Wire Account Verification Service (WAVS)
Wire account verifications and data set of 80,000 verified settlement party wire accounts (approximately 95 percent of the market) at any time that meet FS vetting and verification requirement to be deemed authentic which includes history and details on approved signatories, audits, account owner information and other details needed to confirm bank account being funded is the licensed and covered entity under a Closing Protection Letter. Industry’s largest database of actively managed and maintained bank information confirmed at the loan closing level.
Full Visibility and Coverage
Effective transaction Level Controls / Risk Management to prevent Wire and title fraud losses
Protection against cyber interference / Business email compromise during the closing process
Increased Efficiency
that lowers costs
Certified products that provide transaction level protection of up to $5mm per transaction
Award Winning Software
MISMO Certified Wire
Fraud Prevention Tool
2020 CFO Tech Outlook Top 10
Financial Security Award Recipient
2020 HousingWire
Tech 100 Award Recipient