VeriFast
VeriFast provides a comprehensive digital verification analytics platform for mortgage and consumer lending, tenant screening, and individual verification, featuring a range of services including VOI, VOA, VOE, tax, and ID-KYC verifications.
Services
VeriFast offers solutions for mortgage and consumer lending, tenant screening, and individual verification needs. The company’s services are centered around a digital verification analytics platform that securely connects consumers with lenders, property owners, and financial service providers. The platform features verification services such as Verification of Income (VOI), Verification of Assets (VOA), Verification of Employment (VOE), tax verification, and Identity-Know Your Customer (ID-KYC) verification.
Products
VeriFast provides a fully inclusive digital verification platform that integrates multiple verification services. This platform includes Verification of Income (VOI), Verification of Assets (VOA), Verification of Employment (VOE), tax verification, and ID-KYC services. The system utilizes a single-source configurable API platform, enabling instant validation of customers' financial and legal status. Additionally, VeriFast offers a low-code solution, simplifying the integration and customization process for these services.
Partnerships
VeriFast partners with FundMore to enhance digital verification for lenders. This collaboration integrates various data sources, including banking data, payroll insights, tax transcript data, and biometric identity verification. These integrations aim to provide more comprehensive and precise verification services to lenders, thereby improving the overall efficiency and accuracy in financial and legal status validation.
Data Security
VeriFast has achieved SOC 2 Type 1 compliance, which demonstrates its commitment to high levels of data security and operational compliance. SOC 2 Type 1 compliance ensures that the company adheres to stringent guidelines for handling sensitive data, offering peace of mind to its clients concerning data privacy and security.
Sector
VeriFast operates in the financial technology sector, primarily serving the mortgage and consumer lending markets. The company also caters to tenant screening and individual verification needs, providing advanced data categorization to offer enriched, actionable insights from financial data. VeriFast supports connections with over 10,000 financial institutions in the US, Canada, and abroad, ensuring extensive coverage and reliability.