Recognizing the technological milestones achieved by Shufti Pro in the field of RegTech, the global identity verification service provider has been nominated in the upcoming RegTech Insight Awards Europe – 2022. Acknowledging the efforts of Shufti Pro in utilizing AI to solve modern-day financial and regulatory challenges, the company is selected in the category of “Best Solution for Managing Financial Crime.” Nomination in this category is a nod to the top-of-the-line IDV services offered by Shufti Pro that has enabled businesses across various industries to reliably onboard authentic clientele.
Regtech awards are organized by A-Team Insights to honor the industry leaders and upcoming players of the financial, regulatory, and technological fields that positively impact the global financial sector by providing RegTech solutions. Shufti Pro, an AI-powered KYC/AML service provider, has been catering to the IDV needs of 500+ customers worldwide since its inception in 2017.
You can show your support for Shufti Pro by voting in Category 23 (Best Solution for Managing Financial Crime) at the provided link. You can cast your vote in favor of Shufti Pro until Friday 18th March 2022 at 5 pm UK, while the winners will be announced on Wednesday 18th May 2022.
Expressing his thoughts at being nominated CEO of Shufti Pro Victor Fredung said, “We are glad to be shortlisted for the RegTech Insight Awards 2022. In a world where online scams are skyrocketing and regulators are penalizing businesses for their lackluster defense against these scammers, providing automated and configurable RegTech solutions is a top priority of Shufti Pro. This nomination has motivated team Shufti Pro to strive even harder towards delivering seamless IDVV solutions to our global customers.”
Shufti Pro was recently named on the list of the World’s 100 Most Innovative CyberTech Companies for Financial Services and also won two awards at the Global Banking and Finance Awards 2021. Last year, Shufti Pro won Global Excellence Award for outstanding KYC/AML products. The company has also bagged the Best in Biz award for providing top-quality consumer services.
About Shufti Pro Globally renowned for its AI-powered identity verification solutions, Shufti Pro provides services to 230+ countries and territories. With the highest accuracy rate, its KYC and AML software supports 3000+ identity documents in 150+ languages to verify identities in just a few seconds. By staying compliant with the GDPR and global AML/KYC regulations, Shufti Pro eradicates threats of digital fraud in real-time.
Shufti Pro Damien Martin +4401225290329 shuftipro.com
Shufti Pro, the global KYC/AML service provider that recently bagged two major wins at the Global Banking and Finance Awards, is attending Money20/20 USA in Las Vegas between 24 and 27 October 2021.
Following a long spell of restrictions on public gatherings due to the COVID-19 pandemic, Shufti Pro is once again all set to attend events in the field of finance and banking around the globe. Representing Shufti Pro at the biggest FinTech and payments event will be Alan Schwartz, who is the country manager for North America at Shufti Pro.
With over 7,500 registered attendees, Money20/20 USA will be taking place live in Las Vegas this year. With an aim to shape the future of FinTech, the event will be attended by numerous professionals from industry sectors including but not limited to retail, finance, e-commerce, and banking. Founded by veterans from TSYS, Google, and Citi, Money20/20 USA provides a great opportunity for Fintech business experts to make meaningful contributions in the industry by generating innovative ideas and products.
At present, Shufti Pro (www.shuftipro.com) is leveraging AI-powered technology to cater to the IDV needs of industries such as finance and banking, crypto, blockchain, education and more. The company provides KYC and AML screening solutions to safeguard financial institutions against threats of ID thefts, account takeovers, and other financial or ID frauds.
Commenting on the significance of technology in the financial industry, CEO of Shufti Pro, Victor Fredung said, “With the verification protocols for KYC and AML becoming stringent with time, compliance with these regulations is imperative for financial institutions’ survival. Events like this are a way to bring industry experts together to create innovative solutions for FinTech.” He further added, “We are glad to be participating in Money20/20, which delivers a chance for FinTech experts to sit and discuss what could be the steps for technological innovations for the businesses worldwide especially when it comes to regulatory compliance, online scams and identity-based frauds.”
Earlier this year, Shufti Pro attended Money20/20 Europe in Amsterdam, where the team and CEO of Shufti Pro exhibited digital KYC/AML solutions for global businesses. The company also marked its attendance at the IFX Expo in Cyprus this year and participated in the Sopra Banking Summit for highlighting the future of identity verification in FinTech. Acclaimed for its services in the finance industry, Shufti Pro recently won Global Banking and Finance Awards 2021 under the categories of “business technology” and “banking and finance technology.”
About Shufti Pro Globally renowned for its AI-backed identity verification solutions, Shufti Pro provides services to 230+ countries and territories. With the highest accuracy rate, its KYC and AML software supports 3000+ identity documents in 150+ languages to verify identities in less than a second. By staying compliant with the GDPR and global AML/KYC regulations, Shufti Pro eradicates threats of digital fraud in real-time.
Shufti Pro Damien Martin +4401225290329 shuftipro.com
Sopra Banking Software (SBS), a global leader in financial technologies, has announced its first Banking Summit to take place from October 18 to 22, 2021.
The week-long global Summit is set to host 1,500 financial institutions and 100+ FinTech companies from 80 countries. Shufti Pro (https://shuftipro.com/), a global AI-powered ID verification provider, will also be attending the Summit along with other prominent names to engage in dialogue with other industry leaders.
The Sopra Banking Summit will feature more than 45 sessions, divided into 5 categories, namely digital banking, payments, automotive lending, digital lending, and a broader stream that covers relevant market topics such as Cloud, financial inclusion, and cybersecurity. Attendees will have the chance to share their insights, question, and learn about the banking industry’s most critical issues.
The virtual sessions will be held in various formats, including general discussions, roundtables, demos and workshops, where 25+ key industry leaders will be sharing their strategic vision on the future of the FinTech sector. Sopra Banking clients will also have the opportunity to avail one-on-one meetings with both the C-Level and innovation teams and premium access to product roadmap presentations.
“We believe that the future of finance is collaborative. And we’re excited to bring together a diverse group of experts to share insights and plans for the future,” states SBS.
The company also hopes to conduct physical events such as in-person workshops and private dinners across the globe, provided the current health emergency is normalised.
About Sopra Banking Software
Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide. The rich variety of our solutions, the strength of our conviction and our passion for innovation enable us to support our clients on a daily basis and in their future projects, as well as in their goals regarding financial inclusion. Our customers, based in over 80 countries around the world, benefit every day from our technologies and software, as well as the expertise of our 5,000 employees. Sopra Banking Software is a subsidiary of the Sopra Steria Group, a European leader in consulting, digital services and software development. With more than 46,000 employees, the Sopra Steria Group generated a turnover of €4.3 billion in 2020.
About Shufti Pro
Shufti Pro is a global identity verification services provider. It offers digital KYC, KYB, AML and face verification services globally. By leveraging human and artificial intelligence in its technology, it provides highly effective and accurate services. Shufti Pro verifies identities within seconds, with 98.67% accuracy. It has verified users in 230+ countries and territories.
For more information, contact: Damien Martin Marketing Executive Company Name: Shufti Pro Contact Number: +44 01225290329
Shufti Pro Damien Martin +4401225290329 shuftipro.com
Shufti Pro to enlighten the businesses as well as individuals with an in-depth analysis of diverse aspects of NFC-based identity verification in its coming webinar on 10th June 2021. Interested attendees can register for the Webinar and learn from global experts in the payments, fintech and finance industry.
Save the date and join them by registering here: https://shuftipro.com/webinar
Shufti Pro notes that with the rapid digital transformation of the world, it’s not long before the new regulatory measures require the digitisation of ID documents as well. It is expected that the number of chip-based national IDs in the world will increase up to 3.6 billion in 2021.
Already many states are opting for chip-based national ID documents to reduce identity fraud and enhance security measures. Chip-based ID documents encrypt the personally identifiable information of the person to avoid data manipulation. NFC technology is the most feasible technology to verify chip-based IDs due to its rapid adoption by consumers and high accuracy.
Over 80% of smartphones are now NFC enabled which is causing a surge in demand for NFC enabled flows.
With the rising usage of NFC technology in day-to-day activities, it’s not long before the identity verification industry also opts for it. It’s high time for businesses to adopt this next-generation IDV solution to secure their platforms and provide their customers with a user-friendly experience.
Shufti Pro recently launched a new product, NFC Verification, for fast and accurate verification of chip-based e-ID, e-passport, or e-driving licence. Shufti Pro says that NFC Verification will tremendously enhance the customer and end-user experience by accurately capturing data from encrypted chip-based ID cards.
For those interested, Shufti Pro will provide an in-depth analysis of NFC based identity verification with industry experts during a webinar on 10th June 2021.
Primary points of discussion would be:
1. Evolution of digital identity verification
2. Process of NFC verification
3. Pros and Cons of NFC verification
4. Impact of NFC based IDV on user experience
5. Fraud prevention with NFC based IDV
6. Industrial adoption and future prospects
7. Analysis of NFC verification market
8. NFC in payments
The webinar will be hosted by Shufti Pro’s head of sales, Kristina Zakharchenko, who has more than ten years of experience in business development and sales. She is a Customer profiling, product development and customer onboarding expert
Shufti Pro provides its audience with a chance to take part in this innovative discussion with many industry experts including speakers such as Jijo Thomas and Alan Morley. Jijo Thomas is a technical expert in Smartcard & Security at the Ministry of Interior of Qatar and also a founder of smartcardsecurity.org. Alan Morely is a Leader in business and technical consulting in financial regulations and Compliance operations in the US, UK and APAC and is a Co-founder and organiser of the Compliance Roundtable series.
About Shufti Pro
Shufti Pro is an identity verification service provider. It offers digital KYC, KYB, and AML services globally. It uses both human intelligence and artificial intelligence in its technology to provide highly effective and accurate service. Shufti Pro provides an accuracy rate of 98.67%. It has verified users in 232 countries and territories. Shufti Pro has been the first of its kind to provide identity verification services that cover a large number of countries.
For more information contact:
Damien Martin Marketing Executive Company Name: Shufti Pro Contact Number: +44 01225290329 Email: Marketing@shuftipro.com Website https://shuftipro.com/ Twitter: https://twitter.com/Shufti_Pro LinkedIn: https://linkedin.com/company/shufti-pro Facebook: www.facebook.com/TheShuftiPro/