The app allows conveyancers’ house-moving clients to send ID, bank details and information required for anti-money laundering checks - all electronically, thus reaching their legal advisers more rapidly and securely.
Asked by The Times to nominate the best start-up technology of 2019, Chesterman refers to Thirdfort as an “example of a business solving a real problem.”
Chesterman tells the paper:
“The process of buying or selling a home hasn’t changed for decades and carries increases risks for lawyers around compliance and for consumers around fraud. Third fort tackles this with a mobile app, empowering lawyers to carry out checks with no need for physical documents.”
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