Floify Adds Asset Verification to Verify Suite

The mortgage point-of-sale solution expands its verification offerings to include automated asset checks.

Updated on Oct. 20, 2026 in Banking

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Floify has integrated automated asset verification technology into its mortgage platform, aiming to streamline the lending document collection process. AI Illustration. Upload story photo >

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Floify has launched a new Verification of Assets service to round out its existing Floify Verify suite. This tool integrates directly into the platform to provide mortgage lenders with automated data access.

Why it matters

By adding asset verification, the company completes its suite of verification tools for the mortgage industry. The expansion aims to streamline the document collection process for lenders using the platform.

The new asset verification service functions as a native feature within the broader Floify Verify platform. This update follows the existing income and employment verification capabilities already supported by the service.

The players

Floify

Floify is a technology company that provides point-of-sale solutions specifically designed for the mortgage lending industry.

Argyle

Argyle is a data provider that offers automated employment and income verification technology used by various financial platforms.

The details

The Verification of Assets service utilizes technology from Argyle to perform its data checks. This integration allows mortgage professionals to utilize a single platform for their verification needs.

Timeline

  1. Floify announced the launch of the new service on October 20, 2026.

Market Dynamics

The expansion of the Floify Verify suite marks a shift in how mortgage lenders automate manual borrower documentation. By consolidating verification tools into a single platform, the company aligns with broader trends toward integrated digital mortgage workflows.

Mortgage lenders using the platform may see improved processing times by centralizing borrower data collection. The integration of automated asset checks reduces the need for manual document requests during the loan application process.

The takeaway

The move reflects a continued focus on digitizing the mortgage loan origination process to reduce friction. Lenders should evaluate whether these automated verification tools align with their current document security and efficiency requirements.

Further reading

For more on industry shifts in mortgage lending, visit the Banking section.

Live Poll

Do you believe automated asset verification tools make the mortgage process better for borrowers?