American Express Exec Bolsters Trulioo Board of Directors

Amex Exec Bolsters Trulioo Board of Directors

Lisa Stanton has officially become the latest member of the Trulioo Board of Directors. Stanton has more than twenty years of experience in the payments industry, with prior stops at Citizens Financial House (where she served as the SVP of Payments and Distribution) and InAuth (where she served as CEO). She is currently a member of the executive team at American Express.

As a member of the Board, Stanton will be asked to use her expertise to guide Trulioo’s short and long term strategy in a rapidly evolving identity marketplace. She believes that the growing threat of identity fraud will increase the demand for solutions that can raise financial inclusion and lower the amount of risk for businesses and consumers.  

“I always considered Trulioo to be the most innovative player in the digital identity space,” said Stanton. “As digital fraud and ID theft continue to rise and as two billion people still lack access to traditional banking, now is a critical time to leverage the power of digital ID and risk mitigation solutions to solve these complex challenges.”

“[Lisa’s] extensive work across a range of finance, security and fintech companies will be a massive asset as as we continue our momentum from 2019 and enter a period of significant growth,” added Trulioo CEO Stephen Ufford.

Trulioo closed its 2019 campaign with the launch of its mobile identity verification services in Nigeria and Ghana, which solidified the company’s position on the African continent. The company also partnered with Refinitiv to develop a new mobile onboarding platform called Qual-ID. The platform was specifically designed for financial institutions that need to comply with the latest Know-Your-Customer and Anti-Money Laundering regulations.

Trulioo is best known for its GlobalGateway platform, which verifies people’s identities with document and facial recognition. The company previously partnered with Mitek to enhance the platform’s biometric authentication features.

(Originally posted on FindBiometrics)