Snappt vs. Vero: Which is Best For Your Business?

Looking for fraud detection services to help protect your business from bad tenants, costly evictions, and fraudulent tenants? Trust is everything.

You’re not just looking for the right technology and services—you need a partner who will help prevent fraudulent applicants from becoming nightmare tenants, provide protection for your property, and offer technology that saves your team time.

Snappt and VERO are well-known options for both fraud detection and identity verification. So, which one is right for you? We’re exploring Snappt and VERO’s key features and functionalities so you can choose which makes the most sense for your unique needs.

Company Overviews

While Snappt offers comprehensive fraud detection and ID and income verification, VERO provides more basic protections against fraud and verification services. Let’s take a look at how they differ.

Snappt

Snappt is the top fraud detection and verification platform for multi-family property managers. It was founded in 2019 and quickly became a trusted partner in the rental industry, thanks to its 99.8% accuracy rate for document verification. 

Powered by artificial intelligence (AI), Snappt quickly identifies and flags fake bank statements, forged IDs, and other fraudulent documents that can lead to bad tenants, evictions, and unnecessary risk.

Its proprietary fraud detection AI is trained on over 13 million documents and analyzes 10,000+ document features against its growing database of over 2,000 known fraudulent document types. It can also scan thousands of ID types across 200+ countries and territories.

Snappt’s comprehensive solutions protect your business from fraud at every stage of the leasing process, including a threat list check and Know Your Business (KYB) check. 

And Snappt is the only fraud detection company to conduct proactive fraud forensics research, allowing the Snappt team to stay ahead of payroll and application fraud. 

VERO

VERO was founded in 2018 and rolled out its fraud detection offering in 2023. It quickly verifies an applicant’s employment and income, increasing efficiency and speeding up the tenant screening process. Its centralized platform can turn around a leasing decision in one day, boosting leasing velocity by as much as 97%.

VERO’s fraud detection capabilities involve biometric identity verification, employment and asset verification, and background checks. VERO typically works with property management companies—like Lennar, Gables Residential, and Camden—and landlords to increase visibility across the application cycle and protect properties.

Core Technology and Features

Fraud detection has never been more crucial than today, as fraud techniques become increasingly sophisticated. While both Snappt and VERO offer fraud detection services, they have a few key differences.

Snappt

Snappt is an all-in-one fraud detection and verification platform built specifically for property managers. Its main features include:

Document fraud detection. Using proprietary AI, Snappt analyzes over 10,000 document features, flagging falsified bank statements, proof of address documents, and more. Snappt catches the most subtle signs of fraud before you approve an applicant, helping prevent welcoming bad tenants.

Income verification. Snappt’s income verification software integrates directly with 90% of US payroll providers to verify income instantly (including multi-source incomes). It validates information through the Know Your Business verification system and brings together automation with real-time payroll connectivity.

Identity verification. Snappt’s identity verification software uses advanced biometric matching and performs over 30 forensic-level security checks on 4,600+ global ID types to deliver complete identity verification in under 60 seconds. It provides clear pass/fail results and analysis.

Fraud forensics. Snappt’s dedicated Fraud Forensics team researches emerging threats, updates the platform’s proprietary threat intelligence, and shapes new features to proactively combat fraud.
The best part? Snappt’s average turnaround time on documentation rulings is 10 minutes or less. That adds up to hours (and dollars) saved, maximizing net operating income (NOI) while increasing your return on investment (ROI). 

VERO

VERO offers all-in-one solutions for owners, operators, and applicants. From tenant screening to resident retention, VERO automates operations for landlords and tenants. Its main features include:

• Prequalification. The VERO Vett tool verifies an applicant’s identity, income, cash balances, and employment before an application is submitted.

• Screening. VERO’s tenant screening helps eliminate application fraud by verifying ID and employment, validating cash balances, and running background checks before you approve an applicant.

While VERO does offer leasing workflow automation, it’s only part of the VERO PRO tier. VERO also offers the VERO1 application management service, which pairs a VERO analyst with AI-enabled components to accelerate and secure the rental application process—decreasing lead-to-lease time with a one-day turnaround.

VERO runs background and credit screenings through TransUnion. It does not independently verify applicants.

Pro tip: Before considering VERO, ask for details about its verification methods. VERO says it uses “patent-pending verification methods” with real-time data verification capabilities, but lacks any clarity around techniques. 

Integrations

Property managers need to move fast to attract and keep stellar tenants. Take too long to approve their application, and they’re gone. That’s why integrations are crucial.

If your fraud detection and income verification tools can’t fit in with your workflow, they’re costing you extra time and effort—time that should be spent serving your tenants and properties instead. Here are the integration options for Snappt and VERO.

Snappt

Snappt’s income verification technology integrates with 90% of US payroll providers, making it quick and easy for applicants to provide proof of income.

Applicants can easily connect to their payroll provider, allowing leasing teams to view a detailed (and verified) report of their income and corresponding fraud results, so they can make a decision quickly. 

Snappt also has multiple integrations and partnerships with property management software and tenant screening companies to make your vetting and approval process more straightforward than ever:

Entrata. Snappt’s fraud detection directly integrates with Entrata’s ResidentVerify screening workflow, expediting the leasing process and boosting applicant satisfaction.

RealPage. Already using RealPage OneSite? Snappt seamlessly integrates with your OneSite screening process, smoothing over the application process while preventing fraud for your team.

ResidentIQ. Snappt’s fraud detection solution is built directly into ResidentIQ via TenantTech, helping increase your confidence in screen decisions and preventing platform fatigue.

ResMan. Protect your properties from potential fraud while offering a frictionless application process with Snappt’s fraud detection’s 99.8% accuracy rate.

Yardi Voyager. Operating through Voyager and ScreeningWorks Pro, the Yardi integrations help you get leases signed faster with more reliable verification analytics.

Yardi Breeze. The Yardi Breeze integration brings Snappt’s advanced fraud detection to independent rental owners (IROs) and small-to-medium-sized management companies.

Plus, Snappt’s API documentation is available for customizable workflows, making your integration options nearly endless. You can use the API key in conjunction with Snappt’s document upload portal, fraud detection reporting, identity verification, and income verification. 

VERO

VERO doesn’t share any information about integrations. While it uses Drata for compliance efforts, there’s no API available.

Whether you’re a small property management company managing just a few rentals or a nationwide brand, you’ll want to consider how your fraud detection and income verification tools integrate with your existing tech stack. 

Without seamless integrations, the tool may become more of a hindrance than a help.

Security and Compliance

Handling highly sensitive data requires the highest level of security. Personally identifiable information (PII) is extremely sensitive—and your identity verification software should treat it as such.

It’s vital you have data encryption, security measures, and safeguards in place to prevent risk proactively and keep every step as secure as possible. 

Snappt

Snappt encrypts all data—both in motion and at rest. Snappt built its system for FCRA and it’s compliant with the Fair Housing Act to mitigate discrimination. It uses AWS for hosting, which includes multiple layers of security built directly into the system. 

Snappt is SOC2 compliant, meeting rigorous data security and confidentiality standards. Snappt takes data protection and privacy seriously, earning security certifications and backing them with other data security and privacy features like role-based access controls and secure, native API integrations. 

VERO

VERO doesn’t explicitly state how it processes and stores user data, which could be a potential red flag. A 2023 press release shares its SOC2 compliance accreditation and Drata usage toward compliance efforts. 

Customer Experience and Support

While the best fraud detection solutions are designed to be intuitive and seamless, quick and proactive support is especially helpful—and you want to know someone will be there when you really need it. 

Snappt

New Snappt accounts and users can be set up on the same day and expect personalized customer support for the initial 30-45 days and work with Snappt’s dedicated customer support team to get quick responses to any requests within one business day or less. 

And that’s not all. Snappt knows that teams need proper education to get the most out of their solution. So, Snappt offers tailored Q&A sessions designed specifically for property teams to guarantee that your staff is thoroughly prepared to leverage Snappt effectively. 

VERO

VERO offers a few customer support options, including the VEROnica chatbot for general assistance. It also has live chat that connects you with a support specialist and assistance through email. But VERO doesn’t offer live phone support.

Real-World Results

Services and features are one thing—but at the end of the day, does your fraud detection software actually live up to all its claims? Offering all the latest technology is a start, but your software needs to be able to catch legitimate fraud and run identity checks properly. Here’s how Snappt and VERO measure up.

Snappt

Snappt is all about transparency, which is why the team shares quarterly Snappt stats that cover both the overall state of the housing market and the hard numbers behind its fraud detection services. In the first quarter of 2025 alone, Snappt helped customers save over $49 million.

Here’s why else top property management companies choose Snappt:

• 99.8% accuracy rate from fraud detection software
• $509,788,125 bad debt avoided
• 3,091,968 units protected
• 2,093,508 applicants processed
• Documentation rulings in 10 minutes or less
• 4,000+ clients 

VERO

VERO doesn’t explicitly share any real-world results. Its website claims customers can gain $100 per unit per year, get 91% time back to their leasing teams from not manually verifying documents, and achieve 97% improved leasing velocity. 

Its “2023 VERO Wrapped” focuses on national housing market rates rather than VERO’s accomplishments and doesn’t share its sources. 

Final Verdict: Which Is Right for You?

Snappt is a comprehensive and trusted all-in-one fraud detection and identity verification solution. With its industry-leading fraud forensics efforts and robust proprietary AI technology, Snappt helps multifamily properties prevent bad tenants and save leasing teams both time and money through robust fraud detection and income and identity verification.

It’s SOC2-certified, giving customers the highest level of data privacy and protection. And with a proactive support and Fraud Forensics team, Snappt’s service is unmatched.

If your primary concern is pre-qualification and screening, VERO may be an option to consider. But if you want a robust solution with a 99.8% accuracy rate, Snappt is the better option. Learn more about Snappt’s fraud detection and identity verification solutions here.