Thinkstream Fraud Prevention Services

Although not a new crime, identity theft has evolved into a serious and pervasive threat to consumers and the financial services industry alike.

Estimates vary on the true impact of the problem, but law enforcement and consumer advocacy groups agree that financial institutions lose billions of dollars each year to identity theft and consumers face additional hardships, ranging from financial loss to time spent trying to undo the harm caused to their credit records and other aspects of their lives. Identity theft also puts significant demands on law enforcement, as federal, state, and local law enforcement agencies and prosecutors grapple with venue issues and limited resources, which can complicate their efforts to effectively deal with the problem.

Thinkstream offers solutions to close
the gaping holes in your security system:

• Instant Identity Verification -- Given a driver's license number, Thinkstream will search and return the correct information for the given license number. If the license itself has been forged, bank personnel will know immediately and can take the appropriate take action. For more information, see the Instant Identity Verification Fact Sheet.
  
• Deep Background Check -- Prior to the loan being finalized, check is cashed or candidate is hired, in one single search, a bank officer can obtain all that is required to know this applicant. Who they say they are and whether they have any criminal or tarnished credit in their background. For more information see the Deep Background Check Fact Sheet.
  

>> Sign up for Thinkstream Financial Fraud Prevention Services