Overview
Truv is a unified platform designed to facilitate secure income, employment, asset, and insurance verifications using open finance principles. It provides direct connections to payroll providers and employers, enabling real-time data retrieval, reducing fraud, and accelerating decision-making across mortgage lending, consumer lending, retail banking, and tenant screening. The platform offers a suite of products including Truv Bridge for seamless user experience, a developer-friendly dashboard, and integrations with industry platforms like Encompass and nCino. Truv’s document upload feature leverages AI-driven document processing for mitigating fraud and verifying income via OCR, with a 99.9% fraud detection rate, enhancing speed, conversion, and customization capabilities. It supports API integration for embedding verification processes into existing platforms, ensuring compliance and reliability.
