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Monday, January 24, 2005

ISO Acquires AppIntelligence, Provider of Fraud-Detection Services to the Mortgage Industry

ISO Acquires AppIntelligence, Provider of Fraud-Detection Services to the Mortgage Industry

JERSEY CITY, N.J., Jan. 24 /PRNewswire/ -- ISO has acquired AppIntelligence, a provider of web-based analytic tools designed to identify and detect fraud in the residential mortgage industry. More than 600 customers of the Weldon Spring, Mo.-based company use AppIntelligence solutions in the prequalification, processing, underwriting, quality control/quality assurance and compliance phases of the mortgage-lending process. Customers will not experience any service disruption from the transfer of AppIntelligence's control, both companies stressed. Terms were not disclosed.

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. Professionals use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.

EDITOR'S NOTE: Visit http://www.iso.com/ and http://www.appintelligence.com/.


Source: ISO

CONTACT: Christopher Guidette of ISO, +1-201-469-2427,
cguidette@iso.com

Web site: http://www.iso.com/
http://www.appintelligence.com/


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