Tag Archives: Columbus Business

SafeChain Named Outstanding Startup by Columbus Business First at 2018 BizTech Awards

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it was honored in the Outstanding Startup category at the 2018 BizTech Awards hosted by regional business publication Columbus Business First. The firm was one of three companies honored in the Outstanding Startup category of the fourth annual BizTech Awards.

"Columbus has been an exceptional location to launch SafeChain, and we are truly honored to have been recognized by Columbus Business First amongst the dozens of impressive technology firms in the Columbus area," said Tony Franco, CEO and co-founder of SafeChain. "The level of talent and local support for startups has been instrumental in SafeChain's early success, and we take great pride in our part in making Columbus a growing hub for innovation and entrepreneurship."

SafeChain was recognized for its wire fraud prevention platform SafeWire(TM) to secure real estate wire transfers, which leverages blockchain technology, as well as its work with the Franklin County Auditor's Office. In addition to helping the Auditor's Office complete the first blockchain-backed real estate transaction in the U.S., SafeChain continues to work the Auditor's Office to modernize the jurisdiction's record keeping by migrating the county's property records to blockchain.

"There are so many more applications for blockchain than simply cryptocurrency, and the real estate industry is a prime example of how this technology can improve a process that's nearly as old as the country itself," said SafeChain CTO and Co-Founder Robert Zwink. "Blockchain helps create a more secure and streamlined property transfer process, which enables real estate professionals to be more efficient and fulfill their ultimate purpose, which is to guide buyers and sellers through this highly complex and momentous transaction."

Columbus Business First launched the BizTech Awards to keep up the tradition of recognizing promising startups, entrepreneurs and innovations in Columbus. The event has been growing alongside the region's booming tech sector, and according to the publication, this year's award received a record number of nominations and an outstanding group of nominees.

To view the honorees of all of the 2018 BizTech Awards categories, visit https://www.bizjournals.com/columbus/biztech-awards.

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence. For more information visit https://www.safechain.io/.

SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it was honored in the Outstanding Startup category at the 2018 BizTech Awards hosted by regional business publication Columbus Business First. The firm was one of three companies honored in the Outstanding Startup category of the fourth annual BizTech Awards.

Related link: https://www.safechain.io/

SafeChain Adds Blockchain to SafeWire to Further Safeguard Real Estate Wire Transactions

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has added blockchain to its wire fraud prevention platform SafeWire(TM), making the company the first in the industry to do so. The addition of blockchain to SafeWire provides increased security for real estate wire transactions by ensuring fraudsters cannot tamper with wiring instructions undetected.

"SafeChain is committed to stamping out wire fraud in the real estate industry," said Tony Franco, CEO and co-founder of SafeChain. "By coupling an ultra-secure, distributed ledger with SafeWire's identity verification and bank-level authentication technology, we have made the real estate wire transaction significantly more difficult to hack, thus providing home buyers, title companies and real estate agents additional assurance that their transaction is as fraud-free as possible."

The SafeWire platform safeguards real estate wire transactions by verifying participants' identities and account ownership and providing a secure portal to transmit wiring instructions. With blockchain, SafeWire now offers a tamper-proof storage mechanism for wiring instructions that notifies users immediately if an unauthorized party attempts to alter the instructions.

"Today, real estate wire fraud is being perpetrated primarily through business email compromise schemes, where fraudsters spoof the email accounts of legitimate participants to fraudulently divert funds. However, this won't always be the case, as fraudsters become more sophisticated in their attempts," said Robert Zwink, CTO and co-founder of SafeChain. "Blockchain provides the most advanced data security available today, and adding this element to SafeWire ensures that our customers' transactions are secure both today and in the future."

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence.

For more information visit: https://www.safechain.io/.

SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has added blockchain to its wire fraud prevention platform SafeWire(TM), making the company the first in the industry to do so. The addition of blockchain to SafeWire provides increased security for real estate wire transactions by ensuring fraudsters cannot tamper with wiring instructions undetected.

Related link: https://www.safechain.io/

Digital insurance agency Matic named a Central Ohio ‘Best Place to Work’ by Columbus Business First

COLUMBUS, Ohio /ScoopCloud/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, has been named one of Central Ohio's top employers by Columbus Business First.

Columbus Business First's 'Best Places to Work' program has highlighted top workplaces in Central Ohio since 2005. Of the more than 200 nominations received this year, 50 honorees were selected through workplace satisfaction surveys administered independently by Omaha, Nebraska-based Quantum Workplace.

2018 has been a year of aggressive growth for Matic, which expanded its Columbus operations center with an April move to the Miranova Place office complex and has added more than a dozen new team members since the beginning of the year.

Matic's achievement was honored at an awards luncheon on Tuesday at the downtown Columbus Hyatt Regency hotel. A full list of 2018 honorees and their rankings was published in Columbus Business First.

"It's an incredible honor to be recognized by our team members as a great employer," said Jeffrey Snyder, vice president, Matic. "Our business mission is to simplify the homeowners insurance process, but we're just as devoted to building a thriving culture where people feel valued and are excited to come to work each day."

About Matic:

Matic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner's insurance into the lending process. By using loan application information and first-of-its-kind technology, Matic provides homebuyers multiple policy options within seconds, helping loan officers close their loans faster. Matic delivers the most trusted, affordable insurance policies available thanks to its partnerships with a diverse network of insurance carriers. Today's borrowers expect a digital home-buying experience, and Matic gives them the digital insurance experience to match.

For more information, visit https://matic.com/ or follow Matic on LinkedIn.

Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, has been named one of Central Ohio's top employers by Columbus Business First.

Related link: https://maticinsurance.com/

SafeChain to Integrate ALTA Registry into Its Real Estate Wire Fraud Prevention Platform SafeWire

COLUMBUS, Ohio /ScoopCloud/ -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. Through the integration, mortgage lenders will be able to search the Registry and verify the identity of title insurance agents and settlement companies, providing an enhanced level of efficiency and security to the real estate transaction.

"The national ALTA Registry is a unique real estate utility created specifically for mortgage lenders," said Paul Martin, ALTA's Registry director. "We're pleased to offer this tool to SafeChain as it looks to deliver innovative products to its customers. The emergence of the ALTA Registry as an effective and easy to use source of data and information comes at the perfect time to help counter the alarming increase in wire fraud."

ALTA launched the ALTA Registry in 2017 as the first national database of title insurance agents and settlement companies. In addition to contact information and branch locations for agents and title companies, each ALTA Registry listing also includes a title agent or real estate attorney's unique seven-digit ALTA ID. As most real estate wire fraud schemes involve spoofing the identity of the title and/or settlement agent involved in transaction, the ability to verify the identity of these individuals using the ALTA ID and contact information contained within the ALTA Registry provides added assurance that lenders are interacting with legitimate parties to the transaction.

"With wire fraud on the rise, everyone in the real estate transaction - lenders included - must increase their level of vigilance to maintain the integrity of the process," said Tony Franco, SafeChain co-founder and CEO. "Integrating the ALTA Registry ALTA ID into SafeWire enhances the level of security we're able to provide to all parties, bringing us one step closer to completely eliminating fraud in the wire transfer process."

Learn more about the ALTA Registry by visiting https://www.altaidregistry.org/.

About ALTA:

The American Land Title Association, founded in 1907, is a national trade association representing more than 6,200 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence. For more information visit http://www.safechain.io.

SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. Through the integration, mortgage lenders will be able to search the Registry and verify the identity of title insurance agents and settlement companies, providing an enhanced level of efficiency and security to the real estate transaction.

Related link: https://www.safechain.io/