Draft:Rynoh

Draft article not currently submitted for review. This is a draft Articles for creation (AfC) submission. It is not currently pending review. While there are no deadlines, abandoned drafts may be deleted after six months. To edit or make changes to this draft, simply click on the "Edit" tab at the top of the window. To be accepted, a draft should: Show the subject qualifies for a Wikipedia article by using multiple sources that meet four criteria. The sources should be (1) reliable (2) secondary (3) independent of the subject (4) talk about the subject in some depth. For some topics, there are alternative criteria. Be written from a neutral point of view Respect copyright and do not plagiarize. Do not copy-paste. It is strongly discouraged to write about either yourself or your business or employer. If you do so, you must declare it. Where to get help If you need help editing or submitting your draft, please ask us a question at the AfC Help Desk or get live help from experienced editors. These venues are only for help with editing and the submission process, not to get reviews. If you need feedback on your draft, or if the review is taking a lot of time, you can try asking for help on the talk page of a relevant WikiProject. Some WikiProjects are more active than others so a speedy reply is not guaranteed. How to improve a draft Wikipedia:Contributing to Wikipedia – a basic overview on how to edit Wikipedia. Help:Wikitext – how to use the markup Help:Referencing for beginners – how to include references Wikipedia:Article development – how to develop your article Wikipedia:Writing better articles – how to improve your article Wikipedia:Verifiability – make sure your article includes reliable third-party sources You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Add tags to your draft Editor resources Easy tools: Citation bot (help) | Advanced: Fix bare URLs Last edited by Qwerfjkl (bot) (talk | contribs) 5 days ago. (Update) Submit the draft for review!

Rynoh is a cloud-based software company that provides escrow accounting, reconciliation, and wire fraud prevention tools to title insurance agents, attorneys, and settlement companies in the United States.^[1] Founded in 2007, the company says its platform was developed by a title agent for the title industry, and it has since become one of the largest providers of financial-safeguard software used during real estate closings.^[1][2]

Rynoh was founded in 2007 as a Virginia-based company offering automated escrow reconciliation software to title and settlement agents.^[1][3] In May 2021, the company was acquired by Porch Group, a Seattle-based software and insurance company listed on Nasdaq under the ticker PRCH, which expanded its reach into the title insurance industry through the purchase.^[3] Following the acquisition, Rynoh continued to operate under its own brand while adding new modules to its software suite. In June 2022, the company launched RynohEscheat, a module intended to help title companies track and report unclaimed funds in line with state escheatment laws.^[3] In January 2024, Porch Group announced the release of RynohVerifi, a product designed to confirm payee account ownership and flag irregularities that could indicate business email compromise or impersonation schemes before a wire transfer is sent.^[4] According to Porch Group, roughly 40 percent of United States residential home purchases and refinances used Rynoh software as of 2024, up from about 30 percent in 2021.^[4]

Rynoh's core offering is an escrow account auditing and reconciliation platform that connects to a title or escrow company's accounting software and bank accounts to monitor the movement of client funds.^[5] The platform performs continuous account auditing, daily reconciliation, and transaction monitoring, and it generates automated compliance and forensic reports intended to help firms detect discrepancies or potential fraud.^[2][5] Additional modules include:

• RynohRecon, which is described as streamlining disbursement workflows and strengthening fraud protection during the closing process.^[5]
• RynohVerifi, an account-verification tool that checks payee banking details before a wire is sent, intended to catch fraudulent account substitutions.^[4][6]
• RynohEscheat, which helps title agents identify unclaimed escrow funds and manage state escheatment reporting requirements.^[3]

The company markets its software to settlement agents, attorneys, and title insurance underwriters, positioning the underwriter-facing tools as a way for insurers to monitor trust accounts held by their network of agents.^[5] Rynoh states that the funds monitored through its platform total more than $35 trillion in disbursements.^[7]

Rynoh operates as a business unit of Porch Group, Inc., a publicly traded vertical software and insurance company headquartered in Seattle, Washington, that serves companies across the home-services industry, including inspectors, movers, warranty providers, and title companies.^[4] Porch Group has continued to expand Rynoh's product line since the acquisition as part of its broader strategy of offering software to companies involved in home purchases and closings.^[4]

• Title insurance
• Escrow
• Wire transfer
• Porch Group