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
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
Snappt is accurate
99.8% accuracy in detecting fraud
What about Credit Scores, ID Verification, and Bank Linking? Don’t they stop fraud?
No they don't. Here's why:
ID Verification
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
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.
Connect with us
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
Trusted by the nation’s top property management companies including:
Stop Fraud & Reduce Evictions
Learn how we can reduce your evictions + bad debt by 51%. Average 5x ROI puts money back into your properties.