Latest news with #API-enabled
Yahoo
29-05-2025
- Business
- Yahoo
Fannie Mae, FHFA, and Palantir Join Forces to Combat Mortgage Fraud—FundingShield Supports This Initiative With Its Proven, Real-Time Solutions
NEWPORT BEACH, Calif., May 29, 2025--(BUSINESS WIRE)--In a major step toward protecting the integrity of the U.S. housing finance system, Fannie Mae CEO Priscilla Almodovar, FHFA Director Bill Pulte, and Palantir Technologies CEO Alex Karp have joined forces in a coordinated initiative to combat mortgage fraud across the homebuying process. This effort reflects a broader industry commitment to strengthening fraud prevention and financial integrity Public and private stakeholders—including Fannie Mae, FHFA, and Palantir—are leveraging technology and data-driven insights to detect fraudulent activity more effectively. This policy initiative, initiated by President Donald J. Trump and led by Bill Pulte, brings government and industry leaders together to strengthen protections for homebuyers and financial institutions, fostering a more secure and transparent lending environment. FundingShield, the leader in transaction-level fraud prevention and real-time risk management, welcomes this industry-wide push for greater security in mortgage transactions. Having safeguarded over $4 trillion in closings, FundingShield brings extensive expertise and trusted technology to the fight against mortgage fraud, wire fraud, and title fraud. "Fraud in mortgage transactions can appear at multiple stages—from loan applications to closing, and even post-funding. It's a systemic issue that requires proactive monitoring and remediation," said Ike Suri, Chairman and CEO of FundingShield. "Our embedded, real-time technology doesn't just identify fraud—it remediates it, helping transactions close securely and efficiently so homebuyers and lenders can move forward with confidence." FundingShield's suite of API-enabled tools is fully integrated with key industry partners, including ICE Mortgage Technology, SitusAMC, Mastercard, and Tata Consultancy Services (TCS). These integrations allow for secure, streamlined, and scalable fraud prevention solutions that reduce operational costs and translates to tangible ROI while improving efficiency—ultimately benefitting homebuyers, Sellers, Lenders, Title companies and investors. With a firm commitment to risk management, regulatory compliance, fraud prevention and remediation, FundingShield continues to set the standard for secure and verified mortgage transactions for clients. By providing and leveraging our proprietary decision ready data, advanced machine learning, and deep industry connectivity, FundingShield remains a trusted partner in ensuring safe and reliable home financing. About FundingShield FundingShield is a leading provider of wire and title fraud prevention, transaction-level risk management, and real-time decision ready fraud detection and remediation. As the only MISMO-certified firm offering transaction-level fraud prevention, FundingShield leverages live source verified data, and machine learning to enhance security and compliance across the mortgage industry. With a proven track record of safeguarding over $4 trillion in closings and processing over $70 billion in monthly transactions, FundingShield's scalable, API-driven solutions help lenders, investors, and asset managers reduce costs, mitigate risk, and ensure seamless mortgage transactions. View source version on Contacts Media Inquiries and to learn more about our firm:FundingShield+1 949-706-7888Info@ Visit us on social media:LinkedIn Facebook Twitter Sign in to access your portfolio
United News of India
19-05-2025
- Business
- United News of India
Uber joins ONDC for Delhi Metro ticket booking
New Delhi, May 19 (UNI) Ride-hailing giant Uber on Monday announced its integration with the Open Network for Digital Commerce (ONDC) for metro ticket booking services, becoming the latest platform to offer Delhi Metro Rail Corporation (DMRC) tickets via its app. The move follows a similar integration by Rapido earlier this year. The new feature enables commuters in the national capital to book Delhi Metro tickets seamlessly through Uber using QR codes and API-enabled payments, the company said in a statement. "As part of our effort to embed deeper into India's digital public infrastructure, ONDC enables us to bring metro services to the Uber platform," said Praveen Neppalli Naga, Chief Technology Officer for Mobility & Delivery at Uber. "Our India Tech Hubs in Bengaluru and Hyderabad have led this innovation." Uber further revealed plans to expand metro ticketing to three additional cities within the year. In addition to public transit, Uber also announced the integration of its delivery services with ONDC under a new model dubbed "WeToBeUber." The company said the initiative aims to accelerate its logistics offerings and better serve its user base, which now includes 1.4 million delivery partners. "Logistics is one of the fastest-growing categories on ONDC," the company said, referring to increased participation by players such as Loadshare, Shadowfax, Zypp, and Ecom Express. According to ONDC data, logistics orders rose from 18.7 lakh in October 2024 to 24.1 lakh in April 2025, while the retail segment, including food, grocery, and e-commerce, declined from 65.4 lakh to 43.4 lakh in the same period. The ONDC platform follows a no-commission model, replacing conventional aggregator commissions with a subscription-based system. Uber adopted a similar approach in February, introducing a zero-commission model for auto-rickshaws in India. Under the system, fares are negotiated directly between drivers and riders, and payments are made outside the app, usually via UPI or cash. ONDC, launched in 2021 with support from the Ministry of Commerce, aims to create open and interoperable digital infrastructure across commerce and mobility. In March, it crossed a milestone of 1.6 crore monthly transactions—more than double the previous year—and has exceeded 20 crore transactions cumulatively. In a related development, Union Home Minister Amit Shah told Parliament in March that the government would soon launch a cooperative ride-hailing platform, Sahkar Taxi, designed to rival Uber and Ola without charging commission. UNI BDN GNK
Business Wire
12-05-2025
- Business
- Business Wire
AFX Research Integrates with ICE Mortgage Technology's Encompass Platform to Deliver Same-Day Title Updates
SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--AFX Research, a nationwide leader in tech-driven title abstracting, today announced a new integration leveraging the latest Encompass Partner Connect API framework from Intercontinental Exchange (ICE) for mortgage technology and available via the Marketplace in the ICE digital lending platform. This modern framework enables industry participants to integrate with ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. Now available in the ICE Marketplace, this integration enables U.S. lenders to access AFX Same-Day Title Update Reports directly through the Encompass ® platform. By automating title update ordering and delivery within Encompass, AFX helps lenders streamline workflows, reduce manual tasks, and enhance decision-making with real-time title insights. This seamless integration provides lenders with faster access to critical title updates, improving loan and draw processing efficiency, as well as risk mitigation. By automating title update ordering and delivery within Encompass, AFX helps lenders streamline workflows, reduce manual tasks, and enhance decision-making with real-time title insights. With an industry-leading 0.43 business day average turnaround, fixed-rate nationwide pricing, and seamless digital delivery, AFX enables lenders to manage risk, expedite draws, and close loans faster. 'Our integration with ICE Mortgage Technology's Encompass platform underscores our shared commitment to driving efficiency in the industry,' said David Mitchell, CEO at AFX Research. 'By embedding our Same-Day Title Update Reports within Encompass, we're helping lenders close loans and manage the draw process for construction and renovation loans more efficiently while ensuring greater transparency and accuracy in title due diligence.' AFX's uninsured title updates provide essential due diligence for: ✔ Construction loans ✔ Renovation loans ✔ HELOCs ✔ Refinances ✔ Private loans ✔ Real estate purchases ✔ Foreclosure assessments Each report verifies ownership and encumbrance details from the current owner forward, including current deed information, mortgages, tax status, liens, and judgments. Reports also include copies of open liens and judgments and are available in PDF, Word, Excel, and JSON formats. Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. About AFX Research AFX Research is a nationwide leader in tech-driven title abstracting, combining expert researchers with cutting-edge automation to deliver unmatched speed, accuracy, and efficiency in title report generation. Learn more at Since 1995, AFX Research has conducted title research on over $1.3 trillion in property, pioneering automation-driven solutions that support top lenders and leading U.S.-based SaaS loan management platforms. Trusted by the SEC, IRS, and DOJ, AFX has been featured in Forbes, The Wall Street Journal, and top real estate publications. AFX has also consulted for key government agencies, including the Securities and Exchange Commission, U.S. Postal Service, and Small Business Administration. Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. For more information, visit AFX Research on the ICE Marketplace.
Associated Press
04-03-2025
- Business
- Associated Press
Cloudvirga completes enhanced integration with ICE Mortgage Technology
- Horizon API integration will accelerate future development and enhance performance, security - IRVINE, Calif., March 4, 2025 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced Cloudvirga's Horizon Retail POS integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE). This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. Available via the Marketplace in the ICE digital lending platform, Cloudvirga's integration will enhance the way loans created within Cloudvirga's Horizon Retail POS can be exported to lenders using the Encompass® platform. By leveraging the modernized Encompass API platform, Cloudvirga is delivering improvements in three key areas: Performance: The enhanced integration introduces an exponential leap in processing speed, enabling lenders to manage loans with unprecedented efficiency. Security: Built with best-in-class security practices, the integration ensures robust protection of sensitive loan data, addressing the evolving demands of cybersecurity. Maintainability: The API-first approach streamlines the development of new features and accelerates the resolution of potential issues, future-proofing the integration for years to come. 'We're thrilled to be able to offer this enhanced integration by leveraging the latest API framework because this technology raises the bar for seamless, secure and high-performing POS-to-LOS integrations,' said Maria Moskver, CEO of Cloudvirga. 'This migration underscores our commitment to delivering cutting-edge technology solutions that empower lenders to close loans faster, more securely and with greater confidence.' The move to API-enabled technology represents an important milestone in Cloudvirga's mission to simplify and modernize the mortgage process for lenders and borrowers. This achievement reinforces Cloudvirga's status as an innovation leader, providing mortgage professionals with tools to thrive in an increasingly digital industry. With the latest API framework, Cloudvirga can more deeply integrate with additional Encompass functionality to provide an even more seamless experience. For more information visit Cloudvirga on the ICE Marketplace. Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing. About Cloudvirga Cloudvirga is a leading provider of digital mortgage point-of-sale platforms, designed from the perspective of increasing consumer engagement. With a focus on streamlining the loan origination process, Cloudvirga solutions enhance efficiency and accuracy in the mortgage industry. The company's commitment to continuous improvement and innovation has positioned it as a trusted partner for mortgage lenders and brokers across the nation. Cloudvirga is a subsidiary of Stewart Information Services Corporation (NYSE: STC), a customer-focused, global title insurance and real estate services company. For more information, visit NEWS SOURCE: Cloudvirga Inc. ### MEDIA ONLY CONTACT: (not for publication online or in print) Leslie W. Colley Depth for Cloudvirga 678-622-6229 ### Keywords: Mortgage, Cloudvirga, Horizon Retail POS, ICE Mortgage Technology, fintech, Intercontinental Exchange, IRVINE, Calif. This press release was issued on behalf of the news source (Cloudvirga Inc.) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P124406 AP-R15TBLLI
