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What is Truv?

Achieve unmatched reach and conversion, covering 90% of the US workforce, while effectively enhancing growth in direct deposits and drawing in new clients for your institution. Gain immediate access to employment data that dramatically accelerates turnaround times, enabling you to verify employment histories in mere seconds and potentially reduce costs by as much as 80%. With Truv, you acquire accurate and up-to-date employment data that improves operational efficiency and lowers expenses. Our clear and consistent pricing model allows your organization to cut verification costs significantly, by up to 80%. Streamline the verification process, providing your customers with faster turnaround times and a decreased need for manual checks. Differentiate yourself in the market by offering a distinctive verification solution that attracts new employers, ensuring that you can confidently provide employment history verifications, as Truv’s data is sourced in real-time straight from the employers. Collaborating with Truv not only enhances your service portfolio but also establishes your institution as a leader in the verification sector, paving the way for future innovations. This partnership empowers you to stay ahead of competitors while delivering exceptional service to your clients.

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 CREDIT RISK Move beyond outdated credit data and self-reported income; our real-time insights complement traditional credit bureau reports, enabling more knowledgeable credit risk evaluations.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?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Truv

Date Founded

2020

Company Location

United States

Company Website

truv.com

Company Facts

Organization Name

DirectID

Date Founded

2011

Company Location

United Kingdom

Company Website

directid.theidco.com

Categories and Features

Categories and Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Identity Management

Access Certification
Compliance Management
Multifactor Authentication
Password Management
Privileged Account Management
Self-Service Access Request
Single Sign On
User Activity Monitoring
User Provisioning

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