Trulioo, a leading global identity verification platform, has announced a strategic partnership with Capital.com, one of the fastest-growing retail trading platforms. This collaboration aims to streamline and enhance the onboarding process for Capital.com’s expanding global user base.
Capital.com, with client trading volumes surpassing $1 trillion in 2023, has integrated Trulioo’s Person Match identity verification across 17 countries in EMEA, APAC, and Latin America since early 2023. This integration has significantly accelerated the client onboarding process, with Capital.com reporting an 80% increase in new customer verifications in Latin America and a 28% increase in Asia.
Dana Massey, Chief Product Officer at Capital.com, emphasized the partnership’s impact: “Partnering with Trulioo reinforces our commitment to providing an exceptional user experience. The integration of Trulioo’s verification capabilities ensures a faster, more efficient onboarding process without compromising security or compliance.”
Trulioo’s sophisticated platform leverages over 450 global and local data sources, applying advanced data science techniques such as natural language processing and fuzzy matching to ensure high verification accuracy. This tailored approach has enabled Capital.com to maintain peak performance and ease of use for its customers.
Steve Munford, CEO of Trulioo, highlighted the strategic value of the partnership: “Our collaboration with Capital.com underscores our dedication to shaping the future of digital identity verification. We are proud to support their global expansion with our industry-leading data source network, ensuring they meet their customers’ onboarding expectations.”
This partnership exemplifies how integrating advanced identity verification technology can revolutionize the client onboarding experience, supporting Capital.com’s growth and ensuring secure, compliant operations.
For more information, visit Trulioo and Capital.com.
