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FundingShield Ranks No. 43 on Inc. Magazine’s 2023 List of the Pacific Region’s Fastest-Growing Private Companies

March 6, 2023 | by | Comments Off on FundingShield Ranks No. 43 on Inc. Magazine’s 2023 List of the Pacific Region’s Fastest-Growing Private Companies

    FundingShield Ranks No. 43 on Inc. Magazine’s 2023 List of the Pacific Region’s Fastest-Growing Private Companies   FundingShield is incredibly proud to announce that is has ranked as the #43 fastest growing private company in the Pacific on the Inc. Magazine 2023 awards. ÔÇ¿ Companies on the 2023 Inc. 5000 Regionals: Pacific list had an average growth rate of 559 percent between 2019 and 2021. The private companies that made the list had an average growth rate of 559 percent and, in 2021 alone, added 14,536 jobs and $4.6 billion to the Pacific region’s economy. Companies based in
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Categories: Media and Press.

Podcast: 2023 Cybersecurity & Fraud Threat Landscape in the Mortgage Industry

February 21, 2023 | by | Comments Off on Podcast: 2023 Cybersecurity & Fraud Threat Landscape in the Mortgage Industry

    FundingShield CEO Ike Suri interviewed by Fidelity National Financial’s Chuck Cain on the “FNF Unplugged” PodCast   Click on the link below to hear our CEO, Ike Suri, speak with Fidelity National Title Insurance Company’s, Chuck Cain (SVP- National Agency Division at FNF Family of Companies) on wire and title fraud risk in the year ahead. Chuck and Ike discussed cyber security risks and how FundingShield is helping lenders, title insurers, consumers and market participants avoid fraudsters and why utilizing our solutions helps drive efficicincies to prevent fraud and safe money using live transaction level diligence. Podcast Below.
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Categories: featured and Media.

FundingShield Q4 2022 Wire & Title Fraud Analytics

January 19, 2023 | by | Comments Off on FundingShield Q4 2022 Wire & Title Fraud Analytics

    FundingShield Q4 2022 Wire & Title Fraud Analytics Commentary from FundingShield’s CEO Ike Suri: Wire and title fraud risk reached another new record in the fourth quarter of 2022 at 50.5% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Insurance costs continue to rise with more acute coverage being offered by insurers that do not capture the wire and title fraud risk. Insurance Insider examined Beazley’s Cyber book and found, “”…US cyber pricing increased
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Categories: featured and Media.

PRESS RELEASE: FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board

January 10, 2023 | by | Comments Off on PRESS RELEASE: FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board

  PRESS RELEASE:   FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board   Newport Beach, CA (January 10, 2023) – FundingShield announced that its CEO, Ike Suri, has been appointed as a board member to the California Mortgage Bankers Association (“CMBA”), the country’s largest state level Mortgage Finance Association. The appointment of Ike Suri comes at a time when the mortgage market is seeking further efficiencies driven by technology to manage cost, risk, improve throughput and improve client experience in light
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Categories: featured, Media, and Press.

FundingShield Wire Fraud Analytics Q3 2022

October 26, 2022 | by | Comments Off on FundingShield Wire Fraud Analytics Q3 2022

      FundingShield Q3 2022 Fraud Analytics Commentary from FundingShield’s CEO Ike Suri Wire and title fraud risk reached a new record in the third quarter of 2022 at 47.9% of transactions having at least one risk issue. With the contraction in market transaction volumes the impact is that much more severe for lenders where a single wire or title fraud event could be catastrophic. Business email compromise (BEC) attacks in real estate have appeared in media outlets such as Bloomberg’s recent article that shed light on this blind spot that has been overlooked from a risk prevention perspective.
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Categories: featured, Media, and Press.

FundingShield recognized in the Inc5000 fastest growing co list in the US for the 2nd year in a row

August 16, 2022 | by | Comments Off on FundingShield recognized in the Inc5000 fastest growing co list in the US for the 2nd year in a row

    For 2 years in a row, FundingShield Appears on the Inc. 5000, NEW YORK, August 16, 2022 – Today, Inc. revealed that FundingShield is No. 845 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segmentÔÇöits independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “Team FundingShield is excited to be recognized in the Inc5000 fastest growing co list
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Categories: featured and Media.