A guide to automated real-time monitoring for PEPs, sanctions and fraud
Automated PEPs, sanctions and fraud real-time monitoring (RTM) provides a critical element for any organisation’s anti-money laundering (AML) and counter-terrorism financing (CTF) compliance requirements and ensures that customers and related parties are continuously screened against global watchlists, sanctions list, politically exposed persons (PEPs), and fraud databases throughout the entire business relationship, not just at onboarding. […]
‘Digital wallet’ that aims to reduce compliance checks rolled out across property sector
A ‘digital wallet’ that aims to reduce repeated compliance and ID checks for property buyers has been launched by digital ID company Credas. The Credas Compliance Wallet has been designed for use across regulated industries, but is being initially rolled out across the property sector to tackle the ‘persistent challenge’ of compliance duplication. Each wallet […]
Beyond the spreadsheet: AI and the future of legal reporting
It’s no secret that across the legal sector, reporting is a necessary evil. Senior staff often spend hours each month chasing down figures, pulling data into spreadsheets, and then trying to turn all of that into something that looks halfway presentable for partners’ meetings. It’s slow, repetitive, and it takes highly skilled people away from […]
“Interoperable, digital ecosystem” welcomes 42 new organisations to its transaction network
Forty-two organisations have committed their support to the National Property Transaction Network (NPTN), described as an ‘interoperable, digital ecosystem’ by its creators, following a successful pilot in late 2024. The NPTN has been created by LMS and uses the a framework of secure, reusable data to share information through the course of the transaction, built […]
Using QES for eWitnessing to accelerate conveyancing transactions
HM Land Registry (HMLR) has for some time been at the forefront in the promotion of digital methods to speed up transactions and reduce the risk of fraud. The pandemic was a catalyst in finding ways to work remotely and ensure that the sale and purchase of property and the related updates to the Land […]
From 83,000 PDFs to one smart workspace: enquiries made simple, clear, and compliant.
For conveyancers across the UK, enquiries remain the most frustrating stage of a property transaction. Too often they are irrelevant, non-compliant, or duplicated. The result? Weeks lost to unnecessary back-and-forth, clients left waiting, and teams stuck trawling through emails instead of progressing files. But enquiries are also essential. They safeguard clients, protect against risk, and […]
Conveyancing is at the technology crossroads
Conveyancers are increasingly faced with a stark choice: adopt new technology or stick to tried-and-tested methods. But those that embrace change are already moving faster and winning more clients than their competitors. The crossroads is here Conveyancing is built on trust. Trust is built over generations by tradition and tried-and-true methods. This gives clients confidence […]
From hours to seconds: How AI is transforming law firm reporting
AI is now part of everyday life. From asking Alexa for the weather to letting Spotify recommend a song, AI helps us get what we need faster. Now, Perfect Portal is bringing that same simplicity and speed to law firms, helping them understand their business data in seconds, not hours. Perfect Portal has introduced AI […]
Updated schema for Open Property Data Association
An updated schema for the Open Property Data Association’s (OPDA) Property Data Trust Framework (PDTF) schema, has added new features to improve transparency, reduce delays and further accelerate the digitisation of the property market said the group. The PDTF is an attempt to standardise the collection, storage and redistribution of data in such a way […]
Legal AI platform Lawhive acquires UK law firm and sets sights on conveyancing sector
AI legal tech company Lawhive has acquired Woodstock Legal Services, in the first acquisition of a traditional UK law firm by an AI-native platform. The acquisition will allow Lawhive to target the £25 billion legal market in the UK, the company said. The deal will enable Lawhive to focus on the conveyancing market, where it […]
As high street law evolves, data becomes increasingly important
The face of the high street lawyer is changing. Over the last decade, the number of sole practitioners has dropped from 27% to 16%, while incorporated companies have increased from 36% to 57% over the same period. While the change in status may be attributed simply to a more efficient or convenient operating structure for […]
Public/private partnerships to help with AI-driven home moving
The government is inviting private companies specialising in building technology solutions which incorporate artificial intelligence (AI) to work collaboratively to ‘transform public services’. Prime Minister Sir Keir Starmer has launched an initial set of priority AI exemplar projects set to show how AI can help to transform public services to make people’s lives easier and […]
Confessions of a cyber conveyancer – ‘All AI is equal, it’s just that some is more equal than others’
As George Orwell pointed out in Animal Farm, while some things start out as a good idea, there’s always the possibility that they can go horribly wrong. Unfortunately, when it comes to how technology providers are explaining their offerings today, there’ll be many lawyers who wish they were like Boxer and shipped off to the […]
Taylor Bracewell achieves government-backed cybersecurity accreditation with Access Legal Proclaim
Taylor Bracewell, a leading law firm based in South Yorkshire, has successfully achieved Cyber Essentials Plus accreditation by switching to the latest version of Access Legal Proclaim, demonstrating the company’s ongoing commitment to best practice in cybersecurity and to remain compliant with data protection standards. Cyber Essentials is a government-backed accreditation scheme that certifies a business has the appropriate […]
PEXA marks UK launch with September roadshows
PEXA is officially launching its digital property exchange platform in the UK with a series of roadshows throughout September. As well as introducing the full platform proposition, the launch will bring together industry leaders in each region to explore the themes currently impacting the housing market. The roadshow will visit Leeds (9th September), Manchester (10th) […]
How smart conveyancing firms are using automation to grow
Even if you’re not using automation now, your competitors probably are. Whether you’re running a boutique firm or a major conveyancing practice, adopting the right platform will unlock serious growth. Growth without chaos For many firms, growing the business is all about adding more clients. That means more work, more admin, and more strain on […]
Legal Eye Academy unveils enhanced AML training module
Legal Eye has announced an important new update, with the launch of an enhanced Anti-Money Laundering (AML) module, designed to reflect the latest AML guidance from the Solicitors Regulation Authority (SRA). The Legal Eye Academy – a purpose-built online training platform helping legal professionals to meet mandatory compliance requirements – continues to evolve to meet […]
New digital platform ‘will address genuine needs’ in conveyancing process
A new digital platform launched by property technology company e4 Strategic aims to ‘modernise post-offer processes and improve efficiency in the conveyancing process’ to ‘address the genuine needs’ of conveyancers and lenders. The VERSA platform has been built to address what e4 Strategic says is ‘one of the most persistent challenges to the UK property […]
Unlocking insights with the remastered Argyll reports
As part of our continued drive to be at the forefront of the property market, we’ve redesigned our Argyll SiteSolutions reports. These reports continue to provide expert insight and bespoke recommendations, retaining a higher level of clarity and the optional consideration of climate risk. This allows our customers to proceed with the highest level of […]
Enhance AML processes seamlessly with Redbrick Solutions and Thirdfort
Arrow Conveyancing is a family-run business, specialising exclusively in conveyancing; they pride themselves on delivering services to the highest of standards. Integrating Thirdfort within Redbrick’s legal case management software came from the need to improve their AML process, which was largely manual and time-consuming. Clients often misunderstood instructions or submitted unclear ID documents, leading to delays and increased admin. […]