By Jessica Galang

Vancouver-based Trulioo, which produces ID verification software for compliance and fraud risk mitigation, has won the award for the Innovation in Cyber Security/Anti-Fraud at the 2016 FinTech Innovation Awards, an annual event recognizing innovative financial technology and pioneers.

The event was held at The Brewery in London, England. Trulioo was recognized for its flagship identity verification platform/API, GlobalGateway. GlobalGateway helps businesses validate the identities of more than 4 billion people in over 40 countries, and targets emerging markets where many people have little to no access to the traditional banking system. By comparing registration information against information collected and hosted by secure data sources, GlobalGateway provides real-time identity verification around the world through a single integration.

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Source: BetaKit