Tag: Shufti

 Shufti Pro, a leading IDV service provider is unveiling enhanced KYC measures for ensuring minors’ safety from accessing age-restricted content. The newer platform incorporates live biometric and document verification, making sure that only age-appropriate individuals can onboard and access the content whilst enabling businesses to avoid non-compliance fines. Access to age-restricted content for minors leaves a negative impact on the minors, affecting both their physical and mental health conditions. However, according to a report by AAS, statistics reveal that 20% of adult products, including alcohol, cigars, and even drugs, are being ordered by underage minors through e-commerce platforms. Moreover, according ... Read more

 Shufti Pro, one of the leading ID verification service providers is pleased to announce its successful participation in the Reflect Festival, which took place in Cyprus on September 20-21, 2023. The event is known as the #1 tech & business festival in South Europe and the Middle East, brings together investors, entrepreneurs and decision-makers. Every year, attendees gather together at the festival to share innovative ideas, build relationships and spread their brand’s awareness to a wider audience. This year, Shufti Pro was an exclusive partner in Reflect Fest’s Cybersecurity stage. Shufti Pro experts shed light on modern cyber threats for ... Read more

 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. ... Read more

 Pioneer of first-ever on-premises identity verification solutions, Shufti Pro, has announced the launch of its risk assessment and eIDV services to help global businesses fight identity fraud and financial crimes and meet the ever-evolving KYC/AML regulatory landscape. Risk assessment procedures are purposely built tools to help businesses identify risks associated with their globally diverse client base. On the other hand, online ID checks are required of businesses liable for compliance under the KYC & AML regimes, as countries have started to introduce national electronic verification systems eliminating the need for data entry. Risk Assessment Solution: Shufti Pro’s custom-built risk-scoring solution ... Read more

 Shufti Pro, the leading provider of AI-powered end-to-end identity verification, eKYC, KYT, and AML solutions, has been nominated at the Ultimate Fintech Awards MEA 2023 under the categories of “Best Fintech AI Solution,” “Best Regtech Reporting Solution” and “Best Client Onboarding Solution.” Honouring excellence across the Middle East and Africa, Ultimate fintech’s main focus lies in driving ROI by connecting the brands to the right audience through a customised range of services in marketing, events and PR. While Shufti Pro, an AI-powered KYC/AML service provider, has been catering to the IDV needs of 100s of customers worldwide since its inception ... Read more