Partnership to increase access to higher education, develop careers in technology

Vancouver, British Columbia, Dec. 14, 2022 Trulioo, a leading global digital identity verification platform, is partnering with Beedie Luminaries to support post-secondary students within the program who are pursuing their studies in science, technology, engineering and mathematics (STEM). Beedie Luminaries is a social-profit enterprise that helps remove barriers to education and provides wraparound support for promising students facing financial adversity. Trulioo has made a $300,000, five-year commitment that includes scholarships, paid internships and dedicated mentoring.

“Beedie Luminaries is doing important work to level the playing field for students facing financial barriers, and we are pleased to join that effort,” said Steve Munford, Trulioo CEO. “We are dedicated to paving the way for the next generation of technology professionals who will take British Columbia’s tech industry to new heights.”

Each year, two students in the Beedie Luminaries program will be selected to receive the Trulioo Award, a scholarship dedicated to students pursuing degrees in STEM. Trulioo will also provide paid internships for the Trulioo Award winners and additional Beedie Luminaries students. Each Beedie Luminaries intern will receive one-on-one mentoring in their desired field from a Trulioo team member.

“We are grateful to Trulioo for joining us in our efforts to remove barriers to higher education for deserving, driven and highly engaged British Columbians,” said Ryan Beedie, founder of Beedie Luminaries and President of Beedie. “Through the collective power of philanthropy, corporate and community partnerships, we are able to extend our support to even more talented British Columbians so they can reach their full potential.”

Beedie Luminaries’ mission is to give promising British Columbia students the opportunity to advance their education, achieve their dreams and inspire others. The foundation offers comprehensive programs to help Grade 12 students, single parents and refugee students pursue further education. To learn more about Beedie Luminaries, visit www.beedieluminaries.ca.

To learn more about Trulioo, visit https://www.trulioo.com/.

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About Trulioo

Trulioo is a leading global identity verification company building trust online so businesses and consumers can transact safely and securely. Trulioo provides real-time verification of more than 5 billion consumers and 300 million business entities worldwide — all through a single API integration. Organizations rely on Trulioo to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows. The Trulioo mission is to help provide every person on the planet with a digital identity to enable access to basic financial services and support. For more information, visit Trulioo.com.

About Beedie Luminaries

Beedie Luminaries is a registered foundation and a non-profit society that is working to create brighter futures for bright minds. The foundation’s mission is built on the premise that education can enhance future career opportunities, and fundamentally create positive societal outcomes. The program offers financial support to students applying to British Columbia public post-secondary institutions, including universities, colleges and trade schools. www.beedieluminaries.ca 

Media Contact

Alison Gallagher

New Trulioo report finds 78% of consumers are comfortable with onboarding taking longer or involving more steps 

Vancouver, British Columbia, Nov. 29, 2022: New research from Trulioo, a leading global digital identity verification platform, shows that 87% of online marketplace leaders view identity verification as critical to protecting consumers and building trust during unpredictable times. Those respondents also overwhelmingly see identity verification as more than just a single step during onboarding, with 90% saying it should be continuous throughout the customer journey.

The research, highlighted in the “Wary Customers Seek Reassurance From Online Marketplaces” report, reveals that consumers want online brands to do more to protect them against fraud and identity theft. It found that for 73% of consumers, online security is a bigger consideration than it was three years ago.

The research also found:

  • 57% of consumers are more tolerant of identity verification
  • 85% say online brands that invest in the best identity verification show they care about their customers 
  • 75% of online marketplace leaders acknowledge digital trust has eroded during the past three years and consumers are on higher alert
  • 58% of those marketplace respondents report their organization added more identity verification steps to adapt quickly to fraud and cybercrime threats

“Trust and safety are the foundation for online marketplaces,” said Steve Munford, Trulioo CEO. “Identity and business verification are crucial to establishing that trust while also allowing marketplaces to adapt to emerging threats, simplify global expansion and ensure they are providing a secure environment that maintains the convenient experiences customers expect.”

The research underscored the importance of identity verification agility and resilience, with 74% of online marketplace leaders saying it’s needed for complex geographical expansion and 90% saying increasing user volume is intensifying the need. Download the report for more insight into how online marketplaces are adjusting to customer expectations and establishing a competitive advantage through identity verification. 

Visit Trulioo to learn how fast, accurate and secure identity verification can help companies optimize onboarding and build long-lasting relationships.

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Media Contact

Alison Gallagher

About Trulioo

Trulioo is a leading global identity verification company building trust online so businesses and consumers can transact safely and securely. Trulioo provides real-time verification of more than 5 billion consumers and 300 million business entities worldwide — all through a single API integration. Organizations rely on Trulioo to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows. The Trulioo mission is to help provide every person on the planet with a digital identity to enable access to basic financial services and support. For more information, visit Trulioo.com.

Company achieved 590% revenue growth, also ranked 3rd on Deloitte’s Technology Fast 50™ program as part of the Enterprise Fast 15 list

Vancouver, British Columbia, November 16, 2022Trulioo, a leader in global identity verification, today announces it ranked No. 249 on the Deloitte North America Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Trulioo also ranked No. 3 as one of Canada’s Enterprise Fast 15 winners in Deloitte’s Technology Fast 50™ program, a program that recognizes Canada’s 15 fastest-growing enterprise-level technology, media, and telecommunications companies based on the highest revenue-growth percentage over the past four years. Trulioo revenue grew 590% during this period.

Trulioo CEO Steve Munford credits the company’s exceptional growth and organizational maturity to the team’s dedication to working closely with customers and building the world’s most comprehensive identity verification platform. 

“We work hard to empower companies to build trust and safety for their customers, navigate evolving compliance challenges and easily expand to new markets,” Munford said. “We are honored to be included among so many inspiring companies. This recognition is a testament to the hard work of our talented and diverse team – their passion, creativity and relentless focus on doing the right thing for our customers makes it all possible.” 

Trulioo was previously ranked as a “Company-to-Watch” as part of the Technology Fast 50™ awards in 2014.

“This year’s Enterprise Fast 15 winners represent a high level of excellence and success as members of Canada’s elite in the technology sector,” stated Anders McKenzie, partner and national leader for the Technology Fast 50™ program at Deloitte Canada. “With their bold vision for the future, impactful technologies, competitive drive, and passion for pushing the boundaries, these winners catapult Canadian innovation forward nationally and on the global stage. No doubt their successes are a source of pride and inspiration for all tech entrepreneurs.”

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

To qualify for the  Enterprise Fast 15 award as part of Deloitte’s Technology Fast 50 program, companies must have recorded a minimum revenue of $10 million in 2018 and a minimum revenue of $25 million in 2021.

For more information about how Trulioo enables many of the world’s biggest companies to build trust through identity verification, visit trulioo.com

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Media Contact

Alison Gallagher

About Trulioo

Trulioo is a leading global identity verification company building trust online so businesses and consumers can transact safely and securely. Trulioo provides real-time verification of 5 billion consumers and 330 million business entities worldwide — all through a single API integration. Organizations rely on its identity verification platform, GlobalGateway, to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows. The Trulioo mission is to help provide every person on the planet with a digital identity to enable access to basic financial services and support. For more information, visit Trulioo.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

About the Deloitte Technology Fast 50™ program

The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating its 25th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2022 program sponsors include Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Clarity Recruitment, Lafond, and TMX. For further information, visit www.fast50.ca.