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DIGITAL IDENTITY NETWORK TRULIOO BOOSTS CRYPTO FIRM ROSTER WITH GMO TRUST AND
CENTBEE

December 14, 2021

Global identity verification firm Trulioo has onboarded six new clients as part
of its GlobalGateway marketplace of digital identity data and services,
according to a press release emailed to PYMNTS on Tuesday (Dec. 14).

Centbee, GMO Trust, Omni Matrix, Skilling, Strike Protocols and Vintech Capital
are all now part of Trulioo’s platform that enables organizations to execute
identity checks to meet the stipulations of know your customer (KYC) and
anti-money laundering (AML) compliance conditions.

See also: Trulioo Launches ID Verification for Gen Z, Student Inclusion

“The pandemic democratized the world of financial services, helping casual or
novice investors explore financial trading online,” said Steve Munford, CEO of
Trulioo.

“With cryptocurrencies becoming mainstream, digital asset issuers and exchanges
understood the need to bolster their identity verification programs to securely
and seamlessly onboard a huge uptick in users while meeting compliance
obligations,” Munford added.

The popularity of cryptocurrency has grown exponentially in the past two years,
with the global COVID-19 pandemic helping fuel the move toward digital processes
for financial transactions.

Read more: Trulioo Debuts Match Rate Challenge for KYC Rates

“Leading crypto platforms rely on Trulioo’s solutions to remain agile and scale
to meet growing user demand,” Munford said. “We’re pleased to partner with these
six additional organizations to help their compliance teams adapt to evolving
regulations, deliver positive onboarding experiences and serve customers
globally.”

Using a single application programming interface (API) integration, Trulioo
offers real-time verification of some five billion consumers and 330 million
businesses around the world.

Trulioo’s identity verification solution, GlobalGateway, assists organizations
in meeting compliance directives and automating due diligence and fraud
prevention.


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