Leeds, United Kingdom
TruNarrative, a LexisNexis Risk Solutions Company, was founded in 2016 with the mission to simplify safe commerce. Headquartered in the United Kingdom, the company is a significant player in the Analytics, Big Data, Financial Services, and IT industries. Through its innovative platform, TruNarrative addresses multi-jurisdictional customer onboarding, detects financial crime, and ensures risk and regulatory compliance.
The platform integrates functions like Identity Verification, Fraud detection, eKYC, AML, and Account Monitoring via a single API, utilizing machine learning and process automation for enhanced efficiency. It provides a no-code interface that allows easy configuration, adaption of rules, and decision-making without extensive IT involvement, thereby keeping the total cost low.
TruNarrative last secured a Corporate Round investment on 21 February 2019. The company's strategic value lies in its ability to streamline compliance and security processes, making it a compelling consideration for investors interested in cutting-edge financial technology solutions.
