Lack of transparency in securitization transactions contributed significantly to the current global financial crisis. This article proposes an incentive-compatible mechanism for future securitization transactions that would increase transparency: financial claims with “fingerprints.” This mechanism would allow market participants at each stage of the securitization process to easily obtain full information about the underlying original risks and the superior claims that need to be satisfied before receiving their own payoffs. The mechanism would considerably enhance transparency in securitization transactions at the expense of some transaction costs.