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- Press Release
- Press Release
Originally Published at PR Log.
CANARY WHARF, UK – NOV. 5, 2021 – Reward-driven health and wellness-focused platform NSUR and AI-powered identity verification service provider Shufti Pro have entered into a strategic partnership to perform KYC and AML checks on cryptographic token users.
NSUR has collaborated with Shufti Pro for its state-of-the-art Know Your Customer (KYC) and Anti-money Laundering (AML) services to mitigate the risks of identity theft and money laundering. In the wake of the COVID-19 pandemic, as the concept of digitization has spurred great growth, it has also become a magnet for identity theft and online scams. Automated ID verification services offered by Shufti Pro can eliminate the risks of identity fraud while assuring compliance with regulatory requirements.
NSUR facilitates its customers with a vast network of services from reputable health and wellness retailers. Users can book a doctor’s visit and refill their prescriptions through NSUR’s telemedicine network and pharmacy benefit card respectively. NSUR will perform Shufti Pro’s KYC and AML on cryptographic token buyers to verify that the individuals are who they say they are and to prevent money laundering. The value protection program offered by NSUR will protect the token holders’ purchase value and assure them their value will be saved for two years. Not only this but the customer-centric services of NSUR provide token holders with a chance to claim back their lost value if they find that the value of holders’ protected tokens is less than what they paid for it.
KYC solutions rendered by Shufti Pro will monitor NSUR’s customers to ensure the company does not encounter any identity fraud. Shufti Pro’s AML screening identifies cryptographic token users against criminal watch lists, global sanctions, and Politically Exposed Persons (PEP) lists. These services can help NSUR to achieve online identity fraud prevention and compliance targets impeccably in one go.
“We are using ShuftiPro to perform KYC and AML on customers who are purchasing protected cryptographic tokens through NSUR’s Value Protection Program,” said Mark Peters, CEO of NSUR, “This program is one-of-a-kind, it is the first program we have ever seen in the cryptocurrency sphere to protect token holders’ purchase value. In short, through NSUR’s Value Protection Program, holders of protected tokens have peace of mind that the purchase value of their tokens will be protected against loss for two years. If at the end of two years, the value of holders’ protected tokens is less than what they paid for it, they can claim back the lost value from NSUR’s website,” he further added, “Thanks to ShuftiPro, we also have peace of mind that the people who are purchasing with NSUR are who they say they are and that they are not engaged in nefarious activities.”
Commenting on the partnership between two companies, Victor Fredung, CEO of Shufti Pro said, “We are delighted to provide KYC and AML services to NSUR’s clients. The services delivered by Shufti Pro will definitely help NSUR to verify users in less than a second thus ensuring the best customer experience.”
AI-Powered identity verification solution provider, Shufti Pro currently offers its KYC and AML services to 500 businesses worldwide. Employing a hybrid approach of AI and HI technology, Shufti Pro has extended its services to 230+ countries and territories.
NSUR is reward-driven health and wellness-focused platform powered by NSUR Coin. Customers of NSUR have a vast network of goods and services from reputable health and wellness retailers at their fingertips. Need to book a doctor’s visit? Book through NSUR’s telemedicine network. Want to refill your prescription? Use NSUR’s pharmacy benefit card, NSURx to get significant discounts at your local pharmacy.
NSUR Coin is a high-utility, digital reward token that is used to facilitate purchases within the NSUR ecosystem and to reward NSUR account holders as part of NSUR’s Loyalty Reward Program.
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About Shufti Pro
Shufti Pro is globally acclaimed for providing digital identity verification solutions. Its AI-based IDV services have an accuracy rate of 98.67% and are offered in 230+ countries and territories. By supporting 3000+ identity documents in 150+ languages, Shufti Pro has proven to be ideal for eliminating the risk of financial and identity fraud while maintaining regulatory compliance with GDPR and AML/KYC obligations.
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Marketing Executive | Shufti Pro