Stewart Announces FINCEN Reporting Services
Stewart’s first-to-market service offering is backed by a new technology platform in response to FinCEN Anti-Money Laundering Rule
“Our FINCEN Reporting Services platform was built with direct input from industry leaders and compliance experts to provide our title and closing customers with peace of mind in meeting these new regulatory requirements,” said Don Booher, Vice President, Stewart Ancillary Services. “By automating and streamlining AML reporting, FRS minimizes risk, reduces manual effort, and delivers secure, reliable compliance for every transaction.”
The industry-first platform enables seamless communication with all parties involved in the transaction, ensuring secure data collection, timely filing and required document retention. Other key benefits of FRS include advanced encryption for data protection, real-time status dashboards, and integrated support for both residential and commercial transactions.
”FRS was ready to launch December 1, but now the additional three months has provided the opportunity to better educate our customers and fully understand the finalized forms’ reporting requirements, ensuring the FRS solution takes the burden of FinCEN reporting off our title and closing customers, allowing them to focus on their business,” said Mark Bauwin, Stewart FinCEN Operations Director.
The Stewart FINCEN Reporting Services team will be at ALTA ONE, October 7–10. Reach out to customerservice@fincenreportingservices.com to schedule a meeting and discover how FRS can support your compliance needs. Learn more at stewart.com/AML-reporting.
About Stewart
Stewart (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage and real estate industries, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we are dedicated to becoming the premier title services company and we are committed to doing so by partnering with our customers to create mutual success. Learn more at stewart.com.
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STEWART INFORMATION SERVICES CORP.
P.O. Box 2029
John Chattaway, Stewart Media Relations
(281) 380-8377; mediarelations@stewart.com
Source: Stewart Information Services Corporation
