Posted on May 5, 2009 4:01 PM
The FTC has delayed the enforcement of the new "Red Flags Rule" again. The new enforecement date is now extended to August 1, 2009. This does NOT affect other federal agencies' enforcement of the original November 1, 2008 dealine (i.e. FDIC, OCC, Federal Reserve, OTS, NCUA).
To read the Press Release visit http://www.ftc.gov/opa/2009/04/redflagsrule.shtm
Posted on October 23, 2008 8:21 AM
Yesterday, the Federal Trade Commission (FTC) stated they would suspend enforcement of the new "Red Flags Rule" until May 1, 2009, to give creditors and financial institutions additional time in which to develop and implement written Identity Theft Prevention Programs. This does not affect the other federal agencies' (FDIC, OCC, Federal Reserve, OTS, & NCUA) enforcement of the original November 1, 2008 deadline.
To read the new Identity Theft Red Flags rules and guidelines go to http://www.conetrix.com/files/ITPP_Regulation.pdf
Posted on October 16, 2008 11:30 AM
Posted on October 15, 2008 4:47 PM
The National Foundation for Credit Counseling declared Oct. 19-25 Protect Your Identity Week (PYIW). This initiative is designed to brind Identity Theft awareness and prevention programs to consumers in communities across the country. To find out more, visit www.protectyouridnow.org
Posted on August 15, 2008 11:49 AM
CoNetrix is pleased to announce the CoNetrix Identity Theft Prevention Program online solution is a candidate for the BankNews 2008 Innovative Solutions Award.
The Innovative Solutions Award, sponsored by BankNews, recognizes companies that have introduced or enhanced a product or service designed to help banks better serve their customers. Entries are divided into four categories:
Management Software Solutions
CoNetrix solution "Identity Theft Prevention Program" is listed under category 4 "Online/Remote/Mobile Solutions".
To vote now, go to http://surveys.verticalresponse.com/a/show/180223/f7c379558a/0
To learn more about the Innovative Solutions Award, visit http://www.banknews.com/
Posted on August 11, 2008 2:53 PM
The OTS presented a live, ninety-minute, telephone briefing today (Monday, August 11, 2008) beginning at 2:00pm Eastern Time on the new Identity Theft Rules and Guidelines that go into effect on November 1, 2008. The presentation went through a review of the rules and guidelines, exam procedures, and answered questions. Below are links to two of the PowerPoint's used during the briefing: