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Welcome to the NexusID turnkey Red Flag compliance solution training. Regardless of your industry or size NexusID will help you start and maintain your compliance standards quickly and accurately. The pupose of this e-learning tool is to inform you of the requirements of the Red Flags Rule and to get you familiar with NexusID. Before you can begin with the enrollment you must register with myicourse. You can do this by selecting "new user" in the upper right hand corner of the screen. Once you click the selection, follow the prompts and input the required information to enroll. There is no cost for enrolling in the course. Thank you and welcome to NexusID. What is Red Flag? In May of 2007, the Federal Trade Commission (and five federal bank regulatory agencies including the FDIC, OCC, Federal Reserve, OTS and NCUA) established final rules and regulations regarding Identity Theft Red Flags and Address Discrepancies to help combat the nation’s fastest growing “white collar crime” — Identity Theft. The Red Flag Rules are aimed at helping financial institutions and creditors such as banks, credit unions, auto dealers, healthcare providers, mortgage brokers, utility companies and telecommunications companies and other transaction account-based companies detect identity theft by requiring that they establish a Written Identity Theft Prevention Program. Companies that have limited technical and staffing resources will find it difficult and time-consuming to meet Red Flag Requirements by the deadline; those that do not comply with the requirements risk exposure to fines and/or civil litigation.
We make it EASY to Comply ….
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