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Trulioo vs Veriff: What are the differences?
# Key Differences between Trulioo and Veriff
Trulioo and Veriff are both identity verification companies that offer services to help businesses verify the identities of their users. However, there are several key differences between the two platforms that set them apart.
1. **Global Reach**: Trulioo has a wider global reach compared to Veriff, with coverage in over 195 countries and territories. This allows businesses using Trulioo to verify identities across a more extensive geographic area.
2. **Verification Methods**: Trulioo offers a broader range of verification methods, including document verification, identity document validation, biometric verification, and facial recognition technology. In contrast, Veriff primarily focuses on document verification and facial recognition.
3. **Industry Focus**: Trulioo caters to a wide range of industries, including fintech, eCommerce, and online marketplaces. On the other hand, Veriff specializes in serving the fintech industry, focusing on providing identity verification solutions for financial institutions.
4. **Ease of Integration**: Veriff offers a more seamless integration process for businesses, with a user-friendly API and SDK that makes it easy to incorporate their services into existing platforms. Trulioo also provides integration support but may require more customization for certain businesses.
5. **Compliance Standards**: Trulioo is known for its stringent compliance standards, including adherence to GDPR, AML, and KYC regulations, making it a popular choice for businesses in highly regulated industries. Veriff also prioritizes compliance but may have slightly different regulatory focuses based on its targeted market.
6. **Price Structure**: Trulioo's pricing structure tends to be more flexible, offering various pricing tiers based on the volume of verifications and the specific services required by the business. Veriff, on the other hand, may have a more standardized pricing model that could be less customizable for certain businesses.
In Summary, Trulioo and Veriff differ in terms of global reach, verification methods, industry focus, ease of integration, compliance standards, and price structure.
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What is Trulioo?
It is the leading global identity verification provider helping businesses meet requirements & mitigate fraud and risk. It’s API – lets you instantly verify five billion individuals and 330 million business entities from anywhere in the world in real-time.
What is Veriff?
Veriff is the highly-automated identity verification platform connecting companies with honest customers. Veriff makes it easy to connect with people you can trust. With the combined forces of machine learning and eagle-eyed specialists, Ve
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What companies use Trulioo?
What companies use Veriff?
What companies use Trulioo?
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What companies use Veriff?
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What tools integrate with Trulioo?
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