Trulioo Business and Person Identity Verification Process Strengthens Airwallex’s Compliance and Fraud Prevention

Flexible, layered business and person verification can help global payment organizations overcome complex regulatory and fraud prevention challenges in markets around the world.

The partnership between Trulioo and Airwallex, a leading global payments and financial platform for modern businesses, highlights how a blend of data matching, document verification and business verification can open the door to compliance and secure onboarding. 

“Our cutting-edge verification technology has empowered Airwallex to confidently enter new markets, meet stringent regulatory requirements and build trust and safety,” said Trulioo CEO Steve Munford. “This collaboration goes beyond technology. It’s a relationship built on flexibility, innovation and a commitment to navigating the complexities of compliance and fraud prevention across the globe.”

Flexible Identity Verification Processes

The Trulioo platform’s flexibility has been key to the partnership’s success. With flexible integration options from Trulioo, including a modern API and a hosted image-capture SDK, Airwallex can quickly adjust its verification workflows to comply with evolving regulations. 

That agility is crucial for supporting the company’s continuous, rapid international expansion.

“Trulioo delivers a dynamic solution, enabling Airwallex to adapt our identity workflows over time to outpace fraud and maintain compliance,” said Elliot Colquhoun, vice president, IT & Information Security at Airwallex. “Partners like Trulioo are essential to effectively identify and block fraud so that we can ensure the security of over 100,000 global businesses while allowing legitimate transactions to proceed without interruption.”

Sophisticated, Dynamic Fraud Prevention

With more than $100 billion in annual processing volume, Airwallex relies on sophisticated, dynamic identity verification to fight fraud and protect its platform.

Trulioo Identity Document Verification helps Airwallex stay ahead of fraud threats. By adding liveness detection to ID document capture and facial biometrics, the company further exposes fraudulent onboarding attempts.

The combination of Identity Document Verification and Trulioo Person Match gives Airwallex another powerful tool. The blended capabilities can match the personally identifiable information extracted from an ID document to records in official databases.

That layered approach to identity verification integrates advanced technologies and provides a sound fraud prevention strategy. Trulioo data analytics also helps spot fraudsters and unusual patterns that require further investigation.

Airwallex also uses Business Verification through the comprehensive Trulioo platform. The integrated capability enables Airwallex to verify businesses and their owners while delivering fast, compliant and automated onboarding experiences.

Case Study

Trulioo Unlocks Global Expansion for Airwallex

Learn how the global payments and financial operations platform integrates Trulioo services to reinforce compliance and fraud prevention across 181 countries.