WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Internet Technology Friday, March 29, 2024 
Add Press Release News | News Feeds Feeds | Email This News Email


RegTech Supplier Performance Report Names Trulioo's GlobalGateway Top ID Verification Tool for Fourth Year in a Row
Thursday, September 12, 2019

Listing reflects Trulioo's continued mission to verify the globe through trust, privacy and inclusion

VANCOUVER, British Columbia, Sept. 12, 2019 /PRNewswire-PRWeb/ -- Trulioo, the leading global identity verification provider, today announced that for the fourth year in a row, its platform GlobalGateway has been ranked as the number one identity verification tool in the 2019 RegTech Supplier Performance Report.

The 2019 RegTech Supplier Performance Report is published by Market Fintech Ltd. The annual report provides a clear view of the RegTech sector and focuses on the solutions gaining marketing traction, as well as the scope of these solutions and the areas of compliance they address.

"Financial firms are facing more strain than ever before; financial crimes are on the rise, industry regulations are becoming increasingly complex and customers are demanding incredibly high levels of user experience. The result is a real need for technology that can address these challenges in a single, easy-to-use solution that doesn't strain resources or require years of training," said Tina Snelling, founder of Market Fintech and editor of the report. "Again, Trulioo's GlobalGateway has proven to be the solution the industry needs to navigate today's complex RegTech climate. Trulioo addresses a global market with its ability to provide instant verification in today's increasingly borderless world, enabling businesses anywhere to prevent fraud, mitigate risk and ease customer onboarding."

Developed for an international market, Trulioo's GlobalGateway solution helps businesses comply with a diverse range of identity verification requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML). Around the world, hundreds of organizations use GlobalGateway to comply with both domestic and cross-border regulatory requirements to mitigate risk, prevent fraud, reduce friction in the onboarding process and create a layer of trust between themselves and their customers.

"GlobalGateway's consistent position atop the RegTech Performance Report rankings reinforces the sustained success we've had in building an effective and scalable solution that evolves to meet the changing needs of financial firms," said Stephen Ufford, CEO and founder of Trulioo. "We value the results of this report and look towards it each year as a bellwether for the current and future states of RegTech."

In addition to ranking Trulioo as a top ID verification tool, the report ranked Trulioo number three in the Overall RegTech Supplier Rankings.

In response to an evolving global ecosystem of compliance regulations, RegTech providers have gained significant traction in recent years. Financial services firms, under pressure to mitigate fraud while delivering strong user experiences, have turned to innovative RegTech technologies to help solve these challenges. Trulioo's GlobalGateway has consistently been one of the industry's top RegTech solutions through seamless, digital ID verification that helps expand into new markets and bring more of the world's unbanked into the financial fold.

About Trulioo
Trulioo is a global identity and business verification company that provides secure access to reliable, independent and trusted data sources worldwide to instantly verify consumers and business entities online. Trulioo's marketplace of global identity data and services, GlobalGateway, helps organizations comply with Anti-Money Laundering (AML) and Customer Due Diligence (CDD) requirements by automating Know Your Customer (KYC) and Know Your Business (KYB) workflows. Trulioo supports global clients to instantly verify five billion customers and 250 million business entities in over 195 countries - all through a single API integration. Named as a CNBC Disruptor 50 Company, Trulioo's mission is to solve global problems associated with verifying identities by powering fraud prevention and compliance systems for customers worldwide in an effort to increase trust and safety online. For more information visit trulioo.com.

SOURCE Trulioo



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav WSPN and MathWallet Jointly Launch StableWallet, Pioneering AA Wallet for Web3 | Mar 29, 2024
Nav Stetson University Named a Top Game Design Program in the Nation by Princeton Review for Third Year in a Row | Mar 29, 2024
Nav Global Floating Data Center Market Analysis Report 2024: Market to Reach $732.6 Million by 2033 with Adoption of LNG and Hydrogen Powered Floating Data Centers Gaining Momentum | Mar 29, 2024
Nav Global Hybrid Memory Cube and High-Bandwidth Memory Industry Research Report 2023-2033 Featuring Market Leaders - AMD, Micron, NVIDIA, IBM, HPE, Samsung and Intel Among Others | Mar 29, 2024
Nav Sandler Partners Opens Pre-Registration for 2024 National Summit, Taking Place October 7-10 | Mar 29, 2024
Nav AllSaints Music Group to launch spatial audio service offering 360 Reality Audio | Mar 29, 2024
Nav Growing BolderĀ® and OTTA Advisors Launch the World's First Active Lifestyle Streaming Platform for Adults 50+ | Mar 29, 2024
Nav VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum | Mar 29, 2024
Nav BrightPoint LLC Secures Position on $1.5 Billion Contract Supporting U.S. Department of Commerce's CATTS Program | Mar 29, 2024
Nav FlowFuse and Gallarus Announce Strategic Partnership to Accelerate Industry 4.0 Adoption | Mar 29, 2024
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News