Treefort Technologies partnership with the Canada Mortgage Brokers Association of British Columbia!
Get prepared for your new FINTRAC reporting requirements, starting October 11th!
Treefort Technologies is pleased to announce that our Identity Verification is now available through the Canadian Mortgage Brokers Association of British Columbia’s members login! Treefort offers the members a seamless digital process for identifying their clients, while preventing fraud. Identity Verification by Treefort exceeds FINTRAC KYC requirements and model Law Society Rules across Canada.
Why Treefort?
In today’s world of advanced technology, criminals can create a fake identity that is virtually impossible to determine if it is real or not. Criminals are so confident in their fake ID that they are meeting in person as well as online to commit identity fraud. Treefort offers the most advanced digital identity verification technology in Canada. Treefort not only analyzes the validity of government issued ID, but it goes beyond ID, using multi-factor authentication to verify identity by checking over 1750 unique sources of information that exceeds Know Your Client ID rules and mitigates identity fraud.
What is Identity Verification by Treefort?
Identity Verification by Treefort is a service available for all CMBABC members to facilitate completing Know Your Client (KYC) identity verification when meeting with a client in person or online. Treefort’s multi-factor digital identity authentication verification technology was designed specifically for the real estate sector to verify the identity of clients that meets and exceeds both FINTRAC and Law Society anti money laundering requirements and mitigates identity fraud. Treefort is one of the few identity verification technologies that is recognized by Law Societies across Canada, listed on the Directory of Identity Management and Proofing Products managed by the Digital Identity Authentication Council of Canada (DIACC) and is accepted by all four major Canadian Title Insurance companies.
Treefort IDV Features:
- No Treefort account setup or product training is required.
- Compliance with FINTRAC Anti-Money-Laundering Rules.
- Fraud Detection on every IDV.
- Only takes 5 minutes for your clients to complete the IDV process.
- Easy to read IDV reports.
- Secure, web-based application with no requirement to download an App.
- Bilingual Customer Support across Canada to support you and your clients.
- Verifies identity, not simply identification.
- Most integrations for multi-factor authentication from trusted reliable sources to confirm identity with over 1750+ data points.
- Compliance with Law Society Client ID Rules in every province in Canada.
- Only IDV company that offers access to anti-money laundering fraud risk reports.
- Optional enhanced banking verification for further fraud mitigation.
- Trusted and used by over 1500 Canadian law firms.
- Only IDV company that offers an IDV report accepted by all major Canadian Title Insurance companies.
Who is Treefort?
Treefort Technologies is a Canadian tech company that built the first IDV product and incorporated Treefort Technologies in 2020. In 2021 Stewart Title Canada purchased a 51% interest in Treefort Technologies helping the company to rapidly grow. Today, Treefort has expanded across Canada and has an amazing team of dedicated employees all focused on building tools that make sensitive online transactions simple and secure for everyone.
