Trulioo 24/7 Support Empowers Top APAC Region Companies to Expand Into New Markets, Achieve Compliance and Accelerate Customer Onboarding
April 23 2024 - 10:00PM
Business Wire
Company Marks Anniversary of Singapore Office
Opening With 90% Business Verification Rate Across the APAC
Region
Trulioo, an industry-leading identity platform with proven
global coverage for person and business verification, today marked
the one-year anniversary of its Singapore office by highlighting
how its 24/7 implementation support helps Asia-Pacific (APAC)
brands expand into new markets, meet complex regulatory
requirements and quickly onboard customers and merchants. Trulioo
also announced it achieved a 90% business verification rate across
the APAC region, including in markets with minimal data
availability and multiple languages.
The company’s commitment to APAC has been vital for payments
providers, online marketplaces and financial services companies
expanding into Europe and North America as well as for
organizations venturing into the region. Trulioo expertise and
around-the-clock assistance ensure those companies can access
state-of-the-art, customized verification capabilities regardless
of location or industry.
A Snapshot of How Trulioo Has Helped Organizations in the
Region
- A leading ecommerce platform can now quickly verify
brands in China and the U.S., saving more than a week of manual
processing time onboarding each business.
- A global remittance provider has expanded into 30
markets, including Bangladesh, China, the U.S., India, Indonesia
and the Philippines. Its largest market is China, where Trulioo
delivers an average match rate of 92% for the provider’s target
demographic.
- A global ecommerce brand working with Trulioo has
identified and verified more than 1 million Chinese businesses and
their owners.
- A global furniture retailer has added automation to
verifying businesses and people in more than 50 markets, including
the U.S., Canada, the U.K., China and Germany.
- A payment processor in APAC that onboarded sole
proprietorships at scale partnered with Trulioo and has now
expanded that verification to Japan, Canada, Australia and the
U.K.
Trulioo Singapore Office: A Hub for Global Growth and
Innovation
The Trulioo Singapore office serves the region under the
leadership of APAC Operations Director Ivan Yang. A Shanghai
native, Yang is among the youngest experts in identity
verification. Under his guidance, the Trulioo global footprint
expanded and developed strategic alliances with more than 400
partners across 50 countries.
“Our customers rely on cutting-edge, customized capabilities to
meet their full range of verification needs, no matter the region
or business type,” Yang said. “Our 24/7 implementation support has
been instrumental in helping our customers expand and meet regional
compliance mandates. The APAC market is dynamic, and we’re proud to
be there around the clock with verification guidance that drives
measurable growth.”
Trulioo expertise helps APAC organizations navigate complex
regulatory obligations while doing business overseas, particularly
in markets such as Europe and North America. That support includes
automating manual Know Your Business processes, such as mapping
cross-border links among businesses and owners.
“APAC is pivotal to Trulioo, and Ivan has been a force in
driving unprecedented growth throughout the region,” said Steve
Munford, Trulioo CEO. “In one year, he has assembled an
exceptionally dedicated team adept at providing unparalleled
support to customers while driving innovation and propelling our
growth throughout the region.”
To meet with Trulioo at Money20/20 in Bangkok, visit booth
2010 at the Queen Sirikit National Convention Center. For more
information about Trulioo, please visit trulioo.com.
About Trulioo
Trulioo is the world’s identity platform, trusted by leading
companies for their verification needs. Offering business and
person verification across the globe, Trulioo covers 195 countries
and can verify more than 13,000 ID documents and 700 million
business entities while checking against more than 6,000
watchlists. 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 expert verification
knowledge across diverse markets, Trulioo enables the highest
verification assurance levels, optimizing onboarding costs and
fostering trust in the global digital economy.
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version on businesswire.com: https://www.businesswire.com/news/home/20240423017253/en/
Jennifer Schenberg PenVine for Trulioo 917-445-4454
jennifer@penvine.com Or media@trulioo.com