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In what way does the “Red Flags Rule” under the Fair and Accurate Credit Transactions Act (FACTA) relate to the owner of a grocery store who uses a money wire service?

In what way does the “Red Flags Rule” under the Fair and Accurate Credit Transactions Act (FACTA) relate to the owner of a grocery store who uses a money wire service?
A . It mandates the use of updated technology for securing credit records
B . It requires the owner to implement an identity theft warning system
C . It is not usually enforced in the case of a small financial institution
D . It does not apply because the owner is not a creditor

Answer: A

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