Fidelity National develops fraud solutionMortgagePress.comMortgage fraud, Fidelity National Information Services
Fidelity National Information Services Inc. has begun to market
its new fraud-screening tool, FraudDetector, which combines
borrower and property fraud detection data on a single-page
Delivered via the Web in real-time, the system enables lenders
to identify high-risk loans at the point of origination, reducing
the potential for fraud-related risk. In addition to determining
overall fraud risk, the FraudDetector also breaks down each
applicant's potential for fraud in identity, occupancy, valuations
and suspicious transactions/flips.
Jacksonville, Fla.-based Fidelity National Information Services
Inc.is a provider of the following: core processing for financial
institutions, card issuer and transaction processing services,
mortgage-loan processing and mortgage-related information products
and outsourcing services. For more information, call (888) 934-3354
or visit www.fnf.com.