TransUnion Enhances Partnership with Truework
TransUnion has recently announced a major upgrade to its partnership with Truework, a top provider of income and employment verification. This exciting update gives property managers a one-click solution that fits seamlessly into their current workflows. With this integration, the resident screening process is strengthened by including thorough income and employment verifications, as well as other vital checks.
A New Screening Solution for Property Managers
This new partnership allows property managers to tap into an integrated platform that offers verified income and employment data alongside credit scores, criminal background checks, and eviction histories. This comprehensive approach enables managers to gain a deeper understanding of potential tenants, ensuring they can make informed decisions efficiently.
Improved Data Access and Strong Workflows
Maitri Johnson, Senior Vice President and head of TransUnion’s tenant and employment screening division, highlighted the importance of solid workflows for multifamily property operators. The collaboration with Truework aims to provide essential insights that help property managers evaluate applicants more thoroughly.
Boosting Fraud Detection and Payment Collection
Truework plays a crucial part in helping organizations uncover fraudulent income documents right at the start of the application process. By granting access to verified income information directly from employers and payroll providers, this partnership greatly improves the rates at which rental payments are collected.
Convenient Access for Property Managers
Ryan Sandler, the CEO of Truework, pointed out that this enhanced partnership not only delivers strong screening solutions but also makes access simpler for property managers. With just one click, property managers can now leverage their collective data, improving the process's overall efficiency and user-friendliness.
About Truework and TransUnion
About Truework
Truework is committed to building trust in all financial transactions, providing a customizable platform for income and employment verification that focuses on efficiency, accuracy, and security. By using Truework, banks, lenders, and tenant screening providers can verify a significant number of employees throughout the U.S., thereby increasing the reliability of financial transactions.
About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company, boasting a workforce of over 13,000 across more than 30 countries. Their mission is to ensure that each individual is accurately represented in the marketplace. By utilizing innovative technology and solutions that go beyond traditional credit services, TransUnion aims to create greater economic opportunities and personal empowerment for individuals worldwide, promoting their principle of "Information for Good" to foster positive social impact.
Frequently Asked Questions
What is the main benefit of the TransUnion and Truework partnership?
This partnership provides property managers with an integrated platform for income and employment verification along with credit and background checks, streamlining the tenant screening process.
How does Truework improve the rental application process?
Truework identifies fraudulent income documents early in the application process and enhances rental payment collection rates by providing direct verification from employers.
Who are the main executives involved in this partnership?
Maitri Johnson from TransUnion and Ryan Sandler from Truework are the key figures leading this collaboration, aiming to boost tenant screening capabilities.
What technologies are utilized in this partnership?
TransUnion uses its TruVision™ Resident Screening solution combined with Truework's verification services to deliver thorough evaluations of applicants.
What is Truework’s mission?
Truework’s mission is to foster trust in financial transactions by offering an efficient, secure platform for income and employment verification.
