New Company Utilizes Retired Police Officers To Help Banks Combat Money Laundering, Financial Fraud

ROCHESTER, N.Y. - Feb. 4, 2015 - PRLog -- Client Clearance Inc., an innovative new company based in Western New York, is drawing upon the vast investigative experience of retired police officers to help the financial services industry establish rigorous Customer Identification Procedures and anti-money laundering policies.

"In today’s uncertain global environment, it is no longer acceptable for a financial institution to simply meet the basic requirements in regards to conducting customer due diligence,” said Rich Black, Client Clearance’s chief executive officer.  “Client Clearance helps banks and credit unions proactively manage risks by providing them with actionable customer intelligence in a cost-effective manner."

Client Clearance’s enhanced due diligence analysts – all of who have extensive backgrounds in law enforcement investigations – utilize advanced software solutions.  This unique combination of experience and real-time data allows Client Clearance to quickly provide its clients with actionable intelligence that supports the most difficult customer decisions while at the same time standing up to the toughest regulatory scrutiny.

Client Clearance will provide a positive economic benefit to Western and Central New York as it builds its workforce of highly trained analysts and support staff. Client Clearance will also make the region more secure against the dual threats of terrorism and financial fraud by helping financial institutions better identify suspicious activity within their internal systems.

Client Clearance serves as the financial services industry’s leading partner in identifying, verifying, and monitoring clients – in the United States, Canada and anywhere else that money laundering supports terrorism and criminal activities.

To learn more, visit www.clientclearance.com.