Black Knight has acquired DocVerify, which offers solutions that provide proof of the integrity of digital documents, for an undisclosed sum.
DocVerify’s software enables organizations across a wide range of industries to streamline processes, safeguard sensitive information and reduce costs.
The acquisition helps accelerate Black Knight’s goal of digitizing the entirety of the real estate and mortgage continuum.
DocVerify’s digital document verification capabilities are already seamlessly integrated with Black Knight’s digital closing platform, Expedite Close.
DocVerify’s suite of capabilities includes an e-notary platform supporting both in-person electronic notarization (IPEN) as well as remote online notarization (RON) and developer tools.
All solutions are built on DocVerify’s proprietary VeriVault™ verification platform, a security and storage platform that verifies the content, creator, and creation date of any digital document to help eliminate the risk of forgery, fraud or theft.
Black Knight says the acquisition significantly enhances its ability to support the widespread adoption of e-notary and e-vault solutions in the mortgage and real estate industries and beyond.
“Black Knight and DocVerify are an exceptional strategic fit, given how our solutions and platforms complement one another,” says Anthony Jabbour, CEO of Black Knight, in a release. “Digital documents are becoming the norm for conducting business in virtually all industries. Black Knight and DocVerify share a commitment to helping our clients move closer to a secure paperless environment through the digitization of the document validation process and a highly secure e-notary solution that our mortgage and real estate clients can leverage to offer a 100 percent digital closing.”
