FCT, the leading national service provider in real estate technology and title insurance, today announced the introduction of Client ID Verification, its identity verification tool for legal professionals.
Client ID Verification leverages the eID-Me™ application developed by Bluink, which was built to meet the stringent Canadian identity verification standards. It utilizes biometric face-match technology and assesses government-issued identification documents while checking against a variety of datapoints, including credit bureau and mobile device account verification, driving compliance with the Financial Transactions and Reports Analysis Centre of Canada’s requirements on every transaction.
“This relationship with Bluink reflects our commitment to provide our customers with best-in-class technologies paired with our in-house expertise,” said Daniela DeTommaso, president of FCT. “Bluink’s products prioritize privacy, security and compliance, all of which align with FCT’s vision and values. We are excited to provide our customers with Client ID Verification to help them securely verify their client’s identities and help detect and prevent fraud.
“As fraud in Canada continues to evolve and become more sophisticated, identity verification plays an increasingly important role in prevention,” said DeTommaso. “Client ID Verification complements our team’s extensive experience in identity verification and fraud detection and its in-depth understanding of the real estate landscape.”
Client ID Verification not only helps prevent fraud, but streamlines processes for legal professionals, saving time while delivering quick and secure identity verification.
Access to the application will be available through FCT’s online portal.
For more information on the benefits of this new solution, please visit: fct.ca/client-id-verification
About FCT
Based in Oakville, Ontario, FCT has over 1,000 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.
The Great Place to Work® Institute has named FCT one of Canada’s Best Workplaces for nine consecutive years (2015-2023) and certified FCT as a Great Place to Work. In 2023, FCT’s parent company, First American Financial Corporation, was named one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune magazine, each for the eighth consecutive year respectively.
For more information on FCT, please visit the company website at www.fct.ca.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231116055040/en/