Archives for Media

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

  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

Coronavirus (COVID-19) has not been classified as a pandemic yet, but 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
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Categories: Media and Press Releases.

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

By Sabrina Park Ike Suri and Adam Chaudhary of fintech firm, FundingShield, talk wire and title fraud prevention in the mortgage industry—a 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.

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.

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.

Shred Media’s Jason Frazier Interviews FundingShield’s Ike Suri & Adam Chaudhary at the Inaugural California Mortgage Bankers Association (CMBA) Tech Innovators Conference 2019 in San Diego

  Shred Media – Live from CMBA’s Mortgage Innovators Conference with Adam and Ike of FundingShield from Shred Media on Vimeo. Wonderful sharing the message on wire fraud and settlement risk management for the mortgage and real estate industry with SHRED Media’s Jason Frazier alongside our CEO Ike Suri in San Diego at the California Mortgage Bankers Association Tech Innovators Conference #fintechhashtag#mbahashtag#mortgagebankershashtag#closinghashtag#fraudhashtag#titlehashtag#mortgagetechhashtag#realestateindustryhashtag#settlementhashtag#innovationhashtag#ceohashtag#Presidenthashtag#principal
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Categories: Media and Press.

FS CEO in Mortgage Compliance Magazine – Cognitive AI solutions

Please read the editorial by our CEO Ike Suri in the April 2019 edition of the Mortgage Compliance Magazine titled “Cognitive FinTech Solutions to Combat Wire Fraud & Risk” discussing how FundingShield’s automated, tech driven products and APIs can be seamlessly incorporated to reduce risk, increase margins and prevent fraud. “…Our firm has API tool kits, currently going through Ellie Mae integration, first Mortgage Tech IBM strategic partner on IBM Cloud. Our B2B and B2C solutions address the top 3 initiatives at all clients – 1.cut down operating costs 2. eliminate risk and 3. provide insurance against loan losses during
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Categories: Media and Press.