Compliance & Regulatory Standards

EmagineNET Technologies, Inc.

EmagineNET is committed to helping retailers, MSBs, and financial service centers operate with confidence by providing tools that support federal and state regulatory requirements. Our QuickCheck platform is designed to simplify compliance, strengthen operational accuracy, and give your business the structure needed to meet industry standards.

We do not replace your legal or regulatory obligations. Instead, we provide technology that helps you meet them more efficiently and consistently.

Our Commitment to Compliance

Operating a check cashing business requires strict adherence to federal, state, and local regulations. EmagineNET supports your compliance efforts through automated tools, recordkeeping features, and protective controls designed for high-risk financial services environments.

Our system focuses on three core pillars:

1. Compliance Readiness

QuickCheck includes built-in workflows that help you meet regulatory expectations related to customer verification, reporting, and transaction monitoring. These tools streamline documentation, reduce manual errors, and maintain clear audit trails.

2. Risk Management

Our platform helps you detect suspicious activity, reduce fraud exposure, and maintain accurate transaction logs using real-time data and automated alerts. These features assist in meeting AML and MSB compliance requirements.

3. Data Protection

We protect sensitive information with strong encryption, secure servers, and privacy controls designed to meet the expectations of regulators and financial institutions.

Federal Compliance Support

While you are responsible for maintaining your business’s compliance, QuickCheck provides features that support your obligations under federal law, including:

Anti-Money Laundering (AML)

QuickCheck includes recordkeeping tools, customer verification steps, and activity logs that help you identify and prevent potentially suspicious transactions.

Bank Secrecy Act (BSA)

Our reporting workflows and stored data help support your ability to comply with BSA requirements governing financial recordkeeping and reporting standards.

CTR & SAR Assistance

QuickCheck generates alerts and structured logs that help you identify transactions that may require a Currency Transaction Report (CTR) or Suspicious Activity Report (SAR).
Final submission remains the responsibility of your business.

OFAC / SDN Screening

Customer and company validations include checks against OFAC and SDN lists to help identify restricted individuals or entities.

State & Local Requirements

Each state has unique requirements for check cashers and MSBs. QuickCheck provides tools that help you meet or support:

• Identity and customer verification

• State-specific reporting requirements (e.g., FL MSB reporting)

• Transaction logs and audit histories

• Fee transparency and documentation

• Risk and policy management workflows

• Electronic storage of required records

It is your responsibility to understand the regulations in your jurisdiction. QuickCheck serves as the operational system that helps you meet them consistently.

Recordkeeping & Audit Support

EmagineNET does not store customer, check, transaction, and policy data. The entire data is stored in your local computer; you must maintain proper records for regulatory audits. Features include:

• Comprehensive transaction logs

• Customer history records

• Automated retention of key data fields

• Electronic timestamps and event records

• Policy adjustments with change logs

Fraud Prevention & Network Intelligence

EmagineNET operates one of the largest independent fraud detection networks in the industry.
Our system helps you reduce risk through:

• Cross-store and cross-network activity detection

• Validation of company and customer profiles

• Automated risk scoring

• Real-time fraud alerts

• Bad check reporting

• Repeat offender blocking

These tools complement—but do not replace—your required compliance procedures.

Data Security & Privacy Protection

Safeguarding sensitive financial and personal information is central to compliance. EmagineNET protects your data with:

• End-to-end encryption

• Secure data transmission

• Controlled access permissions

• Multi-layer authentication

• Protected hosting environments

• Regular platform updates and security patches

Your business remains responsible for protecting access to your systems, defining internal policies, and ensuring proper employee practices.

Disclaimer

EmagineNET Technologies, Inc. provides tools that support regulatory compliance but does not provide legal, financial, or compliance advice.
All federal, state, and local compliance obligations remain the responsibility of your business.

We strongly encourage you to consult with qualified regulatory professionals, attorneys, or compliance advisors to ensure full adherence to applicable laws.