Open Banking rent verification: how it protects landlords

Historically, landlords and agents relied on bank statements or screenshots to confirm rent had been paid. Open Banking changes that.

Why Open Banking?

• Real-time - payments are verified as they happen, not weeks later.
• Accurate - the data comes straight from the bank, so it can't be edited or faked.
• Secure - tenants authenticate with their own bank; no credentials are shared.
• Fast - verification takes seconds, not days.

What Matriva does

When a tenant connects their bank, Matriva detects rent payments automatically and flags verified ones - which then count towards rent-to-credit reporting and strengthen their Tenant Passport.