
FundingShield, a leading fintech in risk, compliance, and fraud prevention, has announced its integration with OptiFunder, developers of the OptiFunder Warehouse Management System (WMS) and Greyhound System, which streamline mortgage loan funding, warehouse, and investor delivery processes. This collaboration aims to enhance ROI for independent mortgage banks and warehouse lenders by uniting their efforts in process optimization, fraud prevention, and cost reduction. The integrated solution addresses the increasing risk of wire and title fraud in financial institutions, delivering real-time, data-verified security and operational efficiencies.
“Our focus is on providing automated, real-time data verifications for compliance and risk management, and we’re excited to extend these benefits to more of the real estate ecosystem through our partnership with OptiFunder,” said Ike Suri, CEO of FundingShield.
With cybersecurity and data integrity as critical concerns in the mortgage and banking sectors, the integration brings OptiFunder clients direct access to FundingShield’s vast network of real-time, source-verified closing agents, covering over 95% of the market. This partnership offers streamlined API and data integrations, driving enhancements in bank account verification, counterparty compliance, and primary-to-secondary market connectivity.
As wire fraud rises, OptiFunder CEO Mike McFadden commented, “Our integration with FundingShield allows us to provide automated risk management solutions to counter evolving threats in payment fraud.”
About OptiFunder
Founded in 2018, OptiFunder is a mortgage industry innovator, offering real-time, data-centric solutions that enhance loan funding and warehouse operations. Its WMS facilitates data flow between originators, warehouse lenders, and capital markets, while the Greyhound system supports efficiency and scalability in warehouse management. OptiFunder is dedicated to bridging the gap between primary and secondary mortgage markets with advanced automation solutions.
About FundingShield
FundingShield delivers B2B and B2B2C solutions for transaction-level protection against wire and title fraud, settlement risk, and cyber threats while reducing costs and improving asset quality for the U.S. real estate and mortgage finance sectors. Its user-friendly, cloud-based tools offer ROI-driven solutions via APIs and UIs. FundingShield is recognized as a six-time HousingWire TECH100 Winner, a CFO Tech Outlook Top 10 Financial Security Solution Provider, and an Inc. 5000 award recipient for three consecutive years.