One of the most common and costly schemes in real estate today is wire fraud, often carried out through business email compromise (BEC). Here’s how it typically works: These funds are often impossible to recover once sent. How to Protect Yourself Even a small pause can save you from a massive loss. Before sending any […]

DirecFunds has launched its inaugural payment product, a Digital Wire nationwide. This innovative offering is one of the first Digital Wire or Real-Time Payment solutions that can be initiated entirely from the comfort of your home or office. Instant Payments, Superior Protection Our new Digital Wire utilizes DirecFunds’ “best-in-class” Wire and Instant Payment prevention filter […]

DirecFunds is excited to announce the initial release of our newest solution designed specifically for settlement agents and title professionals: Consumer Funds to Close — a secure, web-based platform that makes receiving good funds easier than ever. For decades, the industry has relied on outdated, stressful, and risk-prone wire transfers to move closing funds. The […]

DirecFunds is pleased to announce the execution of a key new banking relationship with one of America’s leading financial institutions, U.S. Bank. This partnership will play a vital role in supporting several new products and services that DirecFunds plans to launch nationwide in the first quarter of 2026. In addition, U.S. Bank will serve as […]

DirecFunds and Corporate One Credit Union have entered into a Partnership Agreement to jointly develop and bring to market a suite of innovative digital payment products for the credit union industry. Corporate One Credit Union, one of only five corporate credit unions serving as a key facilitator of payments for credit unions nationwide, has a […]

August 2025 – Real-Time Payments Tracker® Series Fraud fears still cloud real-time rails adoption, yet actual fraud rates remain low. So why do myths about fraud in faster payments still hold sway? Faster payments are gaining traction, but fraud fears haven’t kept pace with facts. Convinced that speed invites scams, many banks in the United States […]

DirecFunds has contracted with Russell Cavan to serve as a Strategic Consultant Business Advisor. Mr. Cavan is an Adjunct Professor, Stillman School of Business, Seton Hall University where he teaches subjects that range from Digital Transformation and AI. Prior to Seton Hall University Mr. Cavan served as Global Managing Director, Venture Capital and Mergers & […]

Effective January 5, 2025 Kim Allan Sharp has added Chief Executive Officer to his responsibilities at DirecFunds. Mr. Sharp previously served as President & Chief Operating Officer of the company. Mr. Sharp will also continue to serve on the Board of Directors for DirecFunds. The Board of Directors has been expanded from two Members to […]

The Preferred Stockholders of DirecFunds have elected a new Board of Directors and Management Committee. This newly elected Board and Management Committee bring a wealth of expertise and leadership that will guide DirecFunds into its next chapter of growth and innovation.

Asset Financial Services, Orlando, Florida has agreed to sign a contract with DirecFunds utilizing their Secure Payment Hub to send both Instant Payments and Digital Wire Payments. Asset Financial Services is a leading national Remarketing Firm that works in the Financial Services Industry repossessing and remarketing foreclosed bank assets for leading financial institutions. The company […]