Factual Data®, a leading provider of credit and verification services for the mortgage lending industry, announced that lenders using the Finastra Originate Mortgagebot POS platform can now access FailSafe® Protected Prefill alongside the platform’s existing credit integration with Factual Data.
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“By making Protected Prefill available through this integration, we’re helping lenders access reliable data earlier in the process—supporting more efficient lending and enhanced affordability.”
Protected Prefill, a feature of Innovis FailSafe, is a solution that uses consumer data from Innovis® to confirm an applicant’s identity and automatically populate key fields in a mortgage application—helping to reduce manual entry, mitigate fraud risk, and streamline the applicant onboarding experience.
As digital mortgage applications continue to increase, lenders are under pressure to control costs while maintaining strong identity verification and fraud prevention practices. Using Innovis data at the beginning of the loan journey can help lenders improve workflow efficiency, reduce unnecessary downstream costs, and create a faster, smoother application experience.
“Lenders continue to look for ways to control costs while improving the applicant experience,” said Reno D’Water, President of Factual Data. “By making Protected Prefill available through this integration, we’re helping lenders access reliable data earlier in the process—supporting more efficient lending and enhanced affordability.”
“Innovis FailSafe has already helped financial institutions streamline identity verification and application data capture in the credit card and auto lending markets,” said Matt Patterson, President of Innovis. “Extending this capability to mortgage point-of-sale origination through integrations like this is a natural next step in improving the mortgage application experience for both lenders and applicants.”
“We’re pleased to work with Innovis and Factual Data to bring this capability to lenders,” said MaryKay Theriault, Senior Director of Product Management at Finastra. “Providing seamless access to Innovis-powered prefill data alongside credit services from Factual Data can help lenders streamline operations.”
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