Tag Archives: income verification service

Argyle expands income verification with AIM Check integrated Doc VOI

Automated, document-based income analysis streamlines verification waterfalls-cutting costs and helping lenders determine eligibility for Freddie Mac representation and warranty relief related to income calculation

NEW YORK CITY, N.Y., Oct. 14, 2025 (SEND2PRESS NEWSWIRE) — Argyle, the leading provider of direct-source income, employment and asset verifications, today announced the launch of Doc VOI, a new paystub and W-2 based income verification report integrated with Freddie Mac’s AIM Check API. Lenders are cutting costs and gaining fast, automated income verifications from uploaded paystubs and W-2s when direct payroll or banking connections are not available. The launch also helps mortgage lenders unlock rep and warrant (R&W) relief from Freddie Mac on income calculations derived from documents.

Image caption: Argyle.

Argyle can retrieve paystubs and W-2s directly from the eFolder within ICE Mortgage Technology’s Encompass® loan origination system and through the Argyle API for lenders with proprietary systems. Doc VOI then uses optical character recognition (OCR) technology to extract key income data and submits that data to Freddie Mac’s Loan Product Advisor® (LPA®) AIM Check for assessment. Within minutes, Argyle returns the automated income assessment results in a clear, structured report delivered directly into the LOS. Doc VOI provides visibility into an applicant’s AIM-eligible income earlier in the loan origination process without waiting for a full LPA submission or resorting to traditional manual reviews.

Key benefits of Argyle’s Doc VOI include:

Reduced cost by minimizing reliance on legacy providers: Lenders can shift away from expensive, static database solutions and instead access more timely, dynamic income data.
R&W relief eligibility on more loans: By enabling document-based verifications that would otherwise be handled manually, Doc VOI increases the share of loans assessed by LPA for eligibility of R&W relief.
Faster loan decisions through higher-quality data: Early income assessments accelerate underwriting by equipping lenders with verified income data sooner in the process while supporting cleaner automated underwriting system (AUS) submissions.
Improved operational efficiency: Automating document-based income analysis reduces manual reviews, freeing up teams to focus on higher-value activities.

“Working with Argyle has helped us streamline verifications for both our team and our borrowers. Including Doc VOI in our verification process gives us confidence that we can quickly qualify borrowers using documents when needed. This flexibility ensures a smooth borrower experience and supports timely processing,” said Cindy Keith, chief strategy officer at NFM Lending.

“Argyle’s Doc VOI integrated with Freddie Mac’s AIM Check enables mortgage lenders to maximize their verification waterfall,” said Brian Geary, COO of Argyle. “By combining payroll, banking and docs, Argyle enables customers to run their entire waterfall through one provider, driving more qualifications, less manual work, and higher conversion.”

Doc VOI complements Argyle’s direct-source payroll and banking verification solutions (VOIE, VOE, VOA), which are also integrated with Freddie Mac’s Loan Product Advisor AIM as well as with Fannie Mae’s Desktop Underwriter® validation service, a component of Day 1 Certainty®. Together, these capabilities provide comprehensive coverage across applicant profiles, giving providers more tools to meet GSE eligibility requirements and improve the applicant experience.

To learn more about Argyle’s verification platform, including Doc VOI, VOIE, and VOA, visit https://argyle.com or contact sales@argyle.com.

ICE APIs enable the integration of key third-party products and services with ICE mortgage technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

About Argyle:

Argyle is the leading provider of direct-source, consumer-permissioned income, employment and asset verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers’ payroll and bank accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs and build better product experiences. As an authorized report supplier for Fannie Mae’s Desktop Underwriter® validation service and an approved service provider supporting Freddie Mac’s Loan Product Advisor® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers’ ability to pay and improve loan quality—all at up to 80% less cost. Named one of America’s Best Startup Employers of 2025 by Forbes, Argyle serves the mortgage, personal lending, tenant screening, government benefits and background check industries as well as the gig economy.

Providers can explore Argyle’s verification platform, including Doc VOI, VOIE and VOA, at argyle.com to schedule a demo.

Tags: @withArgyle #fintech #digitalmortgage

NEWS SOURCE: Argyle

This press release was issued on behalf of the news source (Argyle), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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LenderLogix Integrates Income, Employment Verification Services from Truv into LiteSpeed Mortgage Point-of-Sale

BUFFALO, N.Y. /ScoopCloud/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced its integration with automated employment and income technology provider Truv. Through the integration, lenders can now access Truv's consumer-permissioned data platform through LenderLogix's point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants.

"With the integration of Truv's verification capabilities and LiteSpeed, lenders can now enjoy a streamlined workflow that reduces administrative tasks and frees up resources for improved customer service," said LenderLogix Co-Founder and CEO Patrick O'Brien. "This powerful combination eliminates the need for third-party verification services, leading to significant cost savings and lower overall loan processing expenses. Additionally, the automation speeds up loan approvals, allowing lenders to close loans faster and optimize their operational throughput.

Truv's technology covers 96% of the U.S. workforce and is proven to save lenders 60-80% compared to legacy verification providers. With immediate access to accurate income and employment data from Truv inside LiteSpeed, lenders can eliminate delays caused by manual document collection and improve review speed by obtaining more complete loan files from the point of application. Borrowers benefit from a simplified and quicker application process, reducing the number of touchpoints and providing a more user-friendly experience.

"Our integration with LenderLogix marks a significant advancement in our mission to revolutionize the mortgage origination process," said Kirill Klokov, CEO of Truv. "By combining our strengths, we are providing mortgage lenders with the tools they need to deliver exceptional service to their clients while improving operational efficiency."

About Truv

Truv is a leading provider of innovative solutions for income and employment verification. Committed to transforming the mortgage industry, Truv offers real-time, direct-source verification technology that enhances accuracy, efficiency, and borrower experience. For more information, visit Truv's Website.

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced its integration with automated employment and income technology provider Truv. Through the integration, lenders can now access Truv's consumer-permissioned data platform through LenderLogix's point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants.

Related link: https://www.lenderlogix.com/

Argyle brings the mortgage industry’s highest-converting VOIE platform to The Mortgage Collaborative

NEW YORK CITY, N.Y. /ScoopCloud/ -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, as a preferred partner. As a member of TMC's Preferred Partner Network, Argyle will provide the cooperative's lender members discounted access to its exemplary customer service and award-winning income and employment verification (VOIE) services, which outperform legacy verification services for a fraction of their cost.

Argyle empowers mortgage lenders to verify income and employment, auto-retrieve paystubs and W-2s and qualify for Day 1 Certainty(r)-all at 60-80% less cost. Its coverage of the U.S. workforce, which includes 99% of the Fortune 1000, is superior to the three largest credit bureaus and delivers hit rates higher than other data providers.

Founded in 2013, TMC empowers mortgage lenders across the country with networking and professional development opportunities and by facilitating the sharing of best practices and technologies that drive market growth, efficiency and profitability. Of the more than 65 U.S. mortgage lenders that switched to Argyle in the last year, 18 are current TMC lender members. Argyle also offers native integrations with three TMC Preferred Partners: nCino, Dark Matter Technologies and FinLocker.

Argyle will make its debut as a TMC preferred partner at the cooperative's The Mane Event conference taking place March 24-26 in Louisville, Kentucky. Argyle's Chief Operating Officer Brian Geary will join LMCU Vice President of Mortgage Strategy John Harpst in presenting a case study session chronicling the credit union's time savings, reduced costs and enhanced member experience since implementing Argyle.

"Argyle's approach to lowering origination costs while enhancing the lender and borrower experience is well aligned with our mission of helping lenders better themselves and the communities they serve," said TMC President and CEO Melissa Langdale. "We're pleased to add to our Preferred Partner Network an income and employment verification platform that provides a meaningful competitive edge."

"Joining The Mortgage Collaborative feels like coming home, because collaboration with our customers and integration partners has always been at the heart of Argyle's journey," said John Hardesty, general manager of Argyle's mortgage division. "We could not have built the fastest, most cost-effective and most accurate income and employment verification platform without a profound understanding of the practical challenges lenders face every day. We look forward to the opportunity to serve and learn from the exceptional lenders within The Mortgage Collaborative community."

About Argyle:

Founded in 2018, Argyle is the leading provider of direct-source access to income and employment data. As an authorized report supplier for Fannie Mae's Desktop Underwriter(r) validation service, a component of Day 1 Certainty(r), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers' ability to pay and reduce repurchase risk-all at 60-80% less cost. Argyle's commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr, and Rockefeller Asset Management.

For more information on Argyle's industry-leading platform, please visit https://argyle.com/.

To stay up to date on all Argyle news, sign up for our newsletter here: https://argyle.com/blog/.

About The Mortgage Collaborative:

The Mortgage Collaborative (TMC) was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit https://www.mortgagecollaborative.com/.

Tags: @withArgyle @The Mortgage Collaborative #fintech #mortgage #mortgagelending

RELATED LINKS:

https://www.mortgagecollaborative.com/preferred-partners.html

https://web.cvent.com/event/72de6f1c-8527-4ad3-8405-582bc53f37d5/summary?session=53bc8371-c5cc-4435-afa4-6138c1219215

https://argyle.com/customers/lake-michigan-credit-union/

Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, has joined The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, as a preferred partner. As a member of TMC's Preferred Partner Network, Argyle will provide the cooperative's lender members discounted access to its exemplary customer service and award-winning income and employment verification (VOIE) services, which outperform legacy verification services for a fraction of their cost.

Related link: https://www.argyle.com/

Argyle’s investments in innovation spur over 50 lenders to switch to the mortgage industry’s highest-converting VOI/E platform

NEW YORK CITY, N.Y. /ScoopCloud/ -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, closed a banner year of mortgage growth with 50 new IMB, credit union and bank customers. The payroll connectivity leader more than doubled the annual volume of income and employment verifications conducted on behalf of its customers to 1.5 million with the help of 15 of the top 100 mortgage lenders. Chief Commercial Officer Brian Geary attributed Argyle's increasing appeal in the mortgage vertical to the commitment of a growing team of in-house mortgage experts and the successful implementation of an ambitious innovation roadmap that is delivering tangible business advantages for customers.

After introducing multiple new platform features and adding thousands of employers to its data network, in October Argyle became the first provider of consumer-permissioned income and employment data to be named an authorized report supplier to Fannie Mae's Desktop Underwriter® (DU®) Validation Service. The collaboration helps lenders reduce mortgage repurchase risk by enabling access to relief from representations and warranties through Fannie Mae's Day 1 Certainty® initiative.

Argyle also added several new partnerships throughout the year that seamlessly integrate its verification of income and employment (VOI/E) services into loan origination software and point-of-sale platforms, including ICE Mortgage Technology (NYSE: ICE), Dark Matter Technologies, nCino (NASDAQ: NCNO) and Lenders One (managed by a subsidiary of Altisource, NASDAQ: ASPS), among others.

To support its growing mortgage customer base, Argyle created a dedicated mortgage division this year and added mortgage industry veterans Sam E. Oliver III and Terri Davis to its advisory board. Oliver is a Freddie Mac veteran of three decades, and Davis' career in mortgage spans leadership roles at Fannie Mae, ICE Mortgage Technology and Notarize.

These investments are paying dividends to Argyle's customers. Whereas legacy VOI/E providers report success rates in the range of 20-30% - requiring lenders to manually verify income and employment for most loan applicants - companies like Lake Michigan Credit Union and NFM Lending say switching to Argyle is now enabling them to achieve verification success rates north of 50%. At the same time, lenders report that Argyle saves them 80% on verification costs and cuts loan processing times by as much as seven days, resulting in higher borrower pull-through and reducing lender costs associated with rate hedging.

"Argyle is proud to close the year as the fastest-growing and highest-converting automated income and employment platform available to mortgage lenders today," said Geary. "We are helping lenders weather the storm of this challenging market cycle by making a material impact on the bottom line. As we approach the new year, our customers can count on Argyle to continue investing heavily in mortgage as we look to drive our conversion rates even higher, build deeper integrations to the mortgage tech stack and round out our GSE approvals."

Argyle has been recognized this year by Fintech Nexus as an Emerging Fintech Innovator, Forbes as one of America's Best Startup Employers, Tearsheet as the Best Alternative Data Product and Fintech Futures as a Fintech Startup of the Year. HousingWire honored Argyle CEO Shmulik Fishman among its 2023 Tech Trendsetters and named John Hardesty, general manager of Argyle's mortgage division, a 2023 HW Insider.

About Argyle:

Argyle is the leading provider of direct-source access to real-time income and employment data. With Argyle, companies automate critical workflows-including income and employment verifications, deposit switches, wage advances and loan repayments-so they can build better, more efficient processes, reduce risk and scale their businesses. Argyle serves the mortgage, background checks, personal lending and banking industries as well as the gig economy.

Founded in 2018, Argyle has raised over $77.6 million in capital and is backed by top investors, including Bain Capital Ventures, Bedrock, Checkr, F-Prime and SignalFire. Argyle's coverage of the U.S. workforce includes 99% of the Fortune 1000, is superior to the three largest credit bureaus and delivers hit rates higher than other data providers. Argyle has been recognized by Fintech Nexus as an Emerging Fintech Innovator, Forbes as one of America's Best Startup Employers, Tearsheet as the Best Alternative Data Product and Fintech Futures as a 2023 Fintech Startup of the Year. Argyle is also an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service, a component of Day 1 Certainty®.

For more information on Argyle's industry-leading platform, please visit https://argyle.com/. To stay up to date on all Argyle news, sign up for our newsletter at https://argyle.com/blog/.

Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, closed a banner year of mortgage growth with 50 new IMB, credit union and bank customers. The payroll connectivity leader more than doubled the annual volume of income and employment verifications conducted on behalf of its customers to 1.5 million with the help of 15 of the top 100 mortgage lenders.

Related link: https://www.argyle.com/

Argyle CEO Shmulik Fishman named a 2023 HousingWire Tech Trendsetter

NEW YORK CITY, N.Y. /ScoopCloud/ -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, announced today that CEO Shmulik Fishman has been named to HousingWire's list of 2023 Tech Trendsetters. Now in its fifth year, the Tech Trendsetters award honors the 50 most impactful executives, product leaders and professionals shaping innovation in the mortgage and real estate industries. Fishman was recognized for his championship of Argyle's mortgage-ready offering, which allows lenders to instantly generate income and employment verifications, pull borrowers' pay stubs and W-2s without friction and automate loan repayments.

In the last 12 months, Argyle has secured new data quality and security certifications, established integrations with the industry's top loan origination technologies and become the first consumer-permissioned provider of income and employment verifications to support the Desktop Underwriter® (DU®) Validation Service from Fannie Mae. Under Fishman's leadership, Argyle has grown revenue over 100% year-over-year and has welcomed more than 50 new mortgage customers in 2023.

"Argyle's goal is to empower lenders to make decisions based on income and employment that is real-time, consumer-permissioned and equitable for all working individuals, not just full-time employees," said Fishman. "Developing novel ways to organize all the information wrapped up in employment records is a team effort. We are proud to be transforming mortgage underwriting with data that streamlines lender operations, reduces the growing issue of fraud and ensures up-to-the-minute accuracy."

"HousingWire's Tech Trendsetters award provides a unique platform for us to shine a spotlight on the visionaries steering the course of the tech organizations that are reshaping the housing landscape," HousingWire's Editor in Chief Sarah Wheeler said. "These trailblazers play a pivotal role in the success of their mortgage and real estate clientele. Once again, they have exceeded expectations, addressing some of the most pressing challenges within the housing sector with ingenuity and determination."

The full list of 2023 HW Tech Trendsetters will be profiled in the December/January issue of HousingWire magazine. Winners were selected by a panel of HousingWire editors and reporters based on their accomplishments and professional success over the last 12 months. The complete list of HW Tech Trendsetters can be found online at https://www.housingwire.com.

About Argyle:

Argyle is the leading provider of direct-source access to real-time income and employment data. With Argyle, companies automate critical workflows-including income and employment verifications, deposit switches, wage advances and loan repayments-so they can build better, more efficient processes, reduce risk and scale their business. Argyle largely serves the mortgage, background checks, personal lending and banking industries as well as the gig economy.

Founded in 2018, Argyle has raised over $77.6 million in capital and is backed by top investors, including Bain Capital Ventures, Bedrock, Checkr, F-Prime and SignalFire. Argyle's coverage of the U.S. workforce includes 99% of the Fortune 1000, is superior to the three largest credit bureaus and delivers hit rates higher than other data providers. Argyle has been recognized by Fintech Nexus as an Emerging Fintech Innovator, Forbes as one of America's Best Startup Employers, Tearsheet as the Best Alternative Data Product and Fintech Futures as a 2023 Fintech Startup of the Year. Argyle is also an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service, a component of Day 1 Certainty®.

For more information on Argyle's industry-leading platform, please visit https://www.argyle.com/. To stay up to date on all Argyle news, sign up for our newsletter here.

Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, announced today that CEO Shmulik Fishman has been named to HousingWire's list of 2023 Tech Trendsetters. Now in its fifth year, the Tech Trendsetters award honors the 50 most impactful executives, product leaders and professionals shaping innovation in the mortgage and real estate industries.

Related link: https://www.argyle.com/

Introducing RapidVerify: A Cutting-Edge Solution for Applicant Document Verification

AUSTIN, Texas /ScoopCloud/ -- In today's business landscape, where companies are facing the disconcerting reality of losing up to 5% of their revenue to fraudulent activities, the urgency for a reliable and efficient solution is critical. RapidVerify is proud to announce the launch of its innovative Software-as-a-Service (SaaS) platform specifically engineered to address the pressing issue of document fraud.

RapidVerify: Secure and Real-Time Verification

RapidVerify is a groundbreaking SaaS platform that enables businesses to swiftly verify employment, income, liabilities, and more in real-time. This allows companies to make well-informed decisions expeditiously, thereby mitigating the risk of fraud. The platform is fully integrated with over 100 online SaaS platforms, ensuring a comprehensive solution that effectively reduces the risk of fraud by verifying directly with the original source. This direct verification minimizes the possibility of data manipulation and guarantees an exceptional level of data integrity and authenticity.

Say Goodbye to Paper Clutter

One of the major advantages of RapidVerify is the elimination of the need for paper paystubs or bank statements. The entire verification process is digital, making it both efficient and environmentally friendly. Additionally, applicants can complete the verification process from the comfort of their own homes, adding a layer of convenience to the experience.

A Word from the Founder

Jeff Flynt, the Founder of RapidVerify, states, "Our primary objective with RapidVerify is to streamline the applicant verification process. We have developed a user-centric platform that effortlessly integrates with the software tools businesses utilize daily, thereby boosting productivity and offering a streamlined experience."

Ease of Use and Wide Coverage

Creating a verification request through RapidVerify is a streamlined process. Businesses can generate the request either through the RapidVerify platform or within the software they are already employing. Applicants can input their information from any location using the platform's intuitive interface. Detailed verification reports are delivered in a matter of minutes via email or directly back into the company's platform.

Additionally, RapidVerify boasts extensive coverage, encompassing approximately 85% of the U.S. workforce for income verification via payroll providers. The platform also offers robust API access to businesses subscribed to any of its plans, enabling further customization and integration possibilities.

Identity Verification

RapidVerify takes security to the next level by incorporating identity verification. This ensures that the information being verified is associated with the correct individual, adding an additional layer of security and authenticity to the process.

Utility Billing Data and Proof of Residency

RapidVerify's capabilities extend beyond employment and income verification. The platform can also furnish utility billing data from electric, water, and gas companies, which is often considered the standard for proof of residency.

Invitation to Embrace RapidVerify

RapidVerify extends an invitation to property managers, dealerships, and small lenders to safeguard their businesses from potential revenue loss due to fraud and bolster their decision-making process through the utilization of RapidVerify's services.

For additional information, please visit https://www.rapidverify.io/.

About RapidVerify

RapidVerify is a leading provider of real-time verification services, aiding lenders, property managers, dealerships, and other businesses in ensuring data integrity and minimizing risk associated with fraud. Through its state-of-the-art platform, RapidVerify is setting new standards in document verification, offering unmatched security and convenience.

In today's business landscape, where companies are facing the disconcerting reality of losing up to 5% of their revenue to fraudulent activities, the urgency for a reliable and efficient solution is critical. RapidVerify is proud to announce the launch of its innovative Software-as-a-Service (SaaS) platform specifically engineered to address the pressing issue of document fraud.

Related link: https://www.rapidverify.io/

FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program

ATHENS, Ga. /ScoopCloud/ -- FormFree(R), a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. FormFree's Passport(tm) all-in-one asset, employment and income verification service now includes API calls to Ocrolus for paystub and W-2 tax form collection and data verification.

Each day, Passport helps tens of thousands of loan originators assess the ability of loan applicants to repay loans. FormFree's partnership with Ocrolus enables Passport to ingest data from paystubs submitted in PDF or cell phone photo format. Passport can also pull income data directly from payroll providers with a consumer's permission.

"Income verification is a critical factor in assessing a borrower's ability to repay a loan," said FormFree CEO Brent Chandler. "Enabling lenders to corroborate images of paystubs against digital data sources allows them to make credit decisions with a high level of confidence."

As Ocrolus digitizes data from submitted paystubs and W-2 documents, Passport corroborates that data against public and proprietary sources to validate that the stated employer is a real company with whom the loan applicant has a verifiable connection. Next, the program compares the paystub data against consumer asset data to calculate annual net pay and gross income. The verified asset, income and employment data points are then instantaneously pushed to the lender systems such as point-of-sale (POS) platforms, loan origination software (LOS) and automated underwriting systems (AUS).

"We developed Ocrolus to analyze documents of any format or quality with over 99% accuracy," said Sam Bobley, CEO of Ocrolus. "FormFree is a leading fintech that we are proud to partner with; incorporating our capabilities within Passport provides lenders with precisely accurate data for financial decisioning."

Paystub and W-2 document submissions are currently supported and available to FormFree customers. Ocrolus and FormFree are also developing integrations for additional financial documents including bank statements.

About Ocrolus:

Ocrolus is a fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. Powered by artificial intelligence and a unique, human-in-the-loop data validation process, Ocrolus plugs directly into customer workflows via API, eliminating the need for manual data work. The solution includes built-in fraud detection and analytics, enabling customers to make smarter and faster business decisions with unprecedented scalability and precision.

Use cases include mortgage, small business, auto and personal loan underwriting, credit account openings and other document-intensive processes. Ocrolus has raised over $30 million in venture capital backed by Oak HC/FT, FinTech Collective, Bullpen Capital and QED Investors, among others. Visit https://www.ocrolus.com/ to learn more.

About FormFree:

FormFree is a market-leading fintech company whose revolutionary products AccountChek and Passport are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(tm). For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

FormFree, a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy.

Related link: https://www.formfree.com/

FormFree adds paystubs to Passport all-in-one asset, employment and income verification service

ATHENS, Ga. /ScoopCloud/ -- FormFree(R) today announced that it has added paystub collection and verification to its Passport(TM) all-in-one asset, employment and income verification service. The enhancement will be available to FormFree customers, including those who use Passport through one of FormFree's more than 100 integrations and reseller partnerships, in November.

To use the new feature, loan applicants can grant Passport permission to electronically collect paystub data from supported payroll providers. Alternatively, applicants can submit a photo or upload a PDF or scanned image of their paystub using the Passport verification app.

In a matter of seconds, FormFree's analytics engine corroborates the collected payroll data against public and proprietary data sources to verify that the applicant's stated employer is a valid business with whom the applicant has a verifiable association. At the same time, FormFree compares payroll data against the applicant's financial assets to confirm the frequency and source of direct deposits and calculate the applicant's annual net pay and gross income. FormFree then pushes the verified asset, income and employment data directly into lender systems such as digital loan applications, origination software and automated underwriting systems (AUS).

"Paystub verification is a capability our customers have been anticipating for some time, and it was important to us to get it right," said FormFree CEO Brent Chandler. "We're proud to introduce a solution that stands head and shoulders above anything else in the market."

"The sheer number of data points we're able to corroborate against paystub data will give lenders and investors a rock-solid understanding of each loan applicant's assets, income and employment and enable them to make credit decisions with an extremely high level of confidence," continued Chandler. "Best of all, the new capability will be available to our valued customers through their existing integrations and our APIs - no additional implementation required."

About FormFree(R)

FormFree(R) is a market-leading fintech company whose revolutionary products AccountChek(R) and Passport(TM) are changing the credit decisioning landscape and encouraging lenders nationwide to incorporate a more holistic view of each borrower's financial DNA. To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing over a trillion dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, reduces origination timelines by up to 20 days and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey(TM). A HousingWire TECH100(TM) company for four consecutive years, FormFree is based in Athens, Georgia.

For more information, visit https://www.formfree.com/or follow FormFree on LinkedIn.

Twitter: @RealFormFree #digitalmortgage #Passport #paystubs

FormFree(R) today announced that it has added paystub collection and verification to its Passport(TM) all-in-one asset, employment and income verification service. The enhancement will be available to FormFree customers, including those who use Passport through one of FormFree's more than 100 integrations and reseller partnerships, in November.

Related link: https://www.formfree.com/