Trulioo Expands ID Verification Service to MENA
July 14, 2016
ID verification company Trulioo this week revealed its flagship solution now covers the Middle East and North Africa (MENA). Trulioo helps companies fulfill KYC and AML requirements by tapping information sources around the world to verify individuals for merchants, banks and financial services providers, making online transactions safer. The company noted the importance of the MENA region, especially from the perspective of offering international remittances via mobile devices.
“The power of mobile is undeniable,” said Jon Jones, president of Trulioo. “New mobile money services are expected to grow by as much as 50 percent in the Middle East and North Africa, presenting our global clients with an irresistible growth opportunity.”
New data sources enabling the company to verify individuals in Jordan, Lebanon, Kuwait, Saudi Arabia, Oman, Egypt and UAE, brings the total number of countries covered by Trulioo’s solution to more than 50.