The Jewelers Vigilance
Committee’s affiliate partner, Veratad
Technologies, is assisting jewelers in protecting their customers and
business partners by verifying identities and preventing fraud in person or
These services offered by Veratad Technologies, offered
exclusively to JVC members, also support several legal compliance obligations
required of jewelers. Under the
USA PATRIOT Act and the FTC’s Red Flag Rule, jewelers must identify customers
and business partners.
Jewelers providing branded credit cards or in-house financing
programs can also use these services to detect instances where a stolen credit
card or a stolen identity may be used.
JVC members will receive deep discounts and can take
advantage of these identification verification services immediately.
For more information about Veratad identity verification
services for jewelers, visit veratad.net/jvc.