{"id":127164,"date":"2025-06-25T07:00:16","date_gmt":"2025-06-25T11:00:16","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=127164"},"modified":"2025-06-24T18:38:38","modified_gmt":"2025-06-24T22:38:38","slug":"argyle-expands-verification-platform-to-include-verification-of-assets-powered-by-mastercard-open-finance-technology","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/argyle-expands-verification-platform-to-include-verification-of-assets-powered-by-mastercard-open-finance-technology\/","title":{"rendered":"Argyle expands verification platform to include verification of assets powered by Mastercard open finance technology"},"content":{"rendered":"<p>NEW YORK CITY, N.Y., June 25, 2025 (SEND2PRESS NEWSWIRE) &#8212; <a href=\"https:\/\/argyle.com\/\">Argyle<\/a>, a service provider automating income and employment verifications for some of the largest lenders and tenant screening platforms in the United States, today announced the availability of verification of assets powered by <a href=\"https:\/\/www.mastercard.us\/en-us.html\">Mastercard<\/a>\u2019s open finance technology. The expanded offering enables lenders to confirm borrowers\u2019 balances, cash-to-close and cash-flow history alongside income and employment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.send2press.com\/wire\/images\/24-0625-s2p-argyle-finicity-800x600.jpg\" alt=\"Argyle and Finicity\" width=\"800\" height=\"600\" class=\"alignnone size-full wp-image-127148\" srcset=\"https:\/\/www.send2press.com\/wire\/images\/24-0625-s2p-argyle-finicity-800x600.jpg 800w, https:\/\/www.send2press.com\/wire\/images\/24-0625-s2p-argyle-finicity-800x600-400x300.jpg 400w, https:\/\/www.send2press.com\/wire\/images\/24-0625-s2p-argyle-finicity-800x600-200x150.jpg 200w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/><em>Image caption: Argyle expands verification platform to include verification of assets powered by Mastercard open finance technology.<\/em><\/p>\n<p>By pairing direct-source banking data from Mastercard\u2019s U.S. open finance arm Finicity with Argyle\u2019s payroll connections, service providers can consolidate their verification of assets, income and employment under a single provider, reducing manual document collection and accelerating verifications. The new solution offers Argyle\u2019s customers unique advantages:<\/p>\n<ul>\n<li><strong>Frictionless delivery: <\/strong>Asset, income and employment verifications can be embedded directly in the loan application process at the point of sale (POS), helping lenders evaluate borrowers quickly and efficiently. Reports are generated in seconds and arrive in a GSE\u2011accepted format.<\/li>\n<\/ul>\n<ul>\n<li><strong>Rent payment history: <\/strong>Service providers can access up to 24 months of transaction history, enabling the use of rent payment history and cash flow trends in underwriting or applicant decisions. This expanded view of consumer financial behavior supports credit access for first-time homebuyers and borrowers who may lack traditional credit histories.<\/li>\n<\/ul>\n<ul>\n<li><strong>Centralized support: <\/strong>Argyle\u2019s support team ensures service providers benefit from a streamlined service across all verification types, including payroll, banking and document-based workflows.<\/li>\n<\/ul>\n<p>\u201cThis expansion of Argyle\u2019s platform enables customers to satisfy every major verification requirement\u2014income, employment and assets\u2014through one streamlined relationship,\u201d said John Hardesty, vice president of mortgage at Argyle. \u201cLenders gain comprehensive insights into their consumers, maximize their verification waterfall conversion and receive world-class service from a centralized team\u2014getting the support they need from a single, trusted partner.\u201d<\/p>\n<p>\u201cBorrowers and lenders alike expect seamless, efficient digital experiences\u2014including their verification services,\u201d said Bart Willaert, executive vice president of open banking, Americas at Mastercard. \u201cOur open finance solutions simplify the process for everyone involved while expanding access to credit for those traditionally underserved. We\u2019re thrilled to broaden these opportunities through our collaboration with Argyle.\u201d<\/p>\n<p>VOA is available immediately to new and existing Argyle customers across mortgage, tenant screening and personal lending. To learn more or request a demo, visit <a href=\"https:\/\/argyle.com\/contact-sales\/\">https:\/\/argyle.com\/contact-sales\/<\/a>.<\/p>\n<p><strong>About Argyle:<\/strong><\/p>\n<p>Argyle is the leading provider of direct-source, consumer-permissioned verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers\u2019 payroll and financial accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs, and build better borrower experiences. As an authorized report supplier for Fannie Mae\u2019s Desktop Underwriter\u00ae validation service and an approved service provider supporting Freddie Mac\u2019s Loan Product Advisor\u00ae asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers\u2019 ability to pay and improve loan quality\u2014all at 80% less cost. Argyle\u2019s commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr and Rockefeller Asset Management. For more information on Argyle\u2019s industry-leading verification platform, visit <a href=\"https:\/\/argyle.com\/\">https:\/\/argyle.com\/<\/a>.<\/p>\n<p>Tags: @withArgyle @mastercard #openbanking #mortgagetech #fintechinnovation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK CITY, Utah, June 25, 2025 (SEND2PRESS NEWSWIRE) &#8212; Argyle, a service provider automating income and employment verifications for some of the largest lenders and tenant screening platforms in the United States, today announced the availability of verification of assets powered by Mastercard&#8217;s open finance technology. The expanded offering enables lenders to confirm borrowers&#8217; balances, cash-to-close and cash-flow history alongside income and employment.<\/p>\n","protected":false},"author":9735,"featured_media":127148,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10711,12804,1,38,39,8,6,5],"tags":[205],"class_list":["post-127164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","category-ap","category-business-news","category-finance-news","category-mortgage-news","category-new-york-news","category-software-news","category-technology-news","tag-depthpr","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":7106,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/127164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9735"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=127164"}],"version-history":[{"count":4,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/127164\/revisions"}],"predecessor-version":[{"id":127168,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/127164\/revisions\/127168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/127148"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=127164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=127164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=127164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}