CloseSimple Expands Fraud Prevention Platform
October 28, 2025
CloseSimple expanded its fraud prevention suite to equip title companies and real estate attorneys with new tools to detect, prevent and neutralize seller impersonation fraud and wire fraud before it impacts transactions.
“Our customers rely on CloseSimple to safeguard every closing, every time,” said Paul Stine, co-founder and CEO of CloseSimple. “Fraud prevention can’t be an afterthought or a bolt-on tool. It has to be integrated across the entire transaction, from identity verification and wire protection to communication and e-signing, so companies can protect their clients without disrupting their workflow or brand experience.”
Building on its existing suite of tools used by hundreds of title companies nationwide, CloseSimple’s expanded Fraud Prevention Suite includes:
- Early Scan: A proprietary algorithm that analyses the risk level of a seller within seconds of opening a file.
- Seller Identity Verification: Automated verification of seller information using digital ID checks and document authentication.
- Secure Wire Instruction Delivery: Education forward presentation of wire instructions that is easy to maintain and helps protect buyers from phishing attempts.
- Wire Verification: Integrated, brand-consistent workflows that verify routing details and wire recipients before funds move.
“Fraudsters are moving faster than ever, and the tools designed to stop them need to evolve just as quickly,” said Nate Niemi, CTO and head of product & security at CloseSimple. “Our approach is holistic: we’re embedding protection into the same workflows that users already rely on for customer communication, document delivery and e-signing, without adding steps or friction. Security should feel seamless.”
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