A new integration between CertifID and the AIM+ title and escrow production from Stewart Information Services Corporation (NYSE:STC) system will help protect users from wire fraud, the companies said. Last November, Stewart and CertifID announced a partnership to provide Stewart customers peace-of-mind with increased prevention and protection for real estate money transfers.
“As we commit to protecting our customers and agents from wire fraud, integrations like this help build upon our partnership and CertifID’s expertise in securely connecting and sending wire instructions from AIM+,” said Tara Smith, Group President, Stewart Agency Services. “Now any AIM+ user has the ability to save time and protect each wire transfer up to $1 million through a seamless experience in AIM+.”
“The FBI recently reported a 69% increase in cyber-crime complaints last year, and with wire fraud in real estate transactions continuing to grow, this integration makes it easier and safer for agents to safeguard their transfers,” said Tom Cronkright, CEO and co-founder of CertifID. “Through our partnership, Stewart agents can enjoy preferred pricing as we work closely with Stewart to provide convenient and efficient operational improvements to our systems and integrations, while protecting their business and consumers.”