Regulatory technology provider Trulioo has reported steady expansion in the Asia-Pacific region, attributing a 51 percent year-on-year increase in business verification volume during 2025 to its latest advancements in identifying ultimate beneficial owners (UBOs). The company, which specializes in global identity verification, fraud prevention, and credit decisioning, unveiled these results from Bangkok on April 21, 2026, highlighting how enhanced Know Your Business (KYB) tools are helping organizations navigate complex ownership structures more effectively.
Across APAC markets, businesses face persistent hurdles in verifying corporate entities due to fragmented and often unreliable ownership records.
Traditional methods relying solely on registry data frequently fall short, particularly when onboarding small and medium-sized enterprises (SMEs) or handling cross-border transactions.
As regulatory scrutiny intensifies around anti-money laundering and counter-terrorism financing, the ability to map true ownership chains has become essential for streamlined compliance, faster customer onboarding, and robust risk management.
Trulioo has addressed these gaps with a next-generation UBO resolution engine powered by artificial intelligence.
This system aggregates and reconciles data from multiple global sources, overcoming inconsistencies that previously limited visibility.
The approach goes far beyond basic registry checks, reconstructing ownership networks to deliver comprehensive and accurate insights at scale.
In one notable case involving a major global social media platform active in the region, the technology delivered a 40 percent overall improvement in UBO coverage.
Performance varied by market but proved especially strong where data challenges are acute: reaching up to 98 percent coverage in Vietnam, 70 percent in the Philippines (a 69 percent uplift), and 81 percent in Singapore (a 24 percent uplift).
Across the tested markets, average coverage climbed to 85 percent.
These improvements are translating into tangible operational benefits. Organizations can now onboard legitimate businesses more rapidly while minimizing manual reviews, which reduces costs and accelerates time-to-market.
Enhanced ownership transparency also strengthens compliance posture, enabling firms to scale confidently into new geographies without compromising on due diligence.
In SME-dominated and cross-border environments—where legacy KYB processes often stall—Trulioo’s solution offers a decisive edge.
“Across APAC, the challenge isn’t just verifying businesses, it’s understanding who ultimately owns and controls them,” noted Zac Cohen, Trulioo’s Chief Product Officer.
“Obscure ownership data, especially among SMEs, renders conventional approaches ineffective at scale. Our platform provides a superior alternative, delivering higher acceptance rates, fewer manual interventions, and the confidence to expand into fresh markets.”
Trulioo’s platform currently supports verification across 195 countries, encompassing over 700 million business entities and 14,000 identity document types while screening against more than 6,000 watchlists.
By integrating predictive risk signals, consortium intelligence, and tailored machine-learning models into a single automated workflow, the company continues to set new standards in digital trust infrastructure.
As APAC’s digital economy matures in the coming years, innovations like Trulioo’s UBO discovery technology underscore the importance of sophisticated Regtech solutions. They not only mitigate compliance risks but also unlock growth opportunities for enterprises operating in one of the world’s most dynamic regions.