Verifast: Identity and Income Verification Software
Verifast helps property management companies and lending institutions verify the financial ability and identity of applicants. It is designed for teams needing to detect document fraud and support digital screening workflows.
At a glance
- Category
- Operations
- Best for
- Property management companies, Real estate asset owners, Auto dealerships and lenders, Mortgage lenders and brokers, Consumer lending institutions
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Rental Application Screening, Loan Approval Underwriting, Digital ID and KYC Compliance, Fraud Detection in Documentation
- Integrations
- Entrata, Rent Manager, RealPage, Yardi, ResMan
- Official website
- verifast.com
Verifast is a verification platform designed to identify renters and borrowers. It combines identity checks with financial verification to support businesses in moving away from manual document review and help reduce the risk of fraudulent applications.
The tool is built for property managers, real estate asset owners, and various lenders, including auto and mortgage brokers. It uses AI and human review to analyze consumer data for insights such as net cash flow analysis and proof of life checks.
Buyers can use the platform via a managed API or as a white-label solution to embed verification into their own sites. The platform is SOC 2 Type II certified for handling sensitive financial data.
Before choosing the software, buyers should confirm how the API fits into their current development stack and whether the banking partners supported by the platform align with their applicant base.
Key Features
Cross-references income data sources and supports applicant data submission via document upload or direct employer connection.
Performs identity checks and searches public sources for regulatory breaches, financial misconduct, or sanctions exposure.
Uses custom OCR models and AI to help detect inconsistencies and potential fraud in uploaded financial documents.
Supports identity verification by matching the person in a video to the photo on their provided ID.
Allows businesses to set verification requirements per region or customize workflows for different teams.
Provides an embedded solution that allows businesses to offer verification services under their own branding.
Use Cases
Verifying a tenant's identity and financial ability to pay rent to help reduce delinquencies.
Performing net cash flow analysis and employment verification for borrowers in auto or mortgage lending.
Using biometric matching and public record searches to satisfy Know Your Customer requirements.
Analyzing uploaded pay stubs and bank statements to help identify tampered or fake documents.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
Verifast verifies identity (KYC), income, employment, and criminal history, while also performing document fraud detection.
Yes, Verifast is SOC 2 Type II certified and uses bank-level encryption to secure data.
It is designed for property managers, real estate owners, auto dealerships, and consumer lending institutions.
Yes, Verifast offers a white-label embedded solution and a managed API for developers.
Source category: Operations
Source subcategory: Identity Verification
