The partnership aims to help property professionals navigate growing fraud and money laundering risk
Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has partnered with insurance brokers Mint. With money laundering now costing the economy more than £100bn, the partnership aims to help property professionals navigate growing fraud and money laundering risks.
The partnership enables Mint’s property professional clients to more easily access Thirdfort’s one-stop solution for comprehensive AML. Moreover, the collaboration means Mint’s clients can reduce the admin burden of searching for and vetting a digital ID and AML solution. Mint and Thirdfort are committed to helping property professionals reduce fraud risks while meeting regulatory requirements.
Thirdfort is the only platform to combine best-in-class digital ID, AML and SoF verification alongside Open Banking and transaction-specific data. It rapidly informs regulated professionals of risks with onboarding individuals and corporates, enabling them to begin transacting with new clients more quickly. Thirdfort is currently used by more than 850 regulated professional services firms, including estate agents, law firms and conveyancers, among others.
Mint specialises in servicing the insurance needs of property professionals and have a wide client base ranging from national corporates to self employed individuals.
Matt Berry, Head of Partnerships at Thirdfort, said:
“Mint Insurance Brokers is a leading independent insurance broker for lawyers, estate agents and conveyancers. With such a fantastic client base, the partnership enables Thirdfort to increase our reach in the property sector while ensuring we can help Mint’s clients reduce the risk of fraud and money laundering without needing to spend hours searching for a best-in-class AML solution.”
Oliver Wharmby, Director at Mint Insurance Brokers, said:
“Thirdfort has an excellent reputation as a one-stop solution for digital ID check and AML for property professionals. We recognise the very real exposure and hope our partnership with Thirdfort will help to promote good practice and raise standards within the industry. We strive to help our clients manage and mitigate risk, which is at the heart of what we do and which forms part of the first-class service we provide for property professionals across the UK.”
For more information on the partnership, please contact; contact@thirdfort.com
This article was submitted to be published by Thirdfort as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
