Interesting article yesterday in Bank Technology News. The title was "Red Flags and the 5 Stages of Grief". The author mentioned how the banks have gone through the denial and Anger (or fear)stages and have entered the bargaining stage. All that is left is Depression and Acceptance. Hopefully the Depression mode will be short as are now less than 5 months away.
Here is the link
http://www.americanbanker.com/btn_article.html?id=20080528ZVKMHQA7
A.E>>>
Wednesday, June 4, 2008
The 5 Stages Of Grief
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Financial institutions are definitely passed the denial stage and working hard to implement an identity theft program by Nov. 1, 2008. For help on what to focus on in the next 90 days, read Laura Pringle's article on red flag compliance located on www.complianceheadquarters.com
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