LexisNexis Enterprise Solutions and Coadjute join forces
Key partnership formed as rollout of national network for the UK property market continues to accelerate. Coadjute, the blockchain network for the property market that is transforming the ease and speed of home purchasing, has joined forces with LexisNexis Enterprise Solutions, a leading provider of a flexible technology platform that powers optimised legal service delivery, […]
Competitions watchdog investigate Dye & Durham again
The Australian competitions watchdog, the Australian Competition and Consumer Commission (ACCC) have launched an investigation in to Dye & Durham’s acquisition of Link Administration Holdings, a 43% owner of e-conveyancing platform PEXA. In January 2022, Dye & Durham announced it had agreed to acquire Link for an estimated c$3.2bn. In a statement released on the […]
Confessions of a cyber conveyancer
Every now and again you get a brilliant idea. When it happens, like your birthday – you feel uniquely special for the rest of the day. You implement it and for a week or so you bask in the glow of your own assumed brilliance. Then it just becomes part of the day job and […]
LexisNexis Bellwether Report: legal tech is dividing firms
Many small law firms are thinking big when it comes to the tech they need to see them through another period of profound change. But the latest research from LexisNexis’ Bellwether report shows that 47% say they have no plans to invest in any technology at all. Today, LexisNexis Legal & Professional released the 10th […]
Open Banking: Protecting conveyancers from fraud
In this Today’s Conveyancer Podcast David Opie is joined by Cashroom’s Chris and Steven O’Day, CEO and Head of Technology respectively and Tom Lyes, Head of Legal at Armalytix. The discussion centres on the opportunity presented by open banking in reducing the risk of fraud across the conveyancing transaction, from initial onboarding through to completion […]
Technology and the single platform conveyancing solution
In this Today’s Conveyancer podcast David Opie is joined by Peter Ambrose, Managing Director at The Partnership based in Guildford. Peter talks about his experience as a non-lawyer leading a law firm, and how his background in technology in the UK and America has led to him adopting a “technology first” approach at The Partnership. […]
Confessions of a cyber conveyancer
So there we were, sitting around, eating bonbons, adding features to our case management system, and generally feeling pretty confident with how we were leading the way in conveyancing technology. When suddenly, last Tuesday, a message popped up at the bottom of the browser on our screens. I can’t remember the words exactly but, roughly […]
PEXA develops new payment system and partners with ClearBank in remortgage platform
PEXA, the Australian-founded fintech that enabled the world’s first fully digitised property settlement process, today announces the successful development of a brand new payment scheme – PEXA Pay. At the same time, PEXA has partnered with ClearBank, the largest next generation clearing and embedded banking platform in the UK, to broaden access to its forthcoming […]
Does ID/AML have to be a drama?
The recent thought-provoking ITV drama “Our Home” highlighted the possible nightmare scenario of going away for a few days and coming back to find strangers moving into your house. A cleverly orchestrated fraud (if a little too simplistic) sees a London home sold fraudulently, demonstrating real challenges that exist in our system if quite simple […]
HMLR accelerates Digital Registration Service
HMLR has announced that it will be moving all application types to the Digital Registration Service this year, including leases and transfers of part, months earlier than originally planned. In November 2022, HMLR announced that most AP1 applications to change the register via the online portal will only be possible through the new Digital Registration […]
Confessions of a cyber conveyancer
It’s tough being a thorn in people’s sides. I bleat on about using the latest technology while traditional lawyers disagree with me; “We don’t need technology” they cry, “we need better lawyers”. I tell them to take a long hard look in the mirror and realise that they must adapt to change. I then go […]
Learning the lessons from Australia – how will PEXA approach the UK property market?
In this episode of the Today’s Conveyancer podcast David Opie is joined by PEXA UK Chief Executive James Bawa and Heather Crichton, General Manager Industry Readiness. James and Heather discuss the impending launch of PEXA in the UK and the lessons learned in Australia that they bring with them to help facilitate a more streamlined […]
Government’s intent to legislate on identity & legal sector response
The sad events in Ukraine have forced the government and the property industry to pay even more attention to where client money comes from and who their client is. This has had serious implications for the whole industry, not just for those exposed to foreign property transactions. Events in Ukraine forced the government to push […]
LMS launches confirmly to safeguard conveyancing process
LMS, the UK’s leading panel management specialist, has announced the launch of confirmly: a fast, trusted and secure law firm identity checking technology, designed to reduce risk and prevent scams when transferring conveyancing funds and client monies. Confirmly provides real time monitoring for law firms by harnessing LMS Panel Link and specialist data to verify bank […]
What is open banking and what does it mean for legal services?
January marked Open Banking’s fourth birthday, but it is still a foreign concept for many, including the legal sector. Questions as to what Open Banking even is, and how it can be applied, remain unanswered. To help shed some light on this, Open Banking experts, Cashroom and Armalytix, tackled some key questions around the applications […]
Leapfrogging antiquated processes with technology and an appetite for innovation
The property market has been operating at breakneck speed over the past few months as a combination of Covid-19 dynamics and Stamp Duty holiday incentives have created the perfect storm. For Scott Gair, Partner at Dean Wilson, there has never been a better time to embrace technology and keep one step ahead of the fast […]
Could cyber regulation for IT service providers be introduced?
Third party IT service providers could be required to follow new cyber security rules such as the National Cyber Security Centre’s Cyber Assessment Framework as part of new proposals to help businesses manage the growing cyber threat. A consultation by the Department for Digital, Culture, Media and Sport (DCMS) looked into the security of digital […]
InfoTrack’s Property Report wins Legal Innovation Award
InfoTrack’s newest product, Property Report, has been awarded Legal Innovation of the year at LegalEx 2021. Voted as the most innovative legal product by legal professionals, Property Report is the only search data-driven solution in the market that uses dynamic data to automate and accelerate the creation of a report on title. Designed to tackle […]
Adopting AI technology has some complexity. Where should property professionals begin?
A major new study sheds light on LegalTech adoption An SRA commissioned study into the legal sector and innovation revealed that a significant majority of surveyed law firms use technology in general to deliver legal services. However, only 37% use technology designed specifically for legal professionals, such as: automated documents interactive websites artificial intelligence A […]
Ordnance Survey and Conveyancing Information Executive to host Industry Round Table
The Conveyancing Information Executive (CIE) has today announced that Ordnance Survey (OS) will host the CIE’s first industry round table, focused on Property Passports: the role of Unique Property Reference Numbers (UPRNs) in improving the property transaction process. The CIE round table will be hosted at Ordnance Survey’s head office in Southampton on the 24th […]