FundingShield named HousingWire #Tech100 2022 winner for the 4th year in a row HW Tech100 Provides wire and title fraud prevention for the mortgage and real estate market. FundingShield is one of the only MISMO Certified FinTechs offering B2B & B2B2C solutions. Read More
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Mortgage Bankers Association’s Technology Solutions Conference #tech2022
FundingShield Q2 2021 Fraud Analytics FundingShield is excited to lead a panel at Mortgage Bankers Association‘s Technology Solutions Conference #tech2022 at The Bellagio Resort Las Vegas, NV April 11-14 Join in person to see an awesome panel of business leaders in lending, title and technology discuss “Wire & Other Cyber Fraud in the Mortgage Industry” Panelists: –Ike Suri Chairman & CEO – FundingShield –David Townsend, Esq, NTP President & CEO – Agents National Title Insurance Company –Michele Kryczkowski SVP National Fulfillment – Planet Home Lending, LLC –Michele Buschman Chief Information Officer – American Pacific Mortgage
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FundingShield Wire Fraud Analytics Q4 2021
FundingShield Q4 2021 Fraud Analytics Commentary from FundingShield’s CEO Ike Suri “Wire and title fraud risk remained at elevated levels in the fourth quarter of 2021 where 42% of loans reviewed by FundingShield had at least one risk finding, and of those loans, an average of 2.1 risk findings existed per transaction. This is a sign of continued heightened levels of overall risk and consistently highly concentrated risk elements for problematic loans. In all categories, the fourth quarter levels remained above-average on the approximate $75 Billion plus sample set pulled from Q4 2021 data. This quarter we
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The Future Of Mortgage Technology: Benefits And Threats, by Ike Suri
Media and Press Releases.
7 ways to protect yourself against cyber attacks
7 ways to protect you against cyber attacks One of the most efficient ways to protect you against cyber attacks is to learn or train yourself or your employees on these sort of attacks, so here’s a list of 7 ways to protect you against cyber attacks. Don’t overshare on social media You need to be very careful on what you are sharing on social media, and although this may be too obvios sometimes we don’t understand the sensitiveness of the information we are posting. For example, posting the an old photo about your elementary school might be giving answers
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Media, News Letters, Press, and Press Releases.
2021 Vanguard: Ike Suri
Protect Your Clients and Yourself From Wire Fraud Foil scammers before they steal someone’s closing funds Write Up From HousingWire: 2021 Vanguard: Ike Suri Ike Suri is a pioneer in automated fintech fraud prevention solutions for the mortgage market. He has led FundingShield’s efforts in protecting lenders and consumers against wire fraud, title fraud and other cyber threats. Under his leadership, FundingShield’s products and solutions have created a new category of services for the mortgage and real estate industry, delivering real-time, transaction-level title/closing agent compliance and fraud risk management services. These solutions also drive cost savings, with clients realizing over
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Media, News Letters, Press, and Press Releases.
FundingShield’s CEO, Ike Suri Provides Insights on Protecting Clients and Organizations from Wire Fraud
Protect Your Clients and Yourself From Wire Fraud Foil scammers before they steal someone’s closing funds By Ike Suri, FundingShield CEO Published in Scotsman Guide September 2021 Edition Homepage ———————————————————————————————————————————————————————- Wire Fraud is a growing problem for mortgage lenders of all sizes and their clients. This kind of fraud targets down payments and loan funds being sent into escrow. The scammer, who could be internal or external, uses a version of a phishing ploy ÔÇö often using email purporting to be from a legitimate company ÔÇö to infiltrate networks and watch transactions progress. At the right time, they send fraudulent
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Media.
#APIs, #formfree, #MortgageTech, #wirefraud, #wires, Bank, BEC, Business Email Compromise, Closing, Compliance, corelogic, Cyber, FBI, Fintech, Fraud, Freddie Mac, Mortgage, regtech, Risk, Security, and Title.
#APIs, #formfree, #MortgageTech, #wirefraud, #wires, Bank, BEC, Business Email Compromise, Closing, Compliance, corelogic, Cyber, FBI, Fintech, Fraud, Freddie Mac, Mortgage, regtech, Risk, Security, and Title.
FundingShield – LIVE from 2021 Western Secondary Market Conference | Episode 12 | Mortgage Innovators Podcast
Media, News Letters, and Press.
FundingShield named in 2021 Inc. 5000 Fastest-Growing Private Companies List
FundingShield named in 2021 Inc. 5000 Fastest-Growing Private Companies List Newport Beach, CA., August 18, 2021 – Inc. magazine today revealed that FundingShield made its annual Inc. 5000 list of the nation’s fastest-growing private companies. Inc. 5000 is not only a prestigious ranking but also offers a unique look at the most successful companies within the American economy’s most dynamic segmentÔÇöits independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “FundingShield has been executing upon our vision and objectives to deliver innovative,
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It’s easier than you think to protect home buyers from wire fraud
It’s easier than you think to protect home buyers from wire fraud By Ike Suri, FundingShield’s CEO How secure is your business from scammers? On the frontend, you’re probably verifying the buyer’s income and employment, and the value of the home they’re buying. But what about the backend? Are you safeguarding borrowers from hacks that could compromise their data or cause their down payment to disappear? Such a loss would be devastating to a buyer who’s saved up that money over years. But as a lender, you’ll pay a price too. If a loan closing is delayed (or
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