STRATEGIC PARTNERS
April 26, 2019
Conformance Technologies, a business compliance solutions provider, recently integrated TransUnion's ID Manager capabilities into its PreComm Toolkit, a cloud-based data collection and consolidation service for know-your-customer and anti-money laundering rules. The TransUnion ID Manager will add additional identity authentication tools for the PreComm Toolkit, according to a press release.
The PreComm Toolkit pulls in a variety of data such as credit scores, Taxpayer Identification Number, prohibited or illegal activity to help merchants and payment processors from giving payment system access to criminals.
"By adding TransUnion's ID Manager capabilities, PreComm ToolKit enables risk managers to make better and smarter business decisions during the risk and underwriting process," Darrel Anderson, president, Conformance Technologies, said in the release. "This decreases costs to clients, reduces workloads and inaccuracies, plus allows for real-time monitoring post boarding."
