Financial crime fighting firm gears up global growth
TruNarrative, the global provider of financial crime solutions, is tripling the size of its Leeds headquarters and plans to create over 20 jobs as it gears up for expansion following a tenfold increase in customer sign-ups.
Founded in 2016, TruNarrative’s financial crime platform brings together electronic Know Your Customer (eKYC), ID verification and fraud detection into a platform – aiming to help businesses grow while protecting them against financial crime. The business is now set to move its headquarters to the Grade I listed Leeming Building on Vicar Lane in Leeds.
The firm has clients in sectors including banking, lending and online gambling, across Europe and Asia and has offices in Singapore, Hong Kong and New York. It has already expanded its global identity verification solution to cover 44 countries.
TruNarrative has partnerships with Cifas, CreditSafe, Comply Advantage, Equifax and HelloSoda, and features some 25 third-party apps in its App Store. Its consortium model provides a forum for sharing real-time insight globally and locally. In 2017, the firm formed a partnership with Credit Bureau Malaysia.
John Lord, CEO of TruNarrative, said: “We are seeing growing demand in the UK and further afield, especially across Asia and EMEA, from institutions looking to achieve compliance in an increasingly dynamic financial crime environment.
“By combining state-of-the art technology with expert fraud detection systems through a single source platform and bringing this together with machine learning and human insight, we are helping our clients make safe commerce simple.”
