Trulioo, the identity platform with global coverage for person and business verification, has launched a new fraud intelligence capability, to deliver enhanced predictive risk insights across over 195 countries.
Its new offering, Trulioo Fraud Intelligence, aims to improve how global businesses fight synthetic and third-party fraud. The capability aims to provide comprehensive coverage across diverse markets by combining hundreds of risk indicators with consortium data, advanced velocity monitoring, and real-time signal monitoring, all through a single API.
The Trulioo API streamlines integration, reduces time to market, and enables developers to access all Trulioo services via a single token and endpoint, regardless of region or product category.
Trulioo’s Fraud Intelligence capability integrates with Trulioo Know Your Customer (KYC) data checks, Identity Document Verification and Watchlist Screening to provide a comprehensive risk profile of anyone anywhere in the world.
Organisations can set and update rules to balance compliance, friction and fraud prevention to enhance the customer experience.
Upon release, Trulioo Fraud Intelligence will be available in 195 countries, serving industries such as payments, banking, and marketplaces. Future enhancements are planned and will include anomaly detection, enabling the identification of unusual spikes in behaviour across a set of applications.
“The fragmented fraud prevention market forces businesses to rely on multiple-point solutions to verify identities and monitor risk across regions,” said David Liu, senior vice president of fraud and risk at Trulioo. “Trulioo Fraud Intelligence eliminates that burden. Large enterprises serving millions of customers can avoid complex, costly integrations by harnessing a unified, global capability that fights fraud during onboarding and beyond.”
Trulioo explained that it aims to provide comprehensive coverage with predictive risk intelligence for emails, phones and IP addresses across the globe. The Trulioo identity intelligence network also ensures access to a breadth and depth of data that allows organizations to calibrate country-specific risk signals.
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