Trulioo Announces Four New Customers in the Banking Industry
Summary
Trulioo, the global identity verification leader, today announced four new banking customers : Bambu Systems, Guardian Gold, Nerve and Simba. We found that when a financial services firm incorporated real-time identity verification as part of their onboarding, 83% of people were less likely to abandon the account creation process.” In addition to adverse effects on customer acquisition, poor onboarding experiences detrimentally impact brand perception, with Trulioo research revealing that 80% of consumers held greater trust in brands that use identity verification as opposed to those who didn’t. “Both legacy and challenger banks trust Trulioo and its range of solutions to scale innovative global compliance programs while delivering positive customer experiences. We’re pleased to partner with these organizations to continue to support their compliance and risk mitigation initiatives and to help them onboard customers around the world,” added Munford. Organizations rely on its identity verification platform, GlobalGateway, to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows.