DataVerify, a leading provider of data verification, risk management, and workflow automation services, has announced a new collaboration with Tavant, a premier digital products and services company. This partnership will integrate DataVerify’s DRIVE platform and product offerings into numerous new loan origination systems via Tavant’s FinConnect platform.
- Purpose and Benefits of the Integration
- Enhanced Accessibility: The integration will enable DataVerify customers to access DataVerify’s offerings, including the DRIVE platform, IRS 4506-C tax transcript verifications, and SSA-89 SSN verifications, through loan origination systems not directly integrated with DataVerify.
- Fraud Prevention and Verification: The integration focuses on improving data verification and fraud prevention in the loan origination process, enhancing overall efficiency and accuracy.
- Key Features of FinConnect
- Seamless Integration: FinConnect serves as an integration platform that supports a comprehensive digital mortgage experience, connecting both internal and external systems within the mortgage lending ecosystem.
- Efficiency in Mortgage Lending: By connecting disparate systems, FinConnect aims to streamline the mortgage lending process, reducing manual effort and potential errors.
- Statements from Leadership
- Paul Harris, President of DataVerify, commented, “Technology is evolving in ways that can make it easier and more seamless for our customers to do their jobs, and as a company, we are committed to remaining on the cutting edge. Tavant’s FinConnect platform is exactly that: It will allow our lenders to connect across systems to help prevent fraud and make the loan manufacturing process easier.”
- Hassan Rashid, Chief Revenue Officer at Tavant, added, “Our collaboration with DataVerify will bring even more robust technology offerings to customers, creating a more efficient mortgage lending process.”
The integration of DataVerify’s services with Tavant’s FinConnect platform marks a significant advancement in the mortgage lending industry, offering lenders improved access to crucial verification and fraud prevention tools and enhancing the overall efficiency of the loan origination process.
