Banking API — Payroll
Bank Transaction-Based Employment Verification Without Employer Contact
Confirm employment status using recurring bank transaction patterns instead of contacting employers. Fiskil's employment confirmation API identifies active employment through salary deposit regularity, employer name matching, and payment consistency.
Traditional employment verification requires contacting employers directly — a process that is slow, inconsistent, and often impossible for contractors or small-business employees. Fiskil takes a different approach: by analysing recurring salary deposits in bank transaction data under CDR consent, employment can be confirmed in seconds without any employer involvement. Recurring payments from an identifiable employer serve as direct evidence of an active employment relationship.
The Challenge
Relying on employers to confirm employment creates bottlenecks, privacy concerns, and gaps for non-traditional workers.
The Solution
Fiskil analyses bank transaction patterns to confirm active employment. Recurring salary deposits from an identifiable source constitute verifiable proof of employment without requiring any employer interaction.
Capabilities
How Fiskil Helps
Active Employment Detection
Determine whether an individual is currently employed by identifying ongoing, regular salary deposits within the most recent pay periods. Gaps in deposits trigger flags for further review.
Employment Duration Estimation
Calculate approximate employment tenure by tracing recurring deposits from the same employer back through available transaction history, up to 12 months under CDR.
Employer Name Extraction
Parse and normalise employer names from transaction descriptions to provide a verified employer identity. Handles common abbreviations and payroll processor names.
Employment Continuity Scoring
Assess the regularity and consistency of salary deposits to produce an employment continuity score. Continuous, on-schedule payments score highest; irregular patterns are flagged.
Implementation
How It Works
Collect CDR Consent
The individual authorises access to their bank transaction data through Fiskil's CDR consent flow. Only transaction read scope is required.
Analyse Recent Transactions
Retrieve 3-6 months of transaction history and submit it to the employment detection endpoint. The API scans for recurring deposit patterns consistent with employment.
Review Employment Report
Receive a structured employment report including employer name, estimated start date, pay frequency, most recent deposit date, and continuity score.
Apply to Decision Logic
Feed the employment confirmation result into your downstream process — lending decisions, tenancy applications, background checks, or compliance assessments.
In Practice
How Teams Use This
Tenant Screening Service
A property management company uses transaction-based employment confirmation to verify that rental applicants are actively employed, replacing manual employer reference checks.
Screening turnaround reduced from 5 days to same-day, with 80% fewer incomplete applications due to employer non-response.
Consumer Lender
A personal loan provider confirms employment status as part of responsible lending checks, using bank data instead of requesting employment letters from applicants.
Loan application abandonment dropped by 25% after removing the requirement for applicants to obtain employer letters.
Background Check Provider
A background screening company adds transaction-based employment confirmation as an additional verification layer alongside traditional methods.
Detected 12% of applicants with misrepresented employment status that traditional document checks had missed.
Technical Details
What You Integrate With
API endpoints
GET /v1/accounts/{accountId}/transactionsPOST /v1/income/detectGET /v1/income/employerGET /v1/income/employment-status
Data returned
Employment status (active, inactive, uncertain)
Employer name
Estimated employment start date
Pay frequency
Employment continuity score
Authorisation
OAuth 2.0 / CDR consent
Real-time data access.
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FAQs
Related Use Cases
Lending
Affordability Check
Calculate loan affordability using real cash flow data. Ensure responsible lending with automated affordability checks based on income, expenses, and existing commitments.
Payroll
Salary Verification
Detect and verify salary deposits automatically using transaction pattern recognition. Fiskil's salary verification API identifies employer payments, pay frequency, and deposit amounts with 95%+ accuracy for regular salary earners.
Payroll
Income Analysis
Analyse all income sources from bank transactions — salary, freelance, rental, government benefits, and investment returns. Fiskil's income analysis API provides a comprehensive income profile from up to 12 months of CDR transaction data.
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