FCA Regulated Bilderlings joins forces with Shufti to accelerate the process of Secure Client Onboarding

London, UK – (January 2020) Shufti on-boarded a banking company – Bilderlings – to help them accelerate their customer onboarding process while fulfilling the regulatory compliance and fraud-prevention needs. 

Shufti is a global identity verification, KYC/KYB/AML screening service provider with customers in every country and industry. What makes it different is its swift verification service that identifies an individual within 30 seconds while maintaining a high accuracy rate of 98.67%. Recently it onboarded an innovative banking company Bilderlings that delivers next-generation banking services to businesses and individuals. 

Bilderlings is regulated by FCA so compliance is a big deal for the company. Speed of account opening is their targeted competitive edge so they needed a cutting edge technology to onboard a secure clientele in a secure manner. The company’s main services are settlement accounts and internet acquiring. Everything is online so the fraud rate is high, serving the financial needs of businesses online requires in-depth fraud proofing and screening for regulatory purposes as well. 

Fraud is everywhere and financial data of the customers is a vital asset of the company, so Bilderlings took a smart decision based on Shufti’s global acclaim and choose it for swift onboarding of their clients. 

Expressing his confidence in this partnership, Dmitry Kuvshinov, Executive Officer, Bilderlings Pay said; “Bilderlings is a fintech platform, and the speed of opening a current account is one of the key factors for clients who choose our services. Partnership with Shufti is very important for us because thanks to Shufti technology we will be able to significantly accelerate the process of client onboarding.” 

Victor Fredung, CEO of Shufti expressed his excitement towards this collaboration and said; “We are excited to onboard Bilderlings and to help them in swift onboarding of their customers. We are proud that Bilderlings chose us for the swiftness in our services which is one of our key attributes. Shufti aims at maintaining this membership for a longer-term and to keep on improving our services to make sure that our customers are always content with their decision of choosing Shufti.”

About Bilderlings Pay

Bilderlings is an innovative banking company for businesses and individuals. Among the main services of Bilderlings are settlement accounts and internet acquiring. Bilderlings helps businesses to open an account in one day, to customize individual financial solutions, and to automate the processes using API. Bilderlings customers range from large companies to cutting-edge startups. Bilderlings uses advanced digital banking technology for quick payments and flexible payment solutions. The company maintains the services of traditional banks and clients receive maximum attention from their private banker. Bilderlings is a British fintech platform that is regulated by the FCA and meets all the security standards of a traditional British bank.

About Shufti

Shufti 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 delivers results within 30 seconds with accuracy as high as 98.67%. Having verified users in over 232 countries, Shufti is a pioneer in IDV services to cover a large number of countries.

Contact [email protected] to get on board!