MLTA - How to Prevent Wire Fraud
Preventing wire fraud essentially comes down to three things: 1) Educating transaction participants about the threat of fraud and what to watch out for. 2) Preventing fraudsters from accessing email...
Forbes - Buying Or Selling A House? Here's How To Avoid Fraud Scams
With the FBI reporting nearly $150 million in real estate fraud losses last year, it seems Americans—and the industry pros who serve them—need to step up their game in the...
Forbes - Real Estate Wire Fraud Is Real -- And It Almost Happened To Me
It all started with an email. Just days before closing on a home, I got a message from my escrow officer—or at least someone pretending to be her. Our closing...
Crain's Detroit Business - CertifID LLC stops real estate scams in their tracks
When the principals of Grand Rapids-based Sun Title Agency LLC got scammed out of $180,000 in a phony real estate deal cooked up by hackers, they were quickly able to...
PropLogix - Title Agents Should Beware Of Rising Payoff Fraud Trend
Wire fraud continues to make headlines across the nation. Recently, a family in Orlando lost $46,000 in a title company imposter scheme. There’s a lot of talk in the industry...
Mortgage Orb - CertifID Has Protected More than $1.2 Billion in Wire Transfers
CertifID reports that its real-time identity platform for real estate protected more than $1.2 billion in transactions from wire fraud from late 2017 to December 2018. The identity management platform...
ALTA - How Criminals Can Spoof Your Phone
Ever heard of SpoofCard? It’s a scammer’s dream and a nightmare for title and settlement agents. The technology isn’t new, but the application offers the ability to change what someone...
ALTA - CertifID Raises Wire Fraud Guarantee to $1 Million
CertifID, an identity management platform for wire fraud prevention, has increase to its transaction guarantee now covering up to $1 million in losses. CertifID verifies the identity of both parties...
Inman - CertifID will now cover up to $1M in wire fraud protection
CertifID, a company providing security and authentication software, just raised its customer guarantee to cover up to $1 million in losses.
NMP - AmTrust Title Partners With CertifID on Wire Fraud Prevention
AmTrust Title has partnered with CertifID and has announced that it will cover the costs associated with the transactional use of CertifID for its network of title agents, nationally. Amtrust Title will pay...
NMP - Adeptive Software Partners With CertifID on Wire Fraud Prevention
Adeptive Software, developers of the title and escrow production platform ResWare, and CertifID have announced their integration. Access to CertifID’s technology platform is now available to ResWare customers to combat the...
ALTA - Adeptive Partners with CertifID to Provide Integrated Wire Fraud Prevention
Adeptive Software announced the integration of its title and escrow production solution ResWare with CertifID’s technology platform. CertifID allows its customers to confirm seller wire instructions and for buyers to...
The Title Report - CertifID adds Accuity
CertifID has added Accuity’s banking data to its identity platform for wire fraud prevention, the company announced. CertifID said the addition of more than 22,000 American Bankers Association (ABA) routing numbers...
Digitaljournal - CertifID Adds Accuity Bank Data to Identity Management Platform
CertifID, the real estate industry's only identity management platform for wire fraud prevention, today announced the addition of Accuity banking data to the company's technology platform. With the addition of...
ALTA - White Paper: Title Companies, Lenders May be on Hook for Wire Fraud
According to a white paper by CertifID, a recent federal court ruling means that anyone—including title agents, underwriters and mortgage lenders—involved in a real estate transaction may be held liable...
NMN - Resurgent payments fraud heightens ID challenge for banks
Verifying identities continues to be a tricky proposition for banks as cybercriminals diversify and increase their attacks — especially when it comes to wire transactions. Payments fraud hit a record...
MBA - Tom Cronkright of CertifID Talks Fraud
MBA Insights posed questions to Thomas W. Cronkright II, CEO of CertifID, Grand Rapids, Mich., a software company focused on preventing wire fraud in the real estate, lending and title industries....
Global Banking & Finance Review - It’s More Important Than Ever to Protect Yourself From Wire Fraud
Why do banks and other financial institutions need to pay more attention to wire fraud? In real estate, wire fraud is now the number-one cybercrime in the US; and the...
CU Insight - Nation’s top credit union adopts CertifID for wire fraud prevention
Citing its ongoing commitment to protect its members and the integrity of the mortgage process, Lake Michigan Credit Union (“LMCU”) has adopted Michigan-based CertifID as a solution to prevent wire...
Housingwire - How to detect mortgage wire fraud before it is too late.
Wire fraud victims have few options once they discover they’ve been had. But when minutes mattered, one Michigan homebuyer enlisted the help of a few friends—and made a recovery. What...
Proplogix - How CertifID is solving one of the title industry's biggest problems
Cybersecurity and wire fraud are constantly making headlines in real estate and title industry news outlets. We hear of the buy-side scams often, a nice couple losing their nest egg...
HousingWire - 2018 HW Tech100 Winner: CertifID
CertifID is a wire fraud prevention platform designed to safely authenticate the identities of the parties of a transaction and allow them to share banking information securely. The platform, which...
ALTA - Step-by-Step Recovery Process Made Available for Wire Fraud Victims
To help the increasing number of title agents, homebuyers, real estate professionals and mortgage lenders targeted by the wire fraud epidemic, two industry experts have published a white paper detailing...
HousingWire - Real estate and fintech solution CertifID raises $1.7M in seed round financing
Authentication software provider CertifID has announced it raised $1.7 million in its seed round of financing. The round was led by Grand Rapids, Mich.-based Wakestream Ventures and included several prominent...
HousingWire - Real estate and fintech solution CertifID raises $1.7M in seed round financing
The round was led by Grand Rapids, Mich. based Wakestream Ventures and included several prominent angel investors, the company said. “During our diligence process, we heard so many horror stories, events where...
U Heard Me Podcast - Fraud Protection Technology Breakthrough
CertifID was founded by Lawrence Duthler and Tom Cronkright, experienced attorneys and award-winning business leaders of Sun Title, one of Michigan’s largest title agencies. In 2015, Sun Title fell victim...
Inman - CertifID and reQuire Real Estate Solutions partner up to protect RE closings
Cooperative is aimed at streamlining closings while maintaining security for agents, buyers and lenders. Require Holdings announced that its company, reQuire Real Estate Solutions of Virginia Beach, Virginia, is now in...
Scotsman Guide Residential Edition - The Emerging Wire-Fraud Menace
When a borrower’s funds disappear at closing, everyone suffers. For the past few years, the favorite topics of the mortgage industry have included regulation and enforcement, the purchase market and...
Business Insider - reQuire Real Estate Solutions Announces Distribution Partnership with CertifID
reQuire, a leading tech-enabled services provider focused on connecting and protecting all parties in a real estate transaction, announced today that it has entered into an agreement to become the...
MReport - Identity and Wire Fraud Are a Problem the Industry Cannot Ignore
Fraud is not a new topic for the mortgage industry. But our familiarity with it has, perhaps, dulled our vigilance when it comes to a massive new threat. Wire fraud—perhaps...
Inman - CertifID wants to save you from becoming a wire fraud victim
Michigan-based titled company is cracking down on real estate fraud with identity confirmation, device authentication and two-factor verification
NMP - Title Company Owners Launch CertifID Fraud Protection
Title industry experts have unveiled CertifID, a wire fraud prevention platform designed to safely authenticate the identities of transactional parties and share banking information securely. CertifID uses proprietary digital device analysis...
The Title Report - Wire fraud prevention platform launched
The owners of a Michigan title agency which experienced an $180,000 wire fraud breach in 2015 have developed a platform designed to prevent others involved in the real estate process from...
