{"id":76029,"date":"2021-10-18T07:00:21","date_gmt":"2021-10-18T11:00:21","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=76029"},"modified":"2021-10-15T19:25:55","modified_gmt":"2021-10-15T23:25:55","slug":"formfree-selects-amazon-web-services-aws-to-power-consumer-financial-identity-solutions","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/formfree-selects-amazon-web-services-aws-to-power-consumer-financial-identity-solutions\/","title":{"rendered":"FormFree selects Amazon Web Services (AWS) to power consumer financial identity solutions"},"content":{"rendered":"

ATHENS, Ga., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — FormFree<\/a>\u00ae today announced it has selected Amazon Web Services, Inc.<\/a> (AWS) to power FormFree\u2019s consumer Financial DNA\u00ae solutions for the lender market.<\/p>\n

\"FORMFREE\"<\/em><\/p>\n

FormFree, a pioneer in direct-source digital financial verification, leverages cloud computing technologies to deliver scalable and secure solutions to over 3,500 lenders and partners throughout the United States.<\/p>\n

FormFree will leverage leading AWS technologies such as Amazon Managed Blockchain to create a scalable Hyperledger Fabric network to deliver its Passport\u00ae Token and vision of commoditizing borrowers\u2019 and credit providers\u2019 interests using non-fungible tokens (NFTs) in the FormFree Exchange (FFX), a marketplace solution that puts consumers in control of their lending interactions. Blockchain maintains the proof of truth as consumers use FFX to safely and securely share their verified Passport Token with prospective credit providers.<\/p>\n

The partnership also strengthens FormFree\u2019s ability to deliver financial data to U.S. housing finance agencies by leveraging AWS\u2019s expertise in the federal government and housing finance sectors.<\/p>\n

\u201cThe FormFree Exchange, powered by AWS, revolutionizes consumers\u2019 participation in the lending process,\u201d said FormFree Chief Technology Officer Brian Francis. \u201cNo longer is getting a loan centered on the lender. Instead, each consumer\u2019s unique Passport NFT puts them in control of who can see their financial information, and lenders can instantly get matched with leads that are not only qualified based on the consumer\u2019s level of interest but also verified based on the degree of fit between the consumer\u2019s financial profile and the lender\u2019s offerings.\u201d<\/p>\n

About FormFree\u00ae<\/strong><\/p>\n

FormFree\u00ae is a market-leading fintech company whose revolutionary products AccountChek\u00ae and Passport\u00ae make for a more inclusive credit decisioning landscape by enabling lenders to understand people\u2019s true ability to pay (ATP\u00ae). Our vision is to leverage source data and data-driven intelligence to usher in a new era of transparent, fair and liquid credit markets. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree\u2019s patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReissueKey\u00ae.<\/p>\n

For more information, visit https:\/\/www.formfree.com\/<\/a> or follow FormFree on LinkedIn<\/a>.<\/p>\n

Twitter: @AmazonNews @RealFormFree #mortgageindustry #fintech #digitalmortgage<\/p>\n","protected":false},"excerpt":{"rendered":"

ATHENS, Ga., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — FormFree® today announced it has selected Amazon Web Services, Inc. (AWS) to power FormFree’s consumer Financial DNA® solutions for the lender market. FormFree will leverage leading AWS technologies such as Amazon Managed Blockchain to create a scalable Hyperledger Fabric network.<\/p>\n","protected":false},"author":72,"featured_media":66885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10711,12804,14409,10130,1,38,123,39,599,6,5],"tags":[17038,6817,205,17037],"class_list":["post-76029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","category-ap","category-athens-business","category-blockchain","category-business-news","category-finance-news","category-georgia-news","category-mortgage-news","category-cloud-saas-news","category-software-news","category-technology-news","tag-amazon-managed-blockchain","tag-amazon-web-services","tag-depthpr","tag-hyperledger-fabric-network","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":4638,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/76029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=76029"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/76029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/66885"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=76029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=76029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=76029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}