November 2025 CloseSimple Webinar: How Payments Reinforce Fraud Prevention
The "New Place to Pay" Problem: Are You Accidentally Inviting Fraud?
We recently hosted a webinar with CloseSimple CEO Paul Stine and CTO Nate Niemi, diving deep into a critical industry problem: payment-related wire fraud.
The core takeaway? The real vulnerability isn't necessarily the wire itself, but the inconsistent, confusing experience customers face when it's time to send money.
The "New Place to Pay" Problem
Many title companies use separate, un-branded, third-party solutions for Earnest Money Deposits (EMD) or Cash to Close. This means buyers are sent to a "new place to pay" at the most sensitive moment of a transaction.
This fragmentation trains customers to click on links from various sources, making them incredibly susceptible to phishing and wire fraud. Confusion is a fraudster's best friend.
Our Solution: Consolidation is Security
At CloseSimple, we believe the answer is simple: integrate, don't separate.
We've brought EMD and Cash to Close payments directly into your branded CloseSimple portal. Your customers are already familiar with this trusted environment for updates, documents, and e-signing. Now, it's the only place they'll go to send money.
This means:
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Good Funds & No Clawbacks: Our RTP technology ensures guaranteed, final payments.
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Eliminated Human Error: Funds pulled directly from your title software.
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True Wire Fraud Prevention: By keeping payments in your trusted portal, you eliminate the "new place to pay" risk entirely.
Stop putting your customers (and your business) at risk with fragmented payment solutions. Provide one secure, consistent, and trusted experience from start to finish.
Schedule a Free Demo with Our Team Today!
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