TruaScore™

The TruaScore is a simple and objective way to evaluate the credibility of others and establish trust. The TruaScore confirms an individual’s identity, criminal history, financial and civil records, and the person’s capabilities like education, and professional licenses. Each type of record is included in the TruaScore calculation. Different aspects of the score are weighted and scored based on the seriousness and recency of the event.

Trua’s approach to data minimization helps banks and financial institutions minimize the risk of data breaches or identity theft by collecting only the minimum amount of personal information required for verification purposes. Trua achieves this through the concept of selective disclosure, which allows users to control which pieces of personal information are shared with relying parties. Trua employs multiple measures to protect user data, including the use of encryption techniques to ensure the security of the data, and access controls to limit the number of individuals who can access the data.

Yes, Trua can integrate with existing business processes for identity verification and fraud detection. Its all-in-one ID proofing, fraud detection, and user authentication and screening solution can be easily integrated with any existing business processes geared towards trust verification. Trua’s platform is designed to be flexible and configurable, allowing businesses to customize the solution to meet their specific needs. This means that businesses can leverage Trua’s advanced technology and expertise to improve their existing identity verification and fraud detection processes without needing to implement a separate system. By integrating Trua’s solution, businesses can enhance their existing processes and minimize the risk of fraud, all while streamlining their verification process and improving the overall customer experience.

Truascores are created by each TruaScore owner. Individuals share their truascore directly with you through the Trua trust exchange—there is no need for the usual background check documentation and releases required for a third party to process information. Since no personally identifiable information (PII) is contained in the score details, there is no need to worry about managing and guarding any personal information.

Our approach allows for a holistic view of a person’s trustworthiness and the range is 0-360 representing a 360-degree view of an individual. Individuals with truascores verify and confirm their identity and background data before sharing their truascore with your company. The same scoring method is applied to everyone, regardless of race, income, education level, etc. We take special care to minimize bias and our scoring method is bias-free as only objective data is used in our scoring methods.

The TruaScore includes data that an individual subscriber provides along with data gathered from the court and public records. When creating an account and completing a TruaScore profile, subscribers provide identity information, education history, and optional details about professional licenses. Once a TruaScore profile is complete, Trua gathers data from many sources and applies a patented and proprietary algorithm to analyze and develop a score. The TruaScore is calculated using the data provided by the subscriber and data collected from the court and public records. TruaScore owners can review data used in their scores to ensure accuracy. Our proprietary algorithm continuously monitors and updates the subscriber’s scores regularly.

TruaScores are not subject to the fair credit reporting act (FCRA) because we do not provide third parties reports for any purposes. Truascores are sold directly to consumers who may use them at his/her discretion for any purpose. Such use falls outside of the FCRA and FCRA reporting requirements. TruaScores and Trua are still subject to consumer protection regulations and oversight of the federal trade commission (FTC) and state entities. For example, Trua is subject to important UDAAP and privacy protections related to the use of its information.

Data found in third-party data searches is not editable by a score owner and the score cannot be changed by the TruaScore owner. Provided some personal data like name and date of birth are also not editable. Other data may be editable such as current email address and phone number.

Our platform regularly scans thousands of external data sources. Data is securely gathered and processed using proprietary data integrations and ID-matching algorithms. The score is updated when we find conviction data for criminal offenses, sex offender registrations and, civil records including bankruptcy, liens & judgments, lawsuits and, foreclosures. If a score changes, you will receive a notification with an updated score within 48 hours of the change. View scores in your Trua dashboard where you’ll always see the latest score.

We have a robust set of APIs that make integrating into the Trua Exchange a very straightforward procedure. For more information on our APIs, please see the Resource Center or contact us.

Trua is committed to maintaining the highest operational standards to protect data and to ensure compliance with federal and international requirements. Trua utilizes advanced levels of authentication, encryption, and data security protocols. For detailed information please contact us.

Trua is committed to maintaining the highest operational standards to protect data and to ensure compliance with federal and international requirements. Trua utilizes advanced levels of authentication, encryption, and data security protocols. For detailed information please contact us.