Trusted Data Management And Security
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.