IEValidate
IEValidate provides a frictionless and reliable way to validate a consumer’s income, occupation and employment. It is more comprehensive and more reliable than paystubs or costly employer-based solution checks helping you improve automation and safely waive inconvenient proof of income and employment documentation from consumers.
The solution is designed to work across any sector that requires income and employment verification, including credit cards, rental applications, consumer lending, auto lending, mortgage lending, and account origination.
Benefits
Reduce the expense of Employer/HR Based solutions by up to 90% while expanding consumer coverage
Eliminate paycheck stub requests to improve loan conversion rate by 50% or more
Expand the Income and Employment consumer hit rates by up to 90%
Improve the accuracy of income and employment assessments, up to 85% accuracy rates in highest confidence grades
Eliminate consumer friction of POIs (proof of income documentation) to significantly increase loan conversion
Comprehensive Income and Employment Information Delivered with a Powerful Confidence Grade
Income and employment validation is simple, fast, and easy to integrate into your income and employment validation waterfall. Each report contains a confidence grade and checks that provide transparency on why the income and employment information is reliable and current. Detailed trended income and detailed employer information are also included.
Hover over the + on the report image below to learn more:
POWERED BY A UNIQUE PROPRIETARY DATA REPOSITORY
Affordable Income and Employment Validation Nationwide
Gain coverage of 50% of non-credit-visible consumers in the U.S. and 35% of credit-visible consumers at a lower cost than alternative income and employment validation options.
Backed By Extensive Income and Employment Verification
Wider Coverage at a Fraction of the Typical Cost
Real incomes, employers, and occupations covering more than 260 million income reports. Point Predictive’s proprietary data gives unparalleled insights into a borrower’s current and historical income and employment. Point Predictive’s employer data also covers more than 22 million historical employers.
Unlock Faster, More Accurate Income and Employment Validation
See How IEValidate Can Increase Your Loan Conversions
We are confident that IEValidate sets a new standard for accuracy, efficiency, and customer satisfaction in income and employment validation. Our team is ready to provide more information and answer any questions you may have.
White Paper
Cracking the Code – The Evolution of Income and Employment Validation
As companies have grappled with increasingly expensive and unreliable verification methods like paystub verification, a whole ecosystem has emerged, giving alternatives to traditional verification of income and employment (VOIE) solutions.
In this white paper you will learn about the unique benefits and challenges of these alternatives, and how each can assist companies in verifying income and employment more efficiently and cost-effectively.
Assess 100% of Borrower Applications
Without Any Friction, With IEValidate and IncomePass™
Using IEValidate and IncomePass in your validation waterfall gives you the ability to assess all applications in a single API call. When no historical income is matched with IEValidate, lenders can automatically receive a predictive IncomePass report enabling 100% coverage. Speak to us to find out how.
