Trulioo, a leading identity platform, has partnered with PingPong, a global provider of cross-border embedded payment solutions. The partnership aims to minimize manual onboarding and deliver fast, compliant payment experiences worldwide. PingPong, with over $250 billion in transaction volume and 32 offices worldwide, is at the forefront of the global payments sector. As cross-border payments grow at an expected 5.9% CAGR to reach $50tn USD by 2032, businesses face hurdles such as country-specific regulations, fraud risks, and onboarding expectations. Trulioo’s Business Verification and Watchlist Screening technology will help PingPong automate verification processes across regions, meeting rigorous Know Your Business (KYB) and Anti-Money Laundering (AML) compliance standards. Trulioo Business Verification can verify more than 700 million business entities through an integrated global data network that’s refreshed every 15 minutes. Its flexible, real-time verification capabilities are tailored to meet KYB and AML compliance requirements across diverse markets and provide a holistic view of businesses and their ultimate beneficial owners.