Trulioo — Case Study
The
Challenge
A prominent remittance, payments
and money transfer organization
faced the complex challenge of
maintaining regulatory compliance
across markets worldwide while
prioritizing swift, cost-effective
customer onboarding.
Striking the balance between compliance and
convenience, though, requires a meticulously refined
onboarding process fortified by a strong partner with
expertise in precise data source allocation.
The organization turned to Trulioo to initiate an
onboarding optimization effort to gain insight into
the nuances influencing the cost of a verified, high-
value user. The remittance company’s objective
was to identify opportunities to increase onboarding
efficiencies without compromising speed, accuracy,
compliance or the user experience.
The organization’s average increase
in revenue for each verification rate
percentage uplift