Regulatory Compliance Optimize Identity Verification for Regulatory Compliance

Regulatory Compliance - overview

Overcome the challenge of meeting new and evolving regulatory requirements around the world with a single global identity platform. Adjust to new regulations and emerging threats with nimble identity and business verification workflows that fuel global growth. Navigate the evolving digital landscape with onboarding strategies that hold the line against fraud, money laundering and identity theft.

One-Platform

01

Manage the Evolving Regulatory Landscape

Leverage a global identity platform that removes the complexity from achieving compliance with regulations around the world.

Learn about the Trulioo identity platform

scroll-global-coverage

02

Confidently Expand Beyond Borders

Broaden your global reach with deep expertise in regional regulations across the globe.

Learn about global expansion

scroll-user-verification

03

Build Trust With Secure, Compliant Onboarding

Provide a secure onboarding experience that makes a strong first impression on your customers and builds their trust.

Learn about trust and safety

195 countries covered 5+ billion potential customers 700+ million verifiable entities 450+ data partners

Simplify KYC Identity Verification Around the World

Verify identities through a comprehensive identity platform that delivers high match rates, helps ensure compliance with regulations worldwide and delivers the convenience customers expect. Leverage artificial intelligence and machine learning, hundreds of data sources and deep expertise to optimize verifications.

Individual-Verification

Fight Fraud With Automated Know Your Business

Build a 360-degree view of business customers, from confirming registration numbers to identifying ultimate beneficial ownership. Overcome onboarding barriers to verify businesses across the globe with automated services and high-level insights.

Solution - Business Verification

Fortify Your Customer Base With Watchlist Screening

Tap into more than 450 global and local data sources, 6,000 watchlists and 20,000 adverse media sources to amplify match rates, meet KYC and AML compliance, and fuel market expansion. Adjust to evolving regulations and enter new markets confidently with a single identity verification platform.

Solution - AML Watchlist Screening

Leading Compliance Capabilities for Regulatory Requirements

Explore KYC, KYB and AML regulations around the world and learn how agile, customizable workflows can deliver compliance anywhere. The Trulioo suite of in-house verification capabilities helps organizations meet FinCEN, FINRA, FCA, FINTRAC, CySEC and other regulatory requirements across the globe.

Buyer’s Guide to Digital Identity Verification

Buyer’s Guide

Your Buyer’s Guide to Digital Identity Verification

Meet the demands of your global business and confidently navigate the complex identity verification landscape.

Download the guide

Your Regulatory Compliance Partner

Truly Global

In an ever-expanding digital world, Trulioo empowers everyone to take part in the global economy.

Intuitive Technology

Trulioo is the integrated identity platform global businesses turn to for sophisticated capabilities that enable growth, innovation and compliance.

Built for Growth

Trulioo customers can expand faster, accelerate product launches and increase speed to market by leveraging workflows that meet their specific needs.

You’re in Good Company

Join the companies that have achieved global success with Trulioo.

Regulatory Compliance Resources

Resources and insights to help you overcome regulatory compliance challenges around the world.

AML Compliance Checklist

AML

Article   |   10 min

AML Compliance Checklist: Best Practices for Anti-Money Laundering

Customer Identification Program

Individual Verification (KYC)

Article   |   6 min

Manage Customer Identification Program Requirements

Risk-based Approach – Effective Procedures to Determine and Manage AML & KYC Risk

Compliance

Article   |   7 min

Risk-based approach – effective procedures to determine and manage AML & KYC risk

Customer Due Diligence checklist

Individual Verification (KYC)

Article   |   6 min

Customer Due Diligence Checklist — Five Steps to Improve Your CDD

Business Verification (KYB)

Article   |   9 min

Enhanced Due Diligence Procedures for High-Risk Customers

Embracing Perpetual KYC With Ongoing Customer Due Diligence

Compliance

Article   |   4 min

Embracing Perpetual KYC With Ongoing Customer Due Diligence

Consequences of UBO failures

Video

Anti-Money Laundering – The Critical Role of AML Compliance

Learn about AML compliance and how effective Anti-Money Laundering techniques and tools can help organizations meet regulatory requirements, avoid fines and maintain their brand’s reputation.

Frequently Asked Questions

Learn more about key industry terms and concepts.

Customer identification program (CIP) requirements govern financial institutions’ “reasonable” procedures to gather and maintain customers’ identity information and run watchlist checks on them.

In Canada, regulated companies report to the Financial Transactions and Reports Analysis Centre of Canada. FINTRAC reporting obligations specify acceptable identity verification methods for people and business entities.

The Financial Conduct Authority (FCA) is the U.K. regulator for financial services firms and financial markets. KYC requirements in the U.K. include identifying and verifying a customer’s identity and assessing the purpose of the business relationship.

Regulated entities in the EU must comply with the 6th Anti-Money Laundering Directive (6AMLD), which includes requirements for the collection, verification and storage of personally identifiable information (PII). The directive also establishes requirements for screening customers against sanctions lists, politically exposed person (PEP) lists and adverse news to assess risk.

The Cyprus Securities and Exchange Commission (CySEC) is the regulatory agency supervising the investment services market. As an EU member state, Cyprus follows the requirements for 6AMLD and other EU identity verification obligations.

The Monetary Authority of Singapore (MAS) supervises the regulatory guidelines for KYC. Under the National Digital Identity (NDI) program, Myinfo is a service that provides verified personal and corporate data and is “a reliable and independent source for the purposes of verifying the customer’s name, unique identification number, date of birth, nationality and residential address.”

In China, KYC regulations are covered by the Administrative Measures for Financial Institutions on Customer Due Diligence Investigations and Keeping of Customer Identity Information and Transaction Records.

Navigate the Maze of Regulations Around the World

Discover how our comprehensive, integrated identity platform can help you adapt to new regulations and market shifts across the globe.

Book a demo