Trulioo Lands a Spot as One of 100 Finalists for TiE50 2014
Trulioo has been chosen as one of 100 finalists for the TiE50 Awards out of over 2800 competitors! Thanks so much to everyone for their support and hard work! We’ve also been added to TiE Silicon Valley’s “2014 Global Hot Technology Start-up Watch List” to be posted here.
TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by thousands of technology start-ups worldwide. Awards are announced at TiEcon, the world’s largest conference for entrepreneurs. TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking and education for technology entrepreneurs worldwide. Their global network of 54 chapters located in most major North American, Asian and European countries and cities with more than 14,000 members across 13 countries.
Trulioo has created an innovative alternative to online identity verification by using social login. This method takes advantage of data pulled from social networks, which can be seen as more authentic as 88% of users falsify information during the traditional sign-up process. Trulioo is able to score an identity as either machine generated, authentic, or fraudulent, sending a signal to site owners. This technology has far reaching implications for not only increasing effectiveness in stopping fraud but also for enabling e-commerce in developing communities where there is a significant lack of certified identification.