Integration expands menu of mortgage fraud detection tools available through Interthinx
AGOURA HILLS, Calif., Feb. 20, 2007 — Interthinx™, the leading provider of comprehensive fraud prevention, compliance and decision support tools for the mortgage industry, has integrated its loan-level fraud detection system, FraudGuard®, with the Empower® loan origination system (LOS) from Fidelity National Information Services, Inc. (FIS). FIS Empower is dedicated to providing the best software solutions in the lending community. As a result of this integration, loans originated in Empower can be submitted to FraudGUARD for automatic screening for potential mortgage fraud.
“Empower customers who use the interface will find the experience convenient because they can export loan-application data to the FraudGUARD system without having to exit the Empower software system or re-enter loan data,” noted Mike Zwerner, Sr. Vice President Business Development & Marketing for Interthinx. Zwerner continued, “With FraudGuard, Empower clients have access to the most comprehensive and progressive evaluation tool available. FraudGuard was designed to help reduce risk, increase pull through rates, process more loans with less resources and improve loan quality.”
About Fidelity Information Services
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. Approximately 50 percent of all U.S. residential mortgages are processed using FIS software. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one banking service provider in the world by American Banker and the research firm Financial Insights and the number two overall financial technology provider in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.
About Interthinx
Interthinx, Inc., an ISO business, is the nation’s leading provider of risk mitigation and regulatory compliance tools for the financial services industry. Used at every point in the mortgage lifecycle to prevent mortgage fraud and compliance violations and to assess risk, Interthinx is relied upon by over 1400 customers, including 15 of the top 20 mortgage lenders and 3 of the top 5 largest financial institutions. With technology which earned Mortgage Technology Magazine’s prestigious 10X Award as “a diagnostic and corrective solution of the highest order”, Interthinx expertise in predictive analytics, data mining and risk scoring sets the standard for the industry and directly increases the value of client portfolios. For more information, visit www.interthinx.com or call 1-800-333-4510.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO’s databases and services to classify and evaluate a variety of risks and detect potential fraud. In the United States and around the world, ISO services help customers protect people, property and financial assets.
Release: Immediate
Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com
Kristi Kennelly (Interthinx)
818-878-284