Data Stockyard
Data Stockyard is the wholesale source for reliable employment verification solutions for consumer reporting agencies. Access IVES income verification direct from the IRS and biometric validation of government-issued IDs.
ROUND IT UP
Income Verification Express Service (IVES)
IVES allows individuals to authorize release of personal historical Forms W-2 and 1099 info to banks, mortgage companies or consumer reporting agencies. The IRS only allows the release after the individual gives electronic consent to a specific request. The resulting information comes instantaneously from the IRS database and includes information from up to the last 10 tax years. IVES is an IRS program and is entirely compliant with state and federal regulations.
Identity Validation
Data Stockyard’s ID validation tool integrates into HR workflows to verify a person’s identity, plus, it reduces manual errors and speeds up onboarding. More key benefits:
- Enhanced Security: Verifying a candidate’s identity helps ensure the person being hired is who they claim to be.
- Regulatory Compliance: In many industries — such as finance and healthcare — employers are legally required to verify the identity of employees to comply with certain regulations.
- Prevention of Workplace Fraud: Fake identities can be used to gain employment for illicit purposes, such as corporate theft.
