevention program at your institution, check out this white paper “Red Flag Rules – Maintaining a Viable Identity Theft Prevention Program.”