[ad_1]
Trulioo, a global identity verification solution provider, reveals that it has teamed up with Zolve, an innovative neo-banking platform.
Through one of the largest marketplaces of identity data and services, Trulioo GlobalGateway provides real-time identity checks that “adhere to a diverse range of compliance requirements, prevent fraud and maintain trust and safety online,” according to an update shared with Crowdfund Insider.
As stated in a release, Zolve is an international neobank enabling convenient access to financial products for those who “immigrate to work or study in a new country.” Because of the lack of an established (local) credit history, immigrants encounter various challenges when it comes to accessing financial products.
Presently serving the India-U.S. corridor with the goal to further expand to other nations, Zolve claims that it’s the only Fintech firm that provides a comprehensive financial services application, an FDIC-insured U.S. bank account, and “a high-limit credit card for new immigrants from the moment they arrive in a new country.”
Raghunandan G., Founder, Zolve, stated:
“At Zolve, we are striving to make access to financial systems across borders seamless. In fulfilling our mission to provide a seamless experience for our users, we are thrilled to be partnering with Trulioo to create a reliable and secure product for our customers.”
Through Trulioo GlobalGateway, Zolve will be able to “deliver seamless and secure onboarding and account creation experiences,” the announcement noted.
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,” the release noted.
Steve Munford, President and CEO, Trulioo, remarked:
“We’re thrilled to partner with Zolve as its aim closely aligns with Trulioo’s mission of ensuring that thin-file individuals and underbanked communities can access critical financial services and participate in the global economy. This partnership speaks to Trulioo’s acumen in supporting innovative financial services providers and providing secure and reliable identity verification services in an increasingly digital-only and borderless world.”
As previously reported, Trulioo is an identity verification firm, developing trust online so that businesses and consumers can “transact safely and securely.”
Trulioo’s platform offers real-time verification “of 5 billion consumers and 330 million business entities worldwide — all through a single API integration.”
Organizations “rely on Trulioo’s identity verification solution, GlobalGateway, to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows.”
Trulioo’s goal is to assist with offering “every person on the planet with a digital identity to enable access to basic financial services and support.”
[ad_2]
Source link
