Press Release: Trulioo Recognized as a 2017 CNBC Disruptor 50 Company

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Leading RegTech Provider of Global Identity Verification Ranked #37 of the Country’s Most Innovative Companies

SAN FRANCISCO, CA – May 16, 2017 –
 Trulioo
, the leading global identity verification company, today announced it was named to the CNBC Disruptor 50 List for its global Anti-Money Laundering (AML) and Know Your Customer (KYC) compliant identity verification solution, GlobalGateway. The CNBC Disruptor 50 is a ranked list of the country’s most ambitious and innovative companies changing the economy and revolutionizing the overall business landscape.

“Being ranked among the caliber of companies in CNBC’s Disruptor list is both humbling and empowering,” said Stephen Ufford, CEO of Trulioo. “This recognition further validates our mission to help build a layer of trust online by providing effective RegTech solutions to power the payments ecosystem with the widest identity verification coverage to enable real financial impact for citizens around the globe.”

The rapid proliferation of mobile and the growth of fintech have spawned the need for compliance solutions that are on-demand in order to provide access to financial products and services in real-time. Trulioo was recognized for developing disruptive regulatory technology (RegTech) that provides businesses with a comprehensive global identity verification solution to help streamline compliance processes, mitigate risks, and reduce fraud online.

“The speed of technology is relentless and increasing faster than ever before,” said Ufford. “And the only way for businesses, policy makers and regulators to keep pace is to leverage nimble solutions that offer transparency and can adapt quickly with dynamically changing to new requirements.”

Trulioo was ranked #37 and joins luminary disruptors on CNBC’s Disruptor 50 list. Seven companies (Airbnb, Dropbox, Pinterest, Palantir, SpaceX, Spotify and Uber) have made the list all five years. Companies were ranked based on CNBC’s proprietary blend of quantitative and qualitative inputs.

CNBC.com’s special report, disruptor50.cnbc.com, features an in-depth profile of Trulioo, an explanation of how CNBC chose and ranked the companies on the list, a robust line-up of stories exploring the technologies today’s business decision makers need to know, and an examination of how investors can profit from disruptive trends.

About Trulioo

Trulioo is a global ID verification company that provides advanced analytics from traditional and cyber data sources to instantly verify identities online. The company’s mission is to solve global problems associated with verifying identities online by powering fraud prevention and compliance systems for hundreds of clients worldwide in an effort to increase trust and safety online. Trulioo’s bank-grade identity verification product, GlobalGateway, enables businesses to perform frictionless identity verification for 4 billion people in over 60 countries via more than 200 data sources – the widest coverage in the market. GlobalGateway helps businesses comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) identity verification needs, and provides a reliable and trustworthy way for businesses to evaluate new and existing users through one, single portal or API. For more information, visit www.trulioo.com.