Case Study: Forex Brokers expedite international onboarding and reduce fraud with Trulioo GlobalGateway

Expediting International Onboarding for Foreign Exchange Brokers

Forex Brokers operate 24/7 across a fragmented global regulatory landscape and face rampant forex fraud while needing to onboard traders quickly to avoid abandonment. They required a way to meet strict AML/KYC requirements across many jurisdictions without creating a cumbersome customer experience, so Trulioo (using its GlobalGateway identity verification solution) was brought in to address these challenges.

Trulioo implemented GlobalGateway to orchestrate hundreds of identity services and data sources and apply dynamic, risk-based verification—improving match rates, reducing false positives and lowering the likelihood of fraud while speeding international onboarding. The solution scales into new markets and adapts to peak demand, and Trulioo research shows real-time identity verification can drive customer spend (73% of consumers are likely to spend more on sites that use it).