Experian, an information service firm, has launched CommercialFraud Insight, a fraud and authentication program designed to helpcompanies prevent business-to-business fraud. The new softwareanalyzes application information on businesses and their businessprincipals or guarantors, allowing clients to screen multiple datasources for potential fraud indicators.

“This industry constantly is asking for better ways to mitigatefraud losses and comply with federal know-your-customer mandates byverifying the identities of their clients,” said Mark Zablan,president, Experian's Business Information Solutions. “CommercialFraud Insight addresses this requirement while maximizing ourclients' customer service and analyst resources by allowing them toquickly identify suspect accounts for further analyst review. Italso allows them to streamline their application processes, savingtime and reducing search costs.”

With online management reports, Commercial Fraud Insight allowsclients to verify that their risk analysts are treating suspectaccounts properly. It also helps clients ensure policy complianceand recognize fraud trends that are most prevalent across theirindustries.