Archives for Media

Underwriting, Rural Products; WFH, Anti-Fraud, Digital Webinars; Guideline Shifts Continue

May 4, 2020 | by | Comments Off on Underwriting, Rural Products; WFH, Anti-Fraud, Digital Webinars; Guideline Shifts Continue

Rob Chrisman discusses the latest mortgage news, highlighting Ike Suri’s recent MBA webinar (link “MBA webinar” to the news post about the webinar) which discussed the increased prevalence of wire fraud attempts as part of the work from home environment caused by the COVID-19 pandemic. [intense_button link=”http://www.mortgagenewsdaily.com/channels/pipelinepress/04282020-mortgage-podcasts.aspx” target=”_blank” title=”READ FULL ARTCLE”]READ FULL ARTICLE[/intense_button]
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Categories: Media and Uncategorized.

Volly Announces New Integration Partnership with FundingShield

April 2, 2020 | by | Comments Off on Volly Announces New Integration Partnership with FundingShield

Volly, an industry-leading provider of SaaS-based enterprise technology and marketing solutions for banks, credit unions and mortgage lenders, including CRM, Marketing Automation, Marketing Portal, Portfolio Retention, POS and Loan Officer Website solutions, announced that it has entered into an integration partnership with FundingShield, a market-leading provider of wire fraud prevention, mortgage compliance and risk management fintech solutions. This seamless integration allows lenders to utilize FundingShield’s wire fraud and settlement risk management technology through the Volly POS platform. Known as the Guardian Service, this technology provides a loan level certificate of assurance that confirms good settlement, valid CPL coverage, wire account
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Categories: Media, Press, Press Releases, and Uncategorized.

As America Moves to WFH, Cyber-Security has Never Been More Important – Solutions in a single click for EllieMae and API Users

March 22, 2020 | by | Comments Off on As America Moves to WFH, Cyber-Security has Never Been More Important – Solutions in a single click for EllieMae and API Users

  The response to the novel Coronavirus in the mortgage industry has been justifiably rushed. Unfortunately, as lenders move quickly to ensure business continuity by moving to work from home (WFH) environments, vulnerability to bad actors has been amplified like never before. Wire fraud and regulatory compliance violations have risen by an additional 62% within the last 10 business days alone. It is crucial to take the necessary steps to prevent wire and title fraud with FundingShield’s fintech solutions- now more than ever. During this volatile time, leveraging an API driven digital strategy is paramount to success. FundingShield’s partnership with
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Categories: Media, Press, and Press Releases.

Disruption in Operations due to Coronavirus (COVID-19) is an Opportunity to Embrace Fintech and Leverage its Tools to run a Healthy and Prosperous Business

March 19, 2020 | by | Comments Off on Disruption in Operations due to Coronavirus (COVID-19) is an Opportunity to Embrace Fintech and Leverage its Tools to run a Healthy and Prosperous Business

As the Coronavirus (COVID-19) has been classified as a pandemic, businesses need to prepare themselves for the reality that Coronavirus will cause disruptions to their daily operations. Having a secure and proactive response plan is crucial in times of uncertainty. FundingShield and its award-winning MISMO certified fintech tools provide solutions to keep your business safe and functional in uncertain times. With vulnerability at an all-time high, here’s what we know will be crucial to maintain daily operations in a tech-oriented market: A secure crisis management plan Transparent, clear, and secure communications Consideration for the likelihood of mass absenteeism Plans to
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Categories: Media and Press Releases.

2020 HW Tech100 Real Estate winner: FundingShield

March 14, 2020 | by | Comments Off on 2020 HW Tech100 Real Estate winner: FundingShield

FundingShield is a fintech firm offering plug-and-play, scalable, cloud-based risk, compliance and fraud technology solutions to protect the mortgage, real estate, title, and legal industries from wire fraud, social engineering attempts, injection attacks and regulatory and compliance risk with third parties. Using its customized APIs, FundingShield provides actionable transaction-level intelligence. The company emphasizes clear communication and uses a binary pass/fail intelligence. $6 billion closings halted by clients or redirected More than $530 billion closing value monitored $90 billion flagged for closing deficiency or inconsistency
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Categories: Media, Press, and Press Releases.

Wire Fraud Consequences to Mortgage Lenders

March 14, 2020 | by | Comments Off on Wire Fraud Consequences to Mortgage Lenders

By Sabrina Park Ike Suri and Adam Chaudhary of fintech firm, FundingShield, talk wire and title fraud prevention in the mortgage industryÔÇöa new target for hackers with sophisticated technology designed to sidestep internal fraud controls. Less than 6 months ago, we were having a conversation with a reverse mortgage lender who had personally experienced a fraudulent attack on a $200,000 wire transfer. The lost funds were never recovered. When you get right down to it, law enforcement can’t keep up with the rapid pace at which internet crime is rising. And with fraudulent reports increasing by 1,100%, the FBI has
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Categories: Media, Press, and Press Releases.

Ike Suri, FundingShield Chairman & CEO, Named Tech Trendsetter 2019 by HousingWire Magazine.

October 11, 2019 | by | Comments Off on Ike Suri, FundingShield Chairman & CEO, Named Tech Trendsetter 2019 by HousingWire Magazine.

Write Up From HousingWire: 2019 HW Tech Trendsetter: Ike Suri An investor and enterprise builder, Ike Suri can form a vision, design a plan and implement, execute and deliver successful solutions for clients and consumers in technology and tech related industries. CONTACT INFO@FUNDINGSHIELD.COM FOR ANY MEDIA INQUIRIES
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Categories: Media and Press.
Tags: #CEO, #Chairman, #ikesuri, #leadership, #wirefraud, Fintech, and Fundingshield.

FundingShield’s Chairman & CEO, Ike Suri, interviewed by MortgageMedia’s Dave Matthews

October 4, 2019 | by | Comments Off on FundingShield’s Chairman & CEO, Ike Suri, interviewed by MortgageMedia’s Dave Matthews

CLICK ON IMAGE BELOW TO VIEW THE FULL INTERVIEW AND WRITE UP FROM MorgtgageMedia Loan Security: Don’t Bring a Knife to a Gunfight
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Categories: Media and Press.
Tags: BEC, Business Email Compromise, consumer, Cyber, downpayment, funding, home, loan, Media, Mortgage, Mortgagemedia, payment, Webcast, and Wire Fraud.