Simplify Risk Assessment with Real-Time Employment Insights

Smile API ioffers real-time, user-authorized access to a wide range of verified and comprehensive employment data. It streamlines the process of employment verification by consolidating information from government , HR and payroll systems, and gig economy platforms into one\easy-to-use API. This helps organizations make informed decisions for credit scoring, risk assessment, and background checks, enhancing the accuracy and efficiency of their operations.

Smile API significantly bolsters credit decisioning, and credit approvals by providing real-time, verified employment and income data. For credit scoring, Smile API offers alternative data points that enrich traditional credit models, particularly benefiting individuals with limited credit history. During credit decisioning, the reliable data streamlines processes, enabling quicker, more informed lending decisions and minimizing default risks. Consequently, Smile API facilitates swifter credit approvals, improving the overall efficiency and security of financial transactions.

Smile API aids in fraud prevention by delivering real-time, verified employment and income data that can be used to cross-verify the information provided by applicants. By having access to such accurate data, lenders and financial institutions can detect discrepancies and red flags in applications, reducing the likelihood of fraudulent activities. This real-time validation ensures that the credentials of potential borrowers are authenticated, thereby safeguarding against identity theft and false claims of income or employment.

Smile helps with pre-employment screening by offering employers a seamless way to verify prospective employees' work history and income data, ensuring a trustworthy and comprehensive background check. With real-time access to a wide range of employment documents and data sources, Smile API helps companies mitigate hiring risks, confirm candidate qualifications, and make informed decisions quickly and efficiently, securing the integrity of the workforce and maintaining a high standard of recruitment practices.

Smile API is designed for seamless integration with existing loan underwriting and decisioning systems. It simplifies the data collection process by providing a unified API that connects directly with a variety of data sources. This integration enables lenders to access up-to-date employment information, facilitating a more streamlined, accurate, and efficient loan approval process.

Smile API stands out by offering alternative credit data alongside traditional credit bureau information, encompassing real-time employment and income data directly from various authoritative sources. This enriched data set supports a more holistic view of an individual's financial situation, enabling better credit risk assessment and decision-making.

Smile believes in the sanctity of one's privacy and that our users are the owners of their personal data, and should always be in full control when and to whom they share their data. Smile seeks to comply with all local laws around data privacy. In the Philippines, we comply with the Data Privacy Act of 2012 (RA 10173) and we help users exercise their right to Data Portability under Section 18 of the Philippine Data Privacy Act.

Smile offers two use cases: one for lenders and one for HR professionals. For lenders, our API integrates into their company's system to reduce nonperforming loans and increase adoption and conversion. For HR professionals, our automated background check solution helps them hire faster and more efficiently by reducing time spent and preventing falsified information.