GlobalGateway is one of the largest marketplaces for digital identity data and services, enabling organizations to “deploy identity checks that help them satisfy know your customer (KYC) and anti-money laundering (AML) compliance requirements,” according to an update shared with Crowdfund Insider.
Steve Munford, CEO of Trulioo, stated:
“The pandemic democratized the world of financial services, helping casual or novice investors explore financial trading online. With cryptocurrencies becoming mainstream, digital asset issuers and exchanges understood the need to bolster their identity verification programs to securely and seamlessly onboard a huge uptick in users while meeting compliance obligations.”
Crypto popularity increased internationally during the last 20 months, with pandemic lockdowns “spurring individuals to seek out digital platforms for their investment needs.”
Munford also mentioned:
“Leading crypto platforms rely on Trulioo’s solutions to remain agile and scale to meet growing user demand. We’re pleased to partner with these six additional organizations to help their compliance teams adapt to evolving regulations, deliver positive onboarding experiences and serve customers globally.”
Centbee, a company specializing in merchant payments, cross-border remittances and other crypto-related products.
GMO Trust, an issuer of stablecoins, including GYEN and ZUSD.
Omni Matrix, a Fintech that launched NordikCoin, a crypto exchange specializing in Bitcoin.
Skilling, a Scandinavian Fintech that allows users to trade over 800 crypto, forex and CFD financial instruments.
Strike Protocols, a financial services and technology firm that provides simple capital markets access to crypto assets.
Vintech Capital, an OTC digital currency trading desk for institutional buyers and sellers.
As noted in the update, GlobalGateway offers access to more than 400 data sources to “reliably and securely verify the identities of over 5 billion individuals around the world through one API.”
You may learn more about how Trulioo helps crypto exchanges address AML/KYC compliance requirements and “deliver seamless onboarding experiences.” You can download their case study on Bitbuy here.