Dragnet Solutions Integrates ATTUS WatchDOG Pro Into Accelerated Insight Service for OFAC Checking
27 Novembro 2012 - 11:00AM
Marketwired
Dragnet Solutions, Inc. announced today that it has integrated
ATTUS Technologies, Inc.'s WatchDOG® Pro into its Accelerated
Insight(SM) identity verification service for financial
institutions. Built on Dragnet's proprietary discovery system,
Accelerated Insight is a real-time identity verification service
that helps institutions confidently say yes to more qualified
applicants, including those with limited financial histories. Using
Accelerated Insight, banks and credit unions can better
differentiate customers, grow revenues and prevent fraud, while
complying with such regulations as Know Your Customer (KYC), the
Red Flags Rule, and now U.S. Office of Foreign Assets Control
(OFAC).
WatchDOG Pro, available from ATTUS Technologies, a division of
Computer Services, Inc. (CSI) (OTCQX: CSVI), is an industry-leading
automated OFAC verification solution. WatchDOG Pro screens entity
and individual names against OFAC lists that are updated in near
real time, providing institutions with an easy and efficient method
for monitoring OFAC compliance. It compares customer and vendor
lists against multiple watch lists, including OFAC's Specially
Designated Nationals (SDN) List and Sanctioned Countries List. By
law, financial institutions in the U.S. must check OFAC lists
before opening accounts for individuals or businesses.
"Our goal is to provide financial institutions with a
comprehensive real-time customer-analytics solution for account
opening," said Greg Cote, president and CEO of Dragnet Solutions,
Inc. "By integrating ATTUS' WatchDOG Pro into Accelerated Insight,
we're able to offer a complete, best-of-breed solution to bankers.
Now banks and credit unions can verify identity and check the OFAC
list with a single real-time service, streamlining the
account-opening process while ensuring compliance with federal laws
and regulations."
Compliance demands continue to grow in light of regulatory
scrutiny, and for many institutions, managing OFAC compliance
remains a very manual process. With the integration of WatchDOG
Pro, Accelerated Insight provides the automation that banks and
credit unions need to improve efficiency.
"Today's financial institution leaders face the complex issue of
growing profitability while minimizing risk, especially in relation
to managing compliance with ever-changing government watch lists,"
said Tom Fedell, president and general manager of ATTUS
Technologies. "By partnering with Dragnet Solutions, we can
alleviate many of the compliance burdens by automating the watch
list screening process, which allows banks and credit unions to
bring revenue-generating accounts online more quickly and
confidently."
For a demo of Accelerated Insight, please write to
sales@dragnetsolutions.com.
About Dragnet Solutions, Inc. Dragnet
Solutions provides real-time identity verification and document
authentication solutions to financial institutions, supporting
aggressive account creation and cross-selling activities while
cutting operating costs, reducing fraud, and facilitating KYC/CIP,
Red Flags, and OFAC compliance. Built on Dragnet's proprietary
discovery engine, Accelerated Insight is the only identity
verification solution that gives institutions the real-time ID and
risk/confidence information they need to make confident decisions
about applicants, including applicants in unbanked and underbanked
communities. The company is privately held and headquartered in
Novato, CA. For more information about Dragnet Solutions, visit
www.dragnetsolutions.com.
About ATTUS Technologies, Inc. ATTUS
Technologies, Inc. is a trusted partner, simplifying compliance and
risk management. The company is an industry leader in software and
services for regulatory compliance, homeland security and fraud
prevention. ATTUS serves more than 5,000 clients with solutions
that provide compliance with the requirements of the
Gramm-Leach-Bliley Act (GLBA), the USA PATRIOT Act, the Office of
Foreign Assets Control (OFAC), the Financial Crimes Enforcement
Network (FinCEN), the Bureau of Industry and Security (BIS),
anti-money laundering regulations, the Bank Secrecy Act (BSA), the
Dodd-Frank Act, Regulation CC and Regulation E. ATTUS, a wholly
owned subsidiary of Computer Services, Inc. (CSI), is based in
Charlotte, N.C. For more information about ATTUS, visit
www.attustech.com.
About Computer Services, Inc. Computer
Services, Inc. (CSI) delivers core processing, managed services,
mobile and Internet solutions, payments processing, print and
electronic distribution, and regulatory compliance solutions to
financial institutions and corporate customers across the nation.
Exceptional service, dynamic solutions and superior results are the
foundation of CSI's reputation, and have resulted in the company's
inclusion in such top industry-wide rankings as the FinTech 100,
Talkin' Cloud 100 and MSPmentor Top 100 Global Managed Service
Providers List. CSI's stock is traded on OTCQX under the symbol
CSVI. For more information about CSI, visit www.csiweb.com.
Dragnet Solutions is a trademark of Dragnet Solutions, Inc.
Accelerated Insight is a service mark of Dragnet Solutions, Inc.
WatchDOG is a registered trademark of ATTUS Technologies, Inc. All
other trademarks are the property of their respective holders.
Add to Digg Bookmark with del.icio.us Add to Newsvine
For media inquiries, please contact: John Bennett Email Contact
+1-510-495-6590
Computer Services (QX) (USOTC:CSVI)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Computer Services (QX) (USOTC:CSVI)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024