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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Archives for 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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Consumer Financial Protection Bureau Announces FundingShield’s Senior Advisor, Faith Schartz the Newest Advisory Committee Member
Consumer Financial Protection Bureau Announces FundingShield’s Senior Advisor, Faith Schartz as the Newest Advisory Committee Member WASHINGTON, D.C. – CFPB Acting Director Dave Uejio today announced the appointment of new members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These committee members will advise Bureau leadership on a broad range of consumer financial issues and emerging market trends. Click the link below to read on. https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-new-advisory-committee-members/
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FundingShield featured on Forbes Magazine “Combating Wire Fraud In The Mortgage Industry”
FundingShield featured on Forbes Magazine “Combating Wire Fraud In The Mortgage Industry” As real estate transactions have moved online, so have scammers who hope to intercept money that’s meant for down payments and funding loans. According to the FBI’s 2020 Internet Crime Report, nearly 14,000 people fell victim to real estate/rental fraud in 2020, which equated to a loss of more than $213 million… As published on: https://www.forbes.com/sites/forbesbusinesscouncil/2021/05/18/combatting-wire-fraud-in-the-mortgage-industry/?sh=4b9d7efc2e59
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eClosing MBA Demo Day
eClosing MBA Demo Day Come join FundingShield’s President, Adam Chaudhary at MBA’s eClosing Demo Day, May 20th 2:00 – 3:30 PM ET. We are pioneering the digitization of wire fraud prevention. Ensuring your funds impacting your closings and fundings are protected. Come join Us:
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HousingWire Reports FundingShield Q1 2021 Wire Fraud Market Risk Analytics
HousingWire Reports FundingShield Q1 2021 Wire Fraud Market Risk Analytics HousingWire reported FundingShield’s Q1-2021 Market Wire Fraud Risk Analytics showing that wire fraud & title fraud risks increased by ~90% from Q4 2020 to Q1 2021. 1 in 3 transactions had wire and title fraud risks during Q1 2021 and much of this risk was driven by growing adoption of eClosing solutions that lack third party oversight.
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Ike Suri named MBA Tech All Star 2021
Ike Suri named MBA Tech All Star 2021 “Suri was not selected because he got a lot of nominations. The quality of his vision in the past four years has transformed how many of us work. Plus, it’s hard to ignore the head of a company that has reviewed more than $1 trillion (that’s trillion with a “t”) in closing value.” As quoted by MBA Continue Reading
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FundingShield Demo’s at the MBA Spring21 conference
FundingShield shared its fintech, market-leading solutions in Wire & title fraud risk management to the mortgage industry at the Mortgage Bankers Associations national Spring21 conference. See the video link below: https://youtu.be/Hk28fDmkj4k Contact sales@fundingshield.com for a demo!
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“What Makes a Risky Vendor” with Adam J. Chaudhary
Jim Paolino, LodeStar Software Solutions talks about the “Problems the industry is facing and how we are working tirelessly to help the consumer.” with Adam J. Chaudhary (President of FundingShield).
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NEW PODCAST ALERT! “The Most Interesting Man in Mortgage Discusses His Business, Fraud Prevention & Movies” with Ike Suri
Mike Eshelman, CMB┬«, AMP talks with “The Most Interesting Man in Mortgage” Ike Suri (Chairman & CEO of FundingShield) and discusses his business, fraud prevention & movies – Listen now!
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