Equifax Announces Integration with IRIS Software Group

Date:

Share post:

Equifax® has announced a new integration between The Work Number® service and Payroll Relief software from IRIS Software Group. Automated employment and income verifications from The Work Number can now be made available to up to one million additional employees of U.S. small- and medium-sized businesses (SMBs) that are served by accountants and payroll service providers who use IRIS Payroll Relief software.

Small businesses account for more than 46 percent of U.S. private sector employees. When a consumer applies for an important service such as a home mortgage, auto loan or social service benefits, their employer – who is in many cases the owner of an SMB – is called upon to fulfill HR functions such as providing employment and income history. With the new integration between Payroll Relief and The Work Number, those verifications can happen instantly and digitally, even outside of regular business hours, which means a more streamlined process for the consumer, the SMB and the verifier.

“Partnering with The Work Number from Equifax demonstrates our dedication to streamlining verification processes and improving the overall experience for our clients,” said Jim Dunham, President and General Manager, IRIS Americas. “By integrating this powerful tool, we are empowering our clients to assist their clients in purchasing their first home, starting a new job, or buying a car.”

Also Read: Prime Cross-Platform App Development Frameworks

“IRIS is one of the U.K.’s largest private software companies, and as they rapidly expand into the Americas we are proud to help them meet the needs of their U.S. customers,” said Joe Muchnick, Senior Vice President of Employer Services and Talent Solutions, Equifax Workforce Solutions. “This integration with IRIS Payroll Relief software further demonstrates our commitment to bringing the benefits of The Work Number to employers of all sizes and their employees.”

The Work Number is the industry-leading centralized commercial repository of income and employment information in the United States, with access to over 631 million employment records from 2.8 million employers. It is governed by the Fair Credit Reporting Act (FCRA), which requires verifiers – such as lenders or social service agencies to undergo a thorough credentialing process with Equifax as well as prove they have a legally required, permissible purpose for accessing the information.

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.
spot_img

Related articles

Opal Kelly Launches Advanced FPGA Module for High-Performance Data Processing Applications

Opal Kelly has announced the XEM8370-KU11P, a compact FPGA module featuring the AMD Kintex UltraScale+ FPGA. The module...

anynines Introduces a9s CLI for Easy PostgreSQL Management in Kubernetes Clusters

anynines has released a9s CLI, a command-line interface designed to simplify the installation and management of PostgreSQL in...

Neota Unveils Azure OpenAI Building Block for Enhanced No-Code Automation and AI Integration

Neota has introduced the Azure OpenAI Building Block, a tool that integrates Generative AI capabilities into business workflows,...

Wondershare Unveils Groundbreaking AI Features in Latest Filmora Mobile Update

Wondershare has released a major mobile upgrade for Filmora, its flagship product. The upgrade introduces innovative AI tools...