Japanese startup Trustdock chosen to pitch at Selection Day in Dubai
TOKYO, August 15, 2019 –TRUSTDOCK Inc. was chosen from 5 other startups at the first Mastercard Start Path Selection Day to be held in Japan. The company’s law-compliant, eKYC ID app and identity verification API was voted the winner by the 60 person judging panel, TRUSTDOCK will attend the Global Start Path Selection Day in Dubai taking place in October.
Start Path is Mastercard’s award-winning startup engagement program that brings together a network of innovators from across the globe to shape the future of commerce. Startups benefit from the knowledge of a global network of Mastercard experts, technologies and channels. Banks and merchants gain access to a global portfolio of elite startups to accelerate commercial products and solutions through collaboration. Launched in 2014, startups that started with Start Path have gone on to raise over $1.4B in capital investment.
TRUSTDOCK to create a global identity verification API ecosystem with an eKYC ID app and API platform
Already live in Japan, TRUSTDOCK is now beginning a global launch and plans to be operating in multiple new countries by this time next year.
By developing KYC infrastructure that complies with laws in all countries, TRUSTDOCK will be able to contribute to the continued expansion of digital transactions across the globe, and unify a fragmented digital ecosystem.
KYC as a Service
Already Japan’s leading eKYC provider, TRUSTDOCK uses a host of APIs to perform a variety of identity verification tasks that speed up the account opening process for any digital service provider, all fully compliant with regulations, including Japan’s new Anti-Money Laundering Act.
In addition to their technology, TRUSTDOCK manages the operations necessary to execute identity verification processes, provide human eye verification when necessary, and troubleshoot any issues that may arise for clients. Because of this combination of technology and operations, with TRUSTDOCK, service providers can conduct identity verification at a low cost without having to develop an identity verification management screen, recruit and train operators, or manage 24/7 work shifts. Any company with online member registration or with existing customer databases can use the service, irrespective of business category or size.
As TRUSTDOCK has various independent APIs ready, a service provider can execute any API required by relevant regulations or their own workflows, including new account openings, when fraud is detected on transactions, during periodical customer data updates, and upon reactivation of dormant accounts.
With a KYC platform that is securely linked to a digital ID app via APIs, the future for TRUSTDOCK is fully digital IDs that will quickly and reliably verify anyone, so everyone everywhere will have access to all the digital goods and services they qualify for.
Global Markets Lead