Trulioo, the leading global identity verification provider, announced today that it has extended its coverage to Bangladesh, an emerging market with tremendous untapped potential for strong economic growth and prosperity.
Organizations currently leverage GlobalGateway, Trulioo’s marketplace of identity data and services, to verify individuals and business entities around the world, and now that coverage includes consumers in Bangladesh. GlobalGateway helps digitize and automate due diligence processes to help mitigate risk, prevent fraud and meet compliance requirements such as Know Your Customer (KYC) and Anti-Money Laundering (AML) rules.
Two months ago, Bangladesh introduced more than 16 digital services and platforms in line with its vision of transforming the country into digital Bangladesh.
“Economists, investors and global businesses have taken notice of the country’s economic turnaround,” said Stephen Ufford, CEO and founder of Trulioo. “The majority of the adult population in Bangladesh own mobile phones, which is driving the demand for digital services.”
Including Bangladesh, Trulioo has added four new countries to its global identity verification coverage in the last two months alone – the Czech Republic, Slovakia and Poland. Since its inception, Trulioo’s mission is to deliver a truly global impact: verify the entire human population so that everyone, regardless of their circumstances, has access to the advantages and opportunities created by the online, borderless economy.
Trulioo is a global identity and business verification company that provides secure access to reliable, independent and trusted data sources worldwide to instantly verify consumers and business entities online. Trulioo’s bank-grade online verification platform, GlobalGateway, helps organizations comply with Anti-Money Laundering (AML) and Customer Due Diligence (CDD) requirements by automating Know Your Customer (KYC) and Know Your Business (KYB) workflows. Trulioo supports global clients to instantly verify five billion customers and 250 million business entities in over 100 countries - all through a single API integration. Named as a CNBC Disruptor 50 Company, Trulioo’s mission is to solve global problems associated with verifying identities by powering fraud prevention and compliance systems for customers worldwide in an effort to increase trust and safety online. For more information visit trulioo.com.