NOVATO, CA – November 27, 2012 — Dragnet Solutions, Inc. announced today that it has integrated ATTUS Technologies, Inc.’s WatchDOG® Pro into its Accelerated InsightSM identity verification service for financial institutions. Built on Dragnet’s proprietary discovery system, Accelerated Insight is a real-time identity verification service that helps institutions confidently say yes to more qualified applicants, including those with limited financial histories. Using Accelerated Insight, banks and credit unions can better differentiate customers, grow revenues and prevent fraud, while complying with such regulations as Know Your Customer (KYC), the Red Flags Rule, and now U.S. Office of Foreign Assets Control (OFAC).

WatchDOG Pro, available from ATTUS Technologies, a division of Computer Services, Inc. (CSI) (OTCQX: CSVI), is an industry-leading automated OFAC verification solution. WatchDOG Pro screens entity and individual names against OFAC lists that are updated in near real time, providing institutions with an easy and efficient method for monitoring OFAC compliance. It compares customer and vendor lists against multiple watch lists, including OFAC’s Specially Designated Nationals (SDN) List and Sanctioned Countries List. By law, financial institutions in the U.S. must check OFAC lists before opening accounts for individuals or businesses.

“Our goal is to provide financial institutions with a comprehensive real-time customer-analytics solution for account opening,” said Greg Cote, president and CEO of Dragnet Solutions, Inc. “By integrating ATTUS’ WatchDOG Pro into Accelerated Insight, we’re able to offer a complete, best-of-breed solution to bankers. Now banks and credit unions can verify identity and check the OFAC list with a single real-time service, streamlining the account-opening process while ensuring compliance with federal laws and regulations.”

Compliance demands continue to grow in light of regulatory scrutiny, and for many institutions, managing OFAC compliance remains a very manual process. With the integration of WatchDOG Pro, Accelerated Insight provides the automation that banks and credit unions need to improve efficiency.

“Today’s financial institution leaders face the complex issue of growing profitability while minimizing risk, especially in relation to managing compliance with ever-changing government watch lists,” said Tom Fedell, president and general manager of ATTUS Technologies. “By partnering with Dragnet Solutions, we can alleviate many of the compliance burdens by automating the watch list screening process, which allows banks and credit unions to bring revenue-generating accounts online more quickly and confidently.”

For a demo of Accelerated Insight, please write to sales@dragnetsolutions.com.

About Dragnet Solutions, Inc.
Dragnet Solutions provides real-time identity verification and document authentication solutions to financial institutions, supporting aggressive account creation and cross-selling activities while cutting operating costs, reducing fraud, and facilitating KYC/CIP, the Red Flags Rule, and OFAC compliance. Built on Dragnet’s proprietary discovery engine, Accelerated Insight is the only identity verification solution that gives institutions the real-time ID and risk/confidence information they need to make confident decisions about applicants, including applicants in unbanked and underbanked communities. The company is privately held and headquartered in Novato, CA. For more information about Dragnet Solutions, visit www.dragnetsolutions.com.

 

About ATTUS Technologies, Inc.
ATTUS Technologies, Inc. is a trusted partner, simplifying compliance and risk management. The company is an industry leader in software and services for regulatory compliance, homeland security and fraud prevention. ATTUS serves more than 5,000 clients with solutions that provide compliance with the requirements of the Gramm-Leach-Bliley Act (GLBA), the USA PATRIOT Act, the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), the Bureau of Industry and Security (BIS), anti-money laundering regulations, the Bank Secrecy Act (BSA), the Dodd-Frank Act, Regulation CC and Regulation E. ATTUS, a wholly owned subsidiary of Computer Services, Inc. (CSI), is based in Charlotte, N.C. For more information about ATTUS, visit www.attustech.com.

About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, and regulatory compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation, and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 100 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.

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Dragnet Solutions is a trademark of Dragnet Solutions, Inc. Accelerated Insight is a service mark of Dragnet Solutions, Inc.  WatchDOG is a registered trademark of ATTUS Technologies, Inc. All other trademarks are the property of their respective holders.

For media inquiries, please contact:

John Bennett
john.bennett@dragnetsolutions.com
+1-510-495-6590