A survey of apartment management professionals surveyed by RealPage had reported growing apartment rental fraud. More than half saw a variety of fake identity types and income fraud and only 17% had a portfolio-wide fraud prevention initiative in place. But 97% of respondents report that reducing renter fraud is a top priority.
One solution is a pair of services that RealPage and digital finance platform vendor Plaid are offering for the former's OneSite and On-Site leasing and property management platforms. The idea is to help customers detect fraud early in the leasing process using verification across data, device, document and biometrics. Here are some of the features:
Anti-fraud engine that uses AI in the form of contextual analysis, scanning of expanded risk signals, increased verification methods and broader coverage across over 16,000 document types.
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