realestate

CertifID Acquires Paymints.io to Enhance Wire Fraud Protection

CertifID Acquires Paymints.io, Enhancing Wire Fraud Protection for Real Estate Industry

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ertifID, a leading provider of wire fraud protection for the real estate industry, has acquired Paymints.io, a solution that enables digital money transfers for title companies, law firms, and brokerages. This move solidifies CertifID's position as the trusted partner for securing real estate transactions.

    According to CertifID, up to 1 in 20 home buyers and sellers fall victim to fraud during a closing. With Paymints.io on board, CertifID expands its protection against cybercrime, ensuring safe closing experiences for clients.

    "We're creating a new standard for secure real estate payments by combining convenience with security," said Jason Doshi, Co-Founder and CEO of Paymints.io. "Together, we'll accelerate the modernization of real estate payments."

    The acquisition is a game-changer for companies like Lakeside Title Company, which already uses both CertifID and Paymints.io technologies. "This combination will further cement CertifID as our trusted partner in keeping customers' funds safe," said Yvonne Deardorff, President & CEO.

    "This acquisition represents more than just two innovative companies coming together – it's about transforming the transparency and security of real estate payments," said Tyler Adams, CEO and Co-Founder of CertifID. "We're creating a platform that will secure Good Funds movement at every step of a transaction."

CertifID acquires Paymints.io to boost wire fraud protection and security measures globally.