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What is Konfir?

We think that the current approaches to requesting and managing employment or income verifications are no longer effective and need modernization. Join the network of organizations collaborating with Konfir to improve this process for all parties and boost economic growth. Employees maintain crucial authority over their personal information and can control who is granted access. No data is disclosed without the workers' clear consent, and each access is restricted to a specific instance and purpose. Konfir's cloud-based platform is equipped with advanced security features to protect sensitive information. All critical data is encrypted, and user credentials are not retained. We conduct ongoing assessments of our data management and security measures to ensure effectiveness. Moreover, Konfir has earned certification as an Application Service Provider under the UK Digital Identity Assurance Trust Framework, has achieved ISO 27001 certification, and complies fully with GDPR standards. This dedication to safeguarding privacy and security means that workers can have complete confidence in the system's reliability. As we strive to refine these processes, we invite more organizations to join us in this crucial transformation.

What is DirectID ?

By utilizing Open Finance along with bank statement information, DirectID enhances lenders' understanding of their clients throughout the entire credit risk process, from initial onboarding to collections and recoveries. DirectID offers several innovative solutions, including: AFFORDABILITY With automated categorization of transactions, immediate insights, and income verification for anyone with a bank account, lenders can conduct more precise affordability assessments. IDENTITY By executing bank account validation checks, DirectID confirms customer identities and provides detailed financial insights that go beyond conventional checks. ONBOARDING Simplify the onboarding experience by eliminating the hassle of paper documentation; verify income claims and analyze bank transactions almost instantly. COLLECTIONS Leverage direct data insights to design more effective collections strategies and enhance customer interactions. CREDIT RISK Move beyond outdated credit data and self-reported income; our real-time insights complement traditional credit bureau reports, enabling more knowledgeable credit risk evaluations. OPERATIONAL EFFICIENCY Minimize the time spent on calls and document reviews by connecting directly to customer bank data, allowing for rapid categorization of transactions while simultaneously helping to prevent fraud. With these tools, DirectID empowers lenders to make smarter, more informed decisions at every stage of the customer relationship.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Konfir

Date Founded

2022

Company Location

United Kingdom

Company Website

www.konfir.com

Company Facts

Organization Name

DirectID

Date Founded

2011

Company Location

United Kingdom

Company Website

directid.theidco.com

Categories and Features

Background Check

Employment Screening
Online Applications
Status Tracking
Tenant Screening

Income Verification

Not specified

Categories and Features

Financial Data APIs

Not specified

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Insurance Industry

Identity Management

Compliance Management

Income Verification

Not specified

Open Finance

Not specified

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