Thirdfort integrates document scanning and facial recognition technology to verify client identity and open banking to retrieve financial data and automate parts of the mortgage suitability process.
Altura Mortgage Finance has partnered with digital KYC and open banking provider Thirdfort for client onboarding.
Thirdfort integrates document scanning and facial recognition technology to determine authenticity of a client’s identity document, and FCA regulated open banking technology to access and retrieve bank statement data.
Rob Gill, managing director of Altura Mortgage Finance, said:“We’re thrilled to be Thirdfort’s first ever mortgage broker.
"Technology is still underused in our industry, it has the potential to be truly transformative in many areas, including compliance.
"Thirdfort will make us more secure and efficient, as well as providing a highly convenient solution to our clients.”
Olly Thornton-Berry, co-founder and managing director of Thirdfort, added:“We are delighted to be working with Rob and the team at Altura. Rob shares our vision of streamlining age old parts of the mortgage broking process that are slow, manual and open to risk.
"Consumers are much more tech-savvy and we are used to taking a digital approach in most aspects of everyday life. Buying a house shouldn’t be any different. This partnership marks a significant move for Thirdfort into the mortgage broking market which we believe is ripe for innovation.
"Rob’s team provides a fantastic example of how technology can benefit a business not only in terms of client services but also for staff, with the ability to better manage resources and build on those all important customer relationships.”
