April 17, 2021

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Mortgage News

Stewart strengthens wire fraud security with new integration

Stewart Information Services has improved the cable security of its title and escrow system with a new integration with CertifID.

The integration ensures that users of Stewart’s AIM + title and escrow production system are protected from cable fraud. AIM + also offers integrations with services such as Simplifile, UPS, FedEx and DocuSign and offers a one-stop-shop experience.

“As we are committed to protecting our customers and agents from cable fraud, such integrations build on our partnership and CertifID’s expertise in securely connecting and sending cable instructions from AIM +,” said Tara Smith, Stewart Agency group president Services. “Now every AIM + user can save time and protect any transfer up to $ 1 million with a seamless experience with AIM +.”

Stewart and CertifID teamed up first last November to give Stewart customers more security when transferring real estate funds.

“The FBI recently reported a 69% increase in cybercrime complaints over the past year. As cable fraud in real estate transactions continues to grow, this integration makes it easier and safer for agents to secure their transfers,” said Tom Cronkright, CEO and co-founder from CertifID. “Our partnership enables Stewart agents to receive preferential rates as we work closely with Stewart to make operational improvements to our systems and integrations conveniently and efficiently while protecting their business and consumers.”