{"id":37087,"date":"2023-08-24T13:00:00","date_gmt":"2023-08-24T13:00:00","guid":{"rendered":"https:\/\/www.trulioo.com\/?post_type=newsroom&p=37087"},"modified":"2023-09-20T18:56:36","modified_gmt":"2023-09-20T18:56:36","slug":"trulioo-unveils-advanced-global-person-match-services","status":"publish","type":"newsroom","link":"https:\/\/www.trulioo.com\/company\/newsroom\/company-news\/trulioo-unveils-advanced-global-person-match-services","title":{"rendered":"Trulioo Unveils Advanced Global Person Match Services With Intelligent Routing to Further Enhance Its State-of-the-Art Identity Verification Platform"},"content":{"rendered":"\n

Trulioo optimizes business and consumer verification using data and documents and applies intelligent technology to improve results and reduce the costs of onboarding good users<\/em><\/p>\n\n\n\n

<\/p>\n\n\n\n

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Vancouver, British Columbia<\/strong>, Aug. 24, 2023 \u2014 Trulioo<\/a>, a leading global identity verification platform, today announced new Workflow Studio<\/a> capabilities to accelerate person matching worldwide. Trulioo provides an alternative to the complex array of vendors that companies often depend on to ensure reliable person matching through personally identifiable information (PII) and identity documents. The Trulioo platform streamlines the verification of good users through intelligent transaction routing that improves match rates and helps businesses accelerate customer onboarding<\/a>. <\/p>\n\n\n\n

Defeating a Legacy Problem<\/strong><\/p>\n\n\n\n

Today\u2019s highly regulated international business environment demands comprehensive, accurate identity verification. But global companies facing stringent regulatory compliance<\/a> requirements for person matching often resort to multiple vendor solutions, creating complex, time-consuming, tiered functions that result in additional expense and decreased efficiency. <\/p>\n\n\n\n

Trulioo streamlines identity verification and reverification with automated workflows that identify optimal combinations of PII matching, ID documents and watchlists to efficiently verify the right customers. Those capabilities eliminate the need for multiple vendors and complex solution waterfalling. The result is streamlined and efficient identity verification that aligns with the demands of today’s dynamic regulatory landscape. <\/p>\n\n\n\n

\u201cA piecemeal approach to person matching through multiple vendors has been a necessary evil in the industry because incomplete products have failed to meet the challenges of diverse demographics and regional limitations,\u201d said Michael Ramsbacker, Trulioo chief product officer. \u201cThe Trulioo breakthrough approach eliminates the need for redundant, complex multivendor verification systems, enabling organizations to quickly and intelligently onboard customers and gain a competitive advantage. The proof is in the platform, and we invite everyone to test it themselves.\u201d<\/p>\n\n\n\n

Leveraging enhanced artificial intelligence and machine learning, Trulioo helps organizations assess millions of configurations to ensure the right balance of performance, job processing time and cost. Trulioo applies smart, data-based business logic to adjust in real-time to customers\u2019 PII and funnel them to the most optimized onboarding workflow. That approach ensures maximum performance and good, verified users. <\/p>\n\n\n\n

The Proof in the Platform<\/strong><\/p>\n\n\n\n

A global brokerage and trading platform serving institutional and individual investors has leveraged the Trulioo platform for customized Know Your Customer<\/a> person match onboarding in 20 markets and Know Your Business<\/a> in the U.S. Trulioo machine learning algorithms analyzed millions of configurations weighted for cost, performance and job processing time. Trulioo also introduced new thin-file specific, multibureau sources and adapted the company\u2019s verification waterfall. <\/p>\n\n\n\n

As a result, the company\u2019s verification rates jumped more than 7%, which decreased costs per verified user, manual reviews and abandonment. The company\u2019s job processing time dropped by 35%. <\/p>\n\n\n\n

To learn more about global Person Match services with intelligent routing, click here<\/a>.<\/p>\n\n\n\n

###<\/p>\n\n\n\n

About Trulioo<\/strong><\/p>\n\n\n\n

Trulioo is dedicated to verifying the identity of anyone and any business around the world. The company\u2019s identity platform drives global growth for organizations by helping them navigate the challenges of compliance and providing real-time verification of more than 5 billion people and 700 million business entities worldwide. By leveraging world-class technology designed to make identity verification faster and more efficient, Trulioo is opening the door to the digital economy for everyone on the planet.<\/p>\n\n\n\n

Media Contacts:<\/strong><\/p>\n\n\n\n

Jennifer Schenberg
PenVine for Trulioo
917-445-4454
jennifer@penvine.com
Or
media@trulioo.com<\/p>\n","protected":false},"excerpt":{"rendered":"Trulioo optimizes business and consumer verification using data and documents and applies intelligent technology to…","protected":false},"author":8,"featured_media":37090,"template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false},"newsroom-types":[40],"acf":[],"yoast_head":"\nTrulioo Unveils Advanced Global Person Match Services | Trulioo<\/title>\n<meta name=\"description\" content=\"Trulioo unveils advanced global person matching services, using intelligent routing, to further enhance its state-of-the-art identity verification platform.\" \/>\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\/company\/newsroom\/company-news\/trulioo-unveils-advanced-global-person-match-services\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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