How We Verify Income
Simply put, we want to deliver an authenticated bank statement from tenant to landlord conveniently, securely and without fraud risk. At the same time, we have also decided not to touch anyone’s sensitive personal information (especially tenant’s bank account login credentials). After some carful explorations, we have decided to use a secured bank account API by partnering with DecisionLogic. DecisionLogic has all the convenience and security that we look for. Mostly importantly, its service module passes along bank account login credentials with a secure encryption technology and only returns us with the bank statement result. This way, Tenantify never needs to save bank account login credentials.
How We Verify Employment
We will first ask tenant for employment details (title, employer name, address, phone number). Rather than taking the info at face value, we verify the info with trusted third-party sources (Yellow Page, Yelp, BBB, etc). We will then directly talk to employer via a verified phone number to get positive or negative confirmation. We then deliver the verification outcome and call note back to landlord.
As our product keeps evolving, we are sure to add more features. But at the end of the day, our goals remain the same: Empower landlord to make informed decisions! Please contact us at firstname.lastname@example.org with any questions/comments.