TruNarrative and SEON team up to offer enhanced verification data

By Megha Bhattacharya

UK RegTech platform TruNarrative and SEON have teamed up to allow the former’s users to utilise SEON’s data for making onboarding decisions. The integration offers TruNarrative customers access to SEON’s email, phone, device intelligence and IP data, enabling them to establish the digital footprint of end-users, building a customer risk score to make automated and manual decisions.

TruNarrative’s Head of Data and Third-Party Relationships, Andy Pearson said, “We are delighted to be partnering with SEON, enhancing the fraud prevention solutions available to our customers. The depth and extent of their data means we can offer our customers an even wider range of fraud prevention and verification tools.”

SEON is expected to join the RegTech’s AppStore for allow firms to build the former’s global data and authentication technology into their onboarding and monitoring strategies; delivering fraud detection, increasing customer acquisition, facilitating efficient investigations and lowering operational costs. The RegTech’s customers can build customer journeys and processes for identity verification, fraud, eKYC, eKYB, AML, account and transaction monitoring.

Tamas Kadar, CEO and Founder at SEON explained, “TruNarrative and SEON have a lot of mutual sectors where we dove-tail. In the past, businesses in these industries have not had access to solutions that fit their business models. Since its inception, SEON has been on a mission to change this and TruNarrative is the perfect company to do it with. We fully expect the partnership to grow rapidly and successfully.”

Recently, TruNarrative partnered with German FinTech kompany for enabling faster anti-money laundering compliance for regulated businesses across the world.