We are #1 for a reason
Discover why we stand out as the most reliable and precise system in the fight against fraud.
- We catch 99.8% of edited documents, an accuracy rate that is unmatched in the industry
- FCRA and Fair Housing Compliant. Independent applicant-agnostic view that mitigates Fair Housing or discrimination issues
- SOC2-certified, we are impeccable stewards of your customers’ data
- 8 of the top 10 property management firms use and recommend our solution, making us the industry leader in document fraud detection
- Simple to Use. 99.7% of all applicants supply correct documentation, proving it both works, and is indiscriminate
+4,000,000 documents scanned enabling an unparalleled degree of accuracy in our AI engine
We used to vet applications by hand. That took so much time that we had many applicants go elsewhere before we could approve them. With Snappt, we have an answer in less than an hour.
I’ve been telling everyone I know about Snappt. If you think you don’t have fraud, you’re wrong. With Snappt you see how much you missed!
I was so impressed with Snappt I launched the program across my entire portfolio, and seeing how many fraudulent applications Snappt catches monthly never ceases to amaze me. Thanks to Snappt, our process is much more streamlined. Highly recommended!
Lincoln Property Company
Love it! First time ever that I had an ATL lease-up at 90%+ with $50 delinquent.
Snappt is amazing fraud detection software that has saved every investor I work with. I am now with a new management company that is adding Snappt to their programs and I am SUPER excited to work with the Snappt team once again. This service pays for itself 300%. I cannot express how imperative this fraud detection is!
Burano Hunterʻs Creek
I wanted to take a moment and say Thank You for the wonderful service you guys provide. We were able to set a record lease up and there hasnʻt been a single fraudulent tenants slip through. Itʻs made the property a breeze to manage. We can’t live without Snappt.
Eurus at Miramar
When the Federal moratoriums were lifted the increase in fraudulent applicants has been astounding. Not only does Snappt save us the high expense of an eviction, but the manpower costs are worth highlighting as well. My teams no longer have the burden of playing detective. Such a fantastic product.
I have been using Snappt for over a year now and I don’t have to worry about my screening process anymore. Snappt just works.
Honestly, it’s one of the few services I have no complaints about! Just works amazingly well.
Snappt has deterred significant fraudulent applicants from living at our community. We are so relieved we utilize this service. It makes my entire team look good.
Paramount Platinum Triangle
Snappt has been a game changer.
Snappt verifies the proof of income within hours! Love it. It has taken so much of the investigative process off of the site team. Not to mention the response from the client when the documents don’t pass at times is priceless.
Snappt is simple, inexpensive and accurate. Our onsite team is happy, and that means Catalyst is happy.
I am thrilled with the product and the service. This is a MUST have for every property management company!
Director of Property Management
Wow! Thank you for great service! I would like to think I could tell when there’s fraud involved, but not this time, which makes this specific case a prime example of why we need your services. I’m happy and thankful that you saved us from a big problem down the road!
Snappt has helped us catch countless fraud applications, which immediately translates to ten’s of thousands of dollars saved, and less of a headache for us as a staff.
In the wake of the pandemic, our company experienced an influx of what seemed to be altered and fraudulent financial documents. Snappt provided our teams with the tools to identify fraudulent applicants, and therefore reduce potential evictions and delinquent rent. Snappt has become an integral part of our application and qualification process.
VP of Operations & Resource Development, ResMan Customer
You’re not bad at your job
Applicants are gaming the system. They modify their bank statement, pay stubs, and any document to make themselves appear to be a better financial risk. A simple edit: instead of $52,000, BAM! They now earn $152,000. So they get by you. What’s worse is they’re 7x more likely to cause bad debt. 7x! Argggh! That causes you more stress and makes it look like you’re bad at your job. And you’re not.
Document fraud is big business
It’s not your fault
There are thousands of ways to produce fake documents, whole companies dedicated to producing them, and the docs are impossible to detect with the naked eye. If you only knew who was submitting them, you could stop the stress, anxiety, and frustration. We know who – 99.8% of the time.
We have fun catching them. So when you see a Snappt logo, that is us fighting for you. We’ll protect you and everyone whose job relies on screening documents, so you can be sure when we say a document is authentic, you can take that to the bank.
Modern Fraudsters outmatch Leasing Teams
How Serious is the Threat?
- 50% of evictions in Metro Markets are a result of application fraud
- $16B in losses each year from application fraud
- 80% of properties have experienced application fraud over 20 times
- +2.7M Eviction filings per year 1 in 17 rental units
What about Credit Scores, ID Verification, and Bank Linking? Don’t they stop fraud?
No they don't. Here's why:
ID Verification is great to ensure the person applying is who they say they are, but that doesn’t mean they are honest. ID verification is great to use with document fraud detection, but not as a substitute for it. If they match the names on their documents, we scan them, and they are clean. You are good to go!
Bank Account Linking
Bank Account Linking technologies such as Plaid or Finicity are even more useless in detecting fraud. Why? You cannot legally require someone to use them. That is why they only have around 38% utilization. All someone has to do is click “No” twice, and they have opted out of using Bank Linking. Because someone intending fraud through misrepresenting their financial situation would never opt-in to such technologies, it catches exactly 0% of those intending fraud.
OCR (Optical Character Recognition) can never, and will never be able to accurately detect a significant amount of fraud. Why? With only your web browser, you can HTML edit what your bank account says it has in it. Take a screenshot of that, or print it to a PDF, and you can produce a pixel-perfect undetectable copy that is impossible for OCR to detect. What is worse is anyone at any skill level can learn to do that in 30 seconds.
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Let’s stop fraud today
Customers love Snappt
Our Net Promoter Score (NPS) is industry leading. People really love us. Except for the fraudsters…
- Equifax: -18
- TransUnion: -4
- Experion: -10
- Plaid: 13
- Finicity: 28
- CheckPoint ID: 33