Product Sheet | Financial Services

Get Additional Data with The Work Number ID

Quickly verify the identity of loan or job applicants when applying for credit by leveraging employer-provided data.

The Work Number ID leverages proprietary information to verify whether an applicant-provided Social Security Number (SSN) matches against a name and SSN on The Work Number database – so you have assurance early in the credit, loan or job application cycle.

 

Overcome the challenge of identity verification

  • Quickly verify applicants’ identities when applying for credit by leveraging employer-provided data.
  • Gain additional data on applicants with little to no information who may be otherwise rejected. 
  • Help your businesses assess risk while making prompt, more informed decisions during the account opening process. 
  • Reduce the high costs of manual reviews.

 

What I need to know about The Work Number ID?

More than 100 million unique identities, and growing, are in The Work Number database More than 100 million unique identities, and growing, are in The Work Number database

Matches the applicant-provided SSN and name against payroll records provided by employers

 

How it works

It’s simple — submit a file containing the applicant’s first name, last name and SSN. Next, an output will be returned as a “Match” (name and SSN), “No-Match” (discrepancy with name and SSN) or a “No Hit” (no such SSN found in The Work Number database). 

 

The proof is in the numbers

A leading telecommunications provider used The Work Number ID during its credit account opening process. It helped the company mitigate the expense of a manual review when an identity match was available. These were the results*:

 

To learn more about The Work Number ID from Equifax Workforce Solutions, download the full PDF or contact us.