CMS provider integrates LMS’ Confirmly technology

Published on

LMS has announced its partnership with Redbrick Solutions, a case management software (CMS) provider, to deliver Confirmly, an identity checking technology to all its clients.

Confirmly allows the provision of real time monitoring to law firms by using LMS Panel Link and specialist data to verify bank account details. It reduces the risks associated with money transfers and allows the gathering of information from trusted third party sources.

Since launching in February, LMS says Confirmly has seen a “high degree” of uptake and the incorporation of the technology into Redbrick Solutions’ case management software will ensure it is rolled out across all of its partner law firms.

Travis Scholes, commercial director at LMS, said: “LMS is dedicated to making the mortgage market both more secure and reliable, so we launched Confirmly to help reduce the likelihood of scams and fraud. Based on April 2022 stats, 223 law firms updated their details with LMS, proving how valuable the tech is.

“It’s also been successful in identifying a 4.4% ’No Match’ result and a 3.8% rate of ‘Matches with Cautions’, helping firms ensure their customers aren’t losing out on what could well be their life savings.

“Partnering with Redbrick Solutions on this will allow us to help even more firms deliver this level of protection and peace of mind, not only for themselves but also for the end customer.”

Martin MacDuff, managing director at Redbrick Solutions, added: “We are happy to announce that Confirmly by LMS will be available to all Redbrick Solutions customers over the coming months. Our aim is to help increase ease and efficiency for law firms and we see confirmly playing a huge part in that process whilst reducing risk and preventing fraud.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Right Mortgage launches ‘Opportunity Insights’ podcast series

The Right Mortgage & Protection Network has unveiled a new podcast series aimed at...

Fleet Mortgages adds new products alongside rate and fee cuts

Fleet Mortgages has announced a raft of changes to its fixed-rate buy-to-let range, including...

Foundation Home Loans adds larger loans and 80% LTV options to Specials range

Foundation Home Loans has overhauled its buy-to-let Specials range, raising loan limits, introducing new...

RAW Capital Partners refinances London property to help borrower exit receivership

RAW Capital Partners has completed a buy-to-let mortgage for an international client to enable...

The Dudley unveils refreshed mortgage range from 5.70%

Dudley Building Society has launched a new set of mortgage products across residential, expat,...

Latest publication

Latest opinions

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Other news

The Right Mortgage launches ‘Opportunity Insights’ podcast series

The Right Mortgage & Protection Network has unveiled a new podcast series aimed at...

Fleet Mortgages adds new products alongside rate and fee cuts

Fleet Mortgages has announced a raft of changes to its fixed-rate buy-to-let range, including...

Foundation Home Loans adds larger loans and 80% LTV options to Specials range

Foundation Home Loans has overhauled its buy-to-let Specials range, raising loan limits, introducing new...