We’re excited to share a new, highly-requested enhancement in Finmo that makes running PSA (PEP Screening) checks much more seamless for you and your borrowers.

 

What’s changed:

Previously, borrowers needed to leave Finmo and go into Persona to enter their details for the screening, which created unnecessary friction. Now with the improved flow, you can initiate and complete the Persona PSA screening directly within Finmo. This means no more action needed from your borrower.

 

How it works:

  • Borrowers provide consent for the PSA screening as an appendix to the general client consent.
  • Once consent is received, you can go straight to the Fraud and Risk Assessment section to run the PSA screening with a single click.
  • If consent hasn’t been given yet, you can either:
    - Enter borrower consent manually to trigger the request, or
    - Send a consent email request directly from Finmo for the borrower to complete.
 
Borrowers
Finmo
Brokers