Regulatory Compliance Software

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CSI WatchDOG® CIP Software

Acquiring new customers is one of the key factors in growing your business. WatchDOG Customer Identification Program (CIP) from CSI Regulatory Compliance makes the process of customer identity verification simple and cost effective.

3 Levels of KYC Compliance for Banks

Supporting Know Your Customer (KYC) compliance for banks, WatchDOG CIP can help you meet regulator requirements under the USA PATRIOT Act Identity Theft Prevention Program for Red Flags Rules. Choose the identity verification level that’s right for your financial institution: 

  • Level I
  • Validates the customer’s city, state, zip code, driver's license and SSN
  • Instantly checks the customer’s name against the latest OFAC lists
  • Verifies that the customer’s SSN is not listed on the Social Security Administration’s Death Master File
  • Level II
  • Verifies all key customer information against public databases as well as a national consumer reporting agency
  • Provides a score that indicates the validity of the data, which can be used in the next steps with the customer
  • Level III
  • Provides an advanced layer of identity verification with an “out-of-wallet” feature that poses questions only the customer can answer

Our CIP software also includes such optional tools as Red Flags Checklist and Fraud History Verification. These customer identification program tools help ensure checklist compliance and identify unique fraud patterns.

Build a Strong Customer Identification Program

Let CSI take care of your USA PATRIOT Act compliance and Red Flags Rules compliance, so you can focus on business. Complete our online contact form to find out more about CSI's KYC software solutions and how we can save you money and facilitate compliance at the same time.