Argyle
Argyle provides a platform for real-time access to income and employment data, offering solutions like Income & Employment Verification and Paycheck-Linked Lending, aimed at industries such as Mortgage and Banking.
Company Overview
Argyle offers a platform for real-time access to income and employment data. Key solutions include Income & Employment Verification, Deposit Switching, Paycheck-Linked Lending, and Earned Wage Access. Argyle's technology supports industries such as Mortgage, Personal Lending, Banking, Background Check, and the Gig Economy. The platform enables businesses to automate manual tasks, reduce verification costs, and maintain ongoing visibility into customers' financial status to mitigate risks.
Products and Solutions
Argyle provides several key solutions designed to streamline processes and enhance efficiency for businesses. These include Income & Employment Verification, which ensures accurate validation of employment details; Deposit Switching, allowing customers to switch payroll deposits instantly; Paycheck-Linked Lending, which links borrowing to paychecks; and Earned Wage Access, enabling employees to access their earned wages before payday. These products help businesses reduce operational costs and bring sophisticated products to market quickly.
Industry Applications
Argyle's platform is versatile and supports multiple industries. Key sectors benefiting from Argyle's solutions include Mortgage, where it integrates with tools like Desktop Underwriter® (DU®) and Encompass® LOS; Personal Lending, assisting with deposit verification and income validation; Banking, offering real-time financial data access; Background Check services, simplifying employment verification; and the Gig Economy, where it addresses the unique needs of gig workers and employers.
Technological Integration and Customization
Argyle employs a no-code solution that facilitates easy integration into existing systems, which is essential for businesses looking to implement new tools without extensive development efforts. The platform integrates with key tools such as Desktop Underwriter® (DU®) and Encompass® LOS, and offers customizable consumer interfaces that can be tailored to specific business needs. This allows for dynamic partnerships and seamless implementation of Argyle's solutions.
Operational Efficiency and Cost Reduction
Argyle's platform automates costly and manual verification tasks, reducing these expenses by up to 80%. This automation not only enhances operational efficiency but also allows businesses to scale and deploy sophisticated financial products more rapidly, using fewer internal resources. By providing continuous visibility into customers' financial status, businesses can better predict and mitigate potential risks.