MQube adds complaince check feature to mortgage marketing product
MQube, a mortgage technology company and parent of MPowered Mortgages, the UK’s fastest mortgage lender, has today announced that it has enhanced “Marketing Genius”, a tool which generates marketing content for brokers.
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The tool’s latest updates include a new feature which helps to assist brokers with their compliance checks.
Marketing Genius, launched earlier this year, is a tool available free of charge to brokers. It uses artificial intelligence (AI) and specifically large language models (LLMs) to create marketing content, like social media posts, emails, blogs and vlogs in seconds, aimed at helping brokers attract more customers as well as engage existing customers. MQube regularly conducts usability testing with a cohort of brokers to ensure the tool continues to meet broker requirements. The new feature has been added as a result of this feedback.
As of today, the tool will feed regulatory considerations in accordance with the MCOB into the content creation process. Rather than changing the content directly, it questions any wording which may not align with FCA guidance and prompts the user to consider changing it so that the material is clear and focused on better consumer outcomes. Marketing Genius does not create compliant content itself, but supports the broker to make their content compliant.
Marketing Genius has already been widely adopted by brokers and positively received. As many as 350 brokers are using the service currently, having already created over 1500 pieces of marketing content from social media posts to emails and blogs.
Stuart Cheetham, CEO of MQube and MPowered Mortgages, comments:
“We are always listening to brokers and taking on board feedback as we develop and enhance our mortgage technology. The reception to Marketing Genius has been overwhelmingly positive. We wanted to take the opportunity to create a tool that helps with both content quality and compliance. This update directly addresses the feedback from brokers, and is a great example of how AI can work alongside humans to achieve the best results possible.”