quora

Isiklar Holding Partners with Shufti to verify the customers of their new venture Isiklar Coin

Shufti joins hands with Isiklar Coin

London, UK – (17 January 2020) Shufti partnered with Isiklar Holding to provide them with swift document verification for onboarding customers of their new venture Isiklar Coin.  

Isiklar Holding company has started a new venture namely, Isiklar Coin. They wanted to secure their legacy from bad actors so onboarding a legitimate clientele is crucial. Their goal is to identify each onboarding identity to make sure that no fraudulent individual is facilitated through their business or can be harmful. To deter the risks associated with bad actors, the company realized the need for identity verification against official identity documents. And Shufti helped them in identifying and verifying their consumers through online document verification. 

A seamless and robust process of identity verification through documents will help the company allow only honest customer traffic to become part of their systems while ensuring a smooth customer experience. As document verification with Shufti doesn’t take more than 60 seconds and the user can easily go through the verification process.    

Isiklar Holding is an innovative business that aims at achieving potential business growth by making honest customers part of their system. A clean customer base helps businesses grow at an exponential rate. The company needed a cost-effective and quick document verification service to prevent fraud the industry could be prone to. Shufti provides the company with KYC screening services for customers. At the time of online registration, customers can verify their identity using several government-issued identity documents. Shufti can verify more than 3000 identity documents and supports more than 150 languages performing verifications in seconds. Shufti, with its seamless verification services, has made the KYC risk management process easy for Isiklar Coin. 

The company’s CEO,  D-r Nikolay Momchilov expressed his feelings after the partnership with Shufti in these words:

 “Whenever our Isiklar Holding company starts a new venture, it is very important for us to find the right partners. We were faced with the dilemma of finding one to store our customers’ personal information. After a deep study of the market, we came across Shuftipro, and I can safely say that we made the right choice and are now calm about our customers’ data because they are in the hands of professionals.”

Shufti is excited about collaborating with a company that holds a legacy. Talking about this collaboration, Shufti’s CEO, Mr. Victor Fredung said, 

“Shufti is excited to have a partnership with Isiklar Holding and looks forward to maintaining it for a long time. Shufti will provide its globally acclaimed identity verification services to Isiklar Holding for proactive fraud prevention. Such collaborations help us move even closer to achieving our longterm goals” 

About Isiklar Holding

Isiklar Holding, a company with deep traditions and a long history of doing business, has decided to create Isiklar Coin (ISIKC). The coin is meant to serve the numerous suppliers and long-term partners of the ISIKC Platform. The idea of ISIKC is to implement a customer loyalty program, using the most innovative and disruptive technology available today – blockchain technology. This will allow the users of ISIKC to be part of a secure, cheap and transparent ecosystem. The private sale will start on January the 13th, 2020. 

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!

Related Posts

Press Release

Shufti and .MUSIC partner to authenticate music identities and protect global music community against AI impersonation

While critical work is being done to develop policies protecting artists and their NILV against d...

Shufti and .MUSIC partner to authenticate music identities and protect global music community against AI impersonation Read More

Press Release

Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance

The finance industry is severely prone to fraud and theft, costing organizations billions of doll...

Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance Read More

Press Release

AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services

He added, “By integrating Shufti’s innovative technology with our expertise and d...

AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services Read More

Press Release

SHUFTI COMMITS TO DATA PRIVACY AND TRANSPARENCY BY ACHIEVING QG-GDPR CERTIFICATION

According to a study by Forbes, global user data is worth $7.4 trillion, highlighting its incredi...

SHUFTI COMMITS TO DATA PRIVACY AND TRANSPARENCY BY ACHIEVING QG-GDPR CERTIFICATION Read More

Press Release

Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems

“Every year, millions of gamers fall victim to account takeovers and financial fraud attempts, a ...

Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems Read More

Press Release

SHUFTI INTRODUCES ENHANCED FACE VERIFICATION FORTIFYING BUSINESSES AGAINST DEEPFAKE FRAUD

Scammers are even becoming more sophisticated through the generative AI, making it easier for the...

SHUFTI INTRODUCES ENHANCED FACE VERIFICATION FORTIFYING BUSINESSES AGAINST DEEPFAKE FRAUD Read More

Press Release

Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities

Shufti’s state-of-the-art solution utilises machine learning and artificial intelligence solu...

Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities Read More

Press Release

Shufti’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication

Telecom operators need to maintain regulatory compliance to prevent the misuse of their telecommu...

Shufti’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication Read More

Press Release

Shufti and .MUSIC partner to authenticate music identities and protect global music community against AI impersonation

While critical work is being done to develop policies protecting artists and their NILV against d...

Shufti and .MUSIC partner to authenticate music identities and protect global music community against AI impersonation Read More

Press Release

Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance

The finance industry is severely prone to fraud and theft, costing organizations billions of doll...

Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance Read More

Press Release

AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services

He added, “By integrating Shufti’s innovative technology with our expertise and d...

AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services Read More

Press Release

SHUFTI COMMITS TO DATA PRIVACY AND TRANSPARENCY BY ACHIEVING QG-GDPR CERTIFICATION

According to a study by Forbes, global user data is worth $7.4 trillion, highlighting its incredi...

SHUFTI COMMITS TO DATA PRIVACY AND TRANSPARENCY BY ACHIEVING QG-GDPR CERTIFICATION Read More

Press Release

Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems

“Every year, millions of gamers fall victim to account takeovers and financial fraud attempts, a ...

Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems Read More

Press Release

SHUFTI INTRODUCES ENHANCED FACE VERIFICATION FORTIFYING BUSINESSES AGAINST DEEPFAKE FRAUD

Scammers are even becoming more sophisticated through the generative AI, making it easier for the...

SHUFTI INTRODUCES ENHANCED FACE VERIFICATION FORTIFYING BUSINESSES AGAINST DEEPFAKE FRAUD Read More

Press Release

Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities

Shufti’s state-of-the-art solution utilises machine learning and artificial intelligence solu...

Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities Read More

Press Release

Shufti’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication

Telecom operators need to maintain regulatory compliance to prevent the misuse of their telecommu...

Shufti’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication Read More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started