Collabria Financial Services, Canada’s largest credit union credit card issuer, has announced that they will partner with Trulioo, a global leader in digital identity verification.
This collaboration will support a streamlined verification process for new cardholders. By integrating Trulioo capabilities, Collabria will enhance the trust and safety of their digital platforms and continue their commitment to providing secure and innovative financial solutions.
Trulioo state-of-the-art, in-house verification capabilities will deliver fast, compliant and automated onboarding experiences that meet Collabria’s unique business needs. As Collabria’s operations continue to grow, the integration of Trulioo will allow the full automation of their Know Your Business review in addition to their current Know Your Client process, ultimately increasing member and cardholder satisfaction.
Trulioo advanced identity verification technology enables the verification of more than 5 billion people and 700 million business entities across 195 countries. The Trulioo platform will support Collabria’s operations in the reduction of fraud, while ensuring a secure, efficient method to welcome new cardholders.
“The partnership with Trulioo marks a pivotal step forward in enhancing our security measures, while delivering a more streamlined, customer centric process,” said Jean-Marc Handfield, Chief Executive Officer at Collabria. “With their cutting-edge technology, we’re elevating our measures against fraud and ensuring a faster and most importantly safer, more secure experience for our cardholders.”
“We are proud to partner with Collabria to deliver streamlined identity verification solutions for their cardholders,” said Steve Munford, CEO of Trulioo. “At Trulioo, our focus is on providing industry-leading solutions that meet the evolving needs of the payments industry. By combining our intelligent technology with Collabria’s expertise, we’re confident in our ability to enhance their verification processes, improve onboarding outcomes, and open windows of possibilities for their partners and members.”