Five money transfer companies have partnered with Trulioo to integrate the company’s GlobalGateway service for Know Your Customer (KYC) and Anti-Money Laundering (AML) biometric checks.
Trulioo says GlobalGateway is the world’s largest marketplace for data and identity services to protect customers against fraud and eliminate compliance risks. It provides real-time identity verification with access to over 400 data sources to verify the identity of over five billion people worldwide through a single API.
The latest partnerships are with Sokin, which can make payments and exchange money in over 200 countries, Australia-based Bano Financial, UK-based SwapMoney, which aims to dramatically lower transaction costs, Global 66, which aims to become the world’s largest financial service. platform in Latin America and Supersonicz, which aims to enter all countries where no other money transfer service is available.
“With more remittances done digitally than ever before, we’re excited to partner with these innovative companies and help them meet regional and local compliance challenges while providing secure and low-cost options for senders. and fund recipients, ”said Steve Munford, CEO of Trulioo.
Trulioo just won the CIX Innovator of the Year award for disrupting and transforming the biometric identity verification market and has hired its first general counsel at Caitlin Woodward.
biometrics | digital identification | digital identity | fraud prevention | identity verification | KYC | Trulioo