Complete Business Verification for Global Digital Commerce

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01

Trulioo — Solution Sheet

Trulioo Business Verification is an industry-leading capability

that helps global organizations achieve compliance, fight fraud

and ensure customer trust and safety.

Complete

Business

Verifcation for

Global Digital

Commerce

Attain Ironclad KYB Compliance

With Trulioo Business Verification

• Solution Sheet

Trulioo can verify more than 700 million

business entities across the globe.

700M

By providing comprehensive data access, analysis

and reporting, Trulioo Business Verification helps

the world’s largest organizations build trusted digital

environments and comply with Know Your Business

(KYB) and Know Your Customer (KYC) requirements.

The flexible, proprietary verification process

empowers organizations to automate manual steps

and make fast, accurate onboarding decisions.

Companies can verify the first layer of business

data or dive deep for an end-to-end view. They can

authenticate shareholders and subsidiaries or screen

the company and its ultimate beneficial owners (UBOs)

against global watchlists.

Comprehensive Business Verification through an

integrated, automated platform expedites onboarding

and promotes secure global digital commerce.

The Trulioo platform provides standardized value fields,

a two-tier service offering and customizable workflows

that enhance due diligence and quickly waterfall from

business to person verification when identifying UBOs.

400+

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Trulioo — Solution Sheet

Achieve Compliance Worldwide

Verify businesses in seconds with fresh, accurate

global and local data that goes beyond any single

source. Trulioo expertly combines multiple data types,

including registered business numbers and addresses,

by drawing from diverse sources such as government

registries, tax authorities, credit bureaus and public

records. Trulioo can verify more than 700 million

business entities and 5 billion people across the globe.

Trulioo customers are subject to oversight by

numerous regulatory agencies. Those include the

Financial Conduct Authority, the Cyprus Securities

and Exchange Commission, the Financial Crimes

Enforcement Network, the Australian Transaction

Reports and Analysis Centre, the Indonesian

Financial Transaction Reports and Analysis Center,

and the Financial Transactions and Reports Analysis

Centre of Canada.

The world’s largest organizations rely on Trulioo to

meet global regulatory standards, such as Anti-Money

Laundering (AML) and combating the financing of

terrorism, DAC7 and the INFORM Consumers Act.

Trulioo Business

Verification Benefits

Customize Verification to Match Business

Needs and Risk Thresholds

Mix and match person and business verification

workflows to meet risk thresholds, business needs

and market requirements. Choose from different

integration options and easily configure and adjust

data sources and rules. Leverage AI that accesses

data sources with the most definitive results to verify

business details.

Consolidate Siloed Data to Gain Business Clarity

Advanced data intelligence processes standardize

different sources and formats to present actionable

insights. Use AI, machine learning and natural language

processing to translate documents into hundreds of

languages. The Trulioo proprietary intelligence engine

collates data and supports fuzzy matching on inputs

and responses from third-party sources to provide

reliable verification results in the preferred language

anywhere in the world.

Access 400-plus business data

sources updated every 15 seconds

Trulioo — Solution Sheet

03

Automate Business Verification

for Customers Worldwide

Integrate Layered KYB and KYC Services

Launch business onboarding workflows without

draining developer resources. Trulioo unites the

verification of businesses, subsidiaries, owners,

shareholders and UBOs through a single API and

endpoint to provide standardized, normalized

business data in one call. The Trulioo automated

platform configures onboarding rules and logic,

the data sources called and the sequence in

which they’re called to tailor the ideal verification

combination. Scalable integration and customizable

business verification enable expansion without

operational disruptions.

Minimize Risk, Maximize Transparency

Assess risk with a detailed business data profile,

examine changes in industry codes and uncover

events such as bankruptcies. See the business

ownership structure, owner types and countries of

operation in a comprehensive report or dashboard.

Create a complete picture of a business for informed

decision-making.

Tap Into Local and Global Data for Smooth KYC

The vast majority of companies are small

businesses, and they need fast access to an

organization’s digital services. Trulioo offers

unmatched data coverage in 195 countries,

providing fresh, accurate data to rapidly onboard

new businesses, micro-merchants, thin-file

businesses and sole proprietors.

Eliminate Business Identity Fraud

From the Start

Business identity fraud commonly stems from

a presentation of illegitimate business details

during onboarding. Fraudsters acquire data and

falsely represent a business to apply for credit, sell

illegitimate goods or commit further fraud under the

guise of a legitimate company.

Trulioo combats business identity fraud at the outset

by verifying the person submitting the business for

onboarding. A simple, low-friction check verifies the

person’s employment at the company. That step

limits business fraud and provides additional risk

signals for final verification.

Optimize Business Verification

Decision-Making and Performance

Organizations can automate manual data

collection and verification processes with

access to 400-plus government registries and

public records for a secure, smooth onboarding

experience. Organizations can collect and analyze

data from trusted government and proprietary

sources. They can fine-tune risk management and

draw from a comprehensive suite of verification

capabilities.

Organizations can strengthen compliance with

customizable reports, audit trails and automated

regulatory filings. With enriched business data

and ongoing monitoring, compliance teams

gain deeper insight and better oversight, even

across borders. Trulioo intelligent routing further

optimizes workflows for automated case decision-

making or reviews.

The world’s

identity

platform.

Trulioo is the world’s identity platform, trusted by leading

companies for person and business verification. Combining

state-of-the-art technology and expert knowledge across diverse

markets, Trulioo enables the highest verification assurance levels,

optimized onboarding costs and trust in the global digital economy.

Trulioo is a registered trademark of Trulioo Information Services Inc. in the United States, the European Union,

Canada and other countries.

Contact us

A Global Platform to Onboard

Businesses Around the World

Streamline global due diligence with intelligent,

standardized data capabilities and superior

coverage across markets. Leverage smooth

integration through a single API, multilingual

capabilities and expert handling of local

business data.

Two Tiers, One Goal:

Achieve Optimal

Business Onboarding

With Trulioo

400-plus business data sources updated every 15 seconds

700 million business entities across 195 countries

100-plus languages supported

91% average verification rate*

Global UBO and people with significant control verification

Deep insights into ownership links and the interconnected

landscape of businesses around the world

End-to-end business onboarding, including data collection,

risk profiling, compliance and decision-making

Business Essentials

Quickly perform standard business verification with

automated searches for business numbers, names

and addresses. Trulioo Business Essentials ensures

up-to-date local and global data for efficient first-layer

verification across business sizes.

Business Complete

Trulioo Business Complete accelerates business

verification, transforming weeks of manual work

into seconds. Conduct KYB and KYC checks in one

workflow with fresh business data. Apply advanced

due diligence to efficiently verify business entities

and stakeholders. Access a detailed map for

complete business transparency.

*in top-transacting countries

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