Trulioo, an on-demand global identity verification company, announced on Monday it has expanded its identity verification coverage services to Nigeria and Ghana through GlobalGateway, its marketplace of identity data and services.
According to Trulioo, GlobalGateway’s coverage in Nigeria and Ghana will help financial institutions accurately and efficiently verify the digital identities of consumers in countries that often lack traditional ID documentation, thus easing access to financial services they otherwise could not obtain. While sharing more details about the expansion, Zac Cohen, COO of Trulioo, stated:
“While many African countries have made great strides in their national digital identity programs, far too many of the continent’s residents face barriers when attempting to access financial services. Financial institutions are reluctant to do business with citizens who lack a verified digital identity, as it can put them at risk of compliance violations, which in turn constricts citizens’ connection to the global economy.”
Cohen went on to add:
“Extending our verification capabilities to two highly populated African countries will help bring many underbanked residents into the digital economy and enable financial institutions to safely and accurately know who they’re doing business with.”
Founded in 2011, Trulioo offers a comprehensive global identity verification solution. Through one single portal/API, Trulioo may assist users with all their AML/KYC identity verification requirements by providing secure access to over 5 billion identities worldwide.