Trulioo is the 2017 Best Identity Verification and Authentication Solution | Judge's Choice

Best Identity Verification and Authentication Solution

2016-CNP-Award-Winner-Logo-TruliooFor the second year in a row, a panel of independent judges has recognized Trulioo as its choice for Best Identity Verification and Authentication Solution at the CNP Awards.

With more than 500 customers in 60 countries, Trulioo serves a wide cross-section of markets, including e-commerce merchants, banks, payment providers, lenders, brokerages, remittances, online gaming companies and online marketplaces, including crowdfunding and peer-to-peer.

Vancouver-based Trulioo says it provides secure access to hundreds of independent and global data sources that can instantly verify identities online. Its mission is to solve global problems associated with verifying identities online by powering fraud prevention and compliance systems, increasing trust and safety online.

The six-year-old company’s identity verification platform, GlobalGateway, enables merchants to perform identity verification for four billion people around the world. Trulioo claims GlobalGateway is the first solution that offers cyber identity data alongside traditional ID data through a single API integration for real-time identity verification.

The firm notes that with GlobalGateway, online merchants can decrease digital payment fraud by verifying the PII (Personally Identifiable Information) of the buyer. For example, a merchant can run verification checks against traditional sources such as full name, address, and date of birth, credit bureaus, government, utility files, telecommunications data, as well as non-traditional cyber data such as email address, and mobile device data. By checking a customer’s provided identity information against trusted quality data sources, a positive ID verification can be quickly generated, keeping legitimate customers happy, while shutting out fraudsters.

In less than three years, GlobalGateway has become one of the most robust and comprehensive identity intelligence data marketplaces in the industry, according to Trulioo. In fact, the company broadened the GlobalGateway platform extensively in 2016.

Trulioo points out that its global data sources are vetted with strict security and compliance standards.

Judges Best Identity Verification Authentication Solution