ID Insight President to Speak at BAI Conference
NORTHFIELD, MINN. (July 08, 2008) — ID Insight president Adam Elliott is set to speak at the Banking Administration Institute (BAI) conference, ”Combating Payments Fraud.” Elliott and Wesley Wilhelm of WaMu will address how institutions have dealt with the most recent compliance issues of the FACT Act Red Flag Guidelines dealing with address changes and discrepancies at a preconference seminar on October 19. The discussion will concentrate on address change risk management, how banks have used technology in decision-making and risk mitigation, and the ways in which identity thieves will try to outwit these detection solutions.
The BAI conference provides the most recent information on the topics of payments and check fraud and the best ways to prevent them from occurring, and will be held October 20-22, 2008, at The Gaylord National Resort and Convention Center in National Harbor, MD/Washington D.C.
Click here for more conference details.
About ID Insight
ID Insight is the industry leader in assessing and managing the risks associated with addresses. Based in Northfield, Minn., the company combines its massive collection of data on people and addresses with patented analytics to help companies reduce fraud losses. ID Insight currently provides next-generation verification, authentication, and fraud solutions to financial services companies, credit issuers, retailers, online merchants and wireless providers nationwide.
Now that the FACT Act Red Flag and Address Discrepancy rules have been finalized, financial companies will soon be required to resolve customer address changes on new and existing accounts. With its proprietary address-focused analytics, ID Insight provides financial services companies with cutting-edge solutions designed to reduce costs and profitably comply with these new FACT Act requirements, all while protecting customers against identity theft.
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Media Contacts:
- Brian Bellmont for ID Insight, (952) 233-0428,
