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What does it do?
This service
can verify income and employment information about an individual against government
databases.
The service significantly decreases the usual lengthy and time-consuming manual
processes required for income and
employment verification. This service provides a verifier with
accurate information, whether it is for credit decision making,
employee hiring, financial
management, property management, and more.
Benefit | Current Market | Our Solutions |
---|---|---|
Transaction Success Rate | 10% | 97% |
Data Collection Time | 2 to 4 days | Less than 1 minute |
Verification Accuracy | 12% | 98% |
Legitimacy of Data | Unknown | Official |
Impact on Users | User currently needs to collect pay slips | Simple login |
What problem does it solve?
Reduce submission of fraudulent documents.
Fast track your employment process.
Provide faster lending decisions.
Reduce cost in verifying and collecting data.
There are many industries that can
benefit from
our Income and Employment Verification Services,
including but not limited to the
following
Banking, Finance
and
Lending
Consulting Services / HR
Real Estate
Health / Aged Care
Professional Services
Retail / Ecommerce
Academia / Education
Government and More
Benefits of the Income and Employment Verification Service to businesses
Some crucial benefits of our Income & Employment verification include the following:
Risk Management & Reduction in the long-term costs
Reduce your lending risk and fast
track your decisions. Reduce hiring risk of an
unsuitable employee. Reduce long-term costs with
our automated data collection process.
Secure & Certified
The service meets all the relevant
compliance and regulatory requirements, and
verification of an individual’s information which
takes place in a secure environment.
DoxAI is SOC2 Type 2 certified.
Easy and fast Integration
This service integrates with
established workflows using API (application
programming interface), UI, or IFRAME in an easy
and efficient manner.
Available in:
Iframe
Simply integrate our platforms and services in your products by copying and pasting our iframe solutions.
API
Our API is the quickest way to connect with our services to get the most out of your business needs and maximise your business results.
Custom Integration
Our platform and services are customisable to your business needs, thanks to our modularised architecture.
To know more about this product,
please
visit the Help page