The world’s
identity
platform.
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Trulioo is a registered trademark of Trulioo Information Services Inc. in the United States, the European Union,
Canada and other countries.
Trulioo is the world’s identity platform, trusted
by leading companies for their verification
needs. The Trulioo integrated, automated
platform provides unparalleled global coverage
for business and person verification and a
comprehensive suite of in-house capabilities.
Combining its state-of-the-art technology with expert verification
knowledge across diverse markets, Trulioo enables the highest
verification assurance levels, optimizing onboarding costs and
fostering trust and security in the global digital economy.
The
Results
About Plus500
Plus500 is a global multi-asset fintech group
operating proprietary technology-based trading
platforms. Plus500 has offered customers around
the world a range of trading products for years,
including Contracts for Difference (“CFDs”) and
share dealing. With its strong background in
making the world of trading accessible to retail
and professional customers alike, Plus500 has
a premium listing on the Main Market of the
London Stock Exchange (symbol: PLUS) and is a
constituent of the FTSE 250 index.
18% Verification Rate Increase
Plus500 aimed to deliver fast, compliant onboarding
across multiple markets, each with unique
requirements, regulations and data availability.
To meet those goals, Trulioo conducted meticulous
analyses to tailor the optimal combination of data
sources and inputs for Plus500’s business needs.
The Trulioo data science team then tested data
sequences to strike the perfect balance among cost,
performance and coverage.
That approach allowed Trulioo to efficiently verify
Plus500’s initial tier of customers at minimal cost
and apply additional data sources only as customer
needs evolved.
Unlike other vendors that merely test different
data combinations, Trulioo excels by optimizing the
sequence in which data sources are accessed to
ensure a low-friction user experience. The Trulioo
platform is also agile enough to adapt to data
changes without requiring Plus500 to modify its
tech stack.
That combination of data precision, market expertise
and workflow customization helped Plus500 achieve
faster, compliant customer onboarding and bolster
verification rates by 18% across multiple markets.