Income
Verification

Verify your applicant’s income and build a comprehensive view of the stability of these payments in
real- time

Using six unique algorithms and real-time data supplied through Open Banking, DirectID’s Income Verification service allows you to verify the income of your applicant, whether they work one job or four, get paid monthly, or are on a zero hours contract.

How it works           

  1. An applicant goes through the consent process, agreeing to the terms on the DirectID widget
  2. The applicant selects their bank and then logs into their internet banking, authorising their bank to share their data
  3. The applicant’s data is passed through our Classification & Categorisation engine, to give immediate insights
  4. Our report can be accessed via a visual report or widget, and via a Calculated Income and Confidence Score, the income of an applicant can be viewed
  5. A decision on the applicant can be made with the income assessment completed

Operational Benefits

Key Features

Download Our
Income Verification Product Sheet


Our modern Income Verification solution has a range of features and integration options. Get all of the technical details and commercial applications of DirectID Income Verification in our detailed 7 page document, ready to print or share with your team.

Download our presentation (PDF)

Partnering with DirectID

A leading mobility and accident services provider operates with one goal: to get their customers back on the road as quickly and safely as possible.

When a customer struggles to prove that they do not have the funds to pay for a replacement vehicle, they are prompted to connect their account through DirectID. By accessing DirectID Insights, the company can then view the relevant information that portrays a customer's affordability, utilising the advanced visual dashboard to display E.O.D balance, income vs. outgoings, and the stability of their salary payments.

Associated Products:

- DirectID Insights
- DirectID Income Verification

Zero-Integration
Income Verification



Our Income Verification solution is changing how businesses verify their customers, so we've made a zero-integration version that means any business can implement it.
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