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Direct government air to businesses might be relatively new in North America, said Zac Cohen, chief operating officer at Trulioo, but it is more common in Europe, he said, citing a Deloitte publication on what other countries have done.
Amidst the chaos following a natural disaster, the potential for fraud is substantial. In such climates, trust is vital to ensure that fraudsters don’t disrupt the flow of funds.
A new report published by Trulioo has revealed that 73% of consumers claim that the account opening process can ‘make or break’ their relationship with digital services experiences and 77% indicate they will switch to other sites if met with a less than optimal experience.
Blockchain and cryptocurrencies are set to increase in usage and the application of these digital technologies can help to address security concerns, according to Zac Cohen, COO of Trulioo. To gain a wider perspective, Digital Journal spoke with Zac Cohen, COO of Trulioo. In 2021, Zac anticipates a heightened familiarization with cryptocurrencies and additional Know Your Customer (KYC) compliance requirements as a result.
During the U.S. presidential elections, many Americans gave a lot of thought to the methods and mechanics of voting. Perhaps not since 2000 — when a presidential race brought the term “hanging chad” to international attention — have so many people paid so much attention to the way ballots are cast and tabulated. It’s been 20 years since the Florida recount brought hanging chads to the Supreme Court, and the world has changed a great deal. Thankfully, despite the challenges posed by high vote-by-mail rates and the Covid-19 pandemic, the most recent U.S. election apparatus functioned well.
With the Covid-19 pandemic and subsequent lockdown measures plunging bricks and mortar retail into disarray, the spotlight has frequently been on ecommerce, as many consumers turn to online retailers as their preferred means of shopping. In this context, many retailers have had to accelerate their digital transformation to reach customers and stand out from the crowd. How will this change in 2021? Seven experts shared their ecommerce predictions for 2021 on what the year ahead could mean for the industry.
Global identity verification company Trulioo has unveiled a new partnership with digital healthcare provider True Medical. True Medical is designed to digitalise doctor appointments and trips to the pharmacy, allowing users to have online consultations and receive delivered prescriptions.
With access to a marketplace of independent data sources through Trulioo GlobalGateway, True Medical can now verify and offer quick digital onboarding to its UK users, while ensuring it is compliant with local health regulations.
Covid-19 health pass apps could help reopen businesses and restore the economy. They could also unfairly exclude people from travel and workplaces.
Among all the tools that health agencies have developed over the years to fight epidemics, at least one has remained a constant for more than a century: paper vaccination certificates.
Today on The Fintech Show, we are going to be looking into how fintechs with increasingly specific clientele can look to onboard their customers. In a digital-only world, how can businesses keep up with new identity verification tech and regulations that change from country to country? And just as important, how can the tech and the regulators keep up with these innovations? To find out we spoke with Fintech Finance regular, Zac Cohen from Trulioo, Tim Sheehan from Greenlight, and Dan Silver from Stake. Join us for Part 2.
The world has hit the online accelerator in 2020. Indeed, earlier this year Microsoft estimated that two years worth of digital transformation was compressed into just two months.
Nowhere is this more acute than in the financial sector. As the world was thrust online almost overnight we’ve seen a huge uptick in contactless payments and mobile banking, activity on online investing platforms went through the roof as millions were forced indoors and today, at the end of the year, we’re back seeing record prices for crypto currencies.
More and more, retailers and businesses around the world are trying to figure out if potential customers are really who they say they are. A new comedy video from Trulioo features some fraudster favorites, such as the innocent girl from Nigeria. “Oh, the stories never end,” — and they’re coming from “unknown people” around the world, the rockin’ cast tells us. The song plays on the idea that the pandemic-induced surge in eCommerce is just adding to the parody’s cast of all-too-real characters.
Who are these “unknown people” in the night? The video parodies the Journey hit “Don’t Stop Believin’,” turning it into “Don’t Stop Verifying.” For its part, Canada-based Trulioo provides electronic identity and address verification of both individuals and businesses.
Today on The Fintech Show, we are going to be looking into how fintechs with increasingly specific clientele can look to onboard their customers. In a digital-only world, how can businesses keep up with new identity verification tech and regulations that change from country to country? And just as important, how can the tech and the regulators keep up with these innovations? To find out we spoke with Fintech Finance regular, Zac Cohen from Trulioo, Tim Sheehan from Greenlight, and Dan Silver from Stake. Join us for Part 1.