JVC Teams with ID-Verification Provider

Veratad Technologies and the Jewelers Vigilance Committee
announced May 16 that DCIT will now offer Veratad’s IDMatch+PLUS, virtual
identity verification, along with JVC membership to its BusinessMind software solution customers.

This software makes verifying an identity a simple matter of
a few clicks, and is designed to protect jewelers against losses due to fines
for non-compliance, as well as fraud and credit card chargebacks. The service
is simple, easy-to-use and affordable.

In addition to the Identity verification, each jeweler that
qualifies will be granted the many benefits of JVC membership with the service.

“This is an opportunity for jewelers to stop fraudulent
purchases, avoid costly chargebacks and meet their USA PATRIOT Act and Red Flags
Rule compliance obligations while enjoying the many benefits of JVC
membership,” Cecilia Gardner, JVC’s president, CEO and general counsel, said in
a statement. 

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