Sikoia has formed a new partnership with Experian, in a bid to streamline and modernise income and employment verification.
By deploying Sikoia’s AI-powered document processing technology as part of its suite of verification services and solutions, Experian can now automate extraction and verification of key customer information directly from submitted documents.
Experian offers a host of verification solutions including payroll data access, automated document processing, the digitisation of payslips, bank statements, and tax returns, in addition to Open Banking and HMRC open data connections.
Manual checks remain common in financial services, particularly in areas like mortgage and credit applications, where verifying income and employment typically takes around 30 minutes per case – though complex cases often take considerably longer.
This partnership aims to reduce that burden by delivering faster, consistent, and fully automated verification, improving decision-making and the overall experience for lenders, intermediaries, and customers alike.
Alexis Rog, Founder and CEO of Sikoia, said: “At Sikoia, we believe in offering customers a flexible range of solutions that align with their existing preferences and processes. In many cases, customer-provided documents are still required, and data can’t be verified automatically.
“That’s where Sikoia’s technology makes a real difference – bringing AI-powered automation to traditionally manual tasks. We’re excited to partner with Experian to help drive greater efficiency and superior income and employment verification across the industry.”
David Bates, managing director, credit and verification services at Experian UK&I, said: “Experian’s Verification Platform is driving great value and benefits for both employers and their employees and Sikoia technology will help drive further automation.
“It boosts financial inclusion by reducing barriers and friction in the journey, helping people confirm their income and employment records as fast as possible.”
