The Trulioo team was really helpful at navigating all the requirements for verifying businesses.”<\/h4>\t\t\t\t\n\t\t\t\t\tSteven Szaroleta, Consensys compliance and operational risk manager\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n\n\nAccelerate Growth Through Greater Global Reach<\/h2>\n\n\n\n
Business verification can be complex, especially for a global company such as Consensys, which operates across multiple countries with a broad range of KYB and KYC requirements. <\/p>\n\n\n\n
The partnership with Trulioo, though, allowed Consensys to tap into a global network of more than 400 business data sources, more than 450 sources for individuals\u2019 data and more than 6,000 watchlists. That fast access to data around the world enabled the organization to quickly onboard businesses and verify UBOs and people with significant control.<\/p>\n\n\n\n
\u201cSome of the other vendors we had looked at were tailored more toward U.S.-only companies, and Trulioo was the one that had more of a global presence,\u201d Szaroleta said. \u201cThat was one of the main reasons why we picked Trulioo.\u201d<\/p>\n\n\n\n
Trulioo proved invaluable in complying with complex regulatory requirements across different regions, including Japan, Mozambique, the U.S., the British Virgin Islands and the Netherlands.<\/p>\n\n\n\n
\u201cThe Trulioo team was really helpful at navigating through all the requirements for verifying businesses,\u201d Szaroleta said.<\/p>\n\n\n\n
Finding the Path to Success<\/h2>\n\n\n\n
Smooth onboarding is critical to Consensys\u2019 success. <\/p>\n\n\n\n
But before the partnership with Trulioo, the Consensys verification process would take up to an hour per customer. With Trulioo as a partner, the company reduced customer onboarding to just minutes.<\/p>\n\n\n\n
\u201cIf you don’t have a seamless onboarding process, customers are going to get frustrated and go to a different provider,\u201d Szaroleta said. \u201cIt’s really important in our world.\u201d<\/p>\n\n\n\n
With the Trulioo integrated identity platform, Consensys can perform KYB and KYC checks through one agile verification workflow and limit time-consuming reverification, secondary authentication and manual checks. That holistic platform experience enables the company to strike the right balance between onboarding friction and user experience to create safe environments and build customer loyalty.<\/p>\n\n\n\n
Maximize ROI Through a Flexible Suite of Services<\/h2>\n\n\n\n
As companies expand, it\u2019s important that verification processes keep pace to maintain organizational efficiency. <\/p>\n\n\n\n
“When you start, you have a handful of verification tools, and you’re working through what works and what doesn’t,” Szaroleta said. “But as the volume increases, you realize that approach isn\u2019t sustainable unless you go with a vendor that can make it more efficient.\u201d<\/p>\n\n\n\n
Consensys teamed up with Trulioo to enable vendor consolidation, scale globally and free up resources to drive strategic growth.<\/p>\n\n\n\n
\u201cWhat we were looking to use Trulioo for was new and immediate, and Trulioo was able to work with us to get what we needed quickly,\u201d Szaroleta said. \u201cSome of the other vendors we had talked with weren’t able to be as flexible or easy to work with.\u201d<\/p>\n\n\n\n
Consensys recognized the importance of establishing a robust due diligence infrastructure that can adapt to regulatory and market changes. <\/p>\n\n\n\n
With Trulioo as its verification partner, Consensys is fully equipped to tackle any new challenges and maintain its industry leadership.<\/p>\n\n\n\n
Accelerate Growth Through Greater Global Reach<\/h2>\n\n\n\n
Business verification can be complex, especially for a global company such as Consensys, which operates across multiple countries with a broad range of KYB and KYC requirements. <\/p>\n\n\n\n
The partnership with Trulioo, though, allowed Consensys to tap into a global network of more than 400 business data sources, more than 450 sources for individuals\u2019 data and more than 6,000 watchlists. That fast access to data around the world enabled the organization to quickly onboard businesses and verify UBOs and people with significant control.<\/p>\n\n\n\n
\u201cSome of the other vendors we had looked at were tailored more toward U.S.-only companies, and Trulioo was the one that had more of a global presence,\u201d Szaroleta said. \u201cThat was one of the main reasons why we picked Trulioo.\u201d<\/p>\n\n\n\n
Trulioo proved invaluable in complying with complex regulatory requirements across different regions, including Japan, Mozambique, the U.S., the British Virgin Islands and the Netherlands.<\/p>\n\n\n\n
\u201cThe Trulioo team was really helpful at navigating through all the requirements for verifying businesses,\u201d Szaroleta said.<\/p>\n\n\n\n
Finding the Path to Success<\/h2>\n\n\n\n
Smooth onboarding is critical to Consensys\u2019 success. <\/p>\n\n\n\n
But before the partnership with Trulioo, the Consensys verification process would take up to an hour per customer. With Trulioo as a partner, the company reduced customer onboarding to just minutes.<\/p>\n\n\n\n
\u201cIf you don’t have a seamless onboarding process, customers are going to get frustrated and go to a different provider,\u201d Szaroleta said. \u201cIt’s really important in our world.\u201d<\/p>\n\n\n\n
With the Trulioo integrated identity platform, Consensys can perform KYB and KYC checks through one agile verification workflow and limit time-consuming reverification, secondary authentication and manual checks. That holistic platform experience enables the company to strike the right balance between onboarding friction and user experience to create safe environments and build customer loyalty.<\/p>\n\n\n\n
Maximize ROI Through a Flexible Suite of Services<\/h2>\n\n\n\n
As companies expand, it\u2019s important that verification processes keep pace to maintain organizational efficiency. <\/p>\n\n\n\n
“When you start, you have a handful of verification tools, and you’re working through what works and what doesn’t,” Szaroleta said. “But as the volume increases, you realize that approach isn\u2019t sustainable unless you go with a vendor that can make it more efficient.\u201d<\/p>\n\n\n\n
Consensys teamed up with Trulioo to enable vendor consolidation, scale globally and free up resources to drive strategic growth.<\/p>\n\n\n\n
\u201cWhat we were looking to use Trulioo for was new and immediate, and Trulioo was able to work with us to get what we needed quickly,\u201d Szaroleta said. \u201cSome of the other vendors we had talked with weren’t able to be as flexible or easy to work with.\u201d<\/p>\n\n\n\n
Consensys recognized the importance of establishing a robust due diligence infrastructure that can adapt to regulatory and market changes. <\/p>\n\n\n\n
With Trulioo as its verification partner, Consensys is fully equipped to tackle any new challenges and maintain its industry leadership.<\/p>\n\n\n\n
![\"\"](\"https:\/\/www.trulioo.com\/wp-content\/uploads\/2023\/09\/Consensys-customer-logo.png\"){kind=logo}
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