The intent of CertifID’s new software is to fill a risk-gap in the payoff process between title companies and lenders. Cases have increased of criminals impersonating banks and mortgage lenders, requesting fraudulent payoff requests from title companies. Continue reading
The move eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform. Continue reading
A number of software companies have taken on the fight against real estate wire fraud, and with a fresh round of Series A funding to the tune of $12.5 million, technology CertifID is even more prepared for battle. Continue reading
CertifID, a company providing security and authentication software, just raised its customer guarantee to cover up to $1 million in losses. Continue reading