CBC, DataVerify Merge

CBC Cos., a provider of credit and risk management solutions based in Columbus, Ohio, has merged with DataVerify, a provider of mortgage risk assessment and fraud prevention systems based in Chesterfield, Mo.CBC said it will leverage DataVerify's fraud and data integrity analytics, rules, and scoring to help solve mortgage risk problems faced by financial markets and institutions. DataVerify's solutions automate most of the data validation steps in the lending process. According to CBC, the resulting benefits to DataVerify and CBC customers include: increased loan production and revenues; mitigation of financial and reputational risks; conformity with regulations; and lower operational costs. The companies can be found on the Web at http://www.cbcinnovis.com and http://www.dataverify.com.