Best Income Verification Software in the UK: Top 10

1

Finexer

Finexer is a UK-based income verification software that leverages open banking to provide real-time, secure access to financial data. By connecting with 99% of UK banks, Finexer ensures instant income verification without requiring manual document submission. This allows lenders and financial institutions to speed up approvals, reduce fraud risks, and make more informed lending decisions.

#Finance #Banking #Payments 7 user reviews

2

Plaid

Plaid is a widely recognised income verification software that connects businesses with real-time financial data from bank accounts, payroll providers, and tax systems. While widely used in the US and Europe, Plaid has expanded its open banking integrations in the UK, making it a strong choice for lenders requiring global income verification capabilities.

#Personal Finance #Mobile Banking #Other Fin Tech 78 social mentions

MicroBilt is a specialised income verification software designed for small lenders, credit unions, and alternative financial institutions. It provides a wider range of income verification tools, including traditional bank data and alternative credit data sources, helping lenders assess non-traditional borrowers more accurately.

4

Equifax

The most secure income verification methods include:->Open banking (e.g., Finexer, Tink) – Direct bank data prevents document fraud.->Employer-backed payroll verification (e.g., Experian, Equifax, Konfir) – Ensures authentic employment records.->AI-driven fraud detection (e.g., Sikoia) – Identifies inconsistencies in reported income.All FCA-regulated software solutions in this list comply with UK data protection laws, ensuring secure and consent-driven verification.

#Credit Builder #Personal Finance #Finance

MicroBilt is a specialised income verification software designed for small lenders, credit unions, and alternative financial institutions. It provides a wider range of income verification tools, including traditional bank data and alternative credit data sources, helping lenders assess non-traditional borrowers more accurately.

MicroBilt is a specialised income verification software designed for small lenders, credit unions, and alternative financial institutions. It provides a wider range of income verification tools, including traditional bank data and alternative credit data sources, helping lenders assess non-traditional borrowers more accurately.

7

Experian

The most secure income verification methods include:->Open banking (e.g., Finexer, Tink) – Direct bank data prevents document fraud.->Employer-backed payroll verification (e.g., Experian, Equifax, Konfir) – Ensures authentic employment records.->AI-driven fraud detection (e.g., Sikoia) – Identifies inconsistencies in reported income.All FCA-regulated software solutions in this list comply with UK data protection laws, ensuring secure and consent-driven verification.

#Credit Builder #Personal Finance #Identity Verification And Protection 134 social mentions

8

TrueLayer

Truelayer is a leading income verification software in the UK that specialises in real-time financial data retrieval through open banking APIs. It allows lenders and fintech companies to access verified income data directly from customer bank accounts, ensuring high accuracy and fraud prevention.

#Online Payments #Personal Finance #Recurring Billing 5 social mentions

MicroBilt is a specialised income verification software designed for small lenders, credit unions, and alternative financial institutions. It provides a wider range of income verification tools, including traditional bank data and alternative credit data sources, helping lenders assess non-traditional borrowers more accurately.

10

Docsumo

Docsumo is an AI-powered document processing software that automates income verification by extracting data from payslips, bank statements, and tax records. It is widely used by financial institutions, lenders, and mortgage providers looking to speed up manual verification processes.

#Intelligent Document Processing #Document Ai #Document Processing 2 social mentions