Harness the power of Google Maps directly from the CBC Red Flags compliance section. Another game-changing addition from CBC.
Identifying a person's true identity is becoming harder and harder. Performing basic Red Flags checking isn't enough anymore. Fraudsters, fraud rings, and organized crime groups are stealing millions of dollars every year from businesses. These numbers will surely continue to rise over the next several years as criminals become even more savvy.
"There is substantial proof that adding additional fraud prevention tools to your Red Flags process is the most effective way to protect your assets".
FACT: If you deal with consumers in need of or wanting to borrow money, you will eventually come across evil wrong doers. You need every weapon you can find.
If your business hasn't been a victim of fraud, identity theft, or similar crimes, it's just a matter of time. Most of us, personally and in business tend to act after the fact or re-actively. Example:
Employee: WE'VE BEEN ROBBED!
Business Owner: We need a security system now!
We see it all the time. A business installs security cameras after a break in or an auto dealer hires a security guard after losing a car to after hours theft.
Similar safeguards should be taken when you are dealing with a customer in person, on the phone, and online.
Enter
CBC's GEO Locator
Red Flags Tool
Using the applicant's address information the Google Map feature will assist you in asking questions only the applicant will be able to answer.
Example:
Do your neighbors to the west of you have a swimming pool?
-or-
What's the name of the nearest golf course?
Enter the questions and answers into the system, select Pass or Fail, press Save, and you now have another weapon in the fight against fraud.
