For its UK operations, Nium has incorporated the Trulioo Person Match identity verification capabilities to provide quick and compliant payment experiences.

Since launching their collaboration in 2015 for Nium's operations in North America, the skills and knowledge of Trulioo have enabled Nium to maneuver through highly regulated markets, guaranteeing know-your-customer (KYC) and anti-money laundering (AML) compliance for transactions on both ends, including those involving thin-file customers.

Currently, Nium runs a real-time, cross-border payments network that supports payouts and collections to cards, digital wallets, and bank accounts in 190 markets and more than 100 currencies.


Nium's UK operations are strengthened by the extended Trulioo relationship, which eliminates the need for significant administrative or engineering work to comply with the strict KYC, AML, and counter-terrorist financing regulations mandated by money service business licenses in several markets.

"When you are delivering new compliance solutions, you want a proven and trusted partner with global, 24/7 support to guide you and explain the landscape," said Dylan Lowrey, general counsel at Nium.

"It only made sense to use our trusted relationship with Trulioo as we evaluated our UK compliance requirements. We may obtain extensive data sets from Trulioo Person Match, which are essential for identification verification.


Moving payment and transaction activities across borders doesn't have to be a hassle, says Steve Munford, CEO of Trulioo. Without requiring complex infrastructure overhauls, our unmatched global coverage and readily integrated APIs provide comprehensive data sets that speed up market expansion and verification.

"The most recent phase of our enduring collaboration with Nium exemplifies how success can be achieved globally through data excellence, market knowledge, and a mutual dedication to compliance."

Nium has surpassed its eight-second target by verifying clients in less than 6.43 seconds, thanks to a 27% increase in total verification rate since extending its relationship with Trulioo to the UK.