Single sign-on verification platform and decision matrix

A system comprising:

• one or more processors;
• and
• one or more computer-readable media storing instructions that, when executed by the one or more processors, cause the one or more processors to perform operations comprising:
• receiving, by a verification service and from a first user, an application;
• sending, by the verification service and in response to receiving the application, a first prompt to the first user to authorize access to financial information by an open banking system;
• receiving, by the verification service and from the open banking system, the financial information associated with the first user, the financial information including at least income information associated with the first user;
• determining, by the verification service and a machine-learning component of the verification service configured to evaluate one or more factors associated with a reliability of an income, an income score associated with the first user based at least in part on the financial information;
• determining, by the verification service, a threshold income score;
• determining, by the verification service, that the income score is equal to or greater than the threshold income score;
• and
• sending, by the verification service and to a second user, a first recommendation to approve the application based at least in part on determining that the income score is equal to or greater than the threshold income score.

A non-transitory computer-readable medium storing having instructions stored thereon that, when executed by one or more processors, cause the one or more processors to perform operations comprising:

• receiving, by a verification service and from a first user, an application;
• sending, by the verification service and in response to receiving the application, a first prompt to the first user to authorize access to financial information by an open banking system;
• receiving, by the verification service and from the open banking system, the financial information associated with the first user;
• determining, by the verification service and a machine-learning component of the verification service configured to evaluate one or more factors associated with a financial stability of a user, a financial score associated with the first user based at least in part on the financial information;
• determining, by the verification service, a first threshold financial score;
• determining, by the verification service, that the financial score is equal to or greater than the first threshold financial score;
• approving, by the verification service, the application automatically based at least in part on determining that the financial score is equal to or greater than the first threshold financial score;
• and
• sending, by the verification service and to the first user, a first indication that the application has been approved.