back Back

TruNarrative teams up with TrustID to improve onboarding strategies

By Megha Bhattacharya

January 13, 2021

  • Trunarrative
  • UK
Share

trunarrativeFinancial crime platform TruNarrative has teamed up with identity document solutions provider TrustID in a bid to integrate the expert document review service into the former’s platform. The collaboration is expected to offer an expert document review into TruNarrative’s onboarding strategies, verify identity, detect fraudulent documentation and gain insight on informed onboarding decisions.

“TrustID is an important partnership, they bring a wealth of experience and knowledge that our customers can use as an alternative or enhancement to automated document review, allowing internal fraud teams to make informed onboarding decisions,” said Andy Pearson, Head of Data partnerships, TruNarrative.

According to TruNarrative, the partnership will also integrate its technology into TrustID’s platform, delivering TrustID customers access to KYC, address verification, and PeP’s and Sanction checks. TrustID offers expert review service combining human analysis and machine processing to verify identity documents. Its document analysis team accurately analyse identity documents to provide a detailed report evaluating their validity.

“We are delighted to partner with TruNarrative and offer their customers access to our expert document review service. During these challenging times, it’s crucial for firms to ensure they have robust identity document processes in place. By integrating our offerings, we can help give clients confidence that the identity documents which they are seeing are genuine and they have an effective way to detect fraudulent documents,” said Tony Machin, CEO, TrustID.

Recently, TruNarrative and SEON 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.

Previous Article

January 12, 2021

Top 5 Asian FinTech funding rounds that transpired in Jan 2021

Read More
Next Article

January 13, 2021

Currencycloud appoints co-founder Richard Arundel as its Chief Evangelist

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

Trunarrative

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 19, 2024

Decentro elevates its DigiLocker Stack to secure KYC processes in India

Read More

April 18, 2024

5 RegTech platforms streamlining finance compliance in India

Read More

April 18, 2024

Berenberg selects Kaizen for enhanced regulatory reporting

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023