Wire fraud is the fastest growing cybercrime in the United States. Global fraud syndicates are heavily investing in the technology and resources needed to divert wire transfers. The impact of wire fraud is devastating and can happen on any transaction at any time.
US Secret Service
CertifID helps law firms protect their business and reduce risk of fraud for their employees and clients.
CertifID offers end-to-end protection so you can keep client information secured and insured at all times.
Validate identities and credentials for every transaction.
Receive up to $1 million in direct insurance on every transaction.
Gain back valuable hours by eliminating callback procedures.
Businesses and consumers alike are reaping the benefits of the security and protection CertifID provides.
As the standard of care for legal professionals expands to include the protection of money transfers, the time to level up your security is now.
CertifID makes it easy to manage and share wire instructions securely. Ditch your secure emails and callback procedures for an experience your client's will enjoy!
Use CertifID to collect bank details securely from home sellers and other partners. You'll get verification when your client has been validated and the transaction details have been securely delivered.
Verify that the bank details you have in front of you are accurate and have not been tampered with. CertifID helps you confirm these credentials with just a few quick clicks.
Secure your transaction details with CertifID and insure your wire transfer by up to $1 million.
CertifID provides proactive solutions for preventing fraud and services to support businesses when disaster strikes.
Identities are validated using CertifID’s patented risk analysis scorecard, which includes 150 different fraud markers.
Transaction recipients are required to confirm the authenticity of their accounts.
The secure transfer of wiring instructions to trusted devices and validated recipients reduces risk and safeguards funds.
Businesses using CertifID are directly insured by Lloyd’s of London for inbound and outbound wire transfers up to $1 million per wire.
Consumers may purchase additional coverage and access to CertifID’s Recovery Assistance Services should they fall victim to a scam outside of CertifID.
Keep your customers just as protected. If funds are mistakenly sent to the wrong account (due to fraud or otherwise), CertifID will provide services to assist with the recovery of their funds.
CertifID was created by attorneys who, after experiencing a wire fraud event, developed a solution to prevent it.
No problem! Utilizing the Collect request, you'll be able to gather the details of your client's account including whether it is a trust or joint account. You'll also receive account type.
Should a fraud occur, CertifID can provide a team of experts to try to help get your money back. This team will engage law enforcement to communicate with banks, freeze accounts, seize funds, track transfers, and manage crisis communication with victims.
No, CertifID is complementary to E&O and cyber policies. The policy provided via CertifID, backed by Lloyd’s of London, will take the primary position on any claims arising from wire fraud. We still recommend maintaining adequate coverage via your typical E&O and cyber policies.
Yes! Most clients pass through the per request charges to the consumer via a separate “Wire Transfer Fee” or an increase to their settlement fee.