Shield

Qualia Shield is an advanced wire fraud prevention and secure disbursement solution built for title and escrow companies. It integrates directly into Qualia’s closing platform to protect transactions from fraud, automate wire management, and ensure compliance. Shield combines identity verification, risk assessment, and insurance coverage to deliver unmatched security and peace of mind during real estate closings.

Features

• Integrated wire fraud detection within title production software
• Multivariable risk assessment for seller and payoff wire instructions
• Seller ID verification using encrypted barcode and facial recognition
• Public records checks for identity validation without client involvement
• Secure collection of wire instructions via Stripe integration
• Automated wire matching and bank integrations for faster processing
• Email plug-in to detect suspicious messages and phishing attempts
• Insurance coverage for eligible wire transfers (up to $2 million)
• Real-time alerts for fraud risks and suspicious activities
• Digital audit trail for compliance and reporting

Capabilities

• Fraud Risk Analysis: Evaluates wire instructions and transaction parties for low, medium, or high risk
• Identity Verification: Confirms legitimacy using government-issued ID and facial geometry with 99%+ accuracy
• Workflow Integration: Performs fraud checks and wire management without leaving the closing platform
• Automated Wire Management: Sends wires to bank approval queues in a few clicks, reducing manual errors
• Compliance Support: Maintains audit-ready records and meets financial security standards
• Client Education: Provides tools to educate buyers and sellers on wire fraud risks
• Scalable Protection: Adapts to small agencies and large enterprises with complex workflows
• Continuous Monitoring: Detects evolving fraud tactics, including phishing and impersonation attempts

Benefits

• Risk Reduction: Minimizes exposure to wire fraud and seller impersonation
• Operational Efficiency: Speeds up wire processing and reduces manual rekeying errors
• Client Confidence: Delivers a secure and transparent closing experience
• Regulatory Assurance: Ensures compliance with industry and financial regulations
• Cost Savings: Protects against financial losses and legal liabilities from fraud incidents
• Peace of Mind: Offers insurance coverage for eligible wire transfers
• Competitive Advantage: Positions your business as a secure and tech-forward closing provider