LOUISVILLE, Ky. (October 27, 2008) – Electronic Verification Systems (EVS) recently acquired PA Compliance, a leader in Patriot Act Compliance for the banking and financial markets. The details of this acquisition were not disclosed.
PA Compliances primary product focus is watch list verification and management. This product is called IdentiFlo and features:
- Global Watch-List Scanning
- Politically Exposed Person (PEP) List
- Customer Verification
- Built-in Workflows
- Due Diligence/Case Management Center
- Easy Integration
- Real-Time, Batch, Data-Feed, and Integration options
EVS president Rick Tur said, The timing of this deal was great and this acquisition will really help strengthen our line of watch list products. Tur continues, In order to fulfill their Red Flag plan requirements many of our clients need a watch list management product that includes audit trail capabilities and thats what the IdentiFlo solution brings to the table.
About Electronic Verification Systems
Electronic Verification Systems (www.electronicverificationsystems.com) is a leading provider of identity assurance products designed to help businesses combat identity theft, control costs, satisfy governmental regulation, and support audit and control requirements.
With major clients in the financial services, retail product, brokerage, education, insurance, and corporate security industries; Electronic Verification Systems provides powerful and innovative solutions specific to your industry and organization.
Press Contact: Jay Stewart, jstewart@electronicverificationsystems.com. 866-491-5665
