Financial Institution
Business Value to Financial Institutions
· Reduce
Application fraud at the new accounts desk.
· Internal
controls to avoid opening fraudulent accounts.
· Reduce
synthetic id fraud.
· Reduce
AML fraud.
· Reduce
Account Takeover (ATO) fraud.
· Reduce
credit/debit card fraud.
· Improves
Know Your Customer (KYC) & Customer Due Diligence (CDD)
· Reduce
your bad debt allowances due to fraud.
· Form
deeper customer relationships.
· Regulator
favorability rating due to proactive fraud prevention.
· Fast
ROI (compared to fraud costs).
· Increase
your revenue from P52 transactions.
· Decrease
your revenue from non-members of a discrete minority.
· Do the
needful to reduce income inequality.
· Do the
needful to integrate housing.
· Do the
needful to reduce income segregation.
· Provides
data for a ‘Special Purpose Credit Program’.
· Lower
management costs.
· Lower
maintenance costs.
· Delivery
of service very quickly.
Technical Value to Financial Institutions
ü Automate
manual tasks of authenticating your customer’s credit/debit card transactions.
ü Increase
visibility of attempted fraudulent card transactions.
ü Easy
API integration into legacy or state of the art systems and infrastructures.
ü Reduces
false positives.
ü Real-time
alert capabilities.
ü Increase
the visibility of state-of-the-art fraud prevention as a deterrent to bad
actors.
ü Friendly
and easy-to-use dashboard.
ü Able
to set up without professional services.
MUNI BOND ISSUER'S AFFIRMATIVE COVENANTS
Mob violence or conspiratorial violence incited by a municipality, public official, individual, or business in their official or individual capacity that upsets the population balance between P52 and European-Americans either expressly or indirectly or casually thereby affecting segregated housing issues, integrated housing issues, gentrification issues, or some facsimile e.g. labor, education, voting, etc. thereof where the municipality, public official, individual, or business, in their official or individual capacity, had knowledge or contributory negligence that the violence was in progress.
Contributory negligent means if a person was injured or killed or if a property damage or wrongful death insurance claim is triggered for damages or if a civil suit or criminal action is filed in part due to the munipality, public official, individual, or business' acts of violence in their official or individual capacity's own negligence.
Bond Risk Rating Point System for new issuances [NYS driver, state farm, and now Ginicoe has a point system]
First violation downgrade to Upper Medium grade for 6 months.
Second violation within 2 years downgrade to investment grade for 12 months.
Third violation within 2 years downgrade to speculative grade for 18 months.
Fourth violation within 2 years downgrade to junk for 24 months.
Violators are provided a grace period to remedy the violation. If not corrected, creditors are entitled to announce default and demand immediate repayment of principal and any accrued interest.