Why Financial Verification Is Required
Some applications require financial information so the business reviewing your request can better understand your financial activity or income.
This process helps businesses:
Verify financial information submitted in an application
Review income or cash flow
Reduce fraud or inaccurate submissions
Evaluate applications more efficiently
Financial verification helps ensure applications are reviewed using reliable and verified data.
How Financial Verification Works
Depending on how the application workflow has been configured, financial verification may include one of the following methods:
Securely connecting a bank account
Uploading bank statements or financial documents
These steps allow the necessary financial information to be reviewed as part of the application process.
Connecting a Bank Account
If bank account verification is required, you may be asked to securely connect your bank account through a trusted financial data provider.
This allows certain financial information to be verified automatically without requiring manual document uploads.
Uploading Financial Documents
In some cases, you may be asked to upload financial documents such as bank statements. These documents are used to review financial activity as part of the application.
Make sure uploaded documents are:
Clear and readable
Complete and unaltered
Recent if requested by the application
Is My Banking Information Secure?
Yes. Financial verification is performed using secure systems and encrypted connections. Your information is only used for verification purposes and shared with the business reviewing your application as part of the application process.
Need Help?
If you experience issues while completing financial verification, click the support widget in the bottom-right corner of the screen to contact our support team.