Business Verification

Solutions / Business Verification

Business Verification in Seconds

Trulioo offers Global Business Verification within GlobalGateway, the leading electronic identity verification (eIDV) platform developed for the international market. Our on-demand Business Verification Service analyzes, verifies and provides data intelligence for 250 million business entities in over 80 countries.

It enables real-time identification and verification of company records through official registers, completes an AML check of the business through watch list sources, uncovers the ultimate beneficial ownership (UBO) structure, and performs instant eIDV for all individuals deemed to be a UBO.

Global Business Verification fully automates the retrieval of company vitals from government registrars worldwide to help streamline workflows for Know Your Business (KYB), Anti-Money Laundering (AML), Know Your Customer (KYC) and Customer Due Diligence (CDD) processes.

Do you really know who you
are doing business with?

Automation & AI Technology

With integrated Optical Character Recognition (OCR), Artificial Intelligence (AI) and Natural Language Processing (NLP) technology, cumbersome manual documentation processes are transformed into seamless digital systems.

By combining Trulioo’s Global Business Verification, Electronic Identity Verification (eIDV) and ID Document Verification solutions, your business gains secure access to reliable data sources to instantly verify business entity details, perform watch list checks, and identify and verify the UBOs of the business – all through a single API integration.

Benefits

  • Validate vitals from 250 million companies in real-time
  • Access 180+ government registers and public records
  • 100% market coverage of all sized entities
  • Verify businesses in over 80 countries
  • Obtain official company documents
  • Reduce risk of fraud from forged documents
  • Customize verification rules to maximize match rates
  • Transparent verification results for business insights
  • Advanced metrics and reporting for performance monitoring
  • Track every business verification transaction for simplified auditing
  • Reduce manual and labor-intensive identity checks
  • Faster and low-cost solution for frictionless onboarding

Global Business Verification helps businesses automate compliance workflows, reduce manual front-to-back office operations, take advantage of digital processes, decrease the risk of fraud and allows businesses to focus on key compliance considerations.

With Trulioo’s Global Business Verification, clients seamlessly onboard new business entities while mitigating risk and meeting a diverse range of current and future AML compliance obligations. GlobalGateway offers a truly convenient one-stop solution to help streamline
your Customer Due Diligence processes.