Case Study: a global digital marketplace achieves 20% higher UBO match rates with Trulioo Business Verification

World’s Second-largest Global Digital Marketplace boosts U.S. seller UBO match rates by 20% with Trulioo

The world's second-largest global digital marketplace faced challenges with friction in onboarding U.S.-based sellers and needed to improve ultimate beneficial owner (UBO) verification performance without sacrificing compliance. To solve this, they partnered with Trulioo and implemented its Business Verification service.

Trulioo provided a solution with regionally relevant data and a flexible integration model, which enabled a same-day deployment. This collaboration resulted in a 20% uplift in UBO verification match rates in key regions like New Jersey and Delaware, immediately improving the onboarding process without compromising compliance.