Trulioo’s GlobalGateway just added a layer of biometric authentication to its identity verification tool. Through a partnership with Mitek, the company will compare a photo of the user’s ID document with their selfie to ensure they are who they say they are.
GlobalGateway offers a single API to help financial services companies comply with AML and KYC regulations. The regtech platform evaluates new and existing users; its 200 data sources help identify more than four billion people in 50 countries. The new partnership with Mitek will enable Trulioo to collect, analyze, and authenticate 3,500 different types of identity documents matched against a real-time photo of the user.
“Identity document verification with facial comparison enables an additional factor of authentication for high-value transactions,” said Stephen Ufford, CEO of Trulioo. “This new partnership with Mitek ensures our clients continue to have instant access to powerful tools for their fraud prevention and compliance systems.”
At FinovateFall 2016, Trulioo’s Head of Growth, Anatoly Kvitnitsky, demonstrated how GlobalGateway blocks fraudulent users from onboarding in real time. Earlier this month, the company added new Canadian data sources to reflect Canada’s new AML rules for remote ID verification. Trulioo will offer a presentation geared toward developers at FinDEVr London next month on June 12 and 13 during London Tech Week. Register today to secure your spot at the event.
Mitek recently demoed at FinovateEurope 2017, where the company’s General Manager of Identity Solutions, Sarah Clark, and CMO, Kalle Marsal, showcased the company’s Mobile Verify solution that helps onboard customers without requiring them to visit a branch.
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Trulioo Bolsters Regtech Solution with Mitek Partnership