Verifications Focus

More Employers Finding Lies on Resumes

According to HR Dive, a “new survey by HireRight, found that 85% of employers uncovered lies on job applicants’ resumes. More employers are finding lies than they did five years ago, when the rate was 66%, according to HireRight’s 10th annual Employment Screening Benchmark Report.”  Fortune magazine reports that lies could be due to a [Read More…]

Day 1 Certainty Best Practices for Mortgage lenders

Best practices for benefitting from Day 1 Certainty through the Fannie Mae DU® validation service Process changes are challenging, but automated validation can save lenders time and money.  Fannie Mae’s new Day 1 Certainty™ program is designed to make the mortgage loan process faster.  But since it rolled out last October, some lenders have hit [Read More…]

Bulletin: Faster Employment Verifications Needed to Improve Hiring Process

Faster Employment Verifications Needed to Improve Hiring Process Employers today face a rise in fraudulent documents including, resumes and pay stubs provided during the application process. Technology is enabling ease of creation and access to these fraudulent documents through numerous online listings and blog posts. Research shows that 53% of resumes and job applications contain [Read More…]

Prepare for Notifications with our ACA Subsidy Toolkit for Employers

While many HR and benefits professionals have been heads down and busy working on getting important tax forms out the door, a record-breaking open enrollment season has just ended on the Affordable Care Act (ACA) Marketplaces. So, why is this important? Employers will need to be prepared to receive ACA subsidy notices, likely in larger volumes [Read More…]

Equifax and Fiserv Join to Provide Income and Employment Verification Services to Auto Lenders

Equifax announced today that Fiserv, a leading global provider of financial services technology solutions, has built an interface between The Work Number®, provided by Equifax Workforce Solutions, a business unit of Equifax, and Automotive Loan Origination System from Fiserv. Together, the solutions provide faster and more robust income and employment verifications to their customers.  Refreshed [Read More…]

Income and Verifications Solution, The Work Number®, Expands Reach with Integration into Digital Matrix Systems, Inc. Platform

Equifax announced today that Digital Matrix Systems (DMS), a leading risk management solution provider, has established connectivity to The Work Number® to provide income and employment verifications to DMS clients. Equifax Workforce Solutions, a business unit of Equifax, provides The Work Number®. Refreshed each pay period, The Work Number® is the largest database of income [Read More…]

UPS: Simplifying Employment Verifications for Employers

Employees encounter life events and financial choices as consumers, such as buying a home or car that require the verification of employment and/or income. UPS relies on verifications through The Work Number® database from Equifax Workforce Solutions for instant employment and income verifications 24/7. Working with Equifax Workforce Solutions has made it easier for UPS [Read More…]

Whitepaper | What you need to know about the Work Opportunity Tax Credit

Overview of the Work Opportunity Tax Credit program The federal Work Opportunity Tax Credit reduces the federal income tax liability of companies that employ people considered to face certain barriers to employment. The program was designed to promote hiring of targeted groups; among them veterans, people with disabilities, and people who receive food stamps or [Read More…]

Verifications Bulletin: California Assembly Bill No. 1676 – Wage Discrimination

Situation In January 2016, the California Fair Pay Act became law, creating new gender pay equity protections under Labor Code section 1197.5. This Act was created to address the persistent gender wage gap and inequality in California and sets legislation in place to ensure that employers do not “pay any of its employees at wage [Read More…]

ACA Update: Election Aside, 2016 Reporting Requirements Remain

While there has been significant speculation about how the results of the 2016 election will impact ACA, the current regulations and accompanying penalties are still in place. The new administration would have a difficult time making any significant changes before the January 31, 2017 deadline to furnish 1095-Cs to employees and enrolled individuals. The Republican [Read More…]