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CertifID Reviews & Product Details

CertifID Overview

What is CertifID?

CertifID is a digital identity and device verification solution used by title companies, law firms, lenders, realtors, and home buyers and sellers to prevent wire fraud. In the United States, wire fraud is the most significant risk impacting the real estate industry. By validating the credentials of parties in a transaction and securely sharing bank details, CertifID provides peace of mind and up to $2 million in direct insurance coverage on every wire it protects. CertifID is integrated with the leading title production software systems and allows busy title and escrow operators to eliminate time-consuming, manual processes from their workflow. With tens of thousands of transfers and zero insurance claims, CertifID helps safeguard billions of dollars every month from fraud. Built by title company owners and wire fraud victims, CertifID is a purpose-built solution ready to take on the industry's biggest risk.

CertifID Details
Product Website
Languages Supported
English
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Seller Details
Seller
CertifID
Company Website
Year Founded
2017
HQ Location
Austin, US
Twitter
@CertifID
578 Twitter followers
LinkedIn® Page
www.linkedin.com
109 employees on LinkedIn®
Description

CertifID is a cybersecurity company that specializes in protecting real estate transactions from wire fraud. Their platform provides secure identity verification and fraud protection solutions, ensuring that sensitive information and funds are safeguarded during the closing process. With a focus on the real estate industry, CertifID aims to enhance trust and security for all parties involved in property transactions. For more information, visit their website at https://certifid.com.


Katie S.
KS
Overview Provided by:

Recent CertifID Reviews

ES
Elizabeth S.Small-Business (50 or fewer emp.)
5.0 out of 5
"CertifID security is worth every penny!"
We have a large team of people. Mistakes are bound to happen - you just hope none of them are ruinious. CertifID's system ensures we are protected...
TS
Taryn S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great Product"
knowing wire fraud is very unlikely to happen using CertifID
Julia A.
JA
Julia A.Small-Business (50 or fewer emp.)
5.0 out of 5
"Easy to use. Time saver. Peace of mind."
I have peace of mind that my payoffs and wire instructions are validated quickly online with CertifiD.
Security Badge
CertifID Security
Get security information from CertifID to help you buy the right software. View Security Information
CertifID security information includes:
SOC 2 (System and Organization Controls 2)

CertifID Media

CertifID Demo - Collect and Validate Bank Details
Securely collect bank details from your clients and their information is automatically returned to your dashboard.
CertifID Demo - Wire Fraud Protection
Easily and securely share your wiring information with your clients.
CertifID Demo - Real Time Dashboard
Quickly see all of your sent items on the dashboard screen.

Official Downloads

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Have you used CertifID before?
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119 CertifID Reviews

4.8 out of 5
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119 CertifID Reviews
4.8 out of 5
119 CertifID Reviews
4.8 out of 5

CertifID Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for CertifIDQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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ES
Attorney over Real Estate Division
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CertifID?

We have a large team of people. Mistakes are bound to happen - you just hope none of them are ruinious. CertifID's system ensures we are protected from the most costly errors - wire fraud and seller/party ID fraud. We run every payoff through Payoff Protect to ensure payoffs get to the correct account. CertifID's newly added ID verification makes me rest easy knowing we verified the seller, heirs, POAs, etc and they are who they say they are. We have caught fraud with both CertifID's Payoff Protect and ID Verification systems. Review collected by and hosted on G2.com.

What do you dislike about CertifID?

I wish there was a more comprehensive fee schedule. Not an individual charge for each product every time. People don't like paying to send us wiring instructions just to get their money. Verifying seller and heir ID is so important that it should be included in the pricing plan. We probably have $20-$40 in CertifID's fees in every file not counting the up charge in our fees for the monthly program for payoff protect. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

Verifying wiring instructions for payoffs and parties and verifying ID's for all parties we do not know. Review collected by and hosted on G2.com.

JA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CertifID?

I love that it is eays to use and it is super user friendly. We use this software very single day! It makes our closing process easier for sending wire instructions. It also saves us time with colelcting and confirming wire information in the beginning of the transaction. I find CertifID to be one of the best softwares ever created, it definitely helps prevent fraud. Its worth every single penny. We also have the payoff subscription in which we can confirm the wire instructions for payoffs. This was definitely a game changer as fraudsters are now chnaging the wire instructions in payoffs and generate it to look identical to the original. You will not regret getting this software, it's worth it! Review collected by and hosted on G2.com.

What do you dislike about CertifID?

The only small cmplaint I have about CertifID is that our spanish speaking clients cannot use it. I wish they had a spanish version, that would be a game changer for us since most of the people in south florida are spanish speakers. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

it's helping us prevent fraudsters with providing us with wrong wire information. It helps us make sure we are sending the wire instructions to our clients in a safe manner and giving them the confidence to be bale to do so. Most people are scared to send big amounts of money and the insurance gives them some ease in their mind. Review collected by and hosted on G2.com.

Response from Will Looney of CertifID

Thank you, Jesenia! We're so glad we can help you protect your business from wire fraud. Please feel free to reach out if you ever need additional support.

TS
Escrow Officer/Funder
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CertifID?

knowing wire fraud is very unlikely to happen using CertifID Review collected by and hosted on G2.com.

What do you dislike about CertifID?

There aren't any cons that I can think of. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

It gives us peace of mind about the identification of buyers/sellers. Review collected by and hosted on G2.com.

Justin S.
JS
Attorney and Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about CertifID?

CertifID is easy for clients to use and allows us to wire out without worrying about wire fraud. They also provide insurance which is an added benefit for firms that wire. Review collected by and hosted on G2.com.

What do you dislike about CertifID?

CertifID may be a bit pricey in comparison with what competitors offer. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

CertifID allows us to securely wire to other parties without worrying where the money is going. Review collected by and hosted on G2.com.

Response from Will Looney of CertifID

Hi Justin — Thank you for sharing! We're grateful we can help give you and your clients peace of mind. Please don't hesitate to reach out if you ever need support.

Kathy S.
KS
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about CertifID?

I love CertifID! My customers are secure in the process and it is an ease of mind for my company! I am the admin also and use the features myself. It is so simple! Review collected by and hosted on G2.com.

What do you dislike about CertifID?

I haven't found anything I dislike about CertifID. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

We want to make sure our customers feel secure in receiving the correct wire instructions from us. We also want to make sure we have accurate instructions from the sellers for outgoing wires. I love the service for both features. Review collected by and hosted on G2.com.

Response from Will Looney of CertifID

Kathy -- we are so glad we can provide a seamless and secure process for you and your customers! Should you ever have an questions or need support, don't hesitate to reach out to our team.

Amy J.
AJ
Paralegal
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CertifID?

I appreciate the ease of submitting a request for information to people. It asks for specific information but its kept to a minimum. It is easy for us to explain to our clients what to expect and they have had success using it. The fact that we can now search for loan payoff banking information is even better! I feel so secure with other people's money now! Review collected by and hosted on G2.com.

What do you dislike about CertifID?

We have only come across one problem and that was a bank that had recently merged with another bank, and we were approved with 2 different sets of instructions that were obtained through CERTIFID and they were both returned. We ended up not feeling safe wiring the proceeds so we cut a check the thrid time. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

It has taken the time away from our staff calling and attempting to get confirmation of wiring instructions from people that may or may not be willing to give the information. It also provides intermediary banks if there is one which the general public doesn't always know to include. Review collected by and hosted on G2.com.

Barbara M.
BM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CertifID?

It streamlines the process and makes sending/receiving wiring details a lot easier. I like that it's all controlled within the ProForm/SoftPro software. I like the follow-up CertifID provides once the steps are complete. It is quite user friendly. I appreciate having additional identity-checks in place to assist our transactions. Overall, I'm glad we are taking these steps to make our work flow more consistent. Review collected by and hosted on G2.com.

What do you dislike about CertifID?

* You cannot have a "Failed" CertifID request "fixed." Requests just have to be resent.

* If you are entering an LLC in ProForm, you have to go back in and ADD the primary name of the managing LLC partner. Then, send your wiring instructions/requests. Then, you go to the CertifID 360 option, choose his/her name from your dropdown list, and send. But because we don't want the name(s) of the LLC managers in ProForm where we actually place the name of the LLC, you have to go back into ProForm and change it back to the LLC's name after you have received a "CertifID" notice. So. it's just inconvenient. But definitely doable. It's just if you forget to remove the member(s) names(s) and replace it with the LLC name again, your internal documents waiting to be signed at closing will have the wrong name(s) on it. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

We used to use our personal cell phones via text to send wiring instructions. Now we don't have to with CertifID. We can now collect Seller(s) Wiring Instructions early and securely, which I really like. Review collected by and hosted on G2.com.

Response from Claudia Lee of CertifID

Thank you so much for sharing your feedback, and we're glad that you're having a good experience overall. On your two questions:

1. That's correct once a request is "failed" it cannot be revised. You might also find it valuable to contact support@certifid.com for any insights into the reason for the fail, which will help you decide whether to send a new request and any tips for your client that might have held up the request for legitimate reasons.

2. CertifID verifies the identity of individuals, not businesses (which could employ numerous individuals). For the situation you describe with ProForm, make sure the business entity has an individual tied to it. Our SoftPro integration is able to pull in the business but if there is no contact information for an individual tied to the business then the request can't be sent out with that info. Hope that helps, and please don't hesitate to contact us at support@certifid.com to help get this working better for you.

Thank you for leading the way to keep consumers and the industry safer!

BB
Controller
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about CertifID?

Regardless of whether it's a payoff or proceeds wire, not only are we getting verification that the beneficiary is legitimate, the wire instructions provided are covered up to $1 million against fraud. We have also included the CertifiD coverage in the underwriting of our Professional Liability and Cyber Fraud insurance policies. Review collected by and hosted on G2.com.

What do you dislike about CertifID?

Now that CertifDI has rolled out its payoff validation product, there's nothing to dislike. I get monthly solicitations from similar vendors and CertifID is still the preferred method of wire verification. Review collected by and hosted on G2.com.

Recommendations to others considering CertifID:

Easy to use, easy to implement. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

CertifID is verifying identities of beneficiaries that, with the age of remote online notarization, helps mitigate the additional opportunity of fraud. They also verify payoff wire instructions in the instance that the payoff statement is intercepted in transit and a fraudulent payoff is received. Review collected by and hosted on G2.com.

Response from Claudia Lee of CertifID

Thank you so much for sharing your feedback! We are so glad that you are finding value in the product and overall experience! We're here if anything comes up that you need help with at support@certifid.com!

AB
Escrow Assistant
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CertifID?

Being able to verify wiring instructions with our customers securely. The upside is the transaction is insured so in the slim chance there is wire fraud we as a company are covered but most importantly our customers are covered! Review collected by and hosted on G2.com.

What do you dislike about CertifID?

I don't dislike anything about CERTIFID. The only thing I run into from time to time is customers might be hesitant to trust putting their information online. I especially see this with seniors. So far I haven't had anyone refuse. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

It helps me feel much more confident about making that wire transfer. Before, even though we verified wire instructions verbally over the phone there was still a little hesitation in hoping we did our due diligence. Review collected by and hosted on G2.com.

MC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CertifID?

I love that CertfiID is very easy to use and navagate. I also love that it gives our company and clients a piece of mind, especially with all the smamming that goes on nowadays. Review collected by and hosted on G2.com.

What do you dislike about CertifID?

I honestly cant think of anything that I dont like about CertifID. It has been a very helpful and easy service to use and I love having access to it to help our company and clients feel more secure. Review collected by and hosted on G2.com.

What problems is CertifID solving and how is that benefiting you?

Its helping prevent wire fraud when we send wire insturctions to clients to send in their money for closings and also helps us verify that payoffs are correct and secure. Review collected by and hosted on G2.com.

Response from Claudia Lee of CertifID

Thank you so much for sharing the feedback! Glad you are finding value in the product and experience!