Truework operates in the employment and income verification sector, providing a platform for businesses to verify applicants' income and employment status. The platform is customizable, allowing businesses to tailor the verification process to their specific needs. Truework's intelligent system efficiently routes verifications to ensure quick and comprehensive results. Clients include businesses that require accurate information for hiring or loan approvals. Truework's pay-per-result model means clients only pay for successful verifications, ensuring value for their investment. A strategic partnership with TransUnion enhances Truework's credibility and resources. The company's goal is to streamline the verification process, reduce costs, and help businesses make informed decisions while minimizing risk.

TransUnion

Keith Rabois

Tuesday Capital

Menlo Ventures

Founder Collective

Khosla Ventures

Heroic Ventures

Sequoia

Four Rivers Capital

G Squared

indeed.com

Activant Capital

Human Capital

Jeff Weiner

Data & Analytics

Enterprise Software

Financial Services

Truework

Truework , a leading provider in verification of income and employment (VOIE) in the U.S., announced the launch of Truework Guardian, a new verification automation tool for employees, employers and payroll providers that replaces the manual HR verification process while increasing the protection of sensitive data.

HR Technology highlights – HR Tech daily round-up for 13th july 2023

SAN FRANCISCO, June 3, 2024 /PRNewswire/ -- Truework, the one-stop platform for income and employment verification, announced today its new integration with the Exchange network of mortgage-specific service providers available to customers of the Empower® loan origination system (LOS) by Dark Matter Technologies. With this integration, mortgage lenders can access the Truework platform and verify U.S. employees' income and employment directly within the Empower LOS.Dark Matter TechnologiesLenders have been migrating to Truework for its industry leading 75% completion rates and use of multi-method verifications to seamlessly orchestrate income requests for any borrower. Now, Empower® customers can access this advantage directly within their Empower® LOS.Lenders like Ross Mortgage and Lake Michigan Credit Union have already started the enablement process for Truework inside their Dark Matter instance. This new approach lets Empower LOS users take advantage of more efficient underwriting processes, cost savings, and transparency. Processors can view real-time updates on every verification request directly within the Empower LOS, enabling faster processing times and improving the borrower experience.With this integration, mortgage lenders using Empower can make the income verification process more predictable and deliver a seamless mortgage journey to more borrowers."Customers of the Empower LOS can now deliver a better experience for borrowers while taking advantage of maximum time-saving and cost-reduction benefits with Truework's all-in-one platform," said Ryan Sandler, CEO and co-founder of Truework

Truework Announces New Integration With The Empower Loan Origination System By Dark Matter Technologies

SAN FRANCISCO, Jan. 10, 2024 /PRNewswire/ -- Truework, the one-stop platform for income and employment verification, announced today it has grown its instant data network to 48 million active employees. This milestone marks more than a 30% increase in network size since last year. Driving this growth has been the addition of multiple new partnerships with payroll providers, human capital management (HCM) platforms as well as other verification providers.In July of last year, Truework announced the launch of Truework Guardian , the first solution to help payroll providers, HCMs and other data providers securely automate verifications for every employee by applying a unique risk score. Similar to modern credit card systems where consumers are alerted about potential fraudulent transactions, Guardian notifies employees whenever a verification request is deemed suspicious, requiring additional authorization before sensitive data is shared.As a part of its growth to 48 million instant employee records, Truework is also announcing a new partnership with Vault Verify , the innovative HR platform transforming internal verifications into a revenue-generating business for employers."Our partnership with Vault Verify and other data platforms showcases the importance of protecting employee data without incurring harmful delays that can derail high-stakes transactions like buying a home," said Ryan Sandler, Truework CEO. "More employees can now rely on Truework to make sure accurate data is shared instantly and only with authorized parties."Protecting employee data is a shared focus for Truework and Vault Verify

Truework Announces Instant Network Growth To 48 Million Records, Adding Multiple New Data Partners

Digital lending platform Revvin joined forces with Truework, an income and employment verification platform, to provide comprehensive income verification coverage.

Truework and Revvin partner to enhance income verification services for point-of-sale systems

In 2021, Truework launched the Payroll Network alongside Gusto and Rippling to allow payroll providers to customize data sharing settings for employers and employees on their platform, improving data transparency and control.

Truework announces Guardian HR product to securely automate income verifications for Payroll providers

Truework says sit has reached a significant milestone in their journey as they “work towards creating trust in every financial transaction.”. Truework has entered into a strategic partnership with TransUnion, one of the largest information and insights companies in the world. In addition, TransUnion has “made a minority investment in Truework.”. As part of this partnership, Truework becomes “a preferred provider of verified income data for TransUnion customers.”

Transunion, Truework To Provide Income Verification Coverage With Robust Credit Data

Truework, an income and employment verification platform used by lenders, is partnering with TransUnion as part of a $24M investment.

With Equifax in its sights, TransUnion invests $24M in income verification platform Truework

Truework, an income and employment verification platform used by banks, lenders, property managers and employers, today announced a strategic partnership and $24 million in equity funding from…

TransUnion invests $24M in Truework to target Equifax

Credit reporting giant TransUnion has invested $24 million in equity funding in San Francisco-based Truework to integrate the startup’s income and...

AI Startup Cohere Locks Up $270M At $2.2B Valuation

TransUnion has entered into a commercial agreement with Truework in order to provide comprehensive income verification coverage.

Affordability hurdles diverge home buying and selling perceptions

Employment and income verification platform

Truework

Employment and income verification platform

Truework

Employment and income verification platform

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