Expanding GlobalGateway’s identity verification coverage to include citizens of Thailand helps to establish a layer of trust online, enabling faster and more secure transactions, while also safeguarding Thailand’s strengthening economy.
Vancouver, B.C. (PRWEB)
June 27, 2017
Transforming the identity verification system in Thailand is a welcome move, as burgeoning digital banking services continue to gain momentum, which has inevitably heightened awareness surrounding cyber security.
“Having a financial ecosystem that’s powered by robust regulatory compliance systems is essential to shaping Thailand’s hold as one of the most technologically advanced countries in Southeast Asia,” said Stephen Ufford, CEO of Trulioo. “Expanding GlobalGateway’s identity verification coverage to include citizens of Thailand helps to establish a layer of trust online, enabling faster and more secure transactions, while also safeguarding Thailand’s strengthening economy.”
Digital identification systems have gained traction in Thailand – largely driven by the national e-payment system and the proliferation of fintech services. Fintech’s are simulating innovation across Thailand’s financial services industry as well as adjacent industries, including commerce, healthcare and even education.
“By integrating our global solution to customer onboarding processes, our clients have access to over four billion verifiable identities worldwide in a matter of seconds, allowing them the ability to greatly expand their business footprint,” said Ufford.
This extended coverage will also help further Trulioo’s mission to provide cross-border Know Your Customer (KYC) and Anti-Money Laundering (AML)-compliant identity verification for every individual on every corner of the globe.
Trulioo is a global ID verification company that provides advanced analytics from traditional and alternative data sources to instantly verify identities online. The…