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SmartSearch offers anti-fraud platform to broker market


Technology company SmartSearch is expanding into the mortgage lending and broker market.

SmartSearch offers an anti-money laundering platform, which allows firms to search for details on both businesses and individuals.

Clients can search through details from a number of data providers – including Experian, Equifax, Dow Jones and Companies House. It also offers ongoing monitoring services.

This technology is already used by a number of accountancy and legal firms, as well as some financial services companies.

To use this platform, clients buy a block of credit or number of searches. There are no monthly retainer fees.

The searches leave a soft footprint on a client’s credit record so will not impact on their ability to get credit.

SmartSearch chief executive Martin Cheek says: “We have specialised in making it quick easy and cost effective for people across financial services to conduct the most robust range of search in the UK, not only on individuals but also on companies too.”

He says that with fraud on the rise and the fifth money laundering directive soon to be implemented demand was rising for this technology.



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