Key facts
- Florida Agency Network (FAN) has expanded its use of CertifID.
- The expanded use integrates identity verification, payoff clearance, wire fraud protection, and closing communication.
- Direct wire fraud protection is now added to every closing conducted by FAN.
- CertifID verifies identities and validates wire instructions before payoffs, with insurance coverage for each transaction.
- CertifID's capabilities include real-time closing communication, a client portal, and automated status updates.
Florida Agency Network (FAN) has broadened its adoption of CertifID, incorporating the platform's suite of services into its closing workflow. This expansion integrates identity verification, payoff clearance, wire fraud protection, and client communication tools into a single, connected system. The move aims to streamline real estate transactions and bolster security against fraud for all closings managed by FAN.
Previously, fraud prevention and client communication required separate systems, presenting challenges for agencies. FAN's expanded use of CertifID allows for the same protection previously applied to identity verification and payoff clearance to now extend to data collection and status updates, keeping all parties informed without manual follow-ups. CertifID's platform verifies identities and validates wire instructions before funds are transferred, with each transaction backed by direct insurance coverage.
CertifID's updated capabilities include a client-facing portal, automated status updates, and integrations with major title production systems. According to CertifID CEO Tyler Adams, the expanded rollout connects protection and communication within an agency's existing technology stack, aiming to improve the closing experience for buyers and sellers while safeguarding financial transactions.