TruNarrative Leeds

Written by Ryan Morrison

Financial Crime Fighting Platform TruNarrative Gears up For 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 is underpinned by a powerful decision engine, machine learning and API management, bringing together eKYC, ID verification and fraud detection in an easy-to-configure platform.

TruNarrative aims to help businesses grow while protecting them against financial crime and ensuring a positive experience for good customers. It 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 already established partnerships with Cifas, CreditSafe, Comply Advantage, Equifax and HelloSoda, and features some 25 third-party apps in its App Store which can all be configured through the platform. Furthermore, TruNarrative’s Consortium model provides a forum for sharing real-time insight globally and locally to give an even more enhanced view of fraud and money laundering.

In 2017, TruNarrative formed a collaborative partnership with Credit Bureau Malaysia to further improve its approach to global fraud prevention and spearhead its expansion into Asia. The business plans to make a number of additional strategic partnership announcements in early 2018.

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.”

The business’ new headquarters are located in the iconic Grade I listed Leeming Building on Vicar Lane in Leeds.

Ryan Morrison, Director of Sales and Marketing at TruNarrative, said: “We’re incredibly proud of TruNarrative’s achievements to date and following last year, which surpassed all our expectations, we are naturally gearing up for further growth in the UK and our core markets of EMEA and Asia.

“Our move to larger offices in Leeds will help facilitate the next stage in our development and provide the perfect environment for our team of financial crime experts to enhance and develop our unique platform for our growing, global client list.”