S4 E03: Income Verification Deep Dive

Income verification sits at the heart of fraud prevention—and it’s getting harder. In this episode of Tech Talk with 20for20, Dom Beveridge is joined by Sarah-Jane Milliren (Aldon Management), Mark Fiebig (Payscore) and Tim Ray (Verifast), to unpack what income verification really involves, why it’s so technically complex, and how it’s changing with the rise of gig work, open banking, and automation.

The panel explores:

• The five income types: Payroll, government benefits, gig work, side-hustle deposits, and assets—all with different levels of reliability and verification methods.

• Bank linking vs. documents: Direct bank access provides faster, cleaner data, while documents remain necessary for certain edge cases. The best systems use a waterfall approach that blends both.

• Fraud prevention through transparency: Fraudsters often self-select out of processes that require real bank connections—making direct access itself a deterrent.

• User experience and adoption: Renters are increasingly comfortable linking bank or payroll accounts, and companies find the process improves speed, accuracy, and trust.

• Algorithmic judgment: Modern tools don’t just verify deposits—they interpret patterns, distinguish recurring from one-off income, and adjust for market and property-specific policies.

Sponsors for this episode:

Western Reporting, resident screening and income verification  by Inhabit

EliseAI, AI-driven automation that helps streamline communications and improve operational efficiency.

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Connect with Dom Beveridge (Principal, 20for20) via LinkedIn, or email to [e-mail].

Our theme, “Beautiful Geometry” by Phish Funk is licensed under a Attribution-NonCommercial 3.0 International License.