As mortgage brokers, adhering to FINTRAC's guidelines is essential for legal compliance and maintaining the integrity of your business. A key piece of these new requirements is making sure you know your client and that you are confident they are who they say they are.
Within the Identification section of both Filogix Expert and Filogix Expert Pro you now have quick access to login to VeriFast, a software solution that allows you to validate your client ID and complete screening for borrowers who may be politically exposed or appear on sanction lists.
With October 11th rapidly approaching, you should take time now to understand the Verifast solution and how it can help you meet your Fintrac needs.
Please Watch this Video to understand the ease of their ID Verification Process and then contact VeriFast directly at https://form.jotform.com/talabitar/verifast-kyc-aml to setup your account, learn all about their solutions and pricing and be prepared for your first client on Oct 11th.
You can also register for one of the VeriFast demonstration days to see a live demonstration and how to access VeriFast through Filogix Expert and Filogix Expert Pro. Pick your preferred date from the list below and register using the link under the date of your choice.
August 30th, 2024 at 2:00pm EST