For businesses conducting employment and income verifications, the idea of building an in-house verification waterfall can seem appealing. The logic is simple:
✅ Control over how data sources are integrated
✅ Perceived cost savings by cutting out a third-party provider
✅ Customisation to fit internal processes
On paper, it sounds like a great idea. In reality, most companies vastly underestimate the complexity, cost, and ongoing effort required to build and maintain a robust, compliant verification system. What starts as a simple project quickly becomes an expensive and resource-draining headache.
Before embarking on a build-your-own verification waterfall, businesses need to consider these key challenges:
🔴 APIs aren’t plug-and-play. Each source—HMRC, payroll systems, Open Banking, and employer datasets—has unique authentication, formatting, and access requirements.
🔴 Keeping up with API changes, outages, and version updates requires continuous engineering work.
🔴 Ensuring data security and compliance across multiple integrations adds extra layers of complexity.
🔴 Datasets are often messy—containing duplicates, irrelevant data, and noise
🔴 Businesses must develop and maintain complex de-duplication and discrepancy detection algorithms to ensure clean, accurate records.
🔴 Without continuous monitoring, bad data can lead to hiring mistakes, fraud, and compliance issues.
🔴 Employment and financial data sources evolve. Integrations break, access rules change, and new patterns in data emerge requiring frequent monitoring and updates
🔴 Companies must dedicate engineering resources to constantly test, fix, and upgrade their waterfall to optimise conversion rates
🔴 Unexpected issues—such as new data discrepancies or changes in HMRC reporting— mean teams must troubleshoot on an ongoing basis.
🔴 Gaining official access to employment and financial data isn’t automatic—it requires certifications, audits, and ongoing regulatory oversight.
🔴 GDPR, FCA, and MLRO compliance demand strict data security measures, audit logs, and consent management.
🔴 Mismanaging compliance can result in legal risk, fines, and reputational damage
Instead of spending years building (and many more maintaining!) an in-house solution, businesses can integrate Konfir —gaining access to a fully managed, multi-source verification waterfall.
✔️ Pre-integrated with HMRC, payroll systems, Open Banking, and employer databases.
✔️ Proprietary data cleaning and discrepancy detection ensures accuracy.
✔️ Konfir handles GDPR, HMRC, and FCA compliance—so you don’t have to.
✔️ No need for businesses to obtain certifications or manage audits—Konfir takes care of it.
✔️ No engineering work required—plug into Konfir’s verification waterfall instantly.
✔️ No maintenance or troubleshooting burden—Konfir continuously updates and optimises data sources.
✔️ Immediate cost savings vs. an in-house solution that demands ongoing investment.
A DIY verification waterfall might seem like a cost-saving strategy, but in reality, it’s time-consuming, expensive, and resource-draining.
With Konfir, businesses get all the benefits of a multi-source verification waterfall—without the hassle of building and maintaining it themselves.
📩 Want to see how Konfir can transform your verification process?
➡️ Book a demo today and eliminate the burden of in-house verification.
.png)
