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词条 Escrow.com
释义

  1. History

  2. Overview

  3. Services

  4. Licenses & Partnerships

     Licenses  Partnerships 

  5. References

  6. External links

{{Infobox Organization
|name = Escrow.com
|image = IconofanEsco.jpg
|motto =
|formation = 1999
|extinction =
|type = Private
|headquarters = San Francisco, CA
|location = United States
|membership =
|language = English
|key_people = Matt Barrie, President and CEO; Jackson Elsegood, General Manager; Neil Katz, CFO; Greg Robinson, VP of Compliance; Sebastian Siseles, Marcomms Manager
|Services = Online Escrow
|website = Escrow.com
}}Escrow.com is a privately held internet escrow company acquired in April 2015 by Freelancer.com Chairman and CEO Matt Barrie.[1] Based in San Francisco, CA,[1] Escrow.com was founded in 1999 by Fidelity National Financial.[2]

History

Escrow.com was founded in 1999 by Fidelity National Financial in response to Bank of America’s Four million dollar purchase a few years earlier of Loans.com. Fidelity decided to liquidate Escrow.com and did so in 2002 in a trade with iLumin for a software license. In 2004, Escrow.com was purchased by a private investor.[3] Currently, the company is owned by Freelancer.com Chairman and CEO Matt Barrie.[1]

Overview

Escrow.com provides internet escrow services for many companies in e-commerce, international trade, online auctions, and online shopping, such as eBay,[4] GoDaddy[5] and AutoTrader.[6] The items that are handled range from domain name sales to high monetary value items such as motor vehicles and heavy equipment/machinery. Escrow.com is a strategic partner with the United States Department of Commerce[7] in support of President Obama’s National Export Initiative.

The company has been a guest blogger on ‘Tradeology’ – the official blog of the International Trade Administration[8] as well as a featured writer in various magazines, including the Specialty Equipment Marketing Association (SEMA) News,[9] EXPORT Magazine,[10] and contributed towards having the term ‘Escrow Service'[11] added to the third edition of the Trade Finance Guide, published by The International Trade Administration (ITA). In 2013 Escrow.com reached an accrued value of over two billion dollars in transaction volume.[12]

The company works extensively in an effort to prevent online fraud and is a resource for the Internet Crime Complaint Center,[13] a multi-agency task force made up by the Federal Bureau of Investigation (FBI), the National White Collar Crime Center (NW3C), and the Bureau of Justice Assistance (BJA)

Services

The escrow company takes the buyer's funds, verifies the deposit to the seller, and transfers the funds to the seller after the buyer receives the merchandise, thus protecting the interests of both the buyer and seller.

  • Vehicle Escrow: An escrow process that protects both buyers and sellers. It ensures the money is transferred and the vehicle is delivered with every sale.
  • Domain and Website Escrow: An escrow process that ensures buyers get the domain or website and sellers get paid.
  • Domain Name Holding Escrow: A service designed for domain name buyers and sellers who agree to hold the domain(s) in escrow while the buyer makes scheduled payments.
  • General Merchandise Escrow: An escrow process used for almost any product that protects both buyers and sellers from fraud.
  • Milestone Escrow: An escrow process where Escrow.com does not release payments to the seller until each phase/milestone has been completed and approved by the buyer.
  • Broker Escrow: A three-party escrow transaction that offers brokers the ability to begin, manage and close transactions privately and in a secure manner.
  • Trade Transaction Protection: An escrow process used for international trade that protects both exporters and importers from fraud

Licenses & Partnerships

Licenses

StateLicense TypeRegulator
ArizonaEscrowArizona Department of Financial Institutions
ArkansasMoney TransmitterArkansas Securities Department
CaliforniaEscrowCalifornia Department of Business Oversight
ColoradoMoney TransmitterColorado Division of Banking
GeorgiaSeller of Payment InstrumentsGeorgia Department of Banking and Finance - Non-Depository Financial Institutions Division
IdahoEscrowIdaho Department of Finance
IllinoisMoney TransmitterIllinois Department of Financial and Professional Regulation
IowaMoney TransmitterIowa Division of Banking
KansasMoney TransmitterKansas Office of the State Bank Commissioner
MaineMoney TransmitterDepartment of Professional & Financial Regulation - Bureau of Consumer Credit Protection
MississippiMoney TransmitterMississippi Department of Banking and Consumer Finance
MissouriSale of ChecksMissouri Division of Finance
MontanaEscrowMontana Division of Banking and Financial Institutions
NebraskaMoney TransmitterNebraska Department of Banking & Finance
New HampshireMoney TransmitterState of New Hampshire Banking Department - Consumer Credit Division
New MexicoEscrowNew Mexico Financial Institutions Division
North CarolinaMoney TransmitterNorth Carolina Office of the Commissioner of Banks
North DakotaMoney TransmitterNorth Dakota Department of Financial Institutions - Consumer Division
OhioMoney TransmitterOhio Department of Commerce Division of Financial Institutions
OklahomaMoney TransmitterOklahoma Banking Department
South DakotaMoney TransmitterSouth Dakota Division of Banking
TexasMoney TransmitterTexas Department of Banking
WashingtonEscrowWashington Department of Financial Institutions
West VirginiaMoney TransmitterWest Virginia Division of Banking
  • Escrow.com has 42 financial services licenses granted or in-application [14]

Partnerships

  • National Independent Automobile Dealers Association[15]
  • Specialty Equipment Marketing Association (SEMA)
  • eBay[16][17]
  • Go Daddy
  • DomainNameSales.com[18]
  • United States Department of Commerce[19]
  • International Trade Administration[20]
  • United States Commercial Service[21]
  • BizBroker24.com[22][23]
  • xem.com.au[24]

References

1. ^{{cite web|title=Freelancer.com Acquires Payment Service Provider Escrow.com For $7.5M|url=https://techcrunch.com/2015/04/26/freelancer-acquires-escrow/|accessdate=27 October 2016}}
2. ^{{cite web|title=Fidelity National Financial, Inc. to Offer Internet Escrow Services Through Escrow.com.|url=http://www.thefreelibrary.com/Fidelity+National+Financial,+Inc.+to+Offer+Internet+Escrow+Services...-a056325638|publisher=thefreelibrary.com|accessdate=3 October 2014}}
3. ^{{cite web|title=How it could have been, Escrow.com|url=http://fragerfactor.blogspot.com/2012/07/how-it-could-have-been-escrowcom.html}}
4. ^{{cite web|title=eBay Preferred Escrow Services|url=http://pages.ebay.com/help/pay/escrow.html}}
5. ^{{cite web|title=Go Daddy Preferred Escrow Services|url=http://support.godaddy.com/help/article/3494/getting-paid-for-premium-listings}}
6. ^{{cite web|title=Autotrader.com Preferred Escrow Services|url=http://www.autotrader.com/fraud/index_pop.jsp#20842-460}}
7. ^{{cite web|title=Export.gov Strategic Partners|url=http://export.gov/CSPartners/eg_main_051038.asp}}
8. ^{{cite web|title=How are Escrow Services Used in International Trade Transactions|url=http://blog.trade.gov/2013/09/25/how-are-escrow-services-used-in-international-trade-transactions/}}
9. ^{{cite web|title=What are Escrow Services?|url=http://www.sema.org/news/2014/01/16/what-are-escrow-services-and-how-can-it-help-my-business}}
10. ^{{cite web|title=How to Get Paid When Exporting|url=http://www.rivcoeda.org/Publication/EXPORT/Magazine%20Issue_20_2014/files/assets/basic-html/page15.html}}
11. ^{{cite web|title=A Mutually Beneficial Cash in-Advance Method|url=http://export.gov/tradefinanceguide/eg_main_043222.asp}}
12. ^{{cite web|title=Escrow.com Surpasses $2 Billion in Secured Transactions|url=http://www.prweb.com/releases/2014/01/prweb11480428.htm}}
13. ^{{cite web|title=Escrow Services Fraud Prevention|url=http://www.ic3.gov/crimeschemes.aspx#item-8}}
14. ^{{cite web|url=http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01912146|title=Escrow.com Licenses|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=}}
15. ^{{cite web|title=NIADA Benefit Program|url=http://www.niada.com/benefit_program.php}}
16. ^{{cite web|title=eBay brings escrow aboard|url=http://news.cnet.com/eBay-brings-escrow-aboard/2100-1017_3-898154.html|publisher=cnet.com|accessdate=3 October 2014}}
17. ^{{cite web|title=Online escrow fraud on the rise|url=http://www.cbc.ca/news/canada/online-escrow-fraud-on-the-rise-1.350619|publisher=cbc.ca|accessdate=3 October 2014}}
18. ^{{cite web|title=DomainNameSales.com integration of Escrow.com|url=http://www.thedomains.com/2012/07/10/frank-schillings-domainnamesales-com-integrated-with-escrow-com/}}
19. ^{{cite web|title=US Department of Commerce Partners|url=http://export.gov/CSPartners/eg_main_051038.asp}}
20. ^{{cite web|title=International Trade Administration Partners|url=http://export.gov/CSPartners/eg_main_051038.asp}}
21. ^{{cite web|title=US Commercial Service Partners|url=http://export.gov/california/irvine/eg_us_ca_050766.asp}}
22. ^{{cite web|title=Escrow Partner BizBroker24.com|url=https://escrow.com/why-escrowcom/partners/landing/bizbroker24com.aspx|publisher=escrow.com|accessdate=5 December 2014}}
23. ^{{cite web|title=BizBroker24 Premium Partner of Escrow|url=http://bizbroker24.com/about-us/|publisher=bizbroker24.com|accessdate=5 December 2014}}
24. ^{{cite web|title=xem.com.au integration of Escrow.com|url=http://www.xem.com.au}}

External links

  • Escrow.com Website

2 : Financial services companies of the United States|Financial services companies established in 1999

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