What it does
Verification of Assets (VOA) allows lenders to access real-time financial account data directly from the source to verify a borrower's liquidity and assets.
Capability coverage
No capabilities listed yet. Capability claims appear here once this vendor publishes them.
More from Truv
- Truv DashboardPrimary
A centralized management interface for businesses to create, track, and manage verification orders and configurations.
Workflow & AutomationTool - Direct Deposit Switch
Allows consumers to switch their payroll direct deposits to new bank accounts instantly via a permissioned workflow.
Fraud PreventionTool - Document Upload
A fallback solution that allows users to upload verification documents when automated payroll or bank login is unavailable.
Individual IdentityTool - Insurance Verification
Provides real-time verification of consumer insurance policies and coverage details.
Individual IdentityTool - Paycheck Pay
Enables paycheck-linked lending by allowing borrowers to repay loans directly from their income stream.
CollectionsTool - Scoring Attributes
Delivers enhanced data points and attributes to help financial institutions build accurate credit risk models.
Risk ManagementTool1 of 2 capability facts - Smart Routing
Intelligent decision engine that optimizes conversion by routing users to either payroll or financial account verification based on historical success rates.
Fraud PreventionTool - Verification of Income and Employment
Automates the process of verifying a borrower's employment status and income history using direct payroll connections.
Individual IdentityTool1 of 4 capability facts
