According to Trulioo, its dedication to the Asia-Pacific (APAC) market has proven essential for online marketplaces, financial services firms, and payment providers growing into North America and Europe, as well as for organizations entering the region.

Trulioo demonstrated how its round-the-clock implementation support assists APAC-based organizations in entering new countries, complying with intricate regulatory requirements, and onboarding clients and merchants swiftly.


It was discovered that it had assisted a single e-commerce platform in rapidly verifying brands in the US and China, saving over a week of labor-intensive manual onboarding procedures for every company. With Trulioo's assistance, a worldwide remittance provider has made inroads into thirty markets, including Bangladesh, China, the US, India, Indonesia, and the Philippines. With an average match percentage of 92% for the provider's target demographic, Trulioo's major market is China.
 

Leading the Singapore branch, Ivan Yang, APAC operations director at Trulioo, has overseen the company's global expansion. He has contributed to the formation of strategic partnerships with more than 400 partners in 50 nations.

"No matter the region or type of business, our customers rely on state-of-the-art, customized capabilities to meet their full range of verification needs," he said. Our clients have benefited greatly from our round-the-clock implementation support as they grow and adhere to local regulatory requirements. We're glad to be available 24/7 with verification counsel that encourages quantifiable growth in the dynamic APAC market.
 

Driving Trulioo's expansion throughout Asia

Additionally, Trulioo assists APAC businesses in navigating their complicated regulatory duties when conducting business abroad, especially in North American and European markets. Automating laborious Know Your Business tasks, such mapping cross-border connections between companies and owners, is part of this help.

"APAC is pivotal to Trulioo, and Ivan has been a force in driving unprecedented growth throughout the region," said Steve Munford, CEO of Trulioo, in reference to the identification platform's efforts in the area. In just a single year, he has brought together an incredibly committed group of workers who are capable of delivering unmatched customer service, stimulating creativity, and accelerating our expansion across the area.
 

Additionally, Trulioo provided additional instances of how it has assisted companies in the previous year:

In collaboration with Trulioo, a multinational e-commerce company has located and authenticated more than a million Chinese companies and their proprietors.
After partnering with Trulioo, an APAC payment processor that specialized in onboarding sole proprietorships at scale has now extended its verification services to include Japan, Canada, Australia, and the UK.