Trulioo is the 2016 Best Identity Verification and Authentication Solution | Judge's Choice

Best Identity Verification and Authentication Solution

2016-CNP-Award-Winner-Logo-TruliooA panel of independent judges recognized Trulioo as the Best Identity Verification and Authentication Solution in the 2016 CNP Awards. Trulioo tackles one of the most ambitious challenges in global identity verification—building a universal solution for fraud and compliance systems that works for companies around the world. With that goal in mind, the company said it is working on building a layer of trust on the Internet by providing organizations the ability to verify the identities of more than 4 billion people in over 40 countries.

Trulioo, one of two CNP Award winners based in Vancouver, Canada, provides ID verification for more than 400 companies, including some of the world’s top payments, e-commerce, and financial services providers such as PayPal, Stripe, Square, WorldRemit, Kickstarter, Braintree, and Amazon.

Founded in 2011, Trulioo launched GlobalGateway, its online electronic identity verification service, in November 2014. Developed for an international market, the product was created to help businesses and organizations verify identities online to mitigate fraud and financial crime activities.

By providing a normalized identity verification solution with custom rule sets that can be used to access 4 billion consumers worldwide, cross-border businesses can easily and quickly onboard customers while complying with international Anti-Money Laundering and Know Your Customer rules—which previously they may have had to accomplish manually or in person across multiple platforms.

Trulioo says its Normalized API enables businesses to securely access hundreds of trusted global data sources that have been vetted with strict security and compliance standards to instantly verify identities online. This technology creates efficiencies for businesses operating globally by bypassing long approval processes and cumbersome integration across borders and jurisdictions.

Judges Choice – Best Identity Verification and Authentication Solution