Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Access to credit is fundamental to our lives, but traditional measures for evaluating credit are becoming increasingly less accurate. That’s why the way employment and income data is currently siloed is increasingly unacceptable, for both businesses and consumers. Thankfully, with advances in consumer data access and protection, it’s now possible to unlock this data and make it accessible. That’s what we’re doing at Truv. We’ve built the safest and most reliable API connections to payroll accounts, unlocking the power of consumer permissioned data.

How they describe their product/innovation: Income & Employment Verification: By enabling your users to connect directly to their payroll account, Truv provides you with verified identity, income, and employment data points that you need within 60 seconds. This data is delivered in real-time to minimize fraud risk and drive cost savings compared to manual labor.

Direct Deposit Switch: Truv enables your customers to instantly connect to their payroll provider and change their deposit solution distribution to increase your direct deposits by up to 65%.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms

Contacts:

Bus. Dev. & Press: Colton Pond (VP of Marketing), colton@truv.com