NextDeal Announces Wire Fraud Protection of $500,000

January 24, 2019

NextDeal, which provides technology to the title and settlement services industry, announced it now offers up to $500,000 of wire fraud protection for each transaction that utilizes its preDOCS technology. 

“In addition to preDOCS transmitting and receiving wire instructions, from sellers and to buyers, it now includes substantial wire fraud protection,” according to Robert Reich, CEO and founder of NextDeal.  “Should homeowners or settlement agents using our technology be fraudulently coerced into wiring funds to the wrong account, NextDeal will protect those funds up to a half a million dollars.”

preDOCS automates the secure delivery of wire instructions for buyers and sellers never using email as the transmission or reception platform.

“preDOCS has been saving our customers up to three hours per file, allowing homeowners to easily and safely fill out and sign any non-notary document in a secure environment,” Reich added.

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