TransUnion has forged a strategic partnership with Snappt, a recognized leader in multifamily fraud detection and income verification. This collaboration integrates Snappt’s Applicant Trust Platform™ with TransUnion’s TruVision™ Resident Screening. The objective is to streamline property management processes, particularly income verification, leading to more confident leasing decisions.
Details of the Partnership
This partnership marks a significant step in enhancing integrated verification throughout the leasing process. Kyle Nelson, Vice President of Corporate Strategy at Snappt, emphasized the importance of integrated solutions for property managers. He acknowledged TransUnion’s longstanding reputation in the background screening sector.
- Snappt’s Role: Provides advanced income verification solutions and effective fraud detection.
- TransUnion’s Expertise: Offers comprehensive rental screening tools, including the proprietary Resident Score.
Benefits of the Collaboration
With this new alliance, TransUnion customers will access Snappt’s sophisticated income verification tools directly within the TruVision workflow. This integration aims to deliver greater efficiency in tenant screening and leasing processes.
Maitri Johnson, Senior Vice President at TransUnion, noted that this collaboration is advantageous for both companies’ clientele. By merging their capabilities, TransUnion and Snappt can provide enhanced solutions that instill confidence in property management operations.
About Snappt
Snappt is the leading platform in the multifamily sector, safeguarding over 2.3 million units. The platform combines advanced fraud detection, identity checks, and verification of income into one comprehensive solution. This approach enhances transparency and reduces risks for property managers, preventing potential bad debt and ensuring community safety. Snappt has also been recognized on the Inc. 5000 list for two consecutive years.
About TransUnion
TransUnion operates in more than 30 countries and employs over 13,000 associates. The company focuses on providing reliable insights to strengthen trust in the marketplace. Through various acquisitions and technological advancements, TransUnion extends its services beyond credit, encompassing risk management, fraud detection, and advanced analytics. This commitment aims to empower consumers and businesses alike.
The partnership between TransUnion and Snappt holds the potential to significantly enhance efficiency in multifamily leasing, ultimately benefiting property managers and tenants alike.
