All posts by Keir Breitenfeld
I was recently asked in a comment, "What do we have to do to become compliant?" Great question. There is not a single path...
We’ve stopped taking phone applications and are using the out-of-wallet questions for Internet credit applications. Are we going overboard? The Red Flags Rule does...
As we approach the FTC's May 1, 2009 Red Flags Rule enforcement deadline, we are still working with many of our existing and prospective...
I encourage all of you to have a look at this newly launched Federal Trade Commission Web site dedicated to the Red Flags Rule...
I’ve previously posted content around an overall risk-based approach to Red Flags compliance. I also want to keep current in mentioning the use of...
Regardless of the specific checks and overall processes incorporated into your Red Flags Identity Theft Prevention Program, the use of an automated decisioning strategy...
As stated in an earlier posting, healthcare providers should ensure appropriate compliance with the Red Flags Rule. There continues to be healthy debate as...
If the business is a creditor or a “financial institution” (defined as a depository institution) that offers covered accounts, you must develop a Program...
The credit reporting agencies will not identify Red Flags, as such, on a credit report. However, there may be certain information on a credit...
If you have detected a Red Flag in connection with a credit application, are you prohibited from opening the account when following the Red...
For all you folks who, like me, waited until the last minute to knock out a term paper or class project in school, here...
Red Flags Rule I've heard more than one institution claim that they may limit and even reduce the identity elements (perhaps down to just...
Here are a few more frequently asked questions. 1.Am I a “creditor” under the rule? The term “creditor” has the same meaning as under...
Here we are in March, 2009, four months after the Red Flags Rules deadline OR two months until the Red Flags deadline…depending on your...
Address discrepancies aren't the end of the road, but they sure can be a bump in it. One of the handful of mandatory elements...
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