Trulioo, an on-demand global identity verification company, announced on Tuesday it is launching its instant identity verification services in The Philippines through its GlobalGateway platform. This news comes less than a month after the company expanded its AML/KYC identity verification global footprint into Thailand.
According to Trulioo, GlobalGateway helps businesses automate their customer onboarding processes and comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. Speaking about the expansion, Stephen Ufford, CEO of Trulioo, stated:
“The Philippines is a remittance hub. Having access to a global identity verification solution with comprehensive coverage safeguards against nefarious activities such as money laundering and fraud while helping to keep remittance costs low for senders and recipients.”
Ufford then added:
“Businesses want to take full advantage of today’s digital and borderless economy. And in order to do that, having a comprehensive solution built specifically for the international market with maximum coverage, flexibility, and customization will produce greater efficiencies as the business scales into new markets.”
Trulioo notably offers the most robust and comprehensive global identity verification solution in the market.