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Archives for Media
FundingShield Wire Fraud Analytics Q2 2022
FundingShield Q2 2022 Fraud Analytics Commentary from FundingShield’s CEO Ike Suri Wire and title fraud risk remained at all time high levels in the second quarter of 2022 while the market contracted, rates increased, and fraud risk continued to rise. Several national law firms, title agents and independent agents had business email compromise events that FundingShield uncovered after these firms had emails going to market with fraudulent wire instructions unbeknown to anyone at the closing agent / law firms. Comparing Q2 2021 vs Q1-2022 there was an alarming increase in fraud/risk exposure surrounding wire related issues of
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NMP Magazine 2022 MOST CONNECTED Mortgage Professionals
NMP Magazine 2022 MOST CONNECTED Mortgage Professionals Page 56
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FundingShield’s Ike Suri and Adam Chaudhary Cyber Security Tech Talk at CMBA Mortgage Innovators 22
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
Media and Press Releases.