About

Trulioo specializes in identity verification services that help businesses confirm the identities of their customers and merchants. Its main product, GlobalGateway, is an API that allows companies to easily integrate identity verification into their systems. This service is essential for industries like finance and e-commerce, where verifying user legitimacy is crucial. Trulioo supports a wide range of clients, from small businesses to large enterprises, and enables them to onboard customers from over 195 countries, ensuring compliance with international standards. Unlike many competitors, Trulioo offers flexible pricing through subscription or pay-per-use models, and it provides integration options like EmbedID for seamless implementation. The company's goal is to enhance security and compliance for businesses while supporting them, especially during challenging times like the Covid-19 crisis.

Simplify's Take

What believers are saying

• Trulioo's partnership with Airwallex expands its reach in the fintech sector.
• The 142% surge in remittance transactions highlights growing demand for Trulioo's services.
• Trulioo's advanced AI solutions combat deepfake threats in financial services.

What critics are saying

• Deepfake technology poses a threat to identity verification processes.
• Real-time payments introduce new fraud risks requiring constant security updates.
• Expansion into APAC may bring regulatory challenges and local competition pressures.

What makes Trulioo unique

• Trulioo's GlobalGateway API offers seamless integration for identity verification services.
• The company provides identity verification across 195 countries, ensuring global compliance.
• Trulioo's Fraud Intelligence capability offers predictive risk insights for fraud prevention.

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