shuftipro remote working

Shufti Pro Makes the Remote Working Option Permanent

London UK-  Shufti Pro, an AI-powered identity verification service provider is opening up the option for working-from-home permanently. 

Shufti Pro is one of the leading companies to assist various global business organizations with their KYC and AML regulatory needs. In three years’ time, the company has grown around the world, operating from London, Sweden, Dubai, and Cyprus. Now the employees from all four offices will have the remote working option if they prefer to work from the safety of their homes. 

Shufti Pro moved to remote working amidst the COVID-19 pandemic for the safety of their employees. However, after analyzing the higher productivity level of its employees, the company has opened up the option for remote working permanently.

The company conducted a survey amongst the employees after shifting to remote working and it was discovered that the majority of the employees were in favor of the work-from-home option. 

Earlier this year, CEO of Shufti Pro Victor Fredung expressed his views about a remote working option to Forbes, “the company will therefore stagger teams returning to the office and incorporate work from home policies into normal routines so the company is well prepared for future emergencies.”

The company said that some employees might be required to visit the office locations based on their work requirements. However, they too will have the option to work-from-home on a part-time basis depending on the tasks. Other employees will be allowed to work from home permanently and only visit the office on a special requirement basis. 

Even during the pandemic, if some employees have to visit the office for important work-related tasks, they will be catered to regarding the COVID-19 SOPs and social distancing protocols. The company is always devoted to working towards the safety of its employees and work-from-home not only improves the productivity of the employees but also helps them with their mental health. 

CTO of Shufti Pro Shahid Hanif speaks about this, “Working from home and surrounded by their families gives the employees a more sense of certainty especially in these uncertain times. They feel more secure when they are able to take care of their families and spend time with them.”

Contact sales to onboard now, sales@shuftipro.com

Sp-and-Morpheus-Labs-PR-image-01.jpg

Shufti Pro Partners with Morpheus Labs to Expand Identity Verification in Blockchain Market

London UK- Shufti Pro, a marketing leader in identity verification services has partnered with Morpheus Labs to amplify their identity verification and AML solutions in the blockchain market. 

Morpheus Labs has recently launched its platform v2.0 (Morpheus Labs SEED) in June with enhanced features and applications for both developers and enterprise clients, providing an end-to-end development environment to build and deploy blockchain-based solutions. The one-stop, low code development platform extended  Shufti Pro’s AI-powered identity verification solution to their platform users while developing dAPP solutions and Shufti Pro’s solution could be a part of their offerings. Shufti Pro offers their clients an opportunity to fight fraud in this partnership, especially where eKYC and AML services are essentially needed in the blockchain space. 

Talking about their experience of using Shufti Pro’s services, CIO of Morpheus Labs, Dorel D. Burcea said; “Shufti Pro has helped Morpheus Labs and our platform users to save a lot of time and resources in the identity verification process that we’d have required to conduct frequently in the blockchain space. It is comprehensive, fast, and easy to use.”

Both the companies are known for their innovative and highly efficient services and this partnership will enhance the market outreach of both entities.

“Morpheus Labs SEED comes with the bundled benefits of integrated services to facilitate rapid development, build and run solutions on blockchain. The Shufti Pro’s real-time Identity Verification and AML screening is an extended service on the ML SEED platform and through this partnership, now we are able to expand its ID verification capabilities to the blockchain market. We see a possibility to onboard thousands of users rapidly in bounty campaigns and now are going to be used for community-related initiatives.” – Dorel D. Burcea, CIO of Morpheus Labs.

Shufti Pro is known for creating value for its customers and offering partnerships to clients and tech businesses will enhance the growth of the identity verification industry and the company itself.

Talking about this partnership, CEO of Shufti Pro, Victor Fredung said: “Team Shufti Pro is honored to join hands with Morpheus Labs and expand our eKYC and ID verification solution to the blockchain space. KYC verification and AML screening solutions are a necessity that every industry needs to comply with. Through our partnership, we offer everyone an opportunity to spread awareness about the significance of identity verification and the regulatory needs that come with it. This partnership can mutually benefit both companies.”  

About Morpheus Labs

Morpheus Labs​ provides businesses with an end-to-end Blockchain-Platform-As-A-Service (BPaaS) solution for innovation and value creation. They simplify blockchain application development by offering mission-critical tools, infrastructure, various blockchain protocols, experiment, and manage their own applications effortlessly at minimal cost and time. With a cross-functional team that has a combined 70 years’ experience in artificial intelligence, blockchain, mobile applications, cybersecurity, and IoT across Europe and Asia. 

For more information, visit https://morpheuslabs.io.

About Shufti Pro 

Shufti Pro is a global identity verification service provider that offers KYC and AML services. It uses both human intelligence and artificial intelligence in its technology to provide state of the art KYC and AML services. Shufti Pro provides an accuracy rate of 98.67%. It has verified users in 232 countries and territories. Shufti Pro is one of its kind identity verification companies that provides multi-layered risk cover at affordable prices.

PR_-_Baaz_Inc

Shufti Pro’s Identity Verification to be Used by Baaz. Inc. for Secure Customer Onboarding

London, (October 2020), Baaz Inc. – a social media platform specially designed to bring the Arab community together- has partnered with Shufti Pro for robust identity verification of its users and to keep all the users safe from cybercrimes. The enterprise will benefit from Shufti Pro’s KYC – identity verification solution.

Baaz Inc. is a social media platform created by Arabs for the Arab world with a global appeal. It aspires to create a safe and real-time environment for users. It also aims to reflect the Arabic culture through its fun and energetic platform. With powerful analytics, advanced language processing technology, and trend analysis, Baaz Inc., is dedicated to providing relevant and credible Arabic content to all users across the globe.

Shufti Pro uses a hybrid technology of human and artificial intelligence to assist businesses in verifying all the users during the onboarding process. There are more than 900 AI algorithms that Shufti Pro deploys for effective results. It delivers all that a diverse platform such as Baaz would require. It can verify anyone from all over the world within seconds using advanced AI and human intelligence, which complements the technically advanced and appealing social media platform – Baaz.

The web is floating with millions of users’ data, and there’s an obvious need to tighten up the security on social media to combat hackers and protect users’ security. Placing safety at the heart of its practices, Baaz partnered with Shufti Pro to provide a fast, easy, accurate, and robust identity verification process to its users.

Baaz Inc. will provide its users with the easiest and fastest verification process requiring only basic sign up information including name, ID, date of birth, and country.

Hamda Khochtali, CEO of Baaz Inc. confident about this partnership, said:

“It’s no secret that social media platforms have been an integral part of our daily lives. Unfortunately, most of these platforms come with fake accounts that bring inaccurate and false information. At Baaz, we believe it’s our responsibility to create a fun yet safe and healthy environment for our Arab world. Baaz will be the very first social media platform that provides users with an identity verification process. Thanks to our partnership with Shufti Pro, we’ll be able to offer users an ideal identity verification system, Arabic text extraction, and technology that guarantees privacy through GDPR and CCPA compliance.”

Victor Fredung, CEO of Shufti Pro, excited to partner with Baaz Inc., said:

“Shufti Pro is proud to partner with Baaz Inc. and aim to maintain this relationship in the long-run. Baaz is dedicated to providing a social platform to the Arab and we will secure their platform from imposters, account takeover fraud, and identity theft with our state of the art identity verification services. It has always been a remarkable experience to partner with diverse businesses like Baaz and depicts our adaptability for different sectors.”

About Baaz Inc.

Baaz Inc. is a social media platform specially created in the Arab world for the Arab world with a global appeal. It provides culturally relevant content and creates a safe and real environment for its users, reflecting the Arabic culture through its fun and energetic platform. It provides users with a safe space for sharing authentic information through its easy verification process that is secure, and in compliance with GDPR and CCPA.

About Shufti Pro

Shufti Pro is an identity verification service providing KYC and AML verification to its clients worldwide. It deploys 900 AI algorithms for all its services and a synergetic relationship between human intelligence and artificial intelligence, Shufti Pro eliminates the chances of errors and provides results within 30 – 60 seconds with 98.67 per cent accuracy. Do you require verification services for your customer base too?

Contact sales@shuftipro.com to get on board!

PR-Azure

Shufti Pro Partners with Azure Marketplace for Safer Business Operations

London, UK- Online identity verification service provider Shufti Pro partners with Microsoft Azure Marketplace. 

Shufti Pro, one of the youngest in the market is not coming slow. Over a period of 3 years, Shufti Pro has shown tremendous growth in the identity verification industry and has shown its competitors a real challenge. Many customers in various industries have reached out to Shufti Pro due to consistent growth. 

In order to cater to the needs of these customers, Shufti Pro has now joined hands with Azure Marketplace. Which means you can now easily avail and use the ultimate services that are offered by Shufti Pro. These swift services are now available on Azure Market Place as Shufti Pro. Azure is the biggest name for the online marketplace especially for products like software as a service. With the help of this reliable platform, Azure Marketplace, businesses and organizations can now easily engage with Shufti Pro. 

“We at Shufti Pro are committed to providing artificially intelligent solutions for identity verification. By joining hands with Azure Marketplace, Shufti Pro can now help various organizations to be more secure and fraud-free. Azure Marketplace can be a huge advantage to us and our customers”- Victor Fredung CEO Shufti Pro

In this grave time of the Covid-19 pandemic, Shufti Pro played its role in helping the world by making it impossible for fraudsters and identity theft to take advantage of the growth in online businesses. Keeping the economic fragility in view, Shufti Pro provided 10 million free verifications. 

In this little time, Shufti Pro has managed to gain the trust of the customers and the regulatory bodies. Shufti Pro won the Global Business Excellence award in 2020 on the basis of excellent customer dealings. Shufti Pro also won Meftech competition in 2020 for their demo of Video KYC.  These are just some minor examples of how Shufti Pro is fulfilling its promises with an exceptional customer experience and extraordinary services. 

About Shufti Pro  

Shufti Pro is equipped with state-of-the-art verification tech, a fully customizable operation system, expert human verification, enables Shufti Pro to bridge the security gap your company faces. Shufti Pro’s services are available globally in more than 230 countries. It can scan over 3000 documents and can verify identity documents in 150 languages within 15-60 seconds only. Shufti Pro provides high accuracy of 98.67% so that the businesses are protected from scams and frauds. It is compliant with GDPR and the Payment Card Industry Data Security Standard (PCI DSS). Shufti Pro is cost-effective and reliable, it provides services for as low as $0.20, and the “Pay as you go”  plan allows the customer to design a plan convenient to their needs. 

Connect with Shufti Pro on Azure Marketplace by clicking on this link:
https://azuremarketplace.microsoft.com/en-us/marketplace/apps/shuftiprolimited1602758381994.shuftipro_kyc_service?tab=Overview

PR-image-06-11

Shufti Pro Enhances its intelligent OCR Services for Seamless Data Entry Operations

London UK- Shufti Pro, an identity verification service provider uses its advanced artificial intelligence to enhance it’s intelligent OCR services. 

Originally, Optical Character Recognition is a data extraction technology that is designed to extract black text on a white background in a specific language. It is used to assist businesses in their data entry operations. However, the initial OCR engines are not as accurate and require human interference. Enterprises are expanding in the midst of the digital revolution and the demand for a more accurate data entry solution has become an utmost priority. 

Shufti Pro has introduced its enhanced OCR technology combined with artificial intelligence that operates with machine learning and natural language processing (NPL). Shufti Pro’s OCR engine, unlike the usual one, not only detects but also recognizes the text in multiple languages. Shufti Pro’s OCR engine can extract text in 150+ languages. Computer vision combined with a language processing algorithm provides a far more accurate result of data extraction that corrects the errors without any manual supervision. With the help of pre-processing and post-processing techniques, Shufti Pro’s OCR engine can deeply comprehend the text and verify its accuracy. Artificially intelligent OCR can understand the type of the document, its format, context, and all the other details of a document and the data within it. 

Shufti Pro has always been committed to securing the marketplace with its services. Their research and development team has always strived to cater to the need of businesses with their enhanced digital solutions. With their identity verification services, many industries including financial institutions and e-commerce platforms have become safer than ever. Now with Shufti Pro’s enhanced OCR technology, businesses no longer have to spend hours and millions on a long and tedious task of data entry. They can now progress seamlessly by taking advantage of Shufti Pro’s enhanced global OCR services that provide an unmatched accuracy rate of 90+ percent. 

“We at Shufti Pro are always aiming to provide enhanced services. Our team of experts works tirelessly to provide a service that can benefit your business and meet all your requirements. By enhancing our intelligent OCR service, we are prepared to serve all your businesses’ needs. Businesses can eliminate their manual data entry procedure and have a truly seamless and effective experience with Shufti Pro’s artificially intelligent OCR service.” Victor Fredung CEO of Shufti Pro

About Shufti Pro

Shufti Pro is an identity verification service provider. It offers KYC 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. 

Best in biz

Another feather in the cap! Shufti Pro wins Biz award 2020 for the best consumer service of the year

October 2020, London, Shufti Pro is announced the winner under the product category of best consumer service of the year in ‘Best in Biz Awards 2020 International’. The winners of the Best in Biz Awards were declared in the press release published on September 30, 2020. 

Best in Biz Award is an independent Award program for global business that is adjudicated by internationally renowned editors and reporters from top-tier publications across the globe. Last week, it announced the results of its 8th annual international competition for different categories including company, department, executive, product and CSR/media categories. 

Shufti Pro won Silver at the Best in Biz Award 2020 International for the best consumer service of the year. This award is rewarded on the basis of amazing customer service that Shufti Pro is offering to its clients and efficiently fulfilling their needs.

Shufti Pro Ltd. is a global identity verification solutions provider offering AI-powered KYC-, KYB-, face verification, AML screening and touchless airport security clearance kiosk. Moreover, to automate documentation process, it has recently launched a new OCR service for businesses. With its state-of-the-art services, Shufti Pro aims to create a secure online marketplace devoid of any identity fraud and fraudulent activities.

Shufti Pro is known for its quick and convenient services that are customised as per the needs of customers. Having always focused on customer satisfaction, its services are always under continuous scrutiny to make advancements.

Global business excellence

Shufti Pro Ltd. wins the Global Business Excellence Award for Outstanding product

October 2020, London, Shufti Pro is announced the winner of the Global Business Excellence Award 2020 under Outstanding Product/ Service category. Last month, Shufti pro was nominated by Global business excellence for the category of outstanding product/service award 2020. 

Shufti Pro is an emerging name in the identity verification market, providing its state of the art remote and on-premises verification solutions globally. The category in which Shufti Pro is given an award incorporates all the enterprises with novel products/services that haven’t been launched long ago and are operating in the B2B or B2C market. 

Global business excellence nominated Shufti Pro because of its distinguished place in the marketplace. Recognising its efforts in offering consumer-centric services, the independent expert judges’ panel declared Shufti Pro the winner according to the strict criteria emphasising on various factors – innovation, financial results, employees, customer, investor and community benefits.

Commenting on Shufti Pro Limited, the winner in the Outstanding Product/Service category, the chairman of the judges said: 

“Shufti Pro is helping to eliminate fraud across multiple industries globally with its superfast versatile identity verification (IDV) solution. After being underwhelmed by the slow speed of the existing IDV process, the company launched in London in 2017 with its own high-tech proposition to revolutionise the IDV process.  Using machine learning and artificial intelligence, the founders now provide verification results within an amazing 30 to 60 seconds. Congratulations to Shufti Pro for shaking up the IDV process and helping its clients improve their customer service.”

This award is yet another achievement for Shufti Pro after winning Best in Biz Award 2020 for best consumer service of the year. It offers a seamless experience to its users and the support team is always available to address customer queries and issues. CEO of Shufti Pro, Victor Fredung, showed his gratitude on winning this award. In his statement he said,

“We are delighted to receive this award for our outstanding IDV services. It is just the start of our success. We have a long way ahead. Shufti Pro was developed with a vision to streamline the identity verification process within seconds and help the businesses improve their customer service. And this award is proof we are moving in the right direction.”

core chain banner

Shufti Pro’s biometric authentication solution to be used for digital board meetings facilitated by Core chain

June 2020 — London – Shufti Pro onboards core-chain, a single point of contact for blockchain-enabled solutions, decentralized applications, and digitization. Shufti Pro will help them instantly verify their customers and to practice due diligence through their platform.

 The last few months have brought about a dramatic change to the digitized world! The world becomes more decentralized, particularly in light of COVID-19, core-chain provides the best solutions for digital transformation. But fraud is also rising and prompt action is necessary to achieve predicted excellence and growth of this industry. Core-chain put core business functions on the blockchain – board meeting decisions, digitized securities registers, audit-proof storage of receipts including digital signatures, task management and automated fee settlements of employees and freelance workers – to streamline digital transformation.  Practicing strict customer due diligence is a part of their strategy.

The company wanted to enhance its KYC practices without affecting customer experience or spending a fortune just on customer screening. They wanted a solution that could help them fight fraud, in an efficient manner, and high accuracy without sacrificing the customer experience and disturbing their budget. Shufti Pro proved to be an all in one solution for them. It offers one of the fastest and highly accurate services and that too at competitive prices. It has helped many small and medium businesses as well to practice security while remaining in their budget. Two pricing plans – pay as you go, and monthly commitment – are designed to provide price flexibility to the customers.

Core-chain enables executives and board members to host safe and secure meetings with Digital Voting (DIVO) by using state of the art identity verification and biometric authentication services of Shufti Pro. 

  • Auditable votings and digital shareholder registry
  • Facial recognition and biometric identification of shareholders
  • Dashboard with complete document overview and online minutes of the meeting

Social distancing and the low-touch economy caused by the coronavirus presents immense challenges for corporate executives and board members. The law requires general annual meetings to be held no later than six months after the end of the financial year. Dividends cannot be paid without a valid GA resolution. In times of COVID-19, this was a real challenge. Now with DIVO, there is the first comprehensive solution for secure digital voting.

 “Video conferencing tools commonly used in business today are not secure enough to meet the strict requirements for identification and participation,” explains Bora CEO of core-chain. “DIVO ensures there is no unauthorized participation. Now executives and shareholders can vote and participate online in the general assembly and board meetings.”

 DIVO uses Biometric Face Recognition and Distributed Ledger Technology to create a secure identity and voting verification. Executives can participate in meetings, record votes, and announce resolutions in real-time. Records of each meeting are encrypted and verified on the blockchain, which addresses potential security issues for audits.

 Expressing the confidence towards this partnership, Bora Obucina, CEO of core-chain said,

“In order to be able to make decisions such as votes and elections in business and politics on a decentralized basis while maintaining compliance, participants must be verified and identified. DIVO is the first platform worldwide that enables digital voting in compliance with the law. Thanks to Shufti Pro’s innovative service, we can match and verify identity documents and human faces within seconds. Shufti Pro is one of our core service providers, which we will use in further developments of DIVO as well as in the currently developing digital contractor administration system.”

 Shufti Pro is often praised for its swiftness and highly cooperative team. It makes things easier for its customers at every step to give them a unique experience. Hence it’s products are always under continuous scrutiny and support teams are available for customers whenever they need them. Talking about this partnership, CEO of Shufti Pro said,

Shufti Pro provides unparalleled customer experience and it’s our competitive edge. We are happy to provide the services that go beyond fraud prevention and can help core-chain in sustaining its seamless customer experience. We’re excited about this partnership and looking forward to maintaining it for a long time.”

 About Core Chain:

Core-chain is a Liechtenstein-based specialist in putting core business functions on the blockchain. The start-up focuses on applications for general assemblies, the board of directors, executive and team meetings, as well as digital security register and remote staff management. Since May 1st, the international operating audit company BDO is cooperation- and-distribution partner of core-chain and recommends DIVO to its large customer base. You can find further information on DIVO on their landing page www.digital-voting.com.

 About Shufti Pro

Shufti Pro is an identity verification SaaS that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro keeps accuracy results as high as 98.67%. Having verified users in over 232 countries and territories, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

 Contact sales@shuftipro.com to get on board.

 

 

transigio company

Import Financing Company Transigo Joins Hands with Shufti Pro to Verify its Clients

London, (May 2020), Transigo, an import financing company that provides a unique payment mechanism for U.S. importers, will now be using Shufti Pro to enhance its client onboarding process. Shufti Pro will empower Transigo by providing it with its document verification, biometric authentication, and two-factor authentication services.

Shufti Pro is an AI-based identity verification service that helps businesses screen the identity of their customers from any corner of the world. Its KYC screening solutions can verify the identity of a person within seconds, while its KYB screening solution can instantly provide detailed insights on businesses ranging from identification and filings to financial statements. 

These solutions help businesses practice effective fraud prevention and create a seamless user onboarding experience—businesses no longer need to bear the  KYC/AML compliance burden themselves. Now, with Shufti Pro at its side, Transigo will be able to manage its fraud risk by screening the identities of its importer clients.

Transigo provides a novel payment mechanism to U.S importers which source from China, allowing them favourable payment terms of up to 120 credit days. Its business model thus requires that before offering its clients such attractive payment terms, they are thoroughly screened to minimize fraud risks such as importer and identity fraud, which can lead to defaults. Strict fraud prevention protocols are necessary, especially with fraud continuing to be a prevalent risk in the trade and financial industries. 

To that end, Transigo was searching for a reliable and efficient KYC screening partner that could ensure accurate client information and—given its cross-border nature—assist with regulatory compliance. It found the right partner in Shufti Pro.

Transigo chose Shufti Pro because of the speed, accuracy, and cost-effectiveness of its services. Transigo’s plan with Shufti Pro comprises facial and document verification as well as two-factor authentication. With these verifications in place, Transigo will now be able to protect itself by performing strict security screening on its clients without compromising on delivering a seamless onboarding experience.

Expressing his confidence towards this new partnership, Nir Tal, CEO of Transigo, said: 

“As a fast-paced import financing company that provides unparalleled credit terms to importers, we needed a seamless and foolproof KYC method to verify the identity of our clients. With Shufti Pro, we got all that plus excellent customer service—the cherry on top.” 

Shufti Pro is also excited to onboard more diverse clientele. Victor Fredung, CEO of Shufti Pro, said:

“We at Shufti Pro are very happy to onboard yet another great customer. We aim to maintain this partnership for the long term by always providing them with the highest quality of services. Working with diverse businesses such as Transigo is always a great experience and shows just how adaptable our solutions are to a variety of industries.”

About Transigo

Transigo is an innovative import financing company that has developed a unique payment mechanism that allows U.S. businesses importing from China and Hong Kong to import now and pay later. Clients make one easy lump sum repayment after as long as 120 credit days, with zero impact on their credit score. 

About Shufti Pro

Shufti Pro is an identity verification service provider that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services and covers a large number of countries.

Contact sales@shuftipro.com to get on board!

 

 

 

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Import Financing Company Transigo Joins Hands with Shufti Pro to Verify its Clients

cryptogames onboard

Shufti Pro onboards Crypto Games to provide them KYC services for secure crypto payments

Monday, May 4, 2020 — London – Shufti Pro onboards Crytpo Games, a revolutionary entertainment venture. Shufti Pro will help them instantly verify their customers and to practice due diligence in several crypto transactions made through their platform. 

The last few decades have brought about a dramatic change to the entertainment sector, particularly the online gambling industry, which is now bigger than ever! The rise of cryptocurrencies, which uses blockchain technology, contributed immensely to this expansion of the online gambling industry, with the experts predicting it to expand even more. But fraud is also rising and prompt action is necessary to achieve predicted excellence and growth of this industry. 

CryptoGames, an online casino, which was formed by a group of cryptocurrency aficionados, saw the perfect opportunity to defy mediocrity and become one of the best gambling casinos that would outperform every existing online casino and hold up its name till the end. Unlike most other casinos, their main goal is to exceed the quality expectation of gamblers by providing them exceptional customer service and memorable experience on their platform. Practicing strict customer due diligence is a part of their strategy to rising like one of a kind gaming and gambling platform.

“Initially, we used to verify user identity manually. Over time, as our user base started to grow, this task has become quite tedious for us. The failure to verify users instantaneously not only has caused backlogging but also denied users to play instantly on our casino.” Said the CEO of Crypto Games.

The company wanted to enhance its KYC practices without affecting customer experience or spending a fortune just on customer screening. They wanted a solution that could help them fight fraud, in an efficient manner, and high accuracy without sacrificing the customer experience and disturbing their budget. Shufti Pro proved to be an all in one solution for them. it offers one of the fastest and highly accurate services and that too at competitive prices. It has helped many small and medium businesses as well to practice security while remaining in their budget. Two pricing plans – pay as you go, and monthly commitment – are designed to provide price flexibility to the customers.

Expressing the confidence towards this partnership, CEO of Crypto Games said,

“CryptoGames is an online casino that has to deal in with financial transactions involving cryptocurrencies on a regular basis. Since our casino is operated online and all the financial transactions are done automatically, it can become an advantageous point for the criminals to commit various financial crimes such as money laundering, terrorist financing, and other fraudulent activities. Thus, identity verification has become an essential element to operate our casino with a clean database of users. Without having KYC policies, there is no way for us to protect ourselves from the devastating effect on the liability of our company that could be done by those fraudulent users. 

As a result, we have decided to choose Shufti Pro due to its almost instant real-time Identity Verification with near-perfect accuracy. Their flexible payment option clearly shows that they do care about small companies and are here for a fair business instead of being a money hunger company. Their pay-as-you-go plan has kept down our cost to a minimum. We are quite impressed by how everything is handled automatically without the need for us to be involved every time. The after-sales support has so far never failed to please us. We look forward to continuing our partnership with Shufti Pro as they continue to help businesses and companies fight against fraud and illicit activities.”

Shufti Pro is often praised for its swiftness and highly cooperative team. It makes things easier for its customers at every step to give them a unique experience. Hence it’s products are always under continuous scrutiny and support teams are available for customers whenever they need them. Talking about this partnership, CEO of Shufti Pro said,

Shufti Pro provides unparalleled customer experience and it’s our competitive edge. We are happy to provide the services that go beyond fraud prevention and can help Crypto Games in sustaining its seamless customer experience. We’re excited about this partnership and look forward to maintaining it for a long time.”

About Crypto Games

CryptoGames, an online casino, which was formed by a group of cryptocurrency aficionados, saw the perfect opportunity to defy mediocrity and become one of the best gambling casinos that would outperform every existing online casino and hold up its name till the end. All their games are provably fair, which indicates that there are no chances of us cheating with their gamblers. They always try to remain fair with their users, giving them an opportunity in every aspect that would be beneficial to them.

About Shufti Pro

Shufti Pro is an identity verification SaaS that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro keeps accuracy results as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board.

coinipop cryptocurrency

Cryptocurrency exchange Coinipop joins hand with Shufti Pro to onboard customers

London (April 2020) – Shufti Pro onboarded Coinipop to verify their customers. Shufti Pro will provide AML and KYC screening services. 

Shufti Pro is an identity screening services provider. It provides KYC/AML and KYB screening services to a global clientele. Recently it onboarded Coinipop, which is a crypto to fiat exchange. Shufti Pro holds its pride in its global coverage. It has customers around the globe and has verified people in 230+ countries and territories. The global clientele is provided unparalleled speed, accuracy, price and customer support. With these great services, Shufti Pro has gained global acclaim among different industries.

Cryptocurrency has gained huge acclaim around the globe and the predicted future is also bright for this industry. The growth is not a trend but the beginning of a new era, where regulatory authorities are getting involved to control and prevent bad actors from causing friction in this growth. Common crimes facing identity screening services are money laundering, terrorist financing, fake identity fraud, account takeover fraud, and financial fraud. So, the identity screening of customers is inevitable to prevent these risks. 

Coinipop is also a cryptocurrency exchange, registered in Estonia and licensed to provide services of exchanging a virtual currency against a FIAT currency – Converting FIAT currency (USD/EUR/GBP) to Cryptocurrency (BTC/ETH).

For Coinipop, security and regulatory compliance is vital. It wanted to practice stringent security measures on its platform to practice proactive fraud prevention and to give a secure and seamless user experience to its customers. Shufti Pro proved to be a reliable partner with its next-generation KYC/AML solutions. The solutions use Artificial Intelligence (AI) to screen individuals. It delivers 98.67%  accurate results and can verify a person within 30 seconds, through real-time screening of its identity documents, and biometric authentication. 

Shufti Pro will provide KYC and AML screening services to Coinipop. Talking about this collaboration  Oana G A of Coinipop said;  “Coinipop AML and KYC procedures are very strict, Coinipop using ShuftiPro as the most advanced systems in order to confirm the authenticity of documents and information provided by Users.”

Victor Fredung CEO Shufti Pro also expressed his thoughts regarding this partnership and said; “We are excited to onboard Coinipop and aim to maintain this partnership for a longer period. For us customer experience is the primary goal, hence we will try our best to provide the best of our services and customer support. Day by day, our clientele is becoming diverse and expanding globally which is definitely exciting for us. With increased customer expectations we are always in a bid to make our services even better.”

About Coinipop

‘Coinipop’ is a cryptocurrency exchange, registered in Estonia and licensed to provide services of exchanging a virtual currency against a FIAT currency – Converting FIAT currency (USD/EUR/GBP) to Cryptocurrency (BTC/ETH). Customers can purchase Bitcoin and Ethereum through its website, using credit cards/wire transfer. 

About Shufti Pro 

Shufti Pro is an identity verification service provider that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board!

PR_image

Shufti Pro partners with Kabayan Remit to help them practice user-friendly KYC

London, (April 2020) Shufti Pro will now provide document verification services to UK-based remittance services provider Kabayan Remit. Shufti Pro’s friendly interface and fast verification services provide a frictionless experience to Kabayan Remit customers in UK, Canada, and Europe.

Online payments are on the rise and it’s due to the ease they provide to the users. A few clicks and the funds are transferred. But the risk of fraud is also high in these financial services. Credit card fraud, fake identities, account takeover fraud, and money laundering are major fraud risks in the online payment industry. Proactive fraud prevention is inevitable but without sacrificing customer experience. 
Kabayan Remit is an online remittance service provider that aims to provide a user-friendly, convenient and highly secure money transfer experience to their customers. Most of Kabayan Remit’s customers are Overseas Filipino Workers (OFWs), who seek security assurance when sending their hard-earned money to their families back in the Philippines. Always keeping in mind the needs of their customers, Kabayan Remit is continuing to develop its platform’s interface to provide the best possible customer experience. 

As a Money Service Business, Kabayan Remit is well aware of the risks in online transfers so they take KYC responsibilities seriously. They wanted a solution that would provide a strict screening process that would not affect their user experience, so they chose Shufti Pro as it was the most suitable company that understood their risks and requirements completely and had the ability to provide a risk cover they needed.

Shufti Pro not only provides online services but adds a seamless layer of security to the user experience of its customers. It’ll enable Kabayan Remit to verify its customers from the UK, Canada, and Europe within 15-60 seconds. The AML laws in the EU region are quite strict and Shufti Pro’s services perform in-depth identity screening with 98.67% accuracy which will help Kabayan Remit to practice AML compliance as well.

Speaking about this partnership, Simon Roberts, CEO of Kabayan Remit said; 

“Kabayan Remit operates in the very competitive money transfer sector providing an online remittance service from the UK, Canada and Europe to the Philippines. The sector is highly regulated with AML compliance a key issue for all Money Service Businesses. Using Shufti-Pro for electronic document verification enables us to develop a competitive advantage by speeding up the onboarding process providing our customers with a smoother, more frictionless journey to sending money to family, friends and loved ones in the Philippines.”

Shufti Pro is also excited to onboard an entity with a shared vision of providing an unrivalled customer experience. Victor Fredung CEO of Shufti Pro expressed his confidence towards this collaboration and said; 

Shufti Pro provides unparalleled customer experience and it’s our competitive edge. We are happy to provide the services that go beyond fraud prevention and can help Kabayan Remit in sustaining its seamless customer experience. We’re excited about this partnership and look forward to maintaining it for a long time.”

About Kabayan Remit

Established in June 2012 in the United Kingdom, Kabayan Capital Limited (trading as Kabayan Remit) is a private online money transfer company, specialising in money remittances from the UK, Canada and Europe to the Philippines. The company was founded on the principle of providing unparalleled money remittance services for Filipinos who work hard overseas to send money to their loved ones back home. Its easy-to-use website and mobile app provide a more affordable and convenient way for customers to send money to the Philippines. http://www.kabayanremit.com 

About Shufti Pro

Shufti Pro is an identity verification SaaS that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro keeps accuracy results as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board

temtum

World’s Fastest Crypto Payment Network temtum Partners with Shufti Pro on New Digital Screening Measures

London, UK – (8th April 2020) Temtum, the quantum-secure, efficient, and carbon-neutral cryptocurrency network that is the fastest in the world with 120,000 transactions per second, today announced it has partnered with leading identity verification service Shufti Pro to provide document confirmation and AML/KYC screening services for its customers.

This partnership comes on the heels of the European Union’s Fifth Anti-Money Laundering Initiative (5AMLD). 5AMLD expands its anti-money-laundering focus to cryptocurrency service providers, with the goal of improving financial transparency and combating nefarious activities ranging from illegal gambling all the way to terrorist financing. A 2019 study found that 63 percent of cryptocurrency exchanges were lacking in KYC security, revealing the need for an increased, industry-wide focus on KYC/AML practices. With 5AMLD regulations in place, cryptocurrency service providers must do their part to meet KYC/AML standards, and Shufti Pro gives temtum the tools to achieve this.  

“temtum is the world’s fastest way to use crypto, and with that speed, we also need to efficiently manage identity verification,” said Richard Dennis, Founder and CEO of temtum. “Shufti Pro gives us a first-in-class solution for customer screening and verification, providing safety and peace of mind as you use the fastest crypto network in the world.” 

Shufti Pro will digitally verify the identity of temtum’s customers while minimizing risk to those same customers through the strongest safeguards in the industry.  Major identity credentials such as Dates of Birth (DoB), addresses, names, document numbers, document issue dates and expiration dates will all be verified by Shufti Pro in real-time. 

“Shufti Pro is very enthusiastic to onboard yet another great customer,”  said CEO Shufti Pro Victor Fredung. “temtum is among the most impressive technologies in our diverse client set, and we look forward to providing our unparalleled authentication services for their truly innovative blockchain network.”

Temtum was designed as a new architecture built from the ground up to transform the way that value is exchanged and stored. Temtum can be used on a standalone basis from wallet to wallet, via SMS, or integrated into payment systems worldwide using a simple QR code. Its SMS payments are the first decentralized, network-based text message payments solution and allow anyone to send crypto instantly with a feature phone (flip phone) or a smartphone. Given this revolutionary product, the need for robust fraud prevention was also inevitable, so Shufti Pro proved to be a reliable partner in this regard. 

About temtum

Temtum (TEM) is a fully deployed digital currency that is ultra-fast, quantum-secure, and infinitely scalable. With a patent-pending architecture, temtum solves the fundamental limitations of blockchain networks, including speed, security, scalability, and energy usage. To learn more, please visit https://temtum.com/

About Shufti Pro 

Shufti Pro is an identity verification service provider that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board!

ACE

Shufti Pro partners with Amsterdam Coin Exchange (ACE) to verify their customers

London, (March 2020), Shufti Pro onboarded Soliditry B.V to verify the customers in its daughter company Amsterdam Coin Exchange (ACE). Shufti Pro will provide document verification, AML screening, and ongoing screening services to perform in-depth screening on the customers. 

The Amsterdam Coin Exchange (ACE) is a group company of Vondellaan Vastgoed Beheer B.V. and majorly operates in the real-estate investments. It offers investments in rented residential real estate, specifically Dutch homes and migrant housing. Also, the Amsterdam Coin Exchange (ACE) allows investors to trade their cryptocurrency HYTAR and other crypto currency at the best rate and to gain experience with blockchain techniques.

Given their business practices and industry robust identity screening is inevitable. Identity theft is increasing and cryptocurrency platforms are manipulated to make anonymous transactions. On the other hand, real-estate is exploited for money laundering. KYC and AML regulations are implemented in the cryptocurrency and real estate sector to control identity theft, money laundering, and terrorist financing. Robust customer due diligence is the need of the hour. 

Responsible enterprises such as Amsterdam Coin Exchange invests in KYC and AML screening of their customers to fight frauds and deliver better customer experience. ACE offers a Cryptocurrency named HYTAR that has stable coin characteristics. Meticulous fraud prevention is necessary to achieve the targeted growth of the cryptocurrency. Ongoing customer screening is necessary to stay updated regarding the risk related to the customers. Also, the future global expansion plans demanded a customer screening solution with experience in verifying global entities.  

Given all these needs of Amsterdam Coin Exchange (ACE), Shufti Pro proved to be a reliable partner to fulfil their customer due diligence needs. Shufti Pro will provide document verification and AML screening services to help ACE onboard a reliable clientele. Ongoing screening services will help in proactive fraud management. Shufti Pro’s services are designed keeping in view the diverse clientele of the businesses, so the user interface is quite simple and swift, making the overall end-user experience seamless. As the customers will be verified within seconds, so there is no fear of losing customers due to long verification processes of ongoing screening. 

ACE is very positive about this collaboration and looks at it as a long-term partnership. Samreen Vos, compliance officer of ACE said, 

“By starting a collaboration with Shufti Pro we hope it will enable us to get to know our clients better: who is our client, who are the owners/ultimate stakeholders and does the relationship with our client pose a risk? This is particularly true where we aim to extend our services geographically, in particular outside the Netherlands and our European Union. With sound policy and our business alliance with Shufti Pro, we want to prevent unknowingly contributing to financial and economic crime. Moreover, we can use our integrated software to regularly scan our existing customer base for new signals. Such a collaboration can help us move even closer to achieving our long-term goals of prosperity and decentralized cooperation between all our stakeholders.” 

The services of Shufti Pro are completely aligned with the long-term goals of Amsterdam Coin Exchange. It will provide global coverage, updated customer risk insights through ongoing screening and growth through proactive fraud management. Speaking about this partnership, Victor Fredung CEO Shufti Pro said, 

“Shufti Pro provides unparalleled customer experience and it’s our competitive edge. We are happy to provide the services that go beyond fraud prevention and can help ACE achieve its long-term goal. Shufti Pro is excited about this partnership and looks forward to maintaining it for a long time.”

About Amsterdam Coin Exchange

The Amsterdam Coin Exchange (ACE) is a group company of Vondellaan Vastgoed Beheer B.V., founded in 2014, with activities in the field of investment objects and residential real estate. In combination with its proprietary HYTAR token, ACE offers private investors in The Netherlands and abroad, low-barrier membership and entry benefits. With its 15-year track record, Vondellaan Vastgoed has over 140,000 users of its services, including over 250 direct investors in various ongoing real estate projects. 

About Shufti Pro

Shufti Pro is an identity verification SaaS that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro keeps accuracy results as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board.

Boatigo joins hands with Shufti Pro

Boatigo joins hands with Shufti Pro to develop a Secure Online platform for the Boating Community

London, UK – (February 2020) Shufti Pro will provide ID verification and liveness detection services to Boatigo Pty Ltd. It will help Boatigo deliver a secure environment to its online community of captains and passengers. 

Boatigo is reshaping the boating experience by bringing boat owners and boat passengers on a unique platform. It allows the captains to register their boat on its platform and crew the ability to secure seats online. Since fraudsters are everywhere, becoming an intermediary required taking concrete steps for the security of passengers using Boatigo to get out on the water. 

The problem was they wanted to practice high-security standards on their platform while maintaining efficiency. Shufti Pro helped them perform swift, real-time verifications on boat captains and crew before allowing them to list vessels or secure seats. Shufti Pro provides swift verifications at economic prices with high efficiency. It helped Boatigo save time, effort, and money. 

Identity verification services of Shufti Pro delivered with 98.67% accuracy will provide a global risk cover to Boatigo. It’ll be able to screen captains and crew registering on their website. It will ensure the safety of passengers using Boatigo to find seats on boats. Boatigo is taking a bold step by connecting the stakeholders in the boating industry. So, security is vital to gain success and onboard a trusted clientele. 

Developing an in-house solution is quite expensive and manual verification doesn’t go well with their business model. So they took a wise decision and joined hands with Shufti Pro to share their due diligence burden. Shufti Pro will verify the government-issued ID card for them along with liveness detection, helping Boatigo gain useful insights about their customers. 

Talking about this collaboration, Joel Keane, CEO of Boatigo, said;

“Boatigo is very different from most other peer-to-peer services because the captain and crew interact on the same trip out on the water in a boat. Our initial community discussions highlighted a concern around community member authenticity.  Shufti Pro allows us to securely verify our community member identities by means of a government-issued ID and a liveness check. This gives both Boatigo and our community members peace of mind that people on the platform are who they say they are. Furthermore, Shufti Pro completely automates this process for us, which saves valuable time and development costs.”

Shufti Pro is also excited to start this partnership with Boatigo. Victor Fredung, CEO Shufti Pro said,

“We have our pride in providing global services to businesses with diverse business models, and Boatigo is an unusual business. Our solutions fit well in different roles, either for obligatory customer screening or fraud prevention. We look forward to maintaining a long-term relationship with Boatigo.” 

Shufti Pro is one of the pioneers in the industry for verifying people in more than 232 countries and on-boarding unique businesses from different corners of the world. It believes transparency in B2C and B2B relationships is a key to long term relations. So, it provides economical prices to help businesses grow in a fraud-free environment. It is the vision of the company to play a significant role in the development of fraud-free cyberspace.

About Boatigo 

Boatigo is a tech company that has developed a marketplace to bring boat owners and users together to limit the wasted seats on recreational boats. The platform is designed to help owners list their spare sets and for the general public to secure the additional seats on these boats.  Boating is expensive, and every day there are a large number of recreational vessels out on the water with spare seats. Boatigo is bridging the gap between recreational boat owners and users, bringing them together in a secure community built on trust that allows boats to be used more efficiently.

About Shufti Pro 

Shufti Pro is an identity verification service provider that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 230 countries and territories, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board.

Shufti Pro partners with KuBitX to help them onboard a secure clientele

Shufti Pro partners with KuBitX to help them onboard a Secure Clientele

London, UK – (February 2020) Shufti Pro will now verify the customers of the blockchain-based digital asset marketplace – KuBitX to help them onboard a secure clientele from within Africa and around the globe. 

Shufti Pro’s KYC services are designed while keeping in view different business models. KYC solution of Shufti Pro powered by Artificial Intelligence can verify people from around the globe in real-time and delivers highly accurate results within 30 seconds. Shufti Pro is the perfect answer when businesses are looking for an economical solution, competitive services, and a highly co-operative team. Shufti Pro’s solutions can be integrated easily with any business platform with seamless API integration. KuBitX is a block-chain based company and it was looking for all these qualities in its potential partner. 

KuBitX is a digital asset marketplace that offers a wallet for the global clientele to perform complex financial operations in a simple manner. KuBitX delivers an advanced yet simple trading platform for digital asset trading.  Easy to use digital asset exchange not only exposes global projects to Africa but also exposes African projects to the globe. Other than that, it also provides KBX Wallet – payments, remittance, and OTC Wallet that uses stable coins to facilitate the near-instant transfer of value across the globe. Users can leverage any of their digital assets in the app to pay bills from over 3000 merchants at the moment. It’s a huge project that includes a lot of people, which is why transparency is important. 

KuBitX has initiated a unique platform for the global community, so taking some concrete steps to prevent fraud and financial crime is essential. Customers are a dear asset for any company but developing a transparent relationship with them ensures longer connections and growth. KuBitx chose Shufti Pro’s KYC screening solution to verify its global clientele. Shufti Pro has proved it time and again that its solutions are designed to keep pace with the next generation businesses and onboarding KuBitX proved its stance. 

Shufti Pro’s solution will be used to verify their customers both for their trading platform or the KBX wallet for online transfers. Talking about this partnership, Victor Olorunfemi, VP, Products and Technology, KuBitX said;

“ShuftiPro is not just another KYC AML provider, they are a business that takes their customers seriously and is very responsive when it comes to providing support. They have a wide range of international KYC tools as well as the flexibility to cater to the peculiar requirements in some countries. Integration of their tools are seamless and they carry out continuous improvements, sometimes in response to customer feedback. As long as they keep up this level of quality or even step it up some more, I will recommend their services.”

Shufti Pro is excited to onboard KuBitX and its CEO, Victor Fredung said;

“Shufti Pro is excited to onboard KuBitX. We aim to maintain this partnership for a longer period by providing them our best services. Our support team is available 24/7 considering the diverse clientele that we serve.”

Shufti Pro is all set to expand its client base with the addition of KuBitX in it. The company has taken another step towards its vision to make cyberspaces fraud-free.

About KuBitX 

KuBitX is a blockchain technology company creating easy to use solutions to enhance financial inclusion in emerging markets starting with Africa. Currently, it has two products, one is KBX Wallet – a Payments, Remittance, and OTC Wallet that uses Stable Coins to facilitate near-instant transfer of value across the globe. And the other is KuBitX Exchange – an easy to use digital asset exchange that not only exposes global projects to Africa but also exposes African projects to the globe. Its app is available on Google PlayStore and will soon be available on the Apple Appstore.

About Shufti Pro

Shufti Pro is an identity verification service provider that offers KYC and AML solutions to worldwide clients. Using a hybrid approach of AI and HI technology, Shufti Pro delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 232 countries, Shufti Pro is a pioneer in IDV services to cover a large number of countries.

Contact sales@shuftipro.com to get on board.

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