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Record360 Offers OFAC & Facial Recognition Security Check Solution

September 29, 2016 By: Trucking News Staff Tags: Equipment, Technology
Record360 Offers OFAC & Facial Recognition Security Check Solution

Record360, the Seattle-based provider of asset condition reporting software, has announced the official release of its OFAC and facial recognition security check solution. The new addition to Record360’s software allows rental and leasing firms to stay compliant with federal law and security procedures while seamlessly moving their customers through the checkout process.

At a time of increased security across the United States, trucking rental and leasing firms are being required by the Office of Foreign Assets Control (OFAC) to check customer names against their Specially Designated Nationals List, a list which includes the names of suspected terrorists, drug traffickers and other individuals of special interest.

Truck rental and leasing firms that fail to comply are liable for extremely harsh penalties, including 30 years in prison and fines up to $10 million for corporations and $5 million for individuals. Further, with identity and ID theft running rampant, rental companies across industries are facing greater challenges in verifying that customers are who they say they are.

Record360’s new integration removes the fear of penalty entirely and adds an extra layer of identity verification. By including an upfront license identification process prior to any condition review performed with Record360, companies will not only be complying with federal law but will also be alerted in the event that a customer is on the watch list. Additionally, the facial recognition software adds an extra layer of protection when comparing ID’s with customers who walk into their shop.

Shane Skinner, co-founder & CEO of Record360, said, “We’re excited to offer this additional layer of security to our customers so that they can rent their cars, trucks and equipment with complete peace of mind without having to slow down their operations.”