SAN FRANCISCO, June 16, 2020 /PRNewswire-PRWeb/ -- Trulioo, the leading global identity verification company, today announced it was named to the CNBC Disruptor 50 List for its identity verification platform, GlobalGateway. This is the second time Trulioo has been recognized for its effort to increase trust and safety online by powering fraud prevention and compliance systems for hundreds of organizations worldwide.
"It's truly an honor for Trulioo to be named CNBC Disruptor 50 for the second time," said Steve Munford, President and CEO of Trulioo. "We've worked tirelessly to serve five billion people and 330 million businesses globally. This ranking validates the hard work of our entire team. It underscores the growing importance of identity verification in response to global challenges requiring companies to meet the highest standards in compliance and security."
Leveraging hundreds of unique and reliable data sources across the world, including emerging markets that lack identity data, GlobalGateway enables businesses to meet compliance requirements, mitigate fraud risks, and increase trust and safety online.
"Today's digital economy is increasingly complex. Between the growing mobile adoption in emerging markets, varying regional compliance requirements and the heightened fraud landscape, it's important for businesses to take the necessary steps to enhance and optimize identity verification and fraud prevention processes," said Munford.
The CNBC Disruptor 50 List features the country's most ambitious and innovative companies changing the economy and revolutionizing the overall business landscape. Companies were ranked based on CNBC's proprietary blend of quantitative and qualitative inputs. This year, the list also accounted for the business impact of COVID-19 on disruptive startups.
About Trulioo
Trulioo is a global identity verification company that provides secure access to reliable, independent and trusted data sources worldwide to instantly verify consumers and business entities online. Trulioo's marketplace of global identity networks, GlobalGateway, helps organizations comply with Anti-Money Laundering (AML) and Customer Due Diligence (CDD) requirements by automating Know Your Customer (KYC) and Know Your Business (KYB) workflows. Trulioo supports global clients to instantly verify five billion customers and 330 million business entities in over 195 countries – all through a single API integration. Trulioo's mission is to solve global problems associated with verifying identities by powering fraud prevention and compliance systems for customers worldwide in an effort to increase trust and safety online. For more information visit trulioo.com.
SOURCE Trulioo
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