New tech platform tackling ID fraud in real estate
Summary by REM | Real Estate Magazine
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New tech platform tackling ID fraud in real estate
Title insurance firm FCT and Interac have teamed up to create a digital identification verification service for real estate professionals, which the two companies say will help reduce ID fraud. The Interac Verified credential service eliminates the need for real estate agents, lenders or lawyers to obtain and keep copies of sellers’ or buyers’ IDs, says Michael LeBlanc, CEO of FCT. Interac Verified “fits nicely in line with what we’re trying t…
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