Unless you’ve been living under a rock, you know how much the ability to secure data can influence and potentially wreck your campaign. Threats like hacking into servers, data mining, and the increased volatility of politics leads to increasing methods to protect campaigns.
It is the job of your payment processor to not only process and transfer donations, but protect your campaign and contributors. One way RaiseTheMoney.com is working to protect our clients and their contributors: securing our underwriting and vetting process for new clients. We’ve recently added increased verification tools to better equip our system to target and reject fraudulent campaigns. Even the FEC has had their share of problems with these fraudulent accounts, seeing accounts come through from pop culture references such as ‘Left Shark.’ Although some are quite comical, others have a more sinister approach: creating fraudulent campaigns or phishing attempts to sabotage campaigns.
We’d like to share a quick note on these changes. Any new accounts created will be required to submit a government issued color Photo Identification. This includes a passport or Driver’s License. Campaigns will also be required to enter either their name and full Social Security Number or their campaign legal entity name (that exactly matches IRS records) and the Tax-ID Number or Employer Identification Number. Addresses given must be Physical Addresses, not Post Office boxes.
RaiseTheMoney.com greatly appreciates our clients and we are excited to move our company even further towards advanced security measures to prevent fraudulent behavior.