Innovations in Identity

Identity Verification Poland

Trulioo’s Identity Verification Service Now Covers Poland

Identity Verification Poland

Trulioo has extended its coverage to Poland, one of the fastest growing economies in the EU. Organizations can now use GlobalGateway, Trulioo’s marketplace of identity data and services, to verify the identity of Polish residents.

“We’re thrilled to announce that we now cover Poland,” said Stephen Ufford, CEO and founder of Trulioo. “Poland is one of the most economically and culturally vibrant places in Europe – it’s also a strong center of fintech innovation.”

Indeed, Poland’s banking sector is the largest in the Central and Eastern European regions; it’s also fertile ground for a fintech revolution. Recently, the Polish government created a regulatory sandbox to allow fintech startups and legacy financial institutions to test out new products and innovations. Last year, CEOWORLD ranked Poland the second best country in the world to invest in or do business with.

The Polish economy began transforming in 1989, when it was the first country to switch from a communist to a free market economy. Since experiencing an economic recession in 1992, the country’s economy has only bloomed – till date, the longest spell of unperturbed economic growth in history. Last year, its GDP grew by 5.1 percent – the third highest growth rate in Europe.

With a low unemployment rate and strong domestic demand, the Polish economy is poised to continue growing. Regulated entities looking to break into the Polish market need to be cognizant of the EU’s Fourth Anti-money Laundering Directive (4AMLD).

For close to a decade now, Trulioo has been helping organizations comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations around the world; GlobalGateway, Trulioo’s marketplace of identity data and services, is used by global clients to verify 5 billion customers and 250 million businesses in over 100 countries.

Trulioo’s foray into Europe is part of its larger international plans. Right from its inception, Trulioo’s mission was to deliver a truly global impact: Verify the entire human population so that everyone, regardless of their circumstances, has access to the advantages and opportunities created by the online, borderless economy.

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Learn how Trulioo’s marketplace of identity data and services can help your company build trust online, comply with cross-border AML/KYC requirements and prevent fraud.

Disclaimer: Trulioo provides no warranty that the information contained in this document is accurate, up to date or complete and in no circumstance does such information constitute legal advice. Any person who intends to rely upon or use the information contained herein in any way is solely responsible for independently verifying the information and obtaining independent expert advice if required.

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