• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Equals Group Adopts TruNarrative Onboarding Solution

March 18, 2021

The Equals Group is the latest company to take advantage of TruNarrative’s onboarding and fraud prevention services. The Group is best known for running a number of different e-banking and payment brands, including Equals Money, FairFX, and CardOneMoney.

Equals Group Adopts TruNarrative Onboarding Solution

TruNarrative, meanwhile, offers software solutions that allow organizations to assess risk levels during the onboarding process. The company’s platform checks dozens of third-party data sources when someone signs up for a new account, and can determine whether or not someone is facing any sanctions or is otherwise on a list of politically exposed persons. In doing so, TruNarrative helps build trust between an organization and its customers, while allowing them to comply with the latest Know Your Customer and Know Your Business regulations.

The Equals Group selected TruNarrative because the company’s API offers support for multiple workflows, all of which can be customized to serve the needs of a specific brand. The solution creates an auditable record of onboarding events, and has been integrated into the Group’s core platform to provide coverage for its entire portfolio. Low risk cases can be approved automatically, while high risk ones can be referred to an agent for manual review.

“We are always on the lookout for tech solutions to help us deliver the best service possible to our clients,” said Equals Group COO Matthijs Boon. “Through TruNarrative, we can address an integral part of our customer’s journey and take it to the next level.”

“Our partnership with the Equals Group demonstrates our commitment to working with innovative, high-growth businesses,” added TruNarrative COO Ryan Morrison. “We look forward to helping them drive efficiency and maintain a low-friction customer experience.”

TruNarrative has already provided secure onboarding technology for several other financial institutions. The company partnered with the Swedish banking start-up Juni earlier this month, after previously forming similar arrangements with ikigai and Paragon Bank. In February, TruNarrative also launched a new identity verification platform designed for small business.

Filed Under: Industry News Tagged With: APIs, digital banking, e-banking, Equals Group, financial services, Know Your Customer, KYC, KYC compliance, onboarding, TruNarrative

Related News & Articles

Use of Digital Wallets Will Skyrocket in Next Few Years: Juniper Research

Selfie Onboarding Specialist Teams With Poland’s Paymento

Trustonic Provides TAP Security for Huawei P40 Series

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • NordPass, Yahoo! Japan, and Regula Keep Up Mobile Biometrics Momentum
  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld