Verification Exchange™ offers a secure, discreet, consent-based way to get your information to verifiers for faster decisions.

Trusted Data Management And Security

Your personal information is protected through a secure information transfer and can be retrieved only by contracted, credentialed verifiers, or verifiers you provide your authorization code to.
Verifications are handled in-house, meaning Equifax manages all data, the verification fulfillment, and our own call centre. Stringent security controls keep your data safe.
Our operations are compliant with General Data Protection Regulation (GDPR), which ensures employees have access to their verification request history and a method for recourse if they have a dispute with the verification.
Employment and income verifications are available instantly at any time so you can apply for credit, housing, government assistance, and other benefits when it is most convenient and skip the wait for the verification to be completed.

Why Verification Exchange?

Less Hassle for Employers

Agencies and organisations requesting verifications no longer need to contact employers directly, leading to fewer manual verification requests to manage, and lower associated administrative costs and burdens.

Faster Information for Verifiers

Verifiers are able to make quicker, more informed decisions while reducing fraud and increasing compliance. Instant access to information means loans can be approved in less time, government benefits can be issued sooner, and job offers can be sent faster.

Convenience and Peace of Mind for You

Your data is kept secure and exposure to unauthorised access is mitigated. With seamless information transfer between employers and verifiers, important decisions can be expedited without additional action needed from you.

Frequently Asked Questions

When an employer decides to use Verification Exchange, a secure account is created for each employee. All of the features that your employer (or former employer) has decided to offer are already set up.

Yes. Our website uses secure encryption technology, such as Transport Layer Security (TLS), to help protect your personal information. We adhere to stringent data security standards combined with physical security controls to protect the data and assets in our data centre(s).

No. You have to give someone authorisation to get your income information from the service. There are numerous ways in which you can give someone authorisation to access your income information. The verifier must have your consent. A typical way is by signing an authorisation form when applying for a loan. Or, you may validate your identity and obtain a one-time authorisation code to share directly with the verifier to access your employment data.

Verification Exchange provides different "types" of verifications for different purposes. For example, if you are looking for a job, your future employer might want to check your past employment while a mortgage lender will typically need to verify your income before giving you a loan. If you apply for social services from a governmental agency, they too will need an enhanced verification. Verification Exchange can meet each of these needs.

Connect Your Employer
If your employer is not currently utilising Verification Exchange, let us know. We’ll reach out to see if they’re interested in our services.