The franchise has announced a new partnership to prevent fraudulent transactions
Demonstrating an ongoing commitment to combatting fraud within the conveyancing industry, X-Press Legal Services has announced a new partnership with service provider LMS to deliver Confirmly, a fast, trusted and secure law-firm identity checking technology. All X-Press franchisees can now offer their conveyancing clients access to Confirmly through the company’s Intelligent Conveyancing Online System, or ICOS. The product reduces the risks associated with money transfers and allows the quick and easy gathering of information from trusted third-party sources.
Lynne Lister (pictured), managing director at X-Press, said: “Customer experience is a huge priority for us as an industry-leading franchise, and increasing the ease and efficiency with which our clients can perform identity checks is essential.
“We want the conveyancing journey to be as seamless as possible whilst increasing the security and reliability of bank account checks to stop end borrowers from falling foul of fraudsters. LMS Confirmly is pivotal for us as it provides our clients with yet another fantastic tool to ensure their transactions are safe and protected from cybercrime.”
The integration of Confirmly directly addresses growing concerns within the conveyancing community regarding rising cybercrime. X-Press selected Confirmly because it can identify fraudulent transactions before any transfer of funds.
Lynne added: “Unfortunately, the way in which cyber criminals work is becoming increasingly sophisticated. ‘Trust no one’ has to be our mantra when it comes to protecting conveyancing transactions. With Confirmly, now part of our product suite, our franchisees have another great string to their bow when talking to their clients about fraud prevention. The safety and security of client data is at the heart of what we do and by providing pioneering products such as Confirmly, we are ensuring our property services remain the safest on the market.”