The accounting firm Crowe Chizek and Co., LLC reported that RDS here has successfully completed its annual Type 2 SAS70 audit examination. The audit evaluated controls related to the cuStar core data processing application system and service center operations for a six-month test period.
The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.
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