John Dobson, chief executive of SmartSearch, said: “Criminals are using cutting-edge technology to create fraudulent documents and it’s imperative that everyone involved in the property purchase process is using the most effective methods to prevent money laundering."
SmartSearch has partnered with Alto to provide its customer verification system to the cloud-based software for agents.
The system uses credit reference data, combined with trusted public sources, to generate a composite digital identity.
For Alto customers, this means they can streamline the anti-money laundering (AML) process and meet legal requirements without leaving the software platform.
John Dobson, chief executive of SmartSearch, said: “Criminals are using cutting-edge technology to create fraudulent documents and it’s imperative that everyone involved in the property purchase process is using the most effective methods to prevent money laundering.
“As a disruptor which has successfully changed the property industry, the Zoopla family of brands has constantly been at the forefront of developing new technology.
"Its system is designed to make the process of finding a house as simple and efficient as possible.
“This philosophy completely matches with our ethos at SmartSearch, as our customer verification platform is designed to make the process of on-boarding new clients as effective as possible.”
Andy Marshall, chief commercial officer at Zoopla, added: “ The customer experience is imperative to Alto’s functionality.
"Designed to deliver a seamless service to our agent partners who use Alto, this integration with SmartSearch is a real milestone on our journey.
“We’ve been very impressed by the ease of use of the SmartSearch system; it provides a one-stop-shop for our anti-money laundering checks and the searches can be completed in seconds, providing a big benefit to our customers.”
