Income & Expense Verification
Real income. Real expenses. Real fast.
Verify income and analyze expenses directly from transaction data. No payslips. No guesswork. Just facts.
Payslips don't tell the whole story
Self-reported income is often wrong. Payslips can be forged. And manual document collection causes up to 40% of applicants to drop off. Transaction data shows what actually hits the account, and what leaves it, without the friction.
All income sources
Not just salary. See freelance income, benefits, rental income, and other deposits customers might not mention.
Complete expenses
Every outgoing payment categorized. Fixed costs, variable spending, debt payments, nothing hidden.
Zero friction
No document uploads. No waiting. Applicants authenticate once and verification happens instantly, reducing dropout and boosting conversion.
Clear insights into income and expenses
Everything you need to assess affordability and make informed decisions.
Income Verification
Identify and verify all income streams from transaction patterns.
- Salary detection
Regular employer deposits identified
- Multiple income sources
Side income, benefits, rental payments
- Income stability & trends
3–12 month analysis: min, max, mean, and consistency
- Verified amounts
Monthly and annual figures with recurrence and reliability scores
Expense Analysis
Comprehensive breakdown of all outgoing payments, fully categorized.
- Housing & essentials
Rent, utilities, childcare, healthcare, insurance
- Debt obligations
Loans, credit cards, BNPL, external transfers
- Subscriptions & recurring
Streaming, memberships, transport, regular commitments
- Savings & investments
Savings activity, investment transfers, financial behaviour
Seconds
Not days
Instant verification
100%
Transactions analyzed
Nothing hidden
65%
Reduction in 1st party fraud
Verified transaction data
30%+
Higher conversion rates
Automated assessment
Use cases
Income and expense verification across the customer journey.
Loan applications
Assess affordability for personal loans, mortgages, and credit lines with verified data.
Credit limit increases
Verify current financial situation before approving higher limits.
Rental applications
Verify tenant income and expense patterns for landlords and property managers.
Benefits assessment
Verify income for government benefits, grants, or financial assistance programs.
Marginal approvals
Approve borderline applicants with confidence using granular income and expense data that credit scores alone can't provide.
Easy integration
Simple API integration with your existing lending or onboarding flow. Works with open banking or direct bank connections, fully compliant with PSD2 and local lending regulations.
- RESTful API
- PSD2-compliant open banking
- White-label consent flow
- Regulatory-ready documentation
- PDF report generation
Output includes
- Verified monthly income
- Income source breakdown
- Expense categories
- Calculated disposable income
- Risk indicators
- Supporting transaction data
Part of Risk Decisioning
Works alongside
Income & Expense Verification is one of three interconnected Risk Decisioning products, each strengthening the others.
Ready to verify income and expenses?
See how transaction-based verification can improve your lending decisions.