Title insurance and real estate technology company FCT has joined the Verified.Me network to help lending professionals complete identity validation for borrowers in a secure way.
FCT will integrate the Verified.Me service into its Verify+ platform, a service for lending professionals to complete identity validation and secure document transmission for direct-to-consumer lending channels, NewsWire reveals. This means that after a borrower agrees to the identity validation process, they will be guided through a workflow that integrates Verified.Me. This enables lenders to collect and validate a borrower's information from a trusted provider, such as their financial institution.
Verified.Me uses a trusted connection with existing personal identification details, including a financial institution, to help verify identities, create accounts, and access online services from other trusted organisations. The service reduces unnecessary oversharing of personal information by providing consumers the choice of when and with whom their information is shared.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.