The risk assessment firm, which stores data on 17m people, has hired Blue Sheep to aggregate all the information it amasses into a database on a quarterly basis, flagging up individual records and tracking general consumer behaviour.
The three-year deal will allow Fraudscreen to more accurately provide up-to-date information on which customers are the most likely to default on payments or over-claim on insurance policies, the company said.
James Middleshurst, Fraudscreen managing director, said: "Our partnership with Blue Sheep leverages its in-house database skills to make the process of delivering our services more effective."
Blue Sheep, which has worked in B2B marketing since 1983, will also make it possible for Fraudscreen users to carry out real-time database look-ups online and over the phone. This will enable them to make instant decisions about how reliable a customer is.
Richard Lee, Blue Sheep managing director, said: "Fraudscreen has a great proposition to assist businesses in understanding consumers who are a high risk. We are thrilled to win this account through a competitive pitch."