USA Patriot Act Compliance Software

Customizable, High-Speed Customer Verification

AML Software - Sentinel Screen Shots

The USA Patriot Act (the "Act")- was signed on October 26, 2001 to amend the Bank Secrecy Act and other legislation to require that financial institutions establish anti-money laundering programs which are intended to fight terrorism and other criminal activities.

Truth Technologies' Sentinel™ has implemented an enterprise-wide USA Patriot Act compliance program, which covers all of its subsidiaries and affiliates, and is reasonably designed to comply with applicable laws and regulations.

Should you or your institution require general information about Sentinel's Patriot Act compliance solutions, please see the following:

USA Patriot Act Requirements for Financial Institution

Creating and implementing a successful Customer Identification Program (CIP) is essential when meeting the requirement of the USA Patriot Act Section 326. A successful CIP program contains:

  • Policies and procedures to verify customer identities using specific required information.
  • Ways to check these identities against government watch lists.
  • Methods of documenting and retaining these identity verifications for the appropriate amount of time required after the account is closed.
Implementing a program like this at your institution may seem like a daunting task, but there are tools available to ensure that your CIP program is successful and compliant.

USA Patriot Act Compliance Software

Verifying the identity of your new customers is a job for Sentinel, and we do it very well with Sentinel&trade for your USA Patrio Act compliance needs and see the following benefits:

  • Reduces workload.
  • Reduces losses due to fraud.
  • Increases efficiency by eliminating the manual identity verification process.
  • Reliable compliance set forth by the Fair and Accurate Credit Transactions Act (FACTA) in addition to USA Patriot Act Customer Identification Program (CIP) requirements.
  • Ease of use.
  • Choose a cost-efficient, reliable solution to help your business stay USA Patriot Act compliant with Truth Technologies' Patriot Act Software.
  • Streamlined Global Operations.
To learn more view our USA Patriot Act White Papers or here's a Sentinel Overview.

We're Ready to Assist You

Fully customizable to your business needs, Sentinel comes in three versions: Online, Standard and Advanced. Each version offers unique user preferences and flexibility to coordinate with your business processes and seamlessly integrate with your existing systems. See our online presentation or product brochure for an overview of Sentinel.

Truth Technologies' staff is eager to help your organization increase the effectiveness of its banking fraud and money-laundering efforts. To learn more about Sentinel™ click here or to schedule a web demo today, e-mail us, or call 1.866.691.3867.