Sterling Check Corp. (NASDAQ:STER) (“Sterling”), a leading provider of background and identity services, today announced that the Financial Industry Regulatory Authority (FINRA) selected the company as the regulator’s designated fingerprint services provider. Under this arrangement, Sterling will process and submit fingerprints to the Department of Justice (FBI) on behalf of FINRA for broker-dealer firms and funding portals.
“Sterling is thrilled to be named FINRA’s designated fingerprint services provider, and we look forward to bringing our modern, streamlined fingerprint processing and submission solution to broker-dealer firms and funding portals,” said Sterling CEO Josh Peirez.
By providing an optimized and technically advanced fingerprinting experience, Sterling delivers an innovative and modern solution for the financial services industry. Sterling provides state-of-the art technology, processing efficiencies, and reduced pricing to firms for their fingerprinting needs, integrating fingerprint processing and submission service into the processes that firms and fingerprint service providers rely on for identity firmographics.
FINRA will require broker-dealer firms and funding portals, or their designated vendors, to route all fingerprints to Sterling under the new process, starting December 6, 2021. For more information on how to transition to the new fingerprint process, firms should visit sterlingcheck.com/FINRA.