TheMReport

TH E M R EP O RT | 5 MTECH accessible, and we are eager to see the value that EXOS provides to that platform and the entire loan- intake process." Data-Driven Loan Decisions FICO AND EQUIFAX HAVE TEAMED TO INTRODUCE AN END-TO-END DATA AND ANA- LYTICS SUITE. E quifax, a global data, analytics, and technology company, has announced a strategic partnership with FICO, a California-based predictive analytics and data-science company. Through this partnership, FICO and Equifax are introducing the Data Decisions Cloud, an end-to- end data and analytics suite that addresses key needs across risk, marketing, and fraud to enable financial institutions to meet the needs of consumers faster and more precisely. The platform integrates the Equifax Ignite platform dif - ferentiated data and analytic management with FICO's cloud applications and the FICO Decision Management Suite (DMS), a digital decisioning platform. The companies said this broad strategic alignment will enable organizations to easily explore differentiated data, uncover new insights, build more predic - tive models, and rapidly deploy decisions into production systems across the customer life cycle. "We are energized about this broad partnership between Equifax and FICO," said Mark W. Begor, CEO of Equifax. "Two industry leaders are joining forces to help financial institutions better meet the needs of consumers and improve business agility. Our part - nership will seamlessly integrate Equifax's differentiated data assets and Ignite platform with FICO's cloud-based decisioning software and applications." The strategic partnership is focused on a connected, end-to- end development and decisioning management platform that allows customers to quickly explore, develop, test, and deploy insights into production systems across the organization. "Our common mission is to empower financial institutions to leverage data-driven decisioning in all their customer interactions," said William J. Lansing, CEO of FICO. "With this strategic partner- ship, FICO and Equifax will help organizations operationalize the best data with unparalleled predic- tive analytics and applied AI, and do so in a streamlined and cost- effective way." Speeding up the Last Step FNF AND BLACK KNIGHT HAVE DEVELOPED A FULLY DIGITAL TITLE CLOSING EXPERIENCE. F lorida-based Fidelity National Financial (FNF) announced the launch of a comprehensive digital closing experience for consumers closing in its title operations. Developed in partnership with Black Knight, Inc., this closing experience supports both hybrid and fully digital closing options and is tightly integrated with FNF's title production systems. Designed to digitally engage homebuyers and sellers in the process well in advance of the closing signature ceremony, the experience brings increased transparency, flexibility, and convenience to the final steps of real estate transactions. "Today's homebuyers and sell- ers have come to expect a digital experience that increases the trans- parency and convenience of the transaction," said Jason Nadeau, Chief Digital Officer for FNF. "At FNF, we understand this. That's why we're committed to creat- ing a totally redesigned real estate experience for the consumer. We're also making sure our vast network of partners has access to the tools they need to compete effectively in an increasingly digital world." In partnership with Black Knight and leveraging the com- pany's Expedite Close technol- ogy, FNF created a digital closing experience that is tailored to meet the very specific needs of the settlement community. FNF's platform is based on tight integra- tions with title production and workflow solutions and optimized for ease of use and maximum adoption. Additionally, consumers are provided with greater visibility and transparency into their docu- ments prior to the actual closing. Integrated eSignature technology allows for many documents to be signed in advance of the closing itself and—in jurisdictions where it is permitted—remote online notarization capabilities ensure sell- ers and buyers can close on a real estate transaction when and where it best suits their schedules. "We're honored to have col- laborated with FNF in developing a new closing experience," said Joe Nackashi, Black Knight President. "Black Knight is committed to our clients' success, and we whole- heartedly support FNF's mission to redefine the experience for the millions of consumers they work with annually." While the digital closing plat- form is loan origination system (LOS) agnostic, it is currently integrated with Black Knight's suite of solutions. Digital Notarizations Come to Mid America MID AMERICA CLIENTS WILL NOW BE ABLE TO INCORPO- RATE DIGITAL NOTARIZATIONS INTO THEIR CLOSINGS. C alifornia-based NotaryCam announced that Mid America Mortgage is now using its integration with DocMagic to conduct remote online notarizations (RONs) through DocMagic's Total eClose platform. Mid America will leverage this integration throughout its retail, correspondent, and wholesale channels. "Since 2016, Mid America's strategy has been 'digital first.' As a result, we have been able to condense our application-to- closing time down to just two weeks and our closing ceremony to 30 minutes or less with our digital mortgage product Click n' Close," said Jeff Bode, Owner and CEO of Mid America. "RON allows us to double down on our closing efficiency while also providing additional convenience to our customers. The addition "Our partnership will seamlessly integrate Equifax's differentiated data assets and Ignite platform with FICO's cloud-based decisioning software and applications." —Mark W. Begor, CEO, Equifax

• Cover