With ambitions to attain high-income status by 2020 through growth of its financial sector and foreign investment, Malaysia recently enacted new tougher anti-money laundering (AML) and know your customer (KYC) regulations. This will likely increase the likelihood of it gaining full membership into the Financial Action Task Force (FATF) and provide official recognition of Malaysia as a safe and attractive environment for offshore investors.
In order to offer businesses enhanced match rates in Malaysia, our team is pleased to announce that Malaysian credit header data is now available as a data source for identity verification via GlobalGateway. Trulioo’s AML/KYC compliant electronic identity verification (eIDV) service will help businesses adhere to Malaysia’s strict due diligence rules. Contact us today if you would like to gain access to this data source or if you would like to find out more about how instant online identity verification can help your business meet its international compliance obligations.
Do you need eIDV for a country that is not currently covered by GlobalGateway? Let us know by sending a request through our Contact Form, and our team will do our best to secure data sources in the requested country.
GlobalGateway is the leading eIDV product for businesses and organizations that need to verify identities worldwide, with access to more than 140 trusted and reliable data sources covering 40+ countries and over 3 billion people. Clients around the world in a wide range of industries including e-commerce, finance, payments, money services, insurance, gaming, and foreign exchange rely on GlobalGateway to meet all of their due diligence, risk mitigation, and age verification requirements.
Want to learn more? Check out our online resources page to find out how GlobalGateway can help streamline your AML/KYC compliance needs. Contact our sales team to book a live product demonstration.