Income Passport is a user-permissioned income verification platform that aggregates income and earnings data from connected financial institutions and payroll providers.
Make determinations with speed and accuracy
Income Passport enables applicants to connect their financial institutions (e.g., banks, credit unions, digital wallets) and payroll providers to our income intelligence engine. Our real-time analysis and forensics customize the experience for each user based on their data, simplifying the process while ensuring accuracy.
This process allows for real-time verification of all income sources, including income from work (W2, 1099, self-employment) and supplementary income(e.g. contributions, interest earned, dividends).
Outcomes for Government
Receive single digital paystub of all earned and unearned income
Reduce the number of touchpoints required to make a determination
Reduce overpayments by 17%
Outcomes for Applicants
Income verification in under 10 minutes
Shorten the application process by 30%
Only share information once
Accelerated benefit delivery
How Income Passport Works
Step 1
The applicant will receive a secure invitation for income verification via email, text message, QR Code, or physical document.
Step 2
Income Passport verifies the applicant’s income sources — financial institutions, digital wallets, gig platforms, employers, and payroll providers.
Step 3
Our consent-based income verification tool easily guides applicants to report their income earned across various sources and enter their expenses.
Step 4
Income Passport aggregates income and expense data into an easy-to-read report. The applicant reviews, approves, and submits the information.
Income Passport Results
“Income Passport uses sophisticated technology to streamline the income verification process both for applicants and for agencies.” – Melissa Wolf, Deputy Director, Missouri Family Support Division
Alabama decreased process timefrom 30-60 minutes to 1-2 minutes.
Louisiana decreased their benefits receiving time from 21 days to less than 1 day.
Missouri Social Services were able to cut their decision-making time by 30%.
Missouri saw a 24.8% reduction in rejections due to incomplete files.
