Latest news with #VickyBindra
Yahoo
2 days ago
- Business
- Yahoo
Trust Payments integrates Trulioo tools for verification services
Trust Payments, a European payment technology provider, has integrated Trulioo's suite of verification services to improve its onboarding process. The integration includes Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification, and Watchlist Screening. Since its inception in 2019, Trust Payments is an omnichannel payments and SaaS solutions group and surpassed £1bn in monthly processing volume in 2024 and serves 20,000 businesses across Europe. It complies with EU and UK regulatory standards, including those set by the Financial Conduct Authority and Malta Financial Services Authority. Previously, Trust Payments faced challenges with its verification processes due to the use of multiple vendors, the company said in a press statement. The partnership has allowed the company to operate through a single, integrated platform, thereby accelerating the know your customer (KYC) and know your business (KYB) onboarding processes. The integration with Trulioo was completed in a 'record' timeframe, attributed to effective collaboration and expedited API testing. Post-implementation, Trust Payments has reached an 85% verification success rate in key markets, offering a more consistent onboarding experience for its clients. Trulioo provides a unified platform for identity document, non-document, and business verification through a single API. This integration enables Trust Payments to optimise onboarding costs, improve conversion rates, and adhere to compliance standards globally. Trust Payments CEO Laurence Booth said: "This partnership represents a new digital direction for our onboarding. Our mission is to deliver innovative commerce solutions that help businesses achieve sustainable growth, and Trulioo is contributing to this effort. Trulioo has helped us transform our multivendor verification process into a more streamlined, automated experience, which aligns with our focus on improving service for our teams and customers. Trulioo CEO Vicky Bindra stated: 'Building trust online is more important than ever. Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We're excited to support its continued expansion across Europe and beyond.' In April, PingPong deployed Trulioo's Business Verification and Watchlist Screening solutions. "Trust Payments integrates Trulioo tools for verification services " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Finextra
3 days ago
- Business
- Finextra
Trust Payments selects Trulioo for customer onboarding
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with Trust Payments, one of Europe's fastest-growing payment technology providers. 0 Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions. Founded in 2019, Trust Payments has evolved into a full-suite, omnichannel payments and SaaS solutions group, surpassing £1 billion in monthly processing volume in 2024 and serving 20,000 businesses across Europe. The company meets rigorous EU and U.K. regulatory standards, including those set by the Financial Conduct Authority and Malta Financial Services Authority. Prior to partnering with Trulioo, Trust Payments faced escalating costs and operational inefficiencies with a fragmented verification stack spanning five vendors. With Trulioo, the company now operates through a single, integrated platform that accelerates Know Your Customer and Know Your Business onboarding. Trust Payments went live with Trulioo in record time thanks to a strong collaboration that led to fast integration and API testing. Since implementing Trulioo capabilities, the company has achieved an 85% verification success rate in key markets and delivered more consistent onboarding experiences. 'This partnership represents a new digital direction for our onboarding,' said Laurence Booth, Group CEO at Trust Payments. 'Our mission is to deliver innovative commerce solutions that help businesses achieve sustainable growth, and Trulioo is contributing to this effort. Trulioo has helped us transform our multivendor verification process into a more streamlined, automated experience, which aligns with our focus on improving service for our teams and customers. Trulioo unites identity document, nondocument and business verification through a single API so global enterprises can optimize onboarding costs, improve conversion rates and meet compliance standards anywhere in the world. 'Building trust online is more important than ever,' said Vicky Bindra, Trulioo CEO. 'Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We're excited to support its continued expansion across Europe and beyond.'
FF News
3 days ago
- Business
- FF News
Trust Payments Selects Trulioo to Streamline Verification, Reduce Onboarding Costs and Power Global Growth
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with Trust Payments, one of Europe's fastest-growing payment technology providers. Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions. Founded in 2019, Trust Payments has evolved into a full-suite, omnichannel payments and SaaS solutions group, surpassing £1 billion in monthly processing volume in 2024 and serving 20,000 businesses across Europe. The company meets rigorous EU and U.K. regulatory standards, including those set by the Financial Conduct Authority and Malta Financial Services Authority. Prior to partnering with Trulioo, Trust Payments faced escalating costs and operational inefficiencies with a fragmented verification stack spanning five vendors. With Trulioo, the company now operates through a single, integrated platform that accelerates Know Your Customer and Know Your Business onboarding. Trust Payments went live with Trulioo in record time thanks to a strong collaboration that led to fast integration and API testing. Since implementing Trulioo capabilities, the company has achieved an 85% verification success rate in key markets and delivered more consistent onboarding experiences. 'This partnership represents a new digital direction for our onboarding,' said Laurence Booth, Group CEO at Trust Payments. 'Our mission is to deliver innovative commerce solutions that help businesses achieve sustainable growth, and Trulioo is contributing to this effort. Trulioo has helped us transform our multivendor verification process into a more streamlined, automated experience, which aligns with our focus on improving service for our teams and customers. Trulioo unites identity document, nondocument and business verification through a single API so global enterprises can optimize onboarding costs, improve conversion rates and meet compliance standards anywhere in the world. 'Building trust online is more important than ever,' said Vicky Bindra, Trulioo CEO. 'Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We're excited to support its continued expansion across Europe and beyond.'
Business Wire
3 days ago
- Business
- Business Wire
Trust Payments Selects Trulioo to Streamline Verification, Reduce Onboarding Costs and Power Global Growth
AMSTERDAM--(BUSINESS WIRE)-- Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with Trust Payments, one of Europe's fastest-growing payment technology providers. Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions. Founded in 2019, Trust Payments has evolved into a full-suite, omnichannel payments and SaaS solutions group, surpassing £1 billion in monthly processing volume in 2024 and serving 20,000 businesses across Europe. The company meets rigorous EU and U.K. regulatory standards, including those set by the Financial Conduct Authority and Malta Financial Services Authority. Prior to partnering with Trulioo, Trust Payments faced escalating costs and operational inefficiencies with a fragmented verification stack spanning five vendors. With Trulioo, the company now operates through a single, integrated platform that accelerates Know Your Customer and Know Your Business onboarding. Trust Payments went live with Trulioo in record time thanks to a strong collaboration that led to fast integration and API testing. Since implementing Trulioo capabilities, the company has achieved an 85% verification success rate in key markets and delivered more consistent onboarding experiences. "This partnership represents a new digital direction for our onboarding," said Laurence Booth, Group CEO at Trust Payments. "Our mission is to deliver innovative commerce solutions that help businesses achieve sustainable growth, and Trulioo is contributing to this effort. Trulioo has helped us transform our multivendor verification process into a more streamlined, automated experience, which aligns with our focus on improving service for our teams and customers. Trulioo unites identity document, nondocument and business verification through a single API so global enterprises can optimize onboarding costs, improve conversion rates and meet compliance standards anywhere in the world. 'Building trust online is more important than ever,' said Vicky Bindra, Trulioo CEO. 'Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We're excited to support its continued expansion across Europe and beyond.' For more information about Trulioo, please visit About Trust Payments: Trust Payments is a disruptive leader in fintech, specialising in frictionless payments and value-added services for online and offline merchants. We provide on-demand payments and commerce services to help businesses grow and scale online, in-store, and on mobile. Trust Payments combines these omnichannel services with powerful tools, such as retail operations technology, loyalty management and instant eCommerce. Trust Payments drives value for its clients across the UK and EU through personalised services, secure and frictionless payments, and innovative products. Small and medium-sized enterprises in any commerce setting particularly benefit from our 25 years' expertise. We have a global footprint and support the most complex business sectors - from retail, travel and hospitality to crypto, gaming, and financial services - offering 24/7 support at every stage to ensure truly seamless payments and system uptimes of 99.99%. Trust Payments has an acquiring network of over 50 global banks and supports hundreds of alternative payment methods. We are principal members of Visa and Mastercard and are authorised as Payment Institution by the UK Financial Conduct Authority (FCA). Our EU operations are regulated through our Malta entity, which is licensed by the Malta Financial Services Authority (MFSA) as a Payment Institution. Find out more at About Trulioo: Trulioo is the world's identity platform, trusted by leading companies for their verification and fraud prevention needs. Offering business and person verification across the globe, Trulioo covers 195 countries and can verify more than 14,000 ID documents and 700 million business entities while checking against more than 6,000 watchlists. Trulioo enables global companies to prevent fraud with hundreds of predictive risk signals, consortium data and industry-specific machine learning models. Its comprehensive suite of in-house capabilities, integrated across a single automated platform, powers customizable onboarding workflows tailored to meet any market requirement. Combining its state-of-the-art technology with expertise across diverse markets, Trulioo enables the highest verification assurance levels, optimizing onboarding costs and fostering trust in the global digital economy.
Yahoo
23-04-2025
- Business
- Yahoo
Trulioo Reports Record 64% Revenue Increase in APAC as Demand for Global Identity Verification Surges
Rising Cross-Border Transactions Drive Rapid Growth Across Marketplaces and Financial Services Enterprises BANGKOK, April 23, 2025--(BUSINESS WIRE)--Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a 64% year-over-year revenue increase in the APAC region. The milestone stems from significant growth in verification transactions across industries, including a 37% rise for online marketplaces and a 55% increase among fintech enterprises. Trulioo strategically expanded into the APAC region in 2023 to deepen its commitment to helping organizations navigate complex regulatory requirements and detect even the most sophisticated fraud threats. Trulioo has supported APAC enterprises in expanding across the globe and international organizations as they enter the Asian market. "The exceptional growth in the APAC region is a testament to the strength of our platform and the deep trust customers have in Trulioo to support their global expansion," said Vicky Bindra, Trulioo CEO. "Customers are choosing Trulioo to accomplish more, whether it's reducing their manual onboarding processes or achieving compliance with complex regulations. Our ongoing innovation and world-class support will continue to empower enterprises to succeed in markets across the globe." The demand for robust identity verification continues to grow as global organizations face a boom in cross-border payments, evolving regulatory requirements and sophisticated fraud threats. With deep local expertise and expansive global coverage, Trulioo sets the benchmark for modern identity and business verification that helps enterprises build trust anywhere in the world. "Our Singapore office serves as a hub for innovation and local expertise, and we're proud to deliver tailored solutions and 24/7 support to global enterprises," said Ivan Yang, Trulioo APAC director of operations. "Our rapid growth in the region ties directly to our customers' evolving needs, and we're committed to being their trusted partner in navigating the ever-changing digital landscape." To meet with Trulioo at Money20/20 in Bangkok, visit booth 3007 at Queen Sirikit National Convention Center. For more information about Trulioo, please visit About Trulioo: Trulioo is the world's identity platform, trusted by leading companies for their verification and fraud prevention needs. Offering business and person verification across the globe, Trulioo covers 195 countries and can verify more than 14,000 ID documents and 700 million business entities while checking against more than 6,000 watchlists. Trulioo enables global companies to prevent fraud with hundreds of predictive risk signals, consortium data and industry-specific machine learning models. Its comprehensive suite of in-house capabilities, integrated across a single automated platform, powers customizable onboarding workflows tailored to meet any market requirement. Combining its state-of-the-art technology with expertise across diverse markets, Trulioo enables the highest verification assurance levels, optimizing onboarding costs and fostering trust in the global digital economy. View source version on Contacts Media: Jennifer SchenbergPenVine for Trulioo917-445-4454jennifer@ Ormedia@ Sign in to access your portfolio
