Global RegTech company TruNarrative has announced a new partnership with TrustID to integrate its expert document review service into the TruNarrative platform.
This enables TruNarrative customers to utilise the industry expertise that the TrustID team bring. TruNarrative delivers financial crime detection, customer onboarding and transaction monitoring to banks, financial services, e-commerce businesses and gambling operators.
Via a single API, the TruNarrative platform orchestrates fraud, anti-money laundering, ID and biometric verification, multi-bureau eKYC, eKYB, PEPs and sanctions and anomaly detection.
TrustID’s expert review service combines human analysis and machine processing to verify identity documents. The TrustID document analysis team quickly and accurately analyse identity documents to provide a detailed report evaluating their validity.
TrustID’s team has a wealth of experience in real-time identity document verification, checking many thousands of identity documents every week and finding thousands of fake documents every year.
TruNarrative customers can build TrustID’s expert review into their onboarding journeys, to reliably and consistently verify identity, detect fraudulent documentation and gain the insight they need to make informed onboarding decisions.
TrustID’s document analysis will sit within TruNarrative’s AI driven platform providing firms the option to refer identity documents to human experts, delivering understanding into the authenticity of a document and the identity of an applicant.
The partnership will also integrate TruNarrative’s technology into TrustID’s platform, delivering TrustID customers access to KYC, address verification and PePs and sanction checks.
