Heightened Security
By Star Systems

This White Paper is available as a PDF: StarSecurity.pdf

Summary:

The current climate of heightened security, crystallized in the USA PATRIOT Act, adds a new sense of urgency to what has long been a top priority of financial institutions: enhancing security in order to combat fraud – from identity theft and credit risk to identity fraud and money laundering.

As financial institutions anticipate meeting the challenges of these requirements, this white paper discusses pitfalls in the current compliance environment. It surveys some of the current deficiencies in identity documents, examines the ongoing debate over a national identification card, and provides an overview of products and technologies that offer interim solutions – not only for financial institutions but also for other settings where identity verification is required.