LEXTECH in news

LEXTECH is a state-of-the-art, cloud-based mortgage settlement platform created in collaboration with Purcell Partners with best-in-class technologies, to make your experience faster and simpler.

AI State of Mind

By

Shanice Atkins

Whilst “Artificial Intelligence” (‘AI’) does not have a globally uniform definition, it can loosely be defined as, applications or systems that use techniques to perform specific tasks and “automate” these tasks. At the very basic definition, it’s math not magic.

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AML/CTF Changes: KYO – Know your Obligations!

By

Shanice Atkins

On the 11 September 2024, the Anti-Money Laundering and Counter-Terrorism Financing (“AML/CTF”) Amendment Bill was introduced into Parliament, with the aim of extending the AML/CTF regime to certain higher risk services that are provided

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VOI: A Changing Landscape

By

Shanice Atkins

In a digital age, set against the rising property market in Australia and the staggering increase in identity crime, the regulation of property transactions to protect against fraud, and the implementation of sound procedures is paramount.

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E-Conveyancing in Australia

By

Shanice Atkins

Electronic conveyancing (e-conveyancing) is the process of using an electronic platform to conduct property settlements and provides a streamlined, secure and efficient solution to undertaking conveyancing transactions. This includes replacing the traditional paper-based means of conveyancing involving the physical exchange of land registry instruments and bank cheques. The conveyancing process in most states across Australia now involves the electronic creation and verification of land registry instruments and disbursement of funds to necessary parties.

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