London based life admin streamlines moving process

London based life admin hub Monadd is integrating Post Office EasyID and Yoti to enable identity verification and quick contract and address changing with service providers when moving home.

The goal of the adoption of these two technologies is to reduce admin time, costs, and improve the security and validity of transactions for individuals and service providers.

Monadd saves the average person £80 and 40 hours with changes to utility bills, council tax and more.

With over 2.3 million consumer downloads in the UK, EasyID and Yoti are free digital identity apps designed to make it simpler and safer for people to prove who they are. Individuals add their ID document and facial biometrics in a few minutes and have a verified, reusable digital ID that protects their details.

Jessica Mendoza, CEO and founder of Monadd said: “Global house prices have risen at the fastest pace since 2005 according to recent reports and the moving market is on fire thanks to low interest rates and a shortage of properties.

“The administration effort involved in moving house, however, still remains intensive. As such, we’ve seen an unprecedented demand for our online address management services. Introducing an additional layer of security to verify customers identity will build trust amongst service partners and tighten security.”

Robin Tombs, CEO of Yoti, commented: “We made Yoti and EasyID to help people tackle life admin and remove the unnecessary paper and fraud risks from everyday processes. According to Ofcom, 37 percent of consumers reported misdelivered mail last year, potentially leading to all sorts of security issues.

“Not only that, on average it takes 4.8 weeks to cancel a service provider, it’s clear to see why there’s a growing demand for services like Monadd’s.

“Moving house is stressful at the best of times, so we’re delighted to show how our identity services can help more people to make important changes with their sensitive personal data, easily and securely. Knowing customers are genuine will help to reduce risk, cost and further admin for business and other stakeholders in the moving journey.”