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JVC extends support service through Affiliate Partnership programme

diamond world news service

The JVC Affiliate Partnership Program is a special service platform created by the Jewelers Vigilance Committee (JVC), as a one-stop source for extending various support services to all segments of the jewellery industry. The JVC will affiliate with various companies to provide the services under the programme.

Its first affiliate partner is leading online identity verification and compliance solutions company - Veratad Technologies, LLC, which will provide identity verification services to jewellers protect their customers and business partners by verifying identities in person or online – thereby significantly reducing fraud and chargebacks.

These services, offered exclusively to JVC members, also support jewellers’ legal compliance obligations by identifying customers and business partners (required by the USA PATRIOT Act) and facilitating compliance with the required programme as per the FTC’s Red Flags Rule legislation of a written identity theft prevention programme for JVC jewellers extending credit.

Jewellers providing branded credit cards or in-house financing programmes can use these services to detect stolen credit cards or a stolen identity.

Cecilia Gardner, JVC’s president and CEO, said, “JVC’s Affiliate Partnership program provides services that help jewellers to protect their businesses from risk and help them meet their legal compliance obligations.” The JVC - Veratad Technologies partnership is the first-ever venture for both entities. The Veratad /JVC website is accessible at – www.veratad.net/jvc.

John Ahrens, Veratad’s Managing Director, said, “JVC is recognised as the premier legal and compliance resource for jewellers nationwide and as partners we can offer jewellers a valuable combination of expertise and technology driven compliance and fraud prevention solutions.”


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