What is a consumer-permissioned data request?
Consumer-permissioned data introduces a new relationship between the consumer, the requesting business, and their data. By working with a consumer-permissioned data platform, like MeasureOne, the consumer provides secure access to their data, but consents to sharing ONLY the necessary information with the requesting business.
The platform plays two roles in the transaction: (1) it ensures that only the permissioned information is shared with the requesting business, and (2) it guarantees the provenance of the data to the requesting business.
By using a consumer-permissioned data model, the consumer maintains control over their data. They can safely and securely share their information, knowing that only the necessary, specifically-requested information is disclosed to the requesting business.
Using consumer-permissioned data is beneficial for the requesting business too. When they take advantage of CPD, businesses get:
- Access to any consumer data in an online account including income, employment, education, insurance, brokerage data, and more
- Real-time data from primary sources ensuring 100% accurate and up-to-date data
- Automation of traditionally manual data collection processes
Is individual data reused?
No, we pull fresh data every time. We only get consent to pull data for that particular request. The same individual coming two different times to MeasureOne would be two new requests.
What if the applicant doesn't remember their login credentials?
We provide a direct link to the exact webpage on the account website to recover/reset login credentials.
Are applicants comfortable sharing their credentials?
We are seeing near 100% participation in the process. There is also a strong precedent for consumers sharing access to much more sensitive data in return for some benefit to them.
What happens if the consumer never completes the process?
Best practice with our customers is to use MeasureOne as the primary solution. If for whatever reason, a consumer is unable to connect to their online account, they have the ability to upload the requested documentation for us to process and provide the data directly to you.
If for whatever reason the consumer still fails to complete the process, we recommend falling back to your current solution after a defined time frame.
How long does it take to get the data results?
Results are instant once a consumer connects their online account to the MeasureOne platform.
Does MeasureOne have a support team for consumers?
Yes! Our support team is available 24/7 to answer consumer questions.
Can I use MeasureOne via TazWorks or Accio?
Yes, we are fully integrated with TazWorks and Accio to make your workflow seamless.
Can I white-label your service?
Yes! For more information, schedule a demo.
What if I, or my clients, don’t want the consumer to be involved in the process?
Consumers, now more than ever, want to be involved in who collects their data and where it’s being shared. In fact, in our own survey of consumers, 82% of consumers said being involved was important to them.