Sikoia has announced a new partnership with specialist loan brokerage Y3S, aimed at enhancing the efficiency of customer verification processes for both brokers and borrowers.
By integrating Sikoia’s technology into their business, Y3S will streamline essential tasks, including biometric identity verification (IDV), Anti-Money Laundering (AML) checks, as well as automate the processing of key mortgage application documents.
Brokers can now extract verified information—such as affordability, income, and risk indicators from bank statements, payslips, and tax returns—in minutes.
Barney Drake, CEO of Y3S, said: “At Y3S, safeguarding our brokers and their clients is a top priority. Our partnership with Sikoia demonstrates our dedication to staying ahead of the curve in fraud prevention and compliance, giving brokers greater confidence in the solutions we offer.
“This partnership aligns with Y3S’s mission to provide exceptional service while upholding trust and transparency in the specialist finance industry.”
Alexis Rog (pictured), founder and CEO of Sikoia, added: “We are excited to partner with Y3S to bring our automation technology to their business platform. Verifying a customer’s identity, income, and documents has traditionally been a manual process, which can be time-consuming and prone to errors.
“Our technology not only speeds up this process but also ensures greater accuracy and reliability. With this integration, Y3S will be able to offer an even more efficient and seamless experience to their brokers and clients.”