Instantly Verify Business Entity Details and Improve Corporate KYC
Melinda Smith May, 2017
Analyze, verify and gather data intelligence for more than 250 million business entities in over 84 countries
Trulioo’s Global Business Verification service enables clients to fully automate the retrieval of company vitals from commercial registers worldwide to help streamline workflows for Know Your Business (KYB), Anti-Money Laundering (AML), Know Your Customer (KYC), and Customer Due Diligence (CDD) processes.
By combining Trulioo’s Global Business Verification, Electronic Identity Verification (eIDV) and ID Document Verification solutions, clients gain secure access to reliable data sources to instantly verify business entity details, perform watch list checks, and identify and verify the ultimate beneficial owners (UBOs) of the business – all through a single API integration.
Global Business Verification enables clients to:
Automate compliance workflows
allow staff to focus on key compliance considerations
Procure cost and time-savingsreduce manual front-to-back office operations
Improve customer onboardingtake advantage of digital processes to remove bottlenecks
Transform cumbersome manual processes into seamless digital systems
leverage Artificial Intelligence and Natural Language Processing technology