Informative Research and Finicity, a provider of real-time financial data access and insights, announced today their partnership, which gives Informative Research clients access to Finicity’s full set of verification solutions – Verification of Assets, Income, and Employment (VOA/VOI/VOE).
With this partnership, Informative Research is leading the market by offering all three of Finicity’s digital verification products to their client base.
“We’re thrilled we can offer Finicity’s verification solutions. By adding VOA, VOE, and VOI, our users now have every solution they would need for each step in the loan cycle – from customer acquisition to origination to portfolio to servicing,” explained Scott Horn, Chief Operating Officer of Informative Research. “Taking a market leadership role on all three of Finicity’s verification products is something that we’ve been striving for so that our clients get that fully streamlined experience and the productivity boost they need for a competitive edge.”
With Finicity’s VOA, borrowers easily and securely permit access to their financial accounts, enabling a real-time view into their assets based on data validated directly from their bank, including complete transaction history for up to six months. For Verification of Income and Employment, lenders can potentially verify employer and direct-deposit income instantly, utilizing up to 24 months of transaction data across multiple accounts. As a whole, the VOA/I/E products from Finicity help lenders more fully enable a digital mortgage experience.
“We are excited to work with an innovative partner like Informative Research, who is racing to a better and more simple mortgage lending experience,” said Andy Sheehan, President and COO of Finicity. “Empowering consumers to access and use their financial data in ways that improve and impact their lives, such as buying a home, is a mission we share and look forward to progressing digital verifications within the industry.”
About Finicity: Finicity’s mission is to help individuals, families and organizations make smarter financial decisions through safe and secure access to fast, high-quality data. The company, which launched its first financial product in 2000 and has since grown to provide financial data APIs, credit decisioning tools and financial wellness solutions, partners with influential financial institutions and disruptive FinTech providers alike to give consumers a leg up in a complicated financial world. Finicity was awarded API World’s 2016 Finance API of the Year and is a 2018, 2019 HousingWire Tech100 winner. To learn more or test drive its API, visit www.finicity.co