Trulioo Now Offers Global eIDV with ID Document Verification
We are excited to announce that GlobalGateway now offers ID Document Verification with a second layer of biometric authentication to help optimize customer acquisition, mitigate risk, reduce fraud, and adhere to a diverse range of compliance requirements, especially for regulated businesses transacting across borders.
Through a partnership with Mitek, the global leader in mobile capture and identity verification software solutions serving over 5,600 financial services organizations, Trulioo’s API now collects, analyzes and authenticates 3,500 different types of passports, driver licenses and identity cards from nearly every country in the world. To prove the person holding the license is the person they say they are, the user can take a selfie and that picture is compared to the photo on the ID document.
“Identity document verification with facial comparison enables an additional factor of authentication for high value transactions,” said Stephen Ufford, CEO of Trulioo. “This new partnership with Mitek ensures our clients continue to have instant access to powerful tools for their fraud prevention and compliance systems.”
Augmenting our leading global electronic identity verification (eIDV) service with ID Document Verification capabilities provides our clients with a comprehensive and effective customer onboarding process that helps mitigate the high abandonment rate of potential customers. For cases where there is insufficient or invalid identity data, ID Document Verification offers an alternative verification process to help reduce fraud and increase customer acquisition.
“We are pleased to collaborate with Trulioo to provide the industry with a comprehensive ID verification solution that combines both our companies’ expertise for today’s digital era,” said Sarah Clark, General Manager, Identity Solutions at Mitek, a publicly traded company headquartered in San Diego, California with office in London and Amsterdam.
Trulioo’s API is the first global identity verification provider that offers the power of both technologies through a single integration and contract.
Working in tandem, global eIDV and ID Document Verification enables clients to:
- Reduce the rate of soft declines
assist with AML/KYC compliance and fraud prevention while providing increased coverage
- Procure cost and time-savings
reduce demand on staff by cutting intensive, manual processes
- Improve customer onboarding
eliminate the need for face-to-face authentication of documents
For more information about Trulioo’s global eIDV and ID Document Verification solution, download the ID Document Verification Brochure today.