Trulioo — Case Study
The
Solution
Why Webull Chose Trulioo
Fraud Prevention
Trulioo played a major role in identifying potentially
fraudulent users while they were trying to open
accounts with Webull. “We utilize Trulioo to flag
applicants who have previously been involved in any
fraudulent, conspirator, and/or trafficking infractions.
These applicants are not onboarded as Webull clients,”
says Denier.
International Expansion
The Trulioo API lets clients access over 450 data
sources across 195 countries. Clients can verify the
identity of 5 billion people using a single touchpoint.
According to Denier, “We are currently onboarding U.S.
and international clients onto our brokerage platform.
Trulioo’s streamlined API access to international
databases allows us to almost instantly pass or fail
applicants on a mass scale.”
Trust
From the very beginning, Webull wanted its customer
identification program to be highly reliable. According
to Denier, one of the tangible benefits of using Trulioo
is that Webull is now able to keep “a thoroughly
researched and compliant brokerage client list.”
“
Trulioo helped us onboard
100,000 accounts in just the first
six months, all while providing a
seamless user experience.”
• Anthony Denier CEO of Webull