Smartr365 agrees exclusive partnership with Digidentity

End-to-end mortgage platform, Smartr365, has announced a new exclusive partnership with Digidentity.

The move makes Smartr365 the only mortgage platform where brokers can access Digidentity’s digital ID verification service.

Brokers will only need to request that their client begins a fact find and from there, Smartr365 and Digidentity can remotely verify the customer’s identity for underwriting and compliance purposes.

When a borrower creates a verified ID with Digidentity, the details can be carried forward and transferred throughout the different stages of the mortgage journey, as one digital document.

Users are able to assert their identity to each stakeholder in the house-buying process, which Smartr365 noted will save both advisers and their clients “significant time and effort”, with no need to re-enter any information.

“The future of the mortgage process is digital, and the market has taken significant strides forward over recent months,” said Smartr365 CEO, Conor Murphy.

“Our commitment to a frictionless, digital process is at the core of what Smartr365 gives brokers, and this exclusive partnership with the industry’s leading digital ID provider is the next step in making the Smartr365 the go-to broker software platform.”

Digidentity CTO and founder, Marcel Wendt, added: “The need for physical ID verification is a hassle for customers and brokers, and it’s open to fraud and abuse. Digital verification is more secure, more efficient, and should become the new normal in the mortgage market.

“Digital ID verification can transform a time-consuming process into something that’s simple and easy for customers. Our exclusive partnership with Smartr365 is a logical move to increase our footprint among UK mortgage brokers.”

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