Archives for Media

Ike Suri featured on the California Mortgage Bankers Diversity, Equity & Inclusion podcast

    Ike Suri featured on the California Mortgage Bankers Diversity, Equity & Inclusion podcast   FundingShield’s CEO Ike Suri sat down with Tai Pherribo Christensen of Arrive Home to discuss his journey as a student immigrant from India to successful entrepreneur. Thank you to California Mortgage Bankers Association’s Diversity, Equity & Inclusion Committee for hosting this webinar. Our stories, our diversity and our journeys highlight the vibrant communities we serve.
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Categories: featured and Media.

FundingShield Q1 2023 Wire & Title Fraud Analytics

    FundingShield Q1 2023 Fraud Analytics Commentary from FundingShield’s CEO Ike Suri: Wire and title fraud risk reached another new record in the first quarter of 2023 at 51.6% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Mid-size businesses (defined as those with 250-2000 employees) are particularly vulnerable to cyber-attacks due to lack of resources relative to the number of systems, endpoints and amount of data they hold. In the mortgage industry these midÔÇösized companies
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Categories: featured and Media.

FundingShield Ranks No. 43 on Inc. Magazine’s 2023 List of the Pacific Region’s Fastest-Growing Private Companies

    FundingShield Ranks No. 43 on Inc. Magazine’s 2023 List of the Pacific Region’s Fastest-Growing Private Companies   FundingShield is incredibly proud to announce that is has ranked as the #43 fastest growing private company in the Pacific on the Inc. Magazine 2023 awards. ÔÇ¿ Companies on the 2023 Inc. 5000 Regionals: Pacific list had an average growth rate of 559 percent between 2019 and 2021. The private companies that made the list had an average growth rate of 559 percent and, in 2021 alone, added 14,536 jobs and $4.6 billion to the Pacific region’s economy. Companies based in
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Categories: Media and Press.

Podcast: 2023 Cybersecurity & Fraud Threat Landscape in the Mortgage Industry

    FundingShield CEO Ike Suri interviewed by Fidelity National Financial’s Chuck Cain on the “FNF Unplugged” PodCast   Click on the link below to hear our CEO, Ike Suri, speak with Fidelity National Title Insurance Company’s, Chuck Cain (SVP- National Agency Division at FNF Family of Companies) on wire and title fraud risk in the year ahead. Chuck and Ike discussed cyber security risks and how FundingShield is helping lenders, title insurers, consumers and market participants avoid fraudsters and why utilizing our solutions helps drive efficicincies to prevent fraud and safe money using live transaction level diligence. Podcast Below.
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Categories: featured and Media.

FundingShield Q4 2022 Wire & Title Fraud Analytics

    FundingShield Q4 2022 Wire & Title Fraud Analytics Commentary from FundingShield’s CEO Ike Suri: Wire and title fraud risk reached another new record in the fourth quarter of 2022 at 50.5% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Insurance costs continue to rise with more acute coverage being offered by insurers that do not capture the wire and title fraud risk. Insurance Insider examined Beazley’s Cyber book and found, “”…US cyber pricing increased
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Categories: featured and Media.

PRESS RELEASE: FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board

  PRESS RELEASE:   FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board   Newport Beach, CA (January 10, 2023) – FundingShield announced that its CEO, Ike Suri, has been appointed as a board member to the California Mortgage Bankers Association (“CMBA”), the country’s largest state level Mortgage Finance Association. The appointment of Ike Suri comes at a time when the mortgage market is seeking further efficiencies driven by technology to manage cost, risk, improve throughput and improve client experience in light
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Categories: featured, Media, and Press.