One Mortgage System (OMS) has partnered with secure mobile messaging platform, Nivo, to offer facial recognition ID verification.

The system helps to navigate the previous requirement for certified ID, usually provided by a solicitor.

OMS said that ID will be verified by using machine learning and facial recognition to check the applicant is the genuine owner of an authentic passport, driving license or national ID card.

The end-to-end CRM system has already integrated with four market-leading platforms – Iress, Twenty7Tec, iPipeline and Knowledge Bank – to provide users with product sourcing, protection sourcing and criteria searching.

“We are always looking for ways to streamline the application to completion process for our users and working with like-minded service providers who can add real value to any intermediary proposition,” OMS managing director, Neal Jannels, commented.

“Despite information security, data privacy and compliance cited as top priorities, a lot of intermediary firms tend to struggle with digital transformation projects. Nivo is quick to deploy, simple to integrate and the benefits are quickly evident.

“It’s an exciting product which will speed up and simplify an antiquated ID verification process across a mortgage market which is swiftly catching up to other areas of financial services from a tech perspective.”

Nivo chief development officer, Matthew Elliott, added: “Lenders and brokers love Nivo because it makes it easy for them to offer the kind of modern mobile experience that customers expect. We’re proud of having over 2,000 five-star app reviews, alongside the speed and efficiency results, which prove that customers want to engage in this way.”

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