Data insights
| Field | Verification | Details |
|---|---|---|
| user_name | Identity | User name and surname |
| user_address | Identity | Address of user - residence, street, postal code, localisation and country |
| user_country | Identity | Country of residence |
| ni_number | Identity | National insurance number |
| employer_name | Employment | Name of employer |
| tax_code | Employment | Tax code of user |
| pay_date | Operations | Date of payment |
| pay_period | Operations | Interval period for the pay |
| currency | Operations | Currency code |
| income_gross_period | Income | Gross income for the interval period |
| income_net_period | Income | Net income for the interval period |
| base_salary | Income | Base salary for the interval period |
| total_deductions_period | Income | Total deductions for the interval period |
| pension_period | Income | Employee’s pension for the interval period |
| paye_period | Income | PAYE deductions for the interval period |
| nic_period | Income | Employee national insurance contribution for the month |
Data delivery The lender can access the data shared by the user through the following channels:
- API: The data is exposed via API to lenders where they can integrate into their underwriting webflow to identify borrowers and obtain the data they need
- Dashboard: The data of a user can be proactively searched and managed on the dashboard. The lender can keep on a track of the history of the user, as well as export this data in a format that is most relevant depending on their internal processes
Data security Teal believes on the power of data and the importance of keeping it safe and in control of the stakeholder that owns it. Teal follows a series of best practices to guarantee that data is handled at maximum security levels:
- Compliant measures: Teal follows ICO and GDPR best practices in order to comply with all the rigorous safety procedures of data management. All the user data is encrypted
- Consent-led: The data shared will only be shared with lenders after the user consent is collected. Teal will walk the user through the level of permissions and data they are giving access to the lenders to, before handling and sharing any data with the lender
- User in control: At any point, users that consent to share their data on a recurring basis can decide to revoke this access. Users can contact directly Teal customer support team on [email protected], who will delete all access to their payroll data upon request