FINTRAC Compliance? There's an App for That!
CATEGORY: Practice Tips
TAGS: Compliance Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Technology
If you're looking to reduce errors and omissions when it comes to completing FINTRAC individual identification and receipt of funds forms, you might want to check out the FINTRACKER™ app created by Forward Form Solutions Inc.
The app is meant as a digital FINTRAC reporting solution for real estate professional to help reduce human error, save time and improve compliance. Using scanning software, FINTRACKER™ extracts information from government issued identification needed to verify client identity and uses this information to auto-populate digital forms.
The information is stored on a secure server as SSL encrypted data that is only accessible by the compliance officers, brokers and agents who subscribe. The app is available for smart phones, tablets and desktop computers.
Find out more at www.fintracker.ca.
Do you know of any other tools to support REALTORS® and brokerages meet their compliance responsibilities? Email [email protected].
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