---
title: "Bank Income Verification | Truv"
category: Products
url: "https://truv.com/products/bank-income-verification"
description: "Bank income verification using direct connections to 14,000+ financial institutions. AI-driven deposit detection for income analysis when payroll connections are unavailable."
---

# Bank Income Verification

Verify income from bank transaction data when a direct payroll connection isn't available. Truv extracts predictable income streams, classifies deposits by source, and applies real gross-up logic — turning raw transactions into underwriting-ready income figures.

- **URL:** https://truv.com/products/bank-income-verification
- **Contact:** https://truv.com/contact-sales

## What Truv Provides

### Direct Connections to 14,000+ Financial Institutions

Consumer-permissioned access to checking, savings, and other deposit accounts across the U.S. retail-banking landscape. Used standalone or as part of a verification waterfall after payroll.

### Predictable Income Detection

Identifies recurring income streams from raw transaction data instead of relying on surface-level parsing. Increases approvals by surfacing verifiable income that wouldn't appear in payroll databases.

### Verified Gross Income with Real Gross-Up Logic

Models trained on 113M+ transactions calculate gross income from observed net deposits — not heuristic estimates. Outputs are designed for direct use in underwriting and DTI calculations.

### Deposit Classification (11+ Income Types)

Detects payroll, gig, government benefits, rental, retirement, alimony, and other income types with 0.99 AUC pay-frequency precision.

### Configurable Flow

Embed Choice Connect® for borrower-led verification or Smart Routing® for automated method sequencing. Deploy as a standalone API or as one source in a unified waterfall alongside payroll and document upload.

## Key Differentiators

- **Coverage:** Verify predictable income streams from 14,000+ financial institutions.
- **Data Accuracy:** Real gross-up logic, not surface-level transaction parsing.
- **Data Quality:** 11+ classified income types with high pay-frequency precision.
- **Customization:** Borrower-led or auto-sequenced flows; standalone or waterfalled.
- **Conversion:** Borrower-optimized flow grows volume without added friction.
- **Compliance:** SOC 2 Type II compliant; FCRA-compliant consumer-permissioned data.

## Industries Served

Consumer lenders, auto lenders, and home equity lenders.

## Related Pages

- [Income Verification](https://truv.com/income-verification)
- [Document Fraud Detection](https://truv.com/products/document-fraud-detection)
- [Paycheck Pay](https://truv.com/products/paycheck-pay)
- [Scoring Attributes](https://truv.com/products/scoring-attributes)
- [Financial Accounts Coverage](https://truv.com/coverage/financial-accounts)
- [Truv Bridge](https://truv.com/platform/truv-bridge)
- [Waterfall](https://truv.com/platform/waterfall)
- [Consumer Lending](https://truv.com/solutions/consumer-lending)
- [Auto Lending](https://truv.com/solutions/auto-lending)
- [Contact Sales](https://truv.com/contact-sales)