Digidentity, a UK-based identification verification service, has partnered with recently-launched financial technology platform Smartr365 to provide fast, safe ID verification.
Digidentity is used by the UK government and offers internet users their own online identity. By removing the traditional and laboured methods of obtaining ID verification, Digidentity can provide fast identification to accelerate mortgage applications and enable financial advisers and brokers to move quickly through application processes. This will be embedded within the Smartr365 platform, providing a highly efficient process for them, and for any broker using it.
Conor Murphy, Director, Smartr365 & Capricorn Financial, says: “We’re delighted to be partnering with Digidentity to be able to offer our advisers new software that will benefit them and their customers. We scanned the market for the best identification verification processes and Digidentity were an easy choice to make. Customer security is the cornerstone of the Smartr365 solution. Recently, we announced a partnership with Callcredit, further enhancing the service the Smartr365 platform provides and Callcredit is able to offer comprehensive affordability insight enabling us to build a more complete and timely picture of an applicant.
“From there our advisers can check the value of their client’s home to make sure the deal fits from that perspective too, and then submit the application to the lender and to the relevant solicitor, all at the touch of a button. The adviser, client and any introducer involved, can track the progress of the application right through to completion. This massively shortens the time taken to process a mortgage, whilst also removing most of the pitfalls from the process and increasing the likelihood of completion.
“We have used the Smartr365 platform for many years within Capricorn and the addition of the Digidentity functionality to this is a major game-changer for us.”
Marcel Wendt, Founder and CTO of Digidentity adds: “With our passion for innovation we are delighted to become part of the Smartr365 technology platform. Our goal is to simplify everyone’s online life together with Smartr365 to empower better financial decisions and planning for their clients.”