Trulioo announced a wave of improvements to its global identity platform to strengthen fraud prevention, simplify compliance, and bring transparency to the entire digital journey: from initial verification and payments to ongoing monitoring and risk assessment of individuals and companies.
The company—covering 195 countries, validating over 14,000+ identity documents, and verifying 700 million entities against 6,000+ lists—positions these updates as a shift from a single verification to a continuous trust cycle, utilizing advanced biometrics and dynamic KYB powered by intelligence.
What’s New
Verification and Biometrics (Individuals)
- Redesigned Portal + Intelligent KYC
A new portal—built on a —integrates more than 60 anti-fraud signals to provide transaction visibility, explainable results, and actionable insights that streamline risk assessment. - Known Faces + Biometric Authentication
The Known Faces feature identifies known faces to flag repeat offenders and recognize trusted users through 1:N comparison against the client’s image library.
Initial results: a major financial provider reported a −15% reduction in repeated fraud attempts and a −12% decrease in manual reviews after adopting it. - Updated Verification SDK
Faster and more sleek flows to reduce abandonment and improve conversion during onboarding. - Integrity Checks for Non-ID Documents
Detection of manipulation/tampering in utility bills, bank statements, and other supporting documents to catch irregularities early.
Continuous KYB as an “Intelligence Layer” (Businesses)
- Real-Time Monitoring + Automated Remediation
Tracks corporate changes, ownership transfers, regulatory filings, and sanction exposure with alerts and automated workflows to maintain compliance and cut manual tasks. - Web and Social Media Analytics
Proprietary algorithms analyze the digital footprint (websites, directories, social profiles) to verify legitimacy, detect restricted sectors, and spot inconsistencies that are not recorded elsewhere. - Risk Scoring and Business Reputation
Consolidates signals from registries, behavior, and network associations into comprehensive scores for better decision-making.
Why It Matters
- More sophisticated fraud, less friction: AI/ML-driven document and biometric verification that boosts detection without disrupting the user experience.
- Scaling compliance: Shifting from point checks to continuous intelligence helps anticipate changes and avoid penalties in evolving markets.
- Transparency and Traceability: Explorable portals and signals simplify auditing, internal SLA management, and alignment between risk, compliance, and product teams.
Who Benefits
- Banking, fintech, payments, crypto, trading, marketplaces and remittances: more efficient onboarding, less repeated fraud, and fewer manual reviews.
- Wealth/FX/Insurance: ongoing KYB and reputational monitoring for portfolios and counterparties.
- Global expansion: a single stack with multinational coverage, sanction lists, and industry-specific models.
The Essentials at a Glance
- End-to-end identity: initial verification → payments → continuous monitoring.
- Biometrics + Known Faces: −15% repeated fraud, −12% manual reviews (client case).
- AI-powered KYC/KYB: 60+ anti-fraud signals, web/social analytics, and risk scoring.
- Lower operational costs: faster decisions, less friction, and automatic remediation.
“Verification alone is no longer enough: companies need real-time intelligence that keeps pace with fraud and regulation,” said Zac Cohen, CPO of Trulioo. “These innovations give a competitive edge in fast-moving and regulated markets.”
Source: Trulioo