Trulioo's AI-Powered UBO Discovery Boosts APAC Business Verification 51%
Event summary
- Trulioo's advancements in Ultimate Beneficial Owner (UBO) discovery drove 51% year-over-year growth in APAC business verification volume in 2025.
- The company achieved up to 98% UBO coverage in Vietnam, 70% in the Philippines (+69% uplift), and 81% in Singapore (+24% uplift).
- Trulioo's AI-governed engine combines global data sources to resolve incomplete or inconsistent ownership information.
- The improvements led to a 40% increase in UBO coverage for a major social media platform operating in APAC.
The big picture
Trulioo's success in APAC highlights the growing demand for advanced Know Your Business (KYB) solutions as organizations struggle with fragmented and inconsistent ownership data. The company's AI-driven approach to UBO discovery is redefining compliance and risk management in complex markets, positioning it as a key player in the global digital economy. The 51% growth in business verification volume underscores the strategic importance of accurate ownership visibility for onboarding and fraud prevention.
What we're watching
- Market Expansion
- How Trulioo's UBO discovery capabilities will affect its ability to scale into new markets, particularly in SME-heavy and cross-border environments.
- Competitive Dynamics
- Whether Trulioo can sustain its lead in KYB innovation against traditional and emerging competitors in the APAC region.
- Regulatory Compliance
- The pace at which regulatory requirements for business verification will evolve and how Trulioo adapts its solutions accordingly.
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