Trulioo strengthens identity verification for Fiserv clients
Fiserv integrates Trulioo’s identity verification tools to help merchants streamline customer onboarding and reduce fraud risk.
Curated by Financing Your Way from original reporting by Finextra — Lending. Summary is AI-assisted and editorially reviewed — see our editorial standards.
This partnership between Trulioo and Fiserv is designed to make your customer onboarding process faster and more secure. For retailers and service providers using Fiserv's payment infrastructure, this integration brings advanced identity verification tools directly into your workflow. The goal is to reduce the friction customers feel when they sign up for financing or payment plans while simultaneously lowering your risk of fraud. Trulioo’s platform uses global risk intelligence to verify that a person—or a business—is who they say they are in real-time. For your business, this means fewer manual reviews and fewer lost sales due to clunky verification steps. If you are operating in multiple countries or looking to expand, this tool handles international verification seamlessly. It simplifies the underwriting process by providing cleaner data on the front end, allowing you to approve more legitimate customers quickly. In an era where identity theft is rising, these backend upgrades help protect your bottom line without ruining the customer experience.
Source: Finextra — Lending
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