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Mortgage Magic™ Launches Integrated Remote KYC to Verify Clients Without the Paperwork
Mortgage Magic™, the cloud-native platform transforming the UK mortgage market, has announced the full integration of Electronic ID Verification (e-ID) into its broker workflow. This upgrade allows advisers to complete Remote KYC (Know Your Customer) checks in minutes via Mortgage Magic – Client app, replacing slow manual document collection with bank-grade security.
With mortgage fraud on the rise and Anti-Money Laundering (AML) regulations becoming stricter, brokers are under immense pressure to verify clients accurately. The traditional method, asking clients to bring passports to an office or email scanned copies is inefficient, creates friction, and is increasingly vulnerable to forgery.
Mortgage Magic™ solves this by embedding e-ID directly into the client onboarding journey. Clients can verify their identity remotely via a secure link on their smartphone, while the system runs instant background checks against global watchlists.
“Identity verification should be the most secure part of the mortgage process, but it shouldn’t be the hardest,” said Tanjir Sugar, CEO at Mortgage Magic™.
“We have moved past the days of ‘certified true copies’ and waiting for a post. By integrating facial verification checks directly into the platform, we are giving brokers the tools to spot fraud instantly while offering genuine clients a frictionless, digital onboarding experience that takes seconds, not days.”
Feature Highlights:
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Facial Matching: Uses advanced facial verification technology to match the client’s live selfie against their government-issued ID, preventing impersonation fraud.
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Instant AML Screening: Automatically checks clients against global Politically Exposed Persons (PEP) and Sanctions lists, logging the results directly to the compliance file.
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Frictionless Onboarding: Clients complete the check via their smartphone, eliminating the need to visit a branch or post sensitive documents.
The integrated e-ID module is available immediately to all Mortgage Magic™ subscribers.
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