FCT Acquires Majority Interest in Fintracker to Modernize Identity Verification in the Canadian Real Estate Industry

FCT Acquires Majority Interest in Fintracker to Modernize Identity Verification in the Canadian Real Estate Industry

OAKVILLE, Ontario -- FCT, Canada’s leading provider of title insurance and real estate technology, today announced a majority investment in Fintracker Inc., a leading identity verification provider for real estate transactions in Canada. This strategic partnership will help deliver greater efficiency, enhanced security, and consistent compliance to the Canadian real estate market.

FCT acquires majority interest in Fintracker

In a major move to tackle one of real estate’s most time-consuming challenges, FCT has acquired a majority stake in Fintracker, a digital identity verification solutions company. The Oakville-based company announced the news on Jan. 28, saying the partnership is poised to streamline compliance with KYC and anti-money laundering (AML) regulations while enhancing security and efficiency in real estate transactions. “Fintracker’s advanced identity …

Rising Real Estate Fraud Targets Landowners: Industry Experts Urge Vigilance

MANCHESTER, NH, UNITED STATES, January 27, 2025 /EINPresswire.com/ -- A surge in fraudulent real estate transactions is raising concerns among industry professionals, as scammers increasingly target vacant land sales through identity fraud. The New Hampshire Association of REALTORS® (NHAR) reports an uptick in cases where fraudsters impersonate property owners to facilitate unauthorized land sales, creating risks for buyers, sellers, and real es…