Acre has partnered with Equifax to integrate its Consumer Credit Report and Score, and Identity Verification capabilities into its intermediaries platform.

The partnership will enable advisers to undertake electronic identity and verification (eIDV) checks as part of the mortgage application process.

Equifax’s Identity Verification cross-references the client’s personal information against information held in its databases.

Using technology, the service will help brokers meet requirements for anti-money laundering (AML) and combating the financing of terrorism (CFT) legislation.

Meanwhile, Equifax’s Credit Report and Score solution will enable brokers to gain a better understanding of the consumer’s creditworthiness at the point of fact find.

Acre chief executive and founder Justus Brown says: “With Equifax, we have seamlessly integrated electronic identity and verification into the platform using the very best in the market.”

“We are automating anti-money laundering and know your customer compliance as well as pulling vital credit information,” Brown comments.

Equifax’s UK sales director Mark Bratley adds: “Acre will now be able to deliver dynamic lending to borrowers using Equifax’s seamless electronic identity and verification platform integration. This will give Acre better visibility of each applicant’s position before they go through the decision-in-principle and mortgage application process.”