Online Tool Helps Dealers Comply

A new online reporting dashboard combines, summarizes and delivers reporting on Red Flags Rule compliance efforts for automotive dealers.

Developed in collaboration with Compli, a provider of compliance software, CoreLogic Credco's Red Flag Viewpoint aims to help dealers meet the Red Flags Rule's requirement of regularly monitoring and updating their identity-theft prevention programs.

After several extensions, the federal government's anti-identity theft Red Flags Rule is scheduled to take effect January 1, 2011.

“Red Flag Viewpoint is specifically designed to simplify the monitoring and reporting requirement of the rule, easily and effectively, allowing dealers to stay focused on sales objectives and other critical operations,” says Kevin Clements, a CoreLogic Credco vice president.