Trulioo, a global leader in identity verification and compliance solutions, has announced record-breaking growth in the United States, signalling a major shift in how enterprises manage identity and business verification. The company recorded a 1,996% surge in U.S. Know Your Business (KYB) transaction volume since 2023, alongside a 102% year-over-year increase, cementing its position as the go-to platform for large-scale, secure verification.
Across all Trulioo products, overall U.S. verification activity grew 134%, with over 20 million transactions processed in 2025 alone, highlighting its rapid adoption among fintech, banking, and e-commerce sectors.
Unified Platforms Reshape the Verification Landscape
Recent research reveals that the global verification market is undergoing a significant transformation. Nearly 94% of organisations using integrated identity platforms report smoother Know Your Customer (KYC) and KYB management. Enterprises are increasingly abandoning fragmented, multivendor solutions in favour of unified verification systems that simplify operations and improve compliance efficiency.
“We’re witnessing the end of the patchwork era in identity verification,” said Vicky Bindra, CEO of Trulioo. “Trulioo is at the forefront of this shift, empowering banks, payment providers, fintechs, and digital marketplaces to use a single, global platform that enhances verification accuracy, reduces fraud, and boosts onboarding performance,” Bindra added that the company remains committed to strengthening the trust infrastructure that powers global commerce.
Industry Recognition Reinforces Trulioo’s Leadership
Trulioo’s continued innovation has not gone unnoticed. The company was named a Leading Vendor in the 2025 Liminal “Link Index: Business and Entity Verification (BEV)” for the second consecutive year. It also earned platinum and gold honours for KYC and identity verification excellence at the 2025 Juniper Research “Future Digital Awards for Fintech & Payments.”
Additionally, Trulioo was highlighted as a major player in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment, underscoring its growing influence across financial ecosystems.
Enterprise Success Stories Showcase Real-World Impact
Global enterprises are turning to Trulioo’s unified platform to streamline onboarding, minimise risk, and reduce operational costs. A global online payments company integrated Trulioo’s platform, achieving over 90% verification success with government IDs after consolidating from multiple vendors.
A leading U.S. cryptocurrency exchange increased verification rates from 11% to 60%, surpassing industry competitors by 15%. A worldwide e-commerce marketplace boosted verification success from 77% to 87% by eliminating Social Security number requirements. A major trading firm reduced KYC verification expenses by 10% while maintaining top-tier accuracy. These case studies highlight how Trulioo enables scalable, reliable, and compliant digital onboarding across industries.
The Future of Global Trust and Identity
The Trulioo identity platform unites documentary, non-documentary, and business verification through a single API, empowering companies to operate securely across multiple markets. This unified approach simplifies compliance, enhances user experience, and reduces costs without compromising data integrity.
Trulioo will demonstrate its newest product advancements at Money20/20 USA, from October 26 to 29 in Las Vegas, showcasing how it is building the next generation of global trust infrastructure for digital businesses.