NEW BUSINESS/INSTITUTIONAL MODULE LAUNCHED November 1

Omaha, November 3, 2004: RemitPro has launched a new module to its RiskAlert product suite to provide enhanced identity verification of businesses and institutions.

RemitPro is a Web-based application service provider (ASP), dedicated to providing the financial services industry with cost-effective, user-friendly & efficient tools that facilitate compliance with Section 326 of the USA PATRIOT Act. RiskAlert is a product suite which includes the following solution modules: Consumer Validation, Business & Institutional Validation, OFAC Screening, Background Screening, and Anti Money Laundering surveillance.

To help financial institutions comply with the Section 326 of the USA PATRIOT Act, RemitPro provides a comprehensive, customizable suite of tools including identity validation, background verification and Global Watch List screening. The strength of these Customer Information Program solutions lie in the accuracy and completeness of RemitPro's information and flexible technologies which enable multiple ways to ensure strong identity verification depending on the customized needs of financial institutions.

"We've been helping leading institutions since the inception of the USA PATRIOT Act in 2001", said Jana Waughn, President of RemitPro. "We've bundled our products into a full suite of tools to provide flexible, comprehensive solutions for the financial services industry."

RemitPro's database includes more than 150 million consumer records, 18 million business records, 13 million Business Tax Identification Numbers and 14 million records with corporate record information from the Secretary of State such as date of incorporation, type of entity, active/inactive status, profit/non-profit, etc.

"RemitPro is proud to service many of the nation’s leading brokerage firms and banks with our RiskAlert product suite" said Waughn.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development