The revolutionary phone-locked verification system that eliminates $3.31 billion in annual real estate wire fraud
Three simple steps to bulletproof wire security
Title company locks wire instructions to buyer's verified phone number at closing. This creates an unbreakable cryptographic bond between the wire details and the phone.
Wire instructions are sent via email or portal. Even if intercepted by hackers, they cannot be modified without the phone verification.
Buyer enters phone number to unlock instructions. SMS code confirms identity. Wire proceeds only with correct verification.
Security Feature | PhoneLock Protocol | Email Only | Callback Verification |
---|---|---|---|
Prevents Email Hijacking | |||
Stops Social Engineering | |||
Prevents Wire Modification | |||
Instant Verification | |||
No Human Error | |||
Cost Per Transaction | $0.15 | $0 | $25+ |