Informativ on Tuesday introduced a new feature to instantly verify “stips” — the additional documents or information required to finalize a contract — for businesses including auto dealers and financing companies

The provider of fraud prevention, compliance and credit technology for the automotive and consumer finance industries said the new feature is called Verified Stips. It can enable Informativ to fully integrate the ability to collect verified documents and information into its compliance platform, providing dealers, lenders, and other businesses with instant digital reports to confirm proof of income, employment, insurance, and residence.

Informativ said these digital reports are sourced directly from financial institutions, payroll providers, insurance companies, and utility companies. They’re available to dealerships, lenders, and other businesses that finance purchases.

The new Verified Stips solution is powered by TurboPass, which just rolled out a new enhancement, too.

According to the Entrust Cybersecurity Institute’s 2025 Identity Fraud Report, document fraud surged 244% in 2024. Infomativ said Verified Stips can directly address this challenge by providing a secure, consumer-friendly process that enables consumers to connect their accounts so that dealerships and lenders instantly receive verified reports for review.

By leveraging real-time data from over 16,000 financial institutions, 95% of payroll companies, 95% of insurance providers, and 6,000+ utility companies, businesses can:

—Get funded faster by submitting lender-ready, verified documents

—Prevent fraud with direct-from-source verification

—Reduce bank fees and buybacks while improving lender relationships

—Become eligible for potential lender rebates for using Verified Stips

“As regulatory pressure grows and fraud risk reaches new highs, this functionality aligns perfectly with our mission to help businesses streamline their sales process while maintaining high compliance standards,” said David Carner, CEO of Informativ, which is backed by Capstreet, a Houston-based lower middle market private equity firm.

“By introducing and integrating Verified Stips into our compliance platform, we’re enabling dealers and other businesses to eliminate the back-and-forth over document verification, get deals funded faster, and prevent the costly impact of fraud without disrupting the customer experience,” Carner added.