Exclusive: Trulioo to launch credit decisioning capability
Investing.com -- Trulioo will expand its Know Your Business (KYB) capabilities with the launch of a new credit decisioning tool, Investing.com has learned.
The identity verification company’s new feature is designed to help enterprises accelerate business onboarding, reduce fraud, and unlock revenue streams by combining credit and risk insights within its global identity platform.
The new credit decisioning capability is said to integrate real-time financial, credit, and risk data into Trulioo’s existing verification workflow. It is expected to allow firms to make faster and more accurate onboarding decisions.
It reportedly follows a 102% year-over-year surge in U.S. KYB transaction growth, a sign of growing demand for automated compliance and risk solutions.
Trulioo system’s AI-driven models unify identity, fraud and risk, and credit intelligence into one workflow, supporting real-time credit checks and predictive risk segmentation.
The feature also enables enterprises to automate decisions based on predefined credit rules, providing faster approvals while reducing the risk of onboarding fraudulent or unstable businesses.
Trulioo’s platform now provides embedded scoring capabilities and standardized analytics, including assessments of insolvency probability and cash-flow stability.
The company‘s credit decisioning feature is also said to support compliance with global regulations such as the EU’s General Data Protection Regulation, reinforcing its position as a key player in business identity and fraud prevention technology.
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