Shufti Sponsors Sopra Banking Summit 2021

Originally Published on PR Log. 

CANARY WHARF, U.K. – Sept. 28, 2021 – Digital ID verification service provider Shufti is sponsoring the Sopra Banking Summit 2021 taking place from 18th to 22nd October via online sessions. 

Being a globally acclaimed KYC and AML service provider, Shufti is sponsoring the Sopra Banking Summit in support of the event’s agenda to address key issues in the global financial sector. The week-long virtual summit will be attended by 1,500 financial institutions and 100+ FinTech companies from 240+ countries, as quoted on the event website. 

All the attendees will be partaking in 45 virtual sessions divided into five streams, focused on strategic issues in banking. 

“We’re excited to become the sponsors of the first Sopra Banking Summit, where key fintech, trading and finance players will be talking about the future of finance and banking”, commented Victor Fredung, the CEO of Shufti. 

Shufti is actively participating in fintech, finance and tech events around the globe to play its part in the future of finance and banking. This month, Victor Fredung and team Shufti attended the Money20/20 event in Amsterdam to highlight the significance of automated KYC for fraud prevention. The company has also announced its attendance at the iFX Expo in Cyprus, taking place from 4th to 6th October. 

Back in July, Shufti and Sopra Banking Software joined hands to provide reliable and high-quality KYC verification services to financial institutions present on the Sopra Banking Software’s platform. Shufti added Video KYC and NFC verification to its services this year, enabling swift and secure customer onboarding for fintech businesses through real-time identification. The company has also been nominated for the People’s Choice Stevie Awards for providing outstanding KYC and AML solutions for customers. 

About Sopra Banking Software

Sopra Banking Software is a subsidiary of the Sopra Steria Group, a European leader in consulting, digital services and software development. With more than 46,000 employees, the Sopra Steria Group generated a turnover of €4.3 billion in 2020.

About Shufti

Shufti 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 240+ countries and territories. By supporting 3000+ identity documents in 150+ languages, Shufti has proven to be ideal for eliminating the risk of financial and identity fraud while maintaining regulatory compliance with GDPR and AML/KYC obligations.