Shared Vision for a Best of Breed FACTA Red Flag Rules Compliance Solution

The NexusID compliance suite of products is based on the shared vision and partnership of National ID Recovery, LLC (Norcross, GA) and Veratad Technologies, LLC (Teaneck, NJ) and is designed to assist businesses and financial institutions nationwide in the task of meeting the August 1, 2009 deadline for FACTA “Red Flag Rules” Compliance.

NexusID (NEXUS-Latin: to bind, a connected series or group) combines the ease of use of Veratad’s world-class ID verification and Customized Online Compliance Tools with the quality and affordability of National ID Recovery’s fully managed Identity Restoration and Data Breach Services which together represent the nation’s first and only truly comprehensive turn-key FACTA “Red Flag Rules” Solution.

NEXUS offers the advanced technologies, products and services of each to offer one solution that includes an online ID Theft Prevention Program Document Generator, Employee Training, Identity and Address Verification as well as components to Detect, Prevent and Mitigate ID Theft; which together make it easier and more efficient for businesses to be compliant by the deadline. Taking a decisive step further, NEXUS will offer a highly competitive pricing structure, affording businesses of any size an opportunity to reduce their total cost of ownership while better protecting the identity of their consumers.


National ID Recovery, LLC (NIDR)is a Georgia Corporation, founded in April 2004 and managed by a team of seasoned veterans with experience in security, information technology, communications, sales, management and compliance. NIDR is dedicated to providing the most efficient, reliable, low cost and easy-to-use ID recovery service in the marketplace. NIDR's automated ID theft recovery system, backed by highly trained paralegals, allows NIDR to clear over 48 known types of identity theft with a 100 percent recovery rate.        Veratad Technologies, LLC is a world class provider of real-time online Identity Verification and Knowledge Based Authentication Solutions designed to verify an individual's identity and age while maintaining a high level of consumer privacy. In addition, Veratad offers a unique online Red Flag Rules Compliance tool for the creation of an ID Theft Prevention Document and Employee Training designed to meet the compliance requirements of FACTA.