empinfo, a leader in employment verification technology, has announced the expansion of its Verifications-as-a-Service (VaaS) platform, providing nationwide coverage for employment and income verification. Credentialed verifiers can now access the platform seamlessly online at www.empinfo.com.
Key Features of the VaaS Platform
- Direct Access to Employment Records:
- The VaaS platform allows credentialed verifiers to access employment records directly from employers.
- It is powered by a configurable engine that connects to various sources for instant, on-demand verifications.
- Extensive Record Coverage:
- empinfo has exclusive access to employment and income records from over 2,000 employers.
- As a certified reseller of The Work Number product, empinfo provides instant access to millions of employment records.
Innovations in Verification Process
- On-Demand Verification Solution:
- This innovative solution expands access to records that may not be immediately available.
- It replaces traditional manual verification processes, significantly improving efficiency.
- User Accessibility:
- Initially available via API for high-volume clients, the VaaS platform is now accessible online for credentialed verifiers involved in mortgage, auto, personal lending, and tenant screening.
CEO Insights
Jag Puttanna, CEO of empinfo, stated, “With the combination of Instant and On-Demand Verifications, we’re providing Verifiers with a one-stop-shop for accurate, frictionless, and cost-effective employment verifications with acceptable latency for delivery.”
How On-Demand Verifications Work
- empinfo’s platform utilizes a vast, organically built database of employer contacts and a machine learning-powered contact enrichment engine.
- This allows for instant digital requests to millions of employers, achieving a success rate of over 90% within hours.
- Verifiers can submit requests through empinfo’s secure portal or via batch and API, which connects to employers through secure digital channels.
Key Benefits of empinfo’s On-Demand Verifications
- Frictionless User Experience:
- No need for consumers to grant access to bank accounts or payroll systems, ensuring a secure and streamlined digital lending experience.
- Efficient and Scalable Model:
- Unlike traditional call center-based models, empinfo’s platform can send multiple verification requests simultaneously, enhancing accuracy and efficiency.
- Cost-Efficiency:
- Verifiers are charged only for completed verifications, departing from traditional models that charge based on attempt volume.
empinfo’s expanded VaaS platform revolutionizes employment verification with its innovative On-Demand solution, setting a new standard for efficiency, security, and user experience in the industry. Credentialed verifiers can now enjoy seamless access to essential employment and income data, fostering improved decision-making processes in lending and screening.
