Banking API — Payroll
Automated Salary Deposit Detection from Bank Transactions
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.
Salary verification has traditionally relied on payslips and employer letters — documents that are slow to obtain, easy to forge, and frequently outdated by the time they reach the verifier. Fiskil's salary verification API analyses real bank transaction data under CDR consent to detect salary deposits through pattern recognition, frequency analysis, and employer identification. For regular salary earners, the system achieves 95%+ detection accuracy across up to 12 months of transaction history.
The Challenge
Organisations that need to verify salary — lenders, landlords, government agencies, HR platforms — rely on documents that introduce delays, errors, and fraud risk.
The Solution
Fiskil analyses transaction history directly from bank accounts under CDR consent, detecting salary deposits through pattern recognition algorithms that identify recurring employer payments.
Capabilities
How Fiskil Helps
Recurring Deposit Pattern Recognition
Identify salary deposits by analysing transaction amounts, frequencies, and timing patterns. The algorithm detects weekly, fortnightly, monthly, and 4-weekly pay cycles with 95%+ accuracy for regular salary earners.
Pay Frequency Analysis
Determine exact pay frequency by calculating intervals between detected salary deposits. Handles variations such as early payments before public holidays and minor timing shifts.
Employer Identification
Extract and normalise employer names from transaction descriptions. Match against known employer patterns to provide verified employer details alongside deposit data.
Salary Trend Detection
Track salary amounts over time to identify pay rises, reductions, or irregular bonuses. Provide a clear trajectory of salary changes across the analysis window.
Implementation
How It Works
Initiate CDR Consent
Prompt the individual to connect their primary bank account through Fiskil's CDR consent flow. Request transaction read scope for the analysis period (typically 3-12 months).
Retrieve Transaction History
Fetch transaction data for the consented account. For salary verification, 3 months provides a baseline; 6-12 months enables trend analysis and stability scoring.
Run Salary Detection
Call the income detection endpoint with salary-specific parameters. The API returns detected salary deposits, employer name, pay frequency, average amount, and confidence score.
Consume Verification Results
Use the structured salary verification response in your downstream process — loan decisioning, rental application assessment, onboarding checks, or compliance reporting.
In Practice
How Teams Use This
Property Management Platform
A rental application platform integrates salary verification to confirm applicant income during the tenancy application process, replacing manual payslip uploads.
Application processing time reduced from 48 hours to under 5 minutes, with a 70% reduction in fraudulent income claims.
HR Onboarding System
An enterprise HR platform uses salary verification during onboarding to confirm previous salary for new hires, supporting salary benchmarking and offer validation.
Eliminated manual reference checks for salary confirmation, saving an average of 3 days per hire in the onboarding process.
Government Benefit Assessment
A government agency uses transaction-based salary detection to verify income declarations for benefit eligibility assessments.
Income verification accuracy improved to 97%, reducing overpayments by 35% compared to self-reported income.
Technical Details
What You Integrate With
API endpoints
GET /v1/accounts/{accountId}/transactionsPOST /v1/income/detectGET /v1/income/salary-summaryGET /v1/income/employer
Data returned
Salary deposit amounts
Pay frequency (weekly, fortnightly, monthly)
Employer name
Deposit date history
Confidence score
Authorisation
OAuth 2.0 / CDR consent
Real-time data access.
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FAQs
Related Use Cases
Lending
Income Verification
Verify applicant income instantly using real bank transaction data. Fiskil's income verification API reduces loan processing time and improves accuracy.
Payroll
Employment Confirmation
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.
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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