Magazine article Mortgage Banking
Armorpoint Launches On-Demand Identity-Theft Solution
San Diego-based Armorpoint Inc. announced the introduction of what it calls a unique Web-based resource center as well as proactive tools and services to provide transparent personal data protection for identity-fraud mitigation and risk management.
The company said its product line-which includes an OnDemand Identity Theft Management Platform, Blanket Protection Service and Identity Theft Security Suite(TM)-enables financial institutions and consumer-service organizations to offer customers value-added identity-theft protection for increased security, confidence and retention.
The on-demand platform is implemented as a private-label Web portal, which enables banks, credit unions, mortgage lenders, consumer services and other impacted organizations to offer an online educational and self-help resource center to customers while also achieving Fair and Accurate Credit Transactions Act (FACT Act) compliance.
An around-the-clock incidence-response and victim-assistance hotline is provided through the company's blanket-protection offering, as well as a full-service call center and resolution services. Armorpoint's advanced Identity Theft Security Suite rounds out the product line with premium protection, credit reports and robust software tools to transparently combat identity theft and fraud.
According to Gary Shields, chairman and chief executive officer of Armorpoint, the company employed software as a service (SaaS) and patent-pending technology to develop what he terms the industry's first on-demand identity-theft management platform and security suite. …