Verification Exchange®

Fast employment and income verifications

Proof of employment and income is often a vital component of looking into the background of a potential employee to assess their suitability for employment. However, waiting for individuals and employers to provide the required documentation can significantly slow down the process.

Verification Exchange® helps streamline this process with our platform directly connected to employers and payroll providers to provide the latest and accurate information on employment status and history as well as income details.

Our solution is consent driven and secure, using globally recognised standards in security and data management. It helps you speed up the verification process, improve efficiencies and reduce your cost overheads.

The Verification Exchange® sources data directly from employers and payroll partners, ensuring the data is up to date and comprehensive. We provide details of the last 6 pay periods, a complete breakdown of base pay, bonuses, overtime, and hourly rates as well as details of employment such as job title and dates for each role.

HOW IT WORKS

STEP ONE

You complete the Verification Exchange® on-boarding process to ensure privacy, consent and data security standards are maintained.

STEP TWO

Simply call the Verification Exchange® support team at 1300 598 889 with the details of the employers, employees and proof of consent from the individuals in the form we require.

STEP THREE

After we confirm the identity, employers, and the consent of the individual, we create the required employment and/or income reports.

STEP FOUR

The employment and/or income reports link will then be sent to your registered email to be downloaded securely from Equifax.

Download instructions and FAQs

SUPPORT

If you need help using the service or want to learn more about the Verification Exchange®, please contact us at support.au.ve@equifax.com or 1300 598 889

Please note that we only provide verifications for employees whose data has been successfully linked into the Verification Exchange®. We are not responsible for the nature or accuracy of employee data we provide, so if there are any data disputes from the employee, we will direct them to the employer.

For more information on how we collect, use and disclose personal information, read our Collection Statement