Innovations in Identity

Trulioo Wins Europe’s 2015 Digital Identity Innovation Award

Identity Innovation Award Winner

Trulioo was presented with Europe’s Identity Innovation Award during IDnext’s Annual un-conference in Holland on April 15th, 2015. The award is organized by the IDnext platform in close cooperation with NVVB (Nederlandse Vereniging voor Burgerzaken), the Dutch Association of Civil Services.

Trulioo is the world’s first, social-driven “identity bureau” providing online businesses with a Normalized API to instantly verify users across the globe. Trulioo’s bank-grade online identity verification service (IDV), GlobalGateway, helps businesses comply with a diverse range of international IDV requirements, including Anti-Money Laundering (AML) regulations and Know Your Customer (KYC) rules, by enabling businesses access to advanced analytics from both traditional identity and cyber identity data sources to verify customers in real-time, increasing customer acquisition while reducing risk and fraud, and fulfilling industry and regional compliance regulations.

“What the jury found particularly interesting is the proven successful bundled deployment of innovative access control attributes,” said Nick Smaling, managing consultant at Deloitte Risk Services. “We judged the entries based on innovation and end user value, the potential success and degree of development of privacy policy.”

Trulioo’s disruptive technology encapsulates the strengths of traditional ID verification and implements the latest capabilities in online tech today. Today, online businesses must jump through hoops to access data to verify customers both regionally and cross borders. Trulioo has created an innovative identity verification product that fuses both traditional and cyber identity data, enabling organizations to verify people online regardless of location, race, creed, color, situation, circumstance or environment – anywhere and anytime. As the world evolves into one global marketplace, smart businesses are optimizing identity verification and onboarding processes so that they can open their doors to consumers worldwide, whilst protecting their business from fraud, identity theft, money laundering and other online criminal activities.

Trulioo’s identity verification provides access to more than 3 billion people from over 40 countries via 140 data sources worldwide – the widest coverage in the market.

All submissions were judged on the following criteria:

  • Innovative – How innovative is the submission, e.g., technological or business model
  • Success & impact – where the jury members will also consider expected future impact
  • Privacy – is there a positive impact on privacy, has privacy been sufficiently considered
  • End-user value – value from the perspective of the end-user/citizen, also where applicable the perspective of other stakeholders will be taken into account.

The judges for this year’s Identity Innovation Award include Nick Smaling, Deloitte Managing Consultant for Cyber Risk Services department, Simon Rijsdijk, Chairman of the Dutch Association of Civil Services (NVVB: Nederlandse Vereniging voor Burgerzaken), Winfried van der Valk, Head of Access Services at Logius, Marie Johnson, Managing Director of the Center for Digital Business Pty Limited, Jacoba Sieders, Head Identity & Access Management for ABN AMRO Bank, and Douwe Lycklama, Founder of Innopay.

About IDnext

IDnext is the open and independent platform to support innovative approaches in the world of the Digital Identity, create awareness and provide a knowledge and networking platform for experts in IT, Business and Marketers as an European centre of expertise. Each year, IDnext hosts an event, known as the European (un)- conference, that is Digital Identity Industry’s leading networking and knowledge sharing event with a program built around the true key issues of the digital identity of both private and public organizations.

The information in this blog is intended for public discussion and educational purposes only. It does not constitute legal advice.

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