Avoka and Trulioo partner for instant digital identity verification

Source: Avoka

Avoka, the leader in digital customer acquisition for financial services companies, and Trulioo, the leading provider of instant identity verification for the international market, today announced a strategic partnership to facilitate real-time, KYC and AML compliant identity verification.

The new solution, available today, will enable international banks to conduct digital identity authentication across 40 countries and four billion people as a streamlined part of their omni-channel digital customer engagement.

The agreement will see the integration of Trulioo’s GlobalGateway and Avoka Transact, combining the two offerings into a single solution from which customers can conduct end-to-end customer and financial onboarding online.

“Today’s global marketplace makes identity verification a complex and challenging part of initial customer engagement for banks, whether that be account opening, loan applications or financial on-boarding,” says Philip Copeland, CEO, Avoka. “Our partnership with Trulioo enables us to simplify this process significantly, with the added benefit of helping our customers be compliant in all of the markets they operate in. And they can now do it without leaving the Avoka
Transact platform, which means an end-to-end digital customer engagement experience.”

“Trulioo is committed to providing businesses with greater efficiency, effectiveness and agility by streamlining AML/KYC processes, especially for clients expanding internationally,” says Jon Jones, President, Trulioo, “By powering Avoka Transact with real-time ID verification, GlobalGateway helps to deliver a seamless customer onboarding process for international banks. ”

Through a single API integration, Trulioo GlobalGateway provides access to 145 reliable data sources from over 40 countries to instantly verify four billion people, a truly unique and comprehensive KYC capability that maximizes ROI for any business transacting online.

Avoka Transact enables financial services organizations worldwide to transform how they engage with customers by creating a frictionless omni-channel customer engagement experience across smartphone, tablet, desktop and in branch.

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