Trulioo expands global partnership with Airwallex

By Gloria Mathias

Trulioo, an identity platform, has announced its partnership expansion with Airwallex, a global payments and financial platform for modern businesses.

Since the two joined forces in 2017, Airwallex has integrated Trulioo identity document verification, business verification, and person match to achieve compliance and robust fraud prevention across 181 countries.

Airwallex maintains more than 60 licenses and permits worldwide, including money transmitter licenses in 42 U.S. jurisdictions. It adheres to regulations set by, among others, the Monetary Authority of Singapore, the Australian Securities and Investments Commission, the Financial Transactions and Reports Analysis Centre of Canada, the Financial Conduct Authority of the UK and the Dutch Central Bank.

Airwallex relies on advanced verification technology from Trulioo to navigate a complex, global regulatory landscape. Since integrating Person Match and Identity Document Verification in the APAC region in 2017, Airwallex has extended its use of Trulioo capabilities to the Americas and Europe. In 2022, the partnership expanded with the integration of Trulioo Business Verification to streamline verifying businesses and their beneficial owners.

“Trulioo delivers a dynamic solution, enabling Airwallex to adapt our identity workflows over time to outpace fraud and maintain compliance,” said Elliot Colquhoun, Vice President of IT & Information Security at Airwallex. “Partners like Trulioo are essential to effectively identify and block fraud so that we can ensure the security of over 100,000 global businesses while allowing legitimate transactions to proceed without interruption.”

Across the 181 countries in which the companies have partnered, Trulioo has verified passports from 162 countries, ID cards from 119 countries, and 104 types of driver’s licenses for Airwallex.

“We take pride in supporting Airwallex’s remarkable global expansion,” said Steve Munford, Trulioo CEO. “Our verification technology has empowered Airwallex to enter new markets confidently, meet stringent regulatory requirements, and build trust and safety. This collaboration goes beyond technology. It’s a relationship built on flexibility, innovation, and a commitment to navigating the complexities of compliance and fraud prevention across the globe.”

With flexible integration options from Trulioo, including a modern API and a hosted image-capture SDK, Airwallex can quickly adjust its verification workflows to comply with evolving regulations.