NEW YORK - CertCo Inc. plans a September unveiling for a service targeting users of Internet business-to-business exchanges.
CertCo RMX will authenticate, online, buyers' and sellers' identities and creditworthiness, as well as verify purchasing authorities. Currently, buyers and sellers have to perform such tasks offline once they agree to the terms of a deal.
Other features will include credit analysis and credit scoring for public and private companies worldwide; transaction insurance; trade finance advisory services from Deutsche Bank; information from Media General Financial Services; access to the Securities and Exchange Commission's Edgar database; and CertCo's public key infrastructure technology.
"CertCo RMX will lessen the risk of online transactions and increase trust between online trading partners," said June Felix, chairman, chief executive officer, and president of CertCo.