The surge in online shopping, mobile payments and digital currencies in recent years presents opportunities for innovation and growth.
But it also poses challenges for businesses to mitigate fraud and meet evolving regulations such as Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) requirements around the world.
Vancouver’s Trulioo has launched a new global identity platform for person and business verification that will provide a unified experience for Trulioo customers.
Trulioo continues to evolve its identity verification capabilities by combining a full suite of global person and business verification solutions with no-code workflow building, low-code integrations and more, all in one platform.
With one contract Trulioo customers can access personally identifiable information matching, Identity Document Verification, Utility Data for proof of address, Business Verification for in-depth person-of-significant-control and ultimate-beneficial-owner verification, watchlist screening and ongoing monitoring, and anti-fraud capabilities.
With one platform and one contract, companies can deliver streamlined onboarding and create intuitive user experiences that build trust and inclusivity. Trulioo leverages extensive expertise, customizable identity verification workflows and comprehensive global data sources to empower customers to take their business anywhere in the world.
Today’s Trulioo platform launch marks an important milestone for the company. In less than two years, Trulioo has nearly doubled its staffing to 430 employees, assembled an impressive executive leadership team of industry experts, expanded into new vertical markets and broadened its corporate footprint.
In 2021, Trulioo secured $394 million in Series D funding, led by TCV, one of the world’s largest growth equity firms.