“Fintech is a fast-developing and ever-changing industry and because of this, identity verification is extremely important.” — Stephen Ufford, CEO
Vancouver, B.C. (PRWEB)
June 28, 2017
Yesterday, at the Future of Fintech conference in New York City, Trulioo, the leading global identity verification company, was named on CB Insights’ Fintech 250, a select group of emerging private companies working on groundbreaking financial technology.
“Being ranked alongside fintech companies of such a high caliber is very humbling,” said Stephen Ufford, CEO of Trulioo. “Fintech is a fast-developing and ever-changing industry and because of this, identity verification is extremely important. The consequences of not verifying identities can be detrimental – from running the risk of non-compliance, to risking your business’ reputation.”
Trulioo’s real-time identity verification platform, GlobalGateway, provides secure access to more than 200 unique global data sources, from over 60 countries, to instantly verify more than 4 billion consumers. Special focus is targeted at emerging markets, where people have little to no access to the traditional banking system. By comparing registration information against information that has been collected and hosted by trusted data sources, GlobalGateway offers transparent identity verification, in real-time, through a single integration.
“We are thrilled to be helping top fintech companies who are pushing the envelope and driving innovation with their cross-border AML/KYC compliance needs,” continued Ufford. “The ability to scale efficiently and effectively is key in today’s global and digital environment.”
The conference gathered the world’s largest financial institutions, best fintech startups and most active venture investors. It featured more than 1,000 participants and was viewed by over 8000 people via livestream. An exclusive event, the conference was hosted by CB Insights – a data intelligence platform – and featured guest speakers, moderators and media personalities from across the globe.