Why Title Companies Need Online Notarization

Given the rise in fraud and forgery claims, it’s clear that title companies need stronger security measures to protect their clients. This is where Remote Online Notarization (RON) comes in. Not only does RON enhance security, but it also helps streamline the entire notarization process.

Transactions with Online Notarization for Title Companies

Managing physical documents can be overwhelming. You need to coordinate deliveries, track paperwork, and deal with signers across different locations. Consequently, these complexities often lead to delays and mistakes. Fortunately, Secured Signing’s RON platform offers a solution by eliminating many of these issues.

By switching to a fully digital system, title companies can save time, reduce costs, and simplify their workflow.

How Secured Signing Simplifies the Title Process

Secured Signing’s RON platform offers title companies and real estate professionals a digital and streamlined way to handle closings. Here’s how it helps:

1. Remote Accessibility
   To begin with, Secured Signing enables buyers, sellers, and agents to notarize documents from any location. This eliminates the need for in-person meetings, allowing transactions to proceed smoothly and helping avoid unnecessary delays.

2. Security for Peace of Mind
   Since fraud and forgery are on the rise, security is crucial. Thankfully, Secured Signing uses bank-grade authentication, including biometric and forensic ID verification, to ensure each signer’s identity is verified. Furthermore, advanced encryption protects sensitive data, reducing the risk of fraud and unauthorized access.

3. Compliance with Industry Standards
   Compliance is critical in the highly regulated real estate industry. Thankfully, Secured Signing’s platform is MISMO-accredited, ensuring that all notarizations meet legal standards. This makes it easier for title companies to maintain compliance with industry regulations.

4. Seamless Integration with Existing Systems
   Moreover, Secured Signing integrates effortlessly with title and escrow software. Whether you’re handling mortgage documents, title transfers, or escrow agreements, the platform transitions smoothly from paper-based processes to digital workflows.

5. Speed and Efficiency in Closings
   As closing dates approach, time becomes a critical factor. Fortunately, Secured Signing speeds up the notarization process, often completing it in just minutes. This efficiency reduces the risk of last-minute delays, ensuring that transactions stay on track. Additionally, with features like witness additions, the signing and notarization process becomes even faster and more efficient.

Advanced Fraud Prevention Features

In addition to these benefits, Secured Signing includes two essential features that help prevent fraud when signing online documents:

• ID Verification (IDV)
  Secured Signing’s ID verification process provides an extra layer of security by confirming the identity of each signer. In real-time, the platform performs over 50 forensic tests on scanned IDs to authenticate them and ensure they are valid.
  
  By verifying the identity of clients, businesses can safeguard against fraud, fake accounts, and identity theft.

• Signature Verification with PKI Technology
  Furthermore, Secured Signing offers a signature verification service for documents signed with a trusted PKI digital signature. This service ensures that signatories are authentic and that the document has not been altered.
  
  Using advanced encryption technology, Secured Signing verifies the authenticity of PKI-signed documents by calculating a hash value of the data and comparing it with the digital signature’s hash value. This process gives clients peace of mind, knowing their documents are secure.

With the rise in fraud and forgery claims, title companies face greater risks in today’s real estate landscape. Therefore, adopting stronger security measures has become more important than ever. Fortunately, Secured Signing’s Remote Online Notarization platform offers a simple, secure, and efficient solution.

Not only does it help streamline the closing process, but it also provides top-level security with features like ID Verification and PKI signature verification. By using Secured Signing, title companies can protect their clients and enjoy faster, more reliable closings.