Posts by Vanshika

Funding Shield shares its Q3 2020 Wire and Title Fraud Analytics

October 8, 2020 | by | Comments Off on Funding Shield shares its Q3 2020 Wire and Title Fraud Analytics

The US Mortgage Industry continues to face wire and title fraud risk in an unprecedented manner during Q3 2020. FundingShield‘s CEO Ike Suri shared their Q3-2020 analytics. The risk of wire and title fraud in the closing and settlement space persisted and grew in certain risk concentrations during Q3 2020. Our unique data analytics captures data at the transaction level allowing us to pro-actively remediate risk and report potential first or third-party fraud, misrepresentations, errors due to negligence or operational gaps, as well as cybersecurity threats. FBI’s IC3 report issued a warning to the market of increased 3rd party fraud
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Categories: Press and Press Releases.

CEO Ike Suri Discusses how to create a safe, secure and seamless homebuying experience for customers

September 24, 2020 | by | Comments Off on CEO Ike Suri Discusses how to create a safe, secure and seamless homebuying experience for customers

FundingShield’s CEO Mr. Ike Suri on how top minds in today’s industry provide borrowers a safe, secure, and seamless homebuying experience. Specifically, discover the innovative wire fraud prevention solutions that are available to today’s lenders powered by the partnership of Ellie Mae and Volly. Click here to watch the video.
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Categories: Media, News Letters, and Press.

President, Adam Chaudhary Presents FundingShield’s Capabilities at NEXT Summer 20

August 25, 2020 | by | Comments Off on President, Adam Chaudhary Presents FundingShield’s Capabilities at NEXT Summer 20

FundingShield’s Adam Chaudhary was recently featured in NEXT Mortgage News’ NEXT Summer 20 virtual event. Adam shared how FundingShield works to protect against title and wire fraud. [intense_video video_url=”https://youtu.be/iojkkoogRT0″ show_badge=”0″ show_byline=”0″ show_portrait=”0″]
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Categories: Media, Press, and Press Releases.

CEO Ike Suri Discusses Cybersecurity at Mortgage Innovators Conference

August 18, 2020 | by | Comments Off on CEO Ike Suri Discusses Cybersecurity at Mortgage Innovators Conference

FundingShield’s Ike Suri was recently featured on a virtual panel at the Mortgage Innovators Conference discussing the importance of cybersecurity and what people need to be doing now to protect themselves. [intense_video video_url=”https://youtu.be/LZo14pLqfOw” show_badge=”0″ show_byline=”0″ show_portrait=”0″]
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Categories: Media, Press, and Press Releases.

President Adam Chaudhary Details FundingShield’s Capabilities at Mortgage Innovators Conference

August 17, 2020 | by | Comments Off on President Adam Chaudhary Details FundingShield’s Capabilities at Mortgage Innovators Conference

FundingShield’s Adam Chaudhary was recently part of a Tech Demo at the Mortgage Innovators Conference detailing FundingShield’s WAVs and Guardian Service. [intense_video video_url=”https://youtu.be/4tuZC_Gk9hg?t=988″ show_badge=”0″ show_byline=”0″ show_portrait=”0″]
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Categories: Media, Press, and Press Releases.

Fundingshield Shares it’s Q2-2020 Wire & Title Fraud Analytics

August 3, 2020 | by | Comments Off on Fundingshield Shares it’s Q2-2020 Wire & Title Fraud Analytics

Lenders need to safeguard their Ops and workflows from an epidemic rise in Wire/ Title Fraud, Risk and Compliance further exacerbated by the rise in work from home. FundingShield CEO Ike Suri shared their Q2-2020 analytics, “The risk of wire and title fraud in the closing and settlement space continues to grow due to fast moving changes in closing practices, Work-from-home and more due to COVID-19. Comparing Q1 vs Q2-2020 we saw an alarming increase in fraud/risk exposure in CPL errors/issues of nearly 50%, 530% increase in CPL/Agent validation errors with title insurers and nearly 135% increase in state licensing
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Categories: Press and Press Releases.

FundingShield Welcomes Patricia Suazo as Vice President of Technology Operations & Integrations

July 20, 2020 | by | Comments Off on FundingShield Welcomes Patricia Suazo as Vice President of Technology Operations & Integrations

FundingShield is pleased to announce that Patricia Suazo has recently joined the team as the Vice President of Technology Operations and Integrations. Patricia brings more than 15 years of leadership experience in the mortgage lending space, previously working with firms including Stearns Lending, Bank of America, Carrington Holding Company & CloudVirga. Patricia specializes in software systems implementation, migrations, and integration. She has extensive knowledge and experience in digital platforms and automation. Patricia is a Certified Scrum Product Owner and her experience includes roles as IT Systems Product Manager, Lead and Sr. Business Systems Analyst for Digital Mortgage POS/LOS integrations, Business
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Categories: Press and Press Releases.