For organizations
Stop holding documents you never wanted.
Your customer has to establish the funds. Today that arrives as months of account statements, into your inbox, your shared drive and your retention obligations. RunPayway™ establishes the one fact you asked about and returns a proof, so the file behind it is not disclosed to you.
The boundary
What RunPayway™ does, and what stays yours.
RunPayway™ establishes one requested financial fact from evidence the customer authorizes, and issues a proof of it. It does not evaluate the person, price anything, or decide anything.
RunPayway™ verifies. The institution decides.
RunPayway™ is being made available to a small number of organizations while the first fact class is in use. Access and deployment are scoped directly.
Risk, security, and procurement reviewers: Institutional review states what RunPayway™ governs, what your own administrators control, what can be established from an issued proof later, and what is not claimed.
How it works in your organization
From one request, to one proof.
Seven governed states run underneath. Three of them are yours and your customer’s: you ask, they authorize, a proof comes back.
- Request
- Your organization requests a specific financial fact.
- Authorize
- The customer reviews the request and authorizes the financial sources they choose.
- Verify
- RunPayway™ evaluates the authorized financial evidence against the requested fact.
- Receive
- Your organization receives the RunPayway™ proof, not the underlying financial file.
Accepting a proof
Why an organization can accept a RunPayway™ proof.
RunPayway™ establishes the requested financial fact from authenticated, authorized and sufficiently current evidence under a defined assurance process. Unresolved integrity problems stop VERIFIED from issuing, and the proof can be checked against its verification record without exposing the financial file behind it.
- Known meaning
- Your organization knows exactly what VERIFIED means, because it means one published thing and never a judgment about the person.
- Known limits
- The proof states what was established and implies nothing broader. What it does not cover is published too.
- Known freshness
- The proof shows when the evidence applied and when the fact was verified, so staleness is visible rather than assumed.
- Known authenticity
- A recipient can establish that RunPayway™ issued the proof and what its status is now, without taking the document in front of them on trust.
Proof issuance is being built. No proof is issued today, so there is nothing to look up yet, and this page will keep saying so until there is.
The goal is narrow on purpose: enough reliable information for your organization to make its own decision, without the underlying financial file ever arriving.
The boundary with underwriting
RunPayway™ does not replace underwriting.
A lender may need additional information for underwriting, eligibility, compliance, closing, or other requirements. RunPayway™ establishes the specific financial fact that was requested, and neither performs that wider work nor stands in for it. The lender retains responsibility for the lending decision.
What travels today
The financial file
What travels instead
The verified financial fact
PROVE THE REQUESTED FACT. DO NOT DISCLOSE THE FILE.
Who this is for
Institutions that need one financial fact established.
- Mortgage lenders
- The first customer. A specific financial fact is requested, the borrower authorizes the sources, and a proof comes back instead of the file behind it. The underwriting decision stays with the lender.
- Banks, credit unions, CDFIs and private lenders
- The same request, in institutions that need a defined financial fact established without receiving a complete financial file to get it.
- Operations, risk and compliance
- Whoever is answerable for what the organization receives and still holds months later. A proof is one object to retain instead of somebody else's account history.
- Neutrality, wherever a lender offers it
- A lender may offer RunPayway™. A lender may not change what RunPayway™ concludes. That boundary is not negotiable, and it is what makes the offer worth making.
What a pilot is.
A pilot runs on your own live requests, on surfaces your team and your customer sign into. There is nothing to integrate to begin, and there is no rate card: scope, boundaries and price are agreed in writing before any work starts.
- The volume of proof requests you expect
- Which of your requirements turn on one financial fact
- Single sign-on and how your administrators are set up
- Any fact class not yet supported, and whether it is in scope
- Security review, support level, and contract term
Talk with RunPayway.
Tell us who you serve and which pathway fits. We reply within two business days. Nothing here is self-serve, and there is no obligation attached to the conversation.
Establish the fact. Keep the decision.
Whether qualifying funds are at or above a requested threshold is the only fact supported today. Others have to be built and validated one at a time, and until they are, RunPayway™ will say it cannot establish one rather than establish it anyway.
No result carries an approval, a decline, a score or a recommendation.