Leading software provider introduces biometric technology as
the first step in the resident screening process
SANTA BARBARA, Calif.,
June 25, 2024 /CNW/ -- In
response to the increase in fraudulent applications in multifamily
rentals, Yardi® has launched ID Verify for Yardi Breeze® Premier
clients in the United States and
Canada. The use of biometrics is
emerging as a standard screening practice in North America, as it allows property managers
to confirm applicant identities before scheduling a tour.
Employing ID Verify as the initial step in the resident
screening process provides Breeze Premier clients with a higher
level of fraud prevention. Prospective renters simply
upload a selfie and a photo of a government-issued identification
document to the cloud. Then ID Verify detects fake IDs and
validates real identities, ensuring a secure and reliable screening
process. The new technology can also manage resident, visitor and
vendor access, enhancing community security.
When paired with ScreeningWorks® Pro in the United States or Yardi® Resident Screening
in Canada, property managers
centralize resident screening data with their property data. This
single source of truth provides multifamily businesses with a
deeper understanding of who they're renting to, ensuring greater
confidence and quality in resident selection.
"Rising fraud increases the risks of bad debt,"
said Peter Altobelli, vice president
and general manager of Yardi Canada Ltd." However, we're optimistic
that ID Verify will safeguard the future of the multifamily market
when implemented as the first step in the resident screening
process."
Book a demo to learn more about ID Verify and how it will
benefit your property management business.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops
industry-leading software for all types and sizes of real estate
companies across the world. With over 9,000 employees, Yardi is
working with our clients to drive significant innovation in the
real estate industry. For more information on how Yardi is
Energized for Tomorrow, visit yardi.com.
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SOURCE Yardi