Risk & Information Analytics

The LexisNexis® Red Flags Rule Report can help comply with the FACT Act Identity Theft Red Flags Rule. Reveal patterns, practices, and suspicious activities that may indicate the possibility of identity theft.

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Helps reduce compliance risk and prevent losses due to identity theft Identifying and acting on instances of identity theft is no longer “just another CIP policy”—it’s the law. With modifications to the Fair and Accurate Credit Transactions Act effective November 1, 2008, the Identity Theft Red Flags Rule requires financial institutions and other credit-granting entities to implement a written Identity Theft Prevention Program to help detect, prevent and mitigate identity theft in connection with the opening of certain covered accounts or certain existing accounts.

The LexisNexis® Red Flags Rule Report identifies suspicious personal identifying information and displays warning codes when red flags risk factors are present. Not only can you protect your business and your customers against the growing danger of identity theft and fraudulent activity, you will do so with a powerful solution that helps you address and automate important compliance obligations—at account setup and throughout the account lifecycle.

Identify, research and act on threats to your organizationOur Red Flags Rule Report is a tool that keeps you on the front lines of identity theft prevention. As an add-on to InstantID® and FraudDefender® at account opening, you have a comprehensive toolset to identify suspicious activity, take action to minimize risk, comply with Federal regulations and increase profitability. Our Red Flags Rule Monitoring service allows you to continue to monitor the risk of identity theft to you and your customers.

Get it now: for more information about the LexisNexis® Red Flags Rule Report, please call (800) 869-0751.

InstantID®, FraudDefender® and Red Flags Rule Report are not consumer reporting agencies as such term is defined in the federal Fair Credit Reporting Act, 15 USC 1681 et seq. ("FCRA"). InstantID®, FraudDefender® and Red Flags Rule Report do not constitute consumer reports as such term is defined in the FCRA, and accordingly InstantID and FraudDefender® reports may not be used to determine eligibility for credit or for any other purpose provided for in the FCRA.

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