Armorpoint Unveils First On-Demand Identity Theft Management Solution to Deliver Unprecedented Levels of Consumer ID Security and Protection

SAN DIEGO--(BUSINESS WIRE)--Armorpoint, a leading provider of on-demand identity theft management solutions, today introduced a unique, web-based resource center as well as proactive tools and services to provide transparent personal data protection for ID fraud mitigation and risk management. The company’s highly innovative product line enables financial institutions and consumer-service organizations to offer customers value-added ID theft protection for increased security, confidence and retention.

“Armorpoint provides tools for identifying potential identity theft and credit fraud, enabling Home123 to build consumer trust and confidence in our commitment to keep personal data safe and secure.”

Armorpoint’s fully integrated solutions include an On-Demand Identity Theft Management Platform, Blanket Protection Service and Identity Theft Security Suite™. The on-demand platform is implemented as a private-label web portal, which enables banks, credit unions, mortgage lenders, consumer service and other impacted organizations to offer an online educational and self-help resource center to customers while also achieving FACT Act compliance. Around-the-clock incidence response and victim assistance hotline as well as a full-service call center and resolution services are provided through the company’s blanket protection offering. Armorpoint’s advanced Identity Theft Security Suite rounds out the product line with premium protection, credit reports and robust software tools to transparently combat identity theft and fraud.

According to Gary Shields, chairman and CEO of Armorpoint, the company employed Software as a Service (SaaS) and patent-pending technology to develop the industry’s first on-demand ID theft management platform and security suite. “Armorpoint’s comprehensive identity theft security solutions provide access to all the data that consumers need, whenever they need it, to ensure complete ID theft protection, detection, correction and restoration,” he said. “In doing so, we are closing a critical information gap while moving beyond traditional credit monitoring and reporting systems to lower risks and increase consumer peace of mind.”

Armorpoint’s product offerings shield consumers from personal data risks in much the same way that anti-virus software continuously protects computer data from viruses, hackers, spyware and spam. For example, Armorpoint’s on-line resource center offers subscriptions to e-alerts on industry threats and announcements, phishing attacks and data breaches. Subscribers also can obtain ID theft and credit education as well as access tools for ID theft management and resolution assistance.

In addition, Armorpoint’s Blanket Protection Service provides 24/7 victim assistance, one-on-one resolution service and $25,000 in identity theft insurance. Delivering the highest levels of protection, the Identity Theft Security Suite is an upgraded offering that handles daily credit monitoring, credit reports, automated alerts, credit freeze, web monitoring, along with access to public records.

For Home123 Corporation, a subsidiary of New Century Financial Corporation, one of the nation’s premier mortgage finance companies, Armorpoint’s solution is intended to help meet an ever-increasing need for Home123 customers to manage their credit before and after they obtain their mortgage. The concept is to create a partnership between Home123 and consumers to assist them in understanding their credit, and identifying their credit profile and means to improve it. Consumers also get access to ID theft and credit education as well as identity theft management and resolution assistance. “This is not just something we’re offering Home123 customers. We wanted to offer all consumers access to credit education and a desktop credit management solution to assist them in managing their credit score before and after their mortgage transaction,” said Tom Shaw, vice president of marketing for Home123. “Armorpoint provides tools for identifying potential identity theft and credit fraud, enabling Home123 to build consumer trust and confidence in our commitment to keep personal data safe and secure.”

Pricing and Availability

Currently available, Armorpoint sells its On-Demand Identity Theft Management Platform directly to financial institutions, consumer-service organizations and other organizations impacted by identity theft, which in turn, provide their customers with subscription-based, value-added services and proactive tools.

About Armorpoint

Armorpoint is a leading provider of on-demand identity theft management solutions for financial institutions and other impacted organizations. Founded in 2004, the San Diego-based company has developed a unique, private-label web platform where consumers can obtain ID theft and credit education as well as the proactive tools and services for ID theft management and resolution assistance. Armorpoint’s suite of solutions meets FACT Act compliance requirements while also empowering leading organizations with an on-demand identity theft management system to protect consumer for greater customer security, confidence and retention. For more information, visit www.armorpoint.com.