FCC Paragon launches proof of residency with CallML
1st February 2008
Tenant vetting agency FCC Paragon has chosen to use Callcredit's CallML as a way of providing electronic proof-of-residency checks. Letting agents and private landlords working with FCC Paragon can now use this facility to prove the identity and residency of potential tenants through a simple-to-use, web-based search system.
Businesses using the award winning CallML product, can access proof of name-at-address data held on an individual's credit file. Callcredit's powerful data search tool is quicker, more efficient and more reliable than paper based proofs. CallML also incorporates vigorous fraud checks, such as forwarding address links and deceased indicators, which will further strengthen FCC Paragon's fraud measures.
In addition to this, CallML is designed to address all issues set out in the Joint Money Laundering Steering Group guidelines. Whilst FCC Paragon falls outside the regulated sector, the JMLSG encourages firms to have regard to the guidance as industry good practice. The guidance is HM Treasury approved and so provides FCC's agents and landlords with extra reassurance when proving an applicant lives at the stated address.
Bryn Cole Managing Director MICM from FCC Paragon says,
"Becoming the first tenant vetting agency to use Callcredit's CallML for proof of residency checks is really exciting for us. CallML offers a fantastic service which allows us to prove identity and residency of prospective tenants. The improved security is especially important for us as it helps us to identify possible fraudulent applicants."
Graham Lund, Deputy Managing Director at Callcredit said, "Securing a relationship between
CallML and FCC Paragon is a significant result for us. CallML came
out top in testing with similar products on the market so we are
confident that our client will find it easier to use and understand
than other electronic alternatives."
Notes to Editors
CallML is already used by thousands of businesses across the UK, including more than 800 FSA regulated businesses. It was recently named 'Online Product of the Year' at the 2007 Legal Technology Awards. For more information or interviews, please contact Julia Burchell on 0207 067 0017 or firstname.lastname@example.org
For further information on the Paragon offering please visit their website www.fccparagon.com.
• Callcredit (www.callcredit.co.uk) is the UK's most innovative, state-of-the art credit reference agency, with an extensive range of information and value added services for businesses and individuals.
• MyCallcredit is the consumer arm of credit reference agency Callcredit and provides consumers with online access to the details of their credit file at http://www.mycallcredit.com/
• Callcredit has harnessed state-of-the-art information technology with an unrivalled knowledge of the industry's needs to develop a range of innovative information solutions. Solutions that are enabling major lenders and a host of other blue chip companies to address regulatory requirements, make better credit decisions, target new customers more effectively and manage existing customers more profitably.
• Callcredit forms part of the Skipton Information Group, and is one of five core businesses along with database management company EuroDirect, market analysis firm GMAP Consulting, online payment service provider, Legatio and DecisionMetrics, specialists in the development and implementation of scorecards and affordability assessment.