Trulioo — Case Study
The
Solution
• STACK Executive
“
In less than a year of working
with Trulioo, we have completed
more than 750,000 transactions
across 105 countries and totaling
almost $30 million of volume.”
STACK wanted a partner with experience helping
financial services companies verify customers,
mitigate risk, and comply with AML, KYC and Financial
Transactions and Reports Analysis Centre of Canada
(FINTRAC) regulations. The company also wanted a
reliable identity verification system that would easily
integrate into its app and create a superior onboarding
experience.
After evaluating identity verification providers and
the major credit bureaus, STACK chose the one-stop
identity verification solution for financial institutions
from Trulioo. That decision was further reinforced by
other financial institutions referring Trulioo to STACK.
AML, KYC and FINTRAC Compliance
STACK leverages Trulioo during member onboarding
to verify identities and meet AML, KYC and FINTRAC
requirements.
Precision
After a one-time integration, Trulioo helps accurately
identify members. Trulioo provides access to more
than 450 global data sources, enabling companies to
verify more than 5 billion consumers in 195 countries
through a single API. The Trulioo platform also
provides a comprehensive view of how customers are
verified and enables STACK to see the reports it needs
to ensure it’s meeting regulatory requirements.