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.