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Article: Platinum Data Introduces Powerful New Fraud Detection and Appraisal Review Tool; Collateral Expert Brings Confidence to the Finance Industry.
- Article from:
- Business Wire
- Article date:
- October 22, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MISSION VIEJO, Calif. -- Platinum Data, the leading provider of data analysis products and services to the financial industry, today announced the launch of "Collateral Expert," a unique fraud detection and appraisal review tool that details property information derived from multiple data sources.
Collateral Expert is a proprietary product that can identify potential "flips" or fraudulent activities on a specific property. It not only searches the traditional collateral indicators of fraud, but also identifies the relationship between buyers and sellers that are involved in this deception. The combination of factors used in Collateral Expert provides efficiency ...