FundingShield’s Ike Suri and Adam Chaudhary Cyber Security Tech Talk at CMBA Mortgage Innovators 22 #MIC22: Mortgage Innovators Conference bring together experts, industry leaders, and of course, innovators.
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FundingShield CEO Ike Suri leading a panel on Cyber Security at #MBATech22 in Las Vegas
FundingShield CEO Ike Suri leading a panel on Cyber Security at #MBATech22 in Las Vegas #MBATech2022: Mortgage Industry Faces Growing Security Risks, Security risks don’t just mean breaches and ransomware. Increasingly, individuals and companies are losing money due to wire fraud and other attacks. Continue reading…
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FundingShield attended ICE Mortgage Experience 22
FundingShield attended ICE Mortgage Experience 22 FundingShield attended ICE Mortgage Experience 22 on March 14-16 demonstrating how its award winning solutions can deliver wire and title fraud prevention to Encompass user with a single click
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FundingShield named HousingWire #Tech100 2022 winner for the 4th year in a row
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
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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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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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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