May 31, 2023 | Business
Shufti Pro, a leading provider of identity verification and fraud prevention solutions, continues to empower global businesses with its innovative product portfolio. The company provides an array of AI-powered IDV solutions, including KYC, AML screening, KYB, NFC technology, and risk assessment to verify identities, detect financial crimes, streamline customer onboarding, and assess potential risks effectively.
Know Your Customer (KYC) and Anti-Money Laundering (AML) screening remains the cornerstone of Shufti Pro’s product offerings. The company deploys artificial intelligence and machine learning algorithms to perform identity verification checks and ensures a greater level of accuracy and security in the customer onboarding process. Shufti Pro’s KYC solution enables the verification of clients through government-issued ID documents, such as passports and driver’s licences, or biometric analysis, such as facial recognition technology.
AML screening solutions allow merchandise to fulfil regulatory requirements and detect potential financial risks. The solution scans customers’ data against global AML watchlists, sanctions lists, and Politically Exposed Persons (PEPs) databases to prevent money laundering, terrorist financing, and other fraudulent activities, safeguarding businesses’ operations and reputation.
To meet user expectations in the technologically advanced world, the global IDV provider Shufti Pro provides an NFC verification product that uses near-field communication technology for secure, reliable, and instant customer verification. The company also offers KYB verification to authenticate other companies’ legal status and ownership to create trustworthy partnerships and eliminate financial risks in the business ecosystem.
“At Shufti Pro, we are committed to revolutionising the trust and security landscape through our innovative product offerings,” said Victor Fredung, CEO of Shufti Pro. “We are dedicated to staying at the forefront of technological advancements, continually polishing and expanding our product offerings to fulfil the evolving needs of our clients. With Shufti Pro, businesses can confidently operate in the digital age, knowing they have a trusted IDV partner by their side.”
The company has recently launched a risk assessment solution that plays a crucial role in evaluating potential threats and vulnerabilities businesses face. Shufti Pro’s risk assessment solution provides insights, empowering enterprises to make informed decisions, strengthen their security, and protect themselves against reputational damage and financial losses.
Last year, Shufti Pro secured $20 Million in Series A funding to accelerate its international expansion, enhance its IDV solutions and expand its compliance suite. Staying true to its word, the company is rolling out new IDV products to fulfil its vision of building a future where fraud prevention is cost-effective and accessible to every size of business.
About Shufti Pro
Shufti Pro is a leading IDV service provider offering KYC, KYB, KYI, AML, biometric verification, and OCR solutions, accelerating trust worldwide. It has six international offices and has launched 17 complimentary IDV products and solutions since its inception in 2017. With the ability to automatically and securely verify over 10,000 ID documents in more than 150+ languages, Shufti Pro proudly serves customers in 230+ countries and territories.
For more information, please contact
Paul Keene
Snr. Digital Marketing Manager | Shufti Pro
paul.k@shuftipro.com
+44 020 3435 6498
Market Pro
Marketing Partner | Shufti Pro
Shuftipromedia@marketpro.ai
May 31, 2023 | Business
After getting repeated requests for dumpster bag pick up, Cody Conner of Snap Junk Removal seized the opportunity and bought an I-beam lift truck dedicated to specifically this purpose. Some of the problems ordinarily encountered with larger waste management companies who sell these bags is that they don’t provide quick service as far as ability to get on their schedule for a pick up, and they also have a different lift system and larger truck, which prevents them from picking up the bag from anywhere but curbside. In that regard, they’ve gotten too big for their own good, and customer service suffers as a result. By using a smaller truck with an I-beam rail with a winch at the end that can roll up and down the rail beam, Snap Junk Removal is able to get up their customers driveways further into their property behind gates going to the backyard.
Sometimes customers buy a major brand dumpster bag and fill it with their junk only to find that they’re having trouble getting the supplier to pick it up due to where they put it on their property, or having trouble getting it picked up within reasonable time frame. Snap Junk Removal has wound up picking up several of these other companies waste bags a month, sometimes 3 or on one single property. Now they have a special I-beam lift truck that allow them to access locations from within customers’ properties that other companies can’t, so the dumpster bag does not have to be curbside. Snap Junk Removal is also a more customer friendly dumpster company than some of the larger competitors and can get to customers to pick up the waste bag quicker than they can.
Customers can reach Snap Junk Removal at 281-610-6682 to get their dumpster bag hauled off today. Yes, it can be up a ways on the driveway, or anywhere else a truck can be backed up to. Many customer choose these waste dumpster bags for convenience purposes and not having to deal with waiting on roll-off dumpster deliveries, and also sidestep rental fees associated with renting dumpsters past the number of days included in the up front price. They also help avoid cracked driveways from large dumpster delivery trucks. The trouble customers run into is when its time to get their bag picked up it often takes longer than is reasonable, and they also run into trouble about how picky the service providers are about where the bag (which is now full and pretty much impossible to move without heavy equipment) is put on their property.
The I-beam lift winch can also be used to pick up other larger and heavier items like golf carts, BBQ pits, small trailers, and and more.
May 31, 2023 | Business
BDA Partners is pleased to announce that Sophia Wu has joined as a Managing Director and Head of Healthcare, China. Sophia will expand and deepen BDA’s origination and coverage in the Healthcare sector across Asia.
Sophia has extensive experience in healthcare M&A, capital markets, and consulting in China and the United States. Previously, she was a Partner and Head of Healthcare M&A at China e-Capital Group (CEC), a China-focused investment bank. Sophia advised on a number of sizeable transactions, and built a successful Healthcare practice, managing a team of 13 professionals. Her clients included Affacare, Arrail Dental, Ascendent Capital, bioMérieux, Fosun Group, KKR, PAG and Sundia. Before that, Sophia was the Head of Healthcare at Zhongzhi Capital Group and an Investment Director at Fosun International.
Andrew Huntley, Managing Partner and Global Head of Healthcare, said, “We’re delighted to welcome Sophia to BDA. The firm has built a Health sector team with unique pan-Asian breadth and specialist expertise deep into MedTech, pharma and healthcare service sub-sectors. Sophia will further enhance the insights, network and transaction experience we can offer our clients in China, across Asia, and globally in conjunction with our strategic partner in the US and Europe, William Blair.”
Anthony Siu, Partner, Co-Head of Shanghai at BDA, said, “We’re excited to welcome Sophia. She’s a leading expert in the healthcare space, who brings extensive corporate and financial sponsor relationships. She has a track record of impactful M&A transactions, and will be a great complement to BDA’s China team, to deliver superior outcomes for our Healthcare clients.”
Sophia is a Doctor of Public Health candidate at Johns Hopkins University. She holds a Master of Science in Epidemiology from UCLA, and a Bachelor of Medicine from Capital Medical University, Beijing. She speaks native Mandarin and fluent English.
About BDA Partners
BDA Partners is the global investment banking advisor for Asia. We are a premium provider of Asia-related advice to sophisticated clients globally, with over 25 years’ experience advising on cross-border M&A, capital raising, and financial restructuring. We provide global reach with our teams in New York and London, and true regional depth through our seven Asian offices in Mumbai, Singapore, Ho Chi Minh City, Hong Kong, Shanghai, Seoul, and Tokyo. BDA has deep expertise in the Chemicals, Consumer & Retail, Health, Industrials, Services and Technology sectors. We work relentlessly to earn our clients’ trust by delivering insightful advice and outstanding outcomes.
BDA Partners has strategic partnerships with William Blair, a premier global investment banking business, and with DBJ (Development Bank of Japan), a Japanese Government-owned bank with US$150bn of assets. bdapartners.com
May 31, 2023 | Business
Combining a uniquely British ethos with vibrant prints, elegant shapes and beautiful fabrics LK Bennett curate wearable pieces designed and made to be loved forever. Working with Positive Luxury to embed measurable, sustainability practices across its business operations, LK Bennett has been awarded the Butterfly Mark certification.
In order to achieve the Butterfly Mark, companies must achieve a minimum of 50% in each area of assessment: Environment, Social, and Governance (ESG). LK Bennett achieved 51% in Environment, 56% in Social and 51% in Governance, and excelling in the following areas:
Climate: Since working with Positive Luxury, LK Bennett has conducted its first carbon assessment across scope 1,2 and 3 emissions and has started working to reduce its emissions across operations in line with their Net Zero plan. Assessing the volume of inbound goods using air freight, LK Bennett has revised its buying critical path ensuring goods are transported using sea freight working to reduce air freight by 92% in FY24. Deliveries are continually measured and reviewed resulting in deliveries to uK store being reduced to once per week and European concession partners receiving deliveries monthly in Spain and Portugal and twice monthly in Holland, France and Ireland.
Circular Economy: Incorporating circular principles through initiatives such as Rent, Wear, Return and its partnership with Thrift+ enables customers to give unwanted pieces a second life. Customers selling items via Thrift+ can donate credits to a charity of their choice or spend them on the Thrift+ store. Introducing LK Borrowed, a monthly subscription rental service, expands the lifespan of its garments as well as making items more accessible to its customers.
Sustainable Sourcing: At the core of the design team, materials with recognized and certified standards such as Organic Cotton, Responsible Wool Standard, Responsible Mohair Standard, Global Recycled Standard and Recycled Down Standard, are sourced. Working closely with suppliers ensure continuous improvement in supply chain transparency across environmental, labour and welfare practices. Labelling is produced through responsible production processes using post-consumer polyester produced from 100% recycled plastic bottles (rPET) and certified by The Global Recycling Scheme (GRS). During 2023, LK Bennett are focused on new business procurement initiatives and targets to reduce packaging and consumables, energy, ecomm, transit hangers and polybag transit shrouding footprint.
SDG’s: Following a companywide employee survey, LK Bennett has aligned to four Sustainable Development Goals (SDGs); promoting gender equality, good health, clean water and responsible consumption. With staff wellbeing at the core, LK Bennett introduced an Employee Assistance programme offering confidential support, parent coaching, financial and legal information – aligned to SDG 3 “Good Health and Wellbeing.” Reflecting employee interests and aligned with the brand’s core values of equality and empowering women and girls- LK Bennett supports local communities, charity fundraising and volunteering. Each employee receives one paid volunteering day per year.
Positive Luxury’s four-part methodology is uniquely tailored for the luxury industry, and the only certification that focuses on innovation and future sustainability risks. The Butterfly Mark is an independent certification that verifies for consumers and other stakeholders that a luxury business is operating in line with the highest standards of sustainability across the entire value chain.
“Founded in 1990’s with the vision of designing vibrant and elegant pieces made to be loved forever, LK Bennett has been on a sustainability journey since inception. Today, the iconic British fashion brand, has earned the Butterfly Mark certification for scaling up their sustainability investment and commitment. They’ve launched their Rent, Wear and Return initiative, as part of their circular ambition, and conducted their first carbon assessment across scope 1 2 and 3. LK have increased their use of more sustainable materials from 10% in SS22 to 28% on their SS23 collection with the ambition of doubling that by AW23. The company is also working at pace to reduce packaging transit hangers, and polybag transit shrouding.” -Diana Verde Nieto, Co-Founder of Positive Luxury
“At LK Bennett we recognise that we have a responsibility to our employees, customers, and suppliers to minimise our impact on the planet, and are delighted to have been awarded The Butterfly Mark certification by Positive Luxury.
This is one more step on our journey, and we are grateful to work alongside Positive Luxury, knowing they are holding us to the highest standards of sustainability across every area of the business.” -Darren Topp, CEO of LK Bennett
Other luxury fashion brands that have been awarded the Butterfly Mark include Monica Vinader, MCM, Anya Hindmarch, Cecilie Bahnsen, Cult Mia, Piper & Skye and more. By continuing as part of the Positive Luxury brand community, LK Bennett commits to exceeding standards set for social and environmental frameworks.
Learn more about LK Bennett at: https://www.positiveluxury.com/our-members/lk-bennett/
Contact