Identity Verification from CSI
Automated Sanctions Screening
Managing a comprehensive compliance program in-house can monopolize employee attention, while insufficient staff expertise can compromise security. From property insurance to casualty and life, at CSI, we have experience serving the regulatory compliance needs of insurance companies like yours, so you can properly frame, execute and track a coherent plan around managing risk.
Comply with AML and watchlist regulations, and mitigate risk with real-time, retroactive monitoring of SDN lists using CSI’s automated sanctions check solution.
CSI’s ID verification tool can help your business solve bandwidth challenges and better manage scale and volume as part of a strong AML/KYC program.
In the insurance industry, having a full understanding of U.S. economic sanctions and embargo programs is pivotal to protecting your firm’s bottom line from fraud and civil and criminal penalties. Leveraging CSI’s OFAC compliance and ID verification software can help ensure your business has a tested system for maintaining oversight and effectively managing risky business dealings.
Certain insurance customers and products present a higher risk profile for sanctions violations or money laundering activities, which can carry additional compliance burdens. You may also be subject to other provisions of the USA PATRIOT Act, including anti-money laundering program requirements, such as customer identification rules and suspicious activity reporting.
CSI’s compliance management system can help your organization avoid government fines and increase your protection from fraud through:
I feel like we're always covered with CSI. Instead of hiring one or two security people to actively monitor and patrol our systems, we rely on CSI to take care of everything.
First United National (FUN) Bank, IT Specialist
In this ever-altering global economy, it becomes imperative to protect the safety of doing business, whether with governmental agencies or not. WatchDOG allows us to do this effectively with very minimal effort.
Blue Cross Blue Shield Nebraska, Medicare Liaison
We can offer the same products that the megabanks do without having to put out an incredible amount of money, because CSI is developing them for us. That's where the partnership has been wonderful for us.
Legence Bank, Executive Vice President of Operations
Once we were comfortable, we flipped the switch over a weekend and began officially using Elite. It was very easy. The CSI team that we worked with was pretty awesome. It did not take very long to get spun up on Elite.
HomeStreet Bank, Associate Vice President
In a recent audit, the auditor commented that he was impressed with the improvements we’d made as a result of our partnership with CSI, including additional controls now in place that were not available to the bank prior to working with CSI.
Jerry C. Lyon
Community 1st Bank, President and CEO
With CSI, we have a partner that supports both our bank and our customers 24/7. We feel this is an invaluable partnership that enhances our ability to better serve our customers and gives us card-fraud strategies that mitigate our financial and reputational risk.
Home Bank, Director of Deposit Operations
Without the coordinated efforts of Card Sentry and our staff, we would be much less successful in keeping our losses to a minimum.
… The big differentiator for CSI (is) the support expertise that’s included in SmartRisk IQ. We get to work with former bankers who have been where we’ve been.
Cornerstone Bank, President and CEO
In launching the program, the intelligent content embedded in the (CSI ERM) software saved me weeks, if not months, of research time.
Cornerstone Bank, President and CEO
When we migrated to NuPoint®, we eliminated our backup challenges and our staffing difficulties.
The Blue Grass Valley Bank, CEO