Experian expands verification capabilities in the UK with Konfir

Experian (EXPGY) announced the expansion of its verification capabilities in the UK with the addition of Konfir. Verification remains a challenge for many consumers during key life events. When confirming income or employment, or applying for finance, people are still required to complete checks that rely on slow, manual steps. These processes cause delays and disrupt the seamless digital experiences customers now expect. Konfir delivers digital verification by combining Open Banking, Payroll and Tax data to give employers, landlords and lenders clear insight into income and up to six years of employment history. Available in the financial services, tenant and employment markets, the integration further reinforces Experian’s current capability, enabling quicker checks, stronger fraud controls and more efficient operations for clients. The addition of Konfir also supports Experian’s permissions-based data strategy and brings in a team with deep experience, who are already delivering these services at scale to over 6,000 businesses in the UK.