Trulioo GlobalGateway Expands with Enhanced ID Document Verification Capabilities
Summary
“Digital businesses are facing new ID verification challenges brought by changing demographics of their customers, who favor convenience in addition to security, and external threats such as identity theft and fraud,” said Stephen Ufford, CEO of Trulioo. GlobalGateway provides effective global coverage with access to hundreds of secure data sources to give a holistic view of a customer’s identity.” Businesses must contend with how to enhance ID verification without sacrificing user experience, which can lead to abandonment. Gartner’s latest Market Guide for Identity Proofing and Corroboration report references the significant challenges that businesses face in evaluating myriad data points and disparate processes, and recommends enterprises move to “continuous, risk-based assessment of any claimed identity” throughout the customer relationship. “Verifying identities online must be fast, accurate and with just the right amount of friction to deter the bad actors while providing good customers with an exceptional onboarding experience,” said Ufford. 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.
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