Re: We’re seeing a huge upswing in fake check stubs and they’re getting harder to identify.

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1 year 1 month ago - 1 year 1 month ago #641810 by Whitney Donohue
We’re seeing a huge upswing in fake check stubs and they’re getting harder to identify.
I’m waiting for a demo with checkpoint ID, but not sure that’s what they cover. What else do y’all use to verify check stubs and IDs during the applicant screening process?
1 year 1 month ago - 1 year 1 month ago #641810 by Whitney Donohue
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1 year 1 month ago #641811 by Megan Goodmundson
Ask them to send you screenshots of their hr/payroll app or account. It would be very unusual for them to only have a paper version and not an electronic version. Explain its for fraud prevention purposes.
1 year 1 month ago #641811 by Megan Goodmundson
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1 year 1 month ago #641812 by Kimberly Evans
Try Two Dots. They do what Checkpoint ID which is only verify their ID, and what Snappt does which is verify the authenticity of paystubs. And Two Dots is integrated with Yardi.
1 year 1 month ago #641812 by Kimberly Evans
Aaron Valenzuela
1 year 1 month ago #641813 by Aaron Valenzuela
We started using a VOI Program and my it turns out my team is much better at identifying fake pay stubs over AI. We ask for bank statements (which they also try and fake) and direct business numbers to HR where they work. No cell phone numbers or personal emails.
1 year 1 month ago #641813 by Aaron Valenzuela
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1 year 1 month ago #641814 by Staci Merillo
Look up www.Verifast.com
I was impressed with their demo and considering them currently.
1 year 1 month ago #641814 by Staci Merillo
Nicole Malloy
1 year 1 month ago #641815 by Nicole Malloy
Snappt is a service for exactly this
1 year 1 month ago #641815 by Nicole Malloy
T.J. Golson
1 year 1 month ago #641816 by T.J. Golson
ResMan Fraud Detection powered by SNAPPT can verify paystubs with INCREDIBLE accuracy. PM me if I can assist!
1 year 1 month ago #641816 by T.J. Golson
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1 year 1 month ago #641817 by Rachel Aguilar
1 year 1 month ago #641817 by Rachel Aguilar
Katherine Coile Beeson
1 year 1 month ago #641818 by Katherine Coile Beeson
1 year 1 month ago #641818 by Katherine Coile Beeson
Heather Everett King
1 year 1 month ago #641819 by Heather Everett King
1 year 1 month ago #641819 by Heather Everett King
Karina Armijo
1 year 1 month ago #641820 by Karina Armijo
1 year 1 month ago #641820 by Karina Armijo
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1 year 1 month ago #641821 by Jay Rawls
I recommend Snappt. I converted our portfolio a few years ago and happy to share our experience. The alternative is bank linking like Payscore but we already have enough trouble getting docs from applicants and I don’t trust we’ll convince our applicants to login and link their bank account.
1 year 1 month ago #641821 by Jay Rawls
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1 year 1 month ago #641822 by Stephen Boyd
1 year 1 month ago #641822 by Stephen Boyd
Charity Paumen
1 year 1 month ago #641823 by Charity Paumen
Two Dots - verifies paystubs and IDs
1 year 1 month ago #641823 by Charity Paumen
Todd Deegan
1 year 1 month ago #641824 by Todd Deegan
We require bank statements and tax turns
1 year 1 month ago #641824 by Todd Deegan
Brian Ball
1 year 1 month ago #641825 by Brian Ball
1 year 1 month ago #641825 by Brian Ball
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1 year 1 month ago #641833 by Sherri Raymond
Unfortunately Whitney, the fake paystubs/bank statements are only going to continue to get harder to recognize. With AI being a step ahead, a fraudster will continue to be a step ahead and the products searching for altered documents will eventually be obsolete. The income verification solution is the future of multifamily, but we all know multifamily is a bit slow to adopt. When using Payscore, the future resident is not linking a bank account with the community and also sharing less personal information than they would on a paystub or bank statement. You are only seeing the income they receive in a 12 month period, so you know they can afford to live at your community. Even those Gig economy workers can now show their income via Payscore.
1 year 1 month ago #641833 by Sherri Raymond
Anonymous
1 year 1 month ago #641835 by Anonymous
We have been using VERO. They have the applicant link directly into their payroll and/or bank so that the verification is direct in their system.
1 year 1 month ago #641835 by Anonymous
Anonymous
1 year 1 month ago #641836 by Anonymous
Our company just started using checkpoint ID. And currently one of our properties is being used as the guinea pig for checking the paycheck stubs. From what I understand it's very effective and sniffs out the fakes very quickly.
1 year 1 month ago #641836 by Anonymous
Garrett Jones
1 year 1 month ago #641837 by Garrett Jones
Agree with Sherri here. We have been utilizing Payscore for over a year now and its takes out the guesswork. Sure, we all have those Team members who are really good at catching fraud but they are not the standard at every property. Payscore does not rely on applicant provided statements or any kind, instead, they link directly to the bank accounts to gather all activity. In those circumstances where we need to take a different path to approval, for example when collecting and verifying bank statements become necessary, having a 3rd party verify bank account balances, to back-up the applicant provided statements, it gives a lot of peace of mind. We like Snappt too; Payscore won out as it is able to handle all of our asset classes.
1 year 1 month ago #641837 by Garrett Jones
Anonymous
1 year 1 month ago #641852 by Anonymous
Can you send me your contact person for Snappt? I've messaged them through the 'contact us' on their website and haven't heard back. Thanks!
1 year 1 month ago #641852 by Anonymous
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1 year 1 month ago #641884 by Brent Williams
I know some Snappt folks! Let me see if I can loop one in to help - you are showing up as anonymous, so can you send me a note with your contact info, too?
1 year 1 month ago #641884 by Brent Williams
Dana Guandolo
1 year 1 month ago #641897 by Dana Guandolo
Hi Whitney,
Snappt is the market leader in document fraud detection and has provided service to the multifamily industry since 2018. We have a historical fraud rate of 12.2% with an accuracy rate of 99.8% for the +4M documents we've scanned. We currently service over 1.8+ million units on our platform and have 8 of the 10 top management companies nationwide using Snappt on a daily basis. Our National Partnerships include Greystar, Cushman and Wakefield, ZRS, Fairfield, First Communities, RAM Partners, Pegasus Residential, etc.

The onboarding process is quite streamlined and will happen within 24 hours or less of when the contract is signed. We send the property teams a video link to watch and a brief and once they've completed that, we send login credentials and they can start using SNAPPT!

Email me if you would like to see a demo!
1 year 1 month ago #641897 by Dana Guandolo
Dana Guandolo
1 year 1 month ago #641898 by Dana Guandolo
Thank you for the recommendation Nicole!
1 year 1 month ago #641898 by Dana Guandolo
Dana Guandolo
1 year 1 month ago #641899 by Dana Guandolo
Good afternoon,
Snappt is the market leader in document fraud detection and has provided service to the multifamily industry since 2018. We have a historical fraud rate of 12.2% with an accuracy rate of 99.8% for the +4M documents we've scanned. We currently service over 1.8+ million units on our platform and have 8 of the 10 top management companies nationwide using Snappt on a daily basis. Our National Partnerships include Greystar, Cushman and Wakefield, ZRS, Fairfield, First Communities, RAM Partners, Pegasus Residential, etc.

The onboarding process is quite streamlined and will happen within 24 hours or less of when the contract is signed. We send the property teams a video link to watch and a brief and once they've completed that, we send login credentials and they can start using SNAPPT!

Email me if you would like to see a demo! 704-560-1553
1 year 1 month ago #641899 by Dana Guandolo