Background Check Web Application
Description
FDIC can only maintain contact details of individuals or entities if they are self reported by them. The CLEAR service provides potentially the most current contact and entity information for Individuals or Companies who may be holding monetary assets or bonds in failed institutions and may need to be reimbursed.
Detailed example
Web based output with contact details for individuals or entities.
AI / analytics pattern
Classical/Predictive Machine Learning: Models trained on data to make predictions or classifications based on identified patterns or relationships.
Automation level / stage
c) Deployed – The use case is being actively authorized or utilized to support the functions or mission of an agency.
Expected benefit
Expected benefits are the most current contact information for individuals/companies including any related subsidiary entities.
Controls / human review
ATO: Yes; PIA: No
Data needed
FDIC does not train the model.