SmartSearch, the digital compliance and anti-money-laundering provider, is increasing the reach of its technology within Twenty7tec’s system through the introduction of SmartDoc, its document and facial recognition tool powered by Daon.

The development brings a wider set of compliance capabilities onto a single platform used by advisers, lenders and providers across mortgages, protection and wealth.

The lender-facing technology uses AI-driven checks and facial recognition to authenticate a client’s identity using both official documentation and a selfie, supporting more than 200 types of ID issued across over 200 countries.

It is designed to detect potential fraud in real time, giving firms an additional safeguard against evolving financial-crime risks.

ENHANCED VERIFICATION

SmartSearch said the enhanced integration will allow users to complete electronic identity and AML checks instantly. The firm reports pass rates of up to 97%, with checks completing within seconds, enabling advisers to onboard clients quickly while meeting regulatory obligations.

Kerry Cleary, partnership director at SmartSearch, said: “Our relationship with Twenty7tec is about making compliance simpler, smarter and more efficient for financial advisers and lenders.”

“Bringing SmartDoc into this collaboration means firms can focus on their clients, knowing the checks behind the scenes are quick, accurate and fully compliant.”

GROWING COMPLIANCE DEMANDS

Nathan Reilly, commercial director at Twenty7tec, said: “Building on our existing AML integration with SmartSearch to also leverage the SmartDoc capability, which will offer advice firms an extra level of KYC/AML surety through an efficient and tech enabled end user journey, was a no brainer.

“As compliance threats become more sophisticated, it was important to deliver this functionality with a partner that is trusted, and prides itself on its data and accuracy, which is why we selected SmartSearch.”