Dublin, 30th January 2023 —
Global identity verification provider ID-Pal today announced a partnership with specialist buy-to-let lender Keystone Property Finance to enhance their digital onboarding process for both mortgage brokers and borrowers.
Through the partnership, Keystone will leverage ID-Pal’s multi-layered identity verification solution to seamlessly verify identities and addresses via a secure, branded client-facing app.
The accuracy of ID-Pal’s real-time decisioning and automated workflows reduces the full client onboarding process to just seconds. Keystone customers also benefit from robust compliance and a full audit trail. This partnership makes the mortgage application process easier for both brokers and landlord clients, saving time and resources spent on administrative tasks.
Elise Coole, Managing Director at Keystone Property Finance, said:
“We are always looking for new ways to streamline our customer journey and we are confident our new partnership with ID-Pal will cut a significant amount of time off our application processing times.
“We’ve always put technology right at the heart of our business, having created our bespoke system from scratch when we launched in 2018. Our new relationship builds on that and ensures we have a cutting-edge offering that rivals anything in the specialist buy-to-let market.”
ID-Pal’s award-winning technology-first approach uses a unique blend of biometrics, documents, and database checks to seamlessly verify identities and addresses remotely on any device. The ISO 27001-certified solution enables organisations to easily meet their Anti-Money Laundering (AML) and Know Your Customer (KYC) obligations. ID-Pal will enable Keystone to enhance the onboarding process for mortgage brokers and delight borrowers with a simple, secure and convenient end-user experience.
Colum Lyons, CEO and founder of ID-Pal, said:
“Using ID-Pal, brokers and borrowers can be certain of the security of the process due to our ISO 27001 certification, while reaping the benefits of a seamless, compliant digital onboarding process.
“Our partnership with Keystone Property Finance is a natural fit, sharing, as we do, a common vision when it comes to harnessing the power of technology to improve how our customers do business. We are pleased to be supporting such a crucial part of the housing market through this challenging time, and beyond.”
About Keystone Property Finance
Keystone Property Finance Limited is an intermediary only lender providing specialist buy to let finance to portfolio and non-portfolio landlords borrowing both personally and via limited companies. It is owned by The Property Business Group Limited. For more information please visit: www.keystonepropertyfinance.co.uk
Founded in 2016, ID-Pal is an award-winning ISO 27001-certified identity verification solution that enables businesses to verify identities and addresses in real time. Offering a unique blend of industry-leading biometric, document, and database checks to streamline AML and KYC in one GDPR-compliant solution, it is available out-of-the-box, as an API/SDK and as a Salesforce AppExchange integration. ID-Pal’s technology is also certified for the UK Digital Identity & Attributes Trust Framework (UKDIATF). Headquartered in Dublin and backed by Enterprise Ireland, ID-Pal offers global identity verification coverage of more than 6000 identity documents and 200 verified address data sources to enterprise clients and SMEs across 200 countries and jurisdictions.
Ranked sixth in the 2022 Deloitte Technology Fast 50 Awards, ID-Pal is also a member of the global AIFintech100 2022 and listed in the RegTech100 2023. ID-Pal also won a Best Customer Facing Experience Award from PAY360 and the 2022 IT & Fintech Irish Times Innovation Award.
For more information visit: www.id-pal.com
Senior Account Manager