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There has been a rise in hackers targeting real estate transactions, using phishing schemes to gain access to wiring details and stealing those funds.

CertifID provides real-time identity verification that allows people to safely send and confirm wiring instructions before funds are transferred. The company accomplishes this through an overlapping four-part process. The company uses digital verification based on billions of digital records and metadata F1associated at the device level. The company created a series of customized questions that only the authorized individual could answer. It also uses two-factor authentication that ensures the user is a valid one, and confirms and displays the institution routing information and allows the account holder to confirm their own bank credentials before funds are transferred.

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