{"id":36899,"date":"2023-08-16T22:58:01","date_gmt":"2023-08-16T22:58:01","guid":{"rendered":"https:\/\/www.trulioo.com\/blog\/"},"modified":"2023-08-16T23:00:44","modified_gmt":"2023-08-16T23:00:44","slug":"identity-business-verification-roadmap","status":"publish","type":"post","link":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap","title":{"rendered":"A Roadmap to Identity and Business Verification in 2023"},"content":{"rendered":"\n<p>Identity verification can be a complex puzzle involving ID documents, personally identifiable information, biometrics and watchlists to confirm people are who they say they are and not a threat.<\/p>\n\n\n\n<p>Business verification can be even more complicated and involve costly manual reviews that can take weeks. The complexity multiplies for international companies that have to navigate a maze of verification regulations around the world.<\/p>\n\n\n\n<p>Trulioo recognizes the verification challenges businesses face and has hosted a series of webinars this year to provide onboarding insights, strategies and best practices.&nbsp;<\/p>\n\n\n\n<p><div style=\"padding:56.25% 0 0 0;position:relative;\"><iframe src=\"https:\/\/player.vimeo.com\/video\/852834819?h=5024b541d9&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\" title=\"Thought Leadership in Identity Verification; 2023 Webinar Highlights Reel\"><\/iframe><\/div><script src=\"https:\/\/player.vimeo.com\/api\/player.js\"><\/script><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-identity-verification-is-a-key-business-strategy\">Identity Verification Is a Key Business Strategy<\/h2>\n\n\n\n<p>Verified identities are crucial to building trust in a digital economy.<\/p>\n\n\n\n<p>Identity verification is more than just a compliance requirement or fraud prevention technique. It can be a critical step in the customer journey and a key element in business strategies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-user-experience-drives-revenue\">User Experience Drives Revenue<\/h2>\n\n\n\n<p>User experience is critical to preventing onboarding abandonment, and when businesses fail to convert good customers, the fallout often goes beyond one lost transaction.<\/p>\n\n\n\n<p>The friction during onboarding that can lead to abandonment can stem from organizations using multiple verification point solutions that cause delays and unnecessary demands on the customer.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-verification-complexity-can-create-silos\">Verification Complexity Can Create Silos<\/h2>\n\n\n\n<p>Companies often turn to multiple point solutions to solve person and business verification challenges for different markets and use cases.<\/p>\n\n\n\n<p>That can result in a complicated roster of vendors and solutions that leads to operational silos, swelling costs and onboarding delays. Those disparate systems can be a burden to manage and can lead to security gaps.<\/p>\n\n\n\n<p>A holistic approach to identity and business verification through a single platform can position companies to avoid those complexities and optimize onboarding.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-watch-the-webinar-series-on-demand\">Watch the Webinar Series On Demand<\/h2>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/paypers-the-real-cost-of-a-good-verified-customer.html\"><strong>Paypers: The Real Cost of a Good Customer<\/strong><strong><br><\/strong><\/a>Learn how companies can optimize the cost of a good, verified customer without negatively affecting onboarding.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/liminal-the-rise-of-integrated-identity-platforms.html\"><strong>Liminal: The Rise of Integrated Identity Platforms<\/strong><strong><br><\/strong><\/a>Discover how to overcome the challenges of using point solutions for person and business verification.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/why-your-kyb-is-only-as-good-as-your-kyc.html\"><strong>Why Your KYB Is Only As Good As Your KYC<\/strong><strong><br><\/strong><\/a>Explore the complexity of Know Your Business and Know Your Customer regulations and how a single, integrated identity verification platform can help streamline the process of ensuring people and businesses are who they say they are.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/solving-the-identity-puzzle.html\"><strong>Solving the Identity Puzzle<\/strong><strong><br><\/strong><\/a>Learn new strategies for verifying people and businesses through a single identity platform.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/navigate-evolving-fraud.html\"><strong>How to Navigate the Evolving Fraud Landscape: Tips for Marketplaces<\/strong><strong><br><\/strong><\/a>Discover how marketplaces can enhance fraud prevention, reduce customer and seller onboarding friction, and expand globally with comprehensive and layered identity verification.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/webinar-identity-document-verification-top-5-myths-debunked.html\"><strong>Identity Document Verification: Top 5 Myths Debunked<\/strong><strong><br><\/strong><\/a>Uncover the top five myths about identity document verification and explore how the Trulioo identity platform can deliver a balanced onboarding experience that drives growth.<\/p>\n\n\n\n<p><a href=\"https:\/\/id.trulioo.com\/webinar-rethinking-identity.html\"><strong>Rethinking Identity: A Single Platform to Verify People and Businesses<\/strong><strong><br><\/strong><\/a>Learn how a global identity platform can enable accelerated person and business verification that fuels worldwide expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"Identity verification can be a complex puzzle involving ID documents, personally identifiable information, biometrics and&#8230;","protected":false},"author":8,"featured_media":36912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[364,334],"post-types":[172,205],"post-topics":[366,131],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.1 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Roadmap to Identity and Business Verification in 2023<\/title>\n<meta name=\"description\" content=\"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Roadmap to Identity and Business Verification in 2023\" \/>\n<meta property=\"og:description\" content=\"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\" \/>\n<meta property=\"og:site_name\" content=\"Trulioo\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/trulioo\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-16T22:58:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-16T23:00:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/08\/trulioo-blog-webinar-highlights.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1370\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Valkama\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@trulioo\" \/>\n<meta name=\"twitter:site\" content=\"@trulioo\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Valkama\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\"},\"author\":{\"name\":\"Paul Valkama\",\"@id\":\"https:\/\/www.trulioo.com\/#\/schema\/person\/4dedbd41574b6b5754919a490ed4d5ae\"},\"headline\":\"A Roadmap to Identity and Business Verification in 2023\",\"datePublished\":\"2023-08-16T22:58:01+00:00\",\"dateModified\":\"2023-08-16T23:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\"},\"wordCount\":488,\"publisher\":{\"@id\":\"https:\/\/www.trulioo.com\/#organization\"},\"articleSection\":[\"Identity Platform\",\"Identity Verification\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\",\"url\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\",\"name\":\"A Roadmap to Identity and Business Verification in 2023\",\"isPartOf\":{\"@id\":\"https:\/\/www.trulioo.com\/#website\"},\"datePublished\":\"2023-08-16T22:58:01+00:00\",\"dateModified\":\"2023-08-16T23:00:44+00:00\",\"description\":\"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.trulioo.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Identity Platform\",\"item\":\"https:\/\/www.trulioo.com\/post-topics\/identity-platform\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"A Roadmap to Identity and Business Verification in 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.trulioo.com\/#website\",\"url\":\"https:\/\/www.trulioo.com\/\",\"name\":\"Trulioo\",\"description\":\"Building trust online (online identity verification services)\",\"publisher\":{\"@id\":\"https:\/\/www.trulioo.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.trulioo.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.trulioo.com\/#organization\",\"name\":\"Trulioo\",\"url\":\"https:\/\/www.trulioo.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.trulioo.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/Trulioo-Wordmark-Dark-Green.png\",\"contentUrl\":\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/Trulioo-Wordmark-Dark-Green.png\",\"width\":2784,\"height\":1464,\"caption\":\"Trulioo\"},\"image\":{\"@id\":\"https:\/\/www.trulioo.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/trulioo\",\"https:\/\/twitter.com\/trulioo\",\"https:\/\/www.linkedin.com\/company\/trulioo\",\"https:\/\/www.instagram.com\/trulioo_global\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.trulioo.com\/#\/schema\/person\/4dedbd41574b6b5754919a490ed4d5ae\",\"name\":\"Paul Valkama\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.trulioo.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ae0ad041b53eb878badb2c5744ad4691?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ae0ad041b53eb878badb2c5744ad4691?s=96&d=mm&r=g\",\"caption\":\"Paul Valkama\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A Roadmap to Identity and Business Verification in 2023","description":"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap","og_locale":"en_US","og_type":"article","og_title":"A Roadmap to Identity and Business Verification in 2023","og_description":"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.","og_url":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap","og_site_name":"Trulioo","article_publisher":"https:\/\/www.facebook.com\/trulioo","article_published_time":"2023-08-16T22:58:01+00:00","article_modified_time":"2023-08-16T23:00:44+00:00","og_image":[{"width":2400,"height":1370,"url":"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/08\/trulioo-blog-webinar-highlights.jpg","type":"image\/jpeg"}],"author":"Paul Valkama","twitter_card":"summary_large_image","twitter_creator":"@trulioo","twitter_site":"@trulioo","twitter_misc":{"Written by":"Paul Valkama","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#article","isPartOf":{"@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap"},"author":{"name":"Paul Valkama","@id":"https:\/\/www.trulioo.com\/#\/schema\/person\/4dedbd41574b6b5754919a490ed4d5ae"},"headline":"A Roadmap to Identity and Business Verification in 2023","datePublished":"2023-08-16T22:58:01+00:00","dateModified":"2023-08-16T23:00:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap"},"wordCount":488,"publisher":{"@id":"https:\/\/www.trulioo.com\/#organization"},"articleSection":["Identity Platform","Identity Verification"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap","url":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap","name":"A Roadmap to Identity and Business Verification in 2023","isPartOf":{"@id":"https:\/\/www.trulioo.com\/#website"},"datePublished":"2023-08-16T22:58:01+00:00","dateModified":"2023-08-16T23:00:44+00:00","description":"Highlights from a series of webinars in 2023 that provide identity and business verification insights, strategies and best practices.","breadcrumb":{"@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.trulioo.com\/blog\/identity-platform\/identity-business-verification-roadmap#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.trulioo.com\/"},{"@type":"ListItem","position":2,"name":"Identity Platform","item":"https:\/\/www.trulioo.com\/post-topics\/identity-platform"},{"@type":"ListItem","position":3,"name":"A Roadmap to Identity and Business Verification in 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.trulioo.com\/#website","url":"https:\/\/www.trulioo.com\/","name":"Trulioo","description":"Building trust online (online identity verification services)","publisher":{"@id":"https:\/\/www.trulioo.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.trulioo.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.trulioo.com\/#organization","name":"Trulioo","url":"https:\/\/www.trulioo.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.trulioo.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/Trulioo-Wordmark-Dark-Green.png","contentUrl":"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/01\/Trulioo-Wordmark-Dark-Green.png","width":2784,"height":1464,"caption":"Trulioo"},"image":{"@id":"https:\/\/www.trulioo.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/trulioo","https:\/\/twitter.com\/trulioo","https:\/\/www.linkedin.com\/company\/trulioo","https:\/\/www.instagram.com\/trulioo_global\/"]},{"@type":"Person","@id":"https:\/\/www.trulioo.com\/#\/schema\/person\/4dedbd41574b6b5754919a490ed4d5ae","name":"Paul Valkama","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.trulioo.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ae0ad041b53eb878badb2c5744ad4691?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae0ad041b53eb878badb2c5744ad4691?s=96&d=mm&r=g","caption":"Paul Valkama"}}]}},"_links":{"self":[{"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/posts\/36899"}],"collection":[{"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/comments?post=36899"}],"version-history":[{"count":1,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/posts\/36899\/revisions"}],"predecessor-version":[{"id":36924,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/posts\/36899\/revisions\/36924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/media\/36912"}],"wp:attachment":[{"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/media?parent=36899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/categories?post=36899"},{"taxonomy":"post-types","embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/post-types?post=36899"},{"taxonomy":"post-topics","embeddable":true,"href":"https:\/\/www.trulioo.com\/wp-json\/wp\/v2\/post-topics?post=36899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}