Why use Employment Verification APIs
Signzy Employment Verification API offers a comprehensive solution for accessing and confirming employment data for Indian employees. This tool aims to reduce risk and manual workload by providing instant employment verification, ultimately cutting costs and streamlining processes. The service facilitates better business decision-making by offering speedy and confident insights backed by accurate data.
Crucial for the lending and credit market, the API allows instantaneous assessment of the accuracy of current and recent employment information during the application process. By verifying applicants' employment details, including experience and personnel details, it enhances the overall confidence in the information provided.
The Signzy Employment Verification API operates through the extraction of employment details using a list of Unique Account Number (UAN) and verifies essential information like employment history and dates of joining/leaving. This functionality aids in preventing identity fraud by ensuring accurate and reliable verifications, thus reducing the risk of fraudulent claims or inaccuracies.
The API allows clients to securely access and retrieve employment information using the basic personnel details such as phone no., providing real-time data on an individual's job status. Its seamless integration with Loan Origination Systems (LOS) and Business Rule Engine (BRE) automates the verification process, saving time and resources by eliminating the need for manual checks or direct contact with individual or pursuing through bank statements or salary statements. Overall, the Signzy Employment Verification API enhances efficiency and accuracy in employment verification.
The Signzy Employment Verification API stack provides clients with the flexibility to inquire about user employment using different levels of details. Depending on the available information, clients can utilize Phone, PAN, Name, and Date of Birth (DoB) to access employment data through the
- Current Employer API,
- Basic Employment Verification API, or
- Advanced Employment Verification API
This multi-tiered approach enhances the versatility of the Signzy Employment Verification API stack, allowing clients to tailor their queries based on the available user data and desired depth of verification checks.