Shufti Pro is a trusted, AI-powered global platform that offers comprehensive identity verification services designed to prevent online fraud and meet evolving regulatory requirements. The company's advanced technology enables it to evaluate individual customer risk scores, authenticate business entities and investors, and extract data from documents in any language.
Shufti Pro's services cater to various industries, including fintech, e-commerce, online marketplaces, and gaming, among others. Established in 2017, Shufti Pro has expanded its presence globally, with offices in the United Kingdom, Sweden, the United States, Dubai, Cyprus, and Hong Kong. The company's exceptional partner integrations guarantee a seamless user experience.
TLDR
Shufti Pro offers AI-powered comprehensive identity verification services designed to prevent online fraud and meet regulatory requirements. Their services include individual customer risk evaluations, business entity authentication, and data extraction.
The platform caters to various industries and has a global presence with offices in multiple locations. Partner integrations ensure a seamless user experience, making Shufti Pro a trusted solution for identity verification.
Company Overview
Shufti Pro is a global trust platform committed to making trust work in the digital economy by providing accurate and reliable identity verification services. The company was founded out of frustration with legacy identity verification and a desire to enhance accuracy, simplicity, speed, and scale. Shufti Pro aims to know anyone, anywhere, and in any way by conducting comprehensive KYC verifications, verifying the authenticity of a business entity, and evaluating individual customer risk scores, among other services.
The company's global team of experts challenges the status quo by promoting bold thinking and creating an action-oriented, entrepreneurial environment that encourages personal and business growth while respecting all team members.
Since its inception in 2017, Shufti Pro has celebrated its five-year anniversary, secured $20m in Series A funding, launched risk assessment and verification journey builder solutions, and opened multiple offices worldwide, including the UK, Sweden, the US, Dubai, Cyprus, and Hong Kong. Additionally, the company has won numerous awards, such as "Best KYC Solution for Client On-boarding 2022" and others that facilitate its quest to become a market leader in the identity verification market.
Shufti Pro's platform offers a broad range of services, including comprehensive KYC verification, automated AML screening and risk assessment, authenticating business entities and investors, and extracting data from documents in any language, among others. The company caters to various industries, including fintech, e-commerce, online marketplaces, and gaming, among others. Shufti Pro's services are complemented by its exceptional partner integrations, which guarantee a seamless and polished user experience.
Shufti Pro's presence is spread across the United Kingdom, Sweden, the United States, Cyprus, Dubai, and Hong Kong, serving a global clientele with accurate, user-friendly, and extensive identity verification services. Join Shufti Pro on its exciting journey to accelerate trust by exploring its latest job openings or leveraging their identity verification services.
Features
Global Trust Platform
Comprehensive KYC Verification
Shufti Pro's Global Trust Platform offers comprehensive KYC verification to help businesses prevent online fraud and stay ahead of malicious actors. With this feature, businesses can quickly verify the authenticity of their customers' identities and reduce the risk of fraudulent activities. The platform uses advanced AI and machine learning technologies to analyze thousands of documents in seconds with over 99% accuracy, making it an ideal solution for businesses that require fast and reliable identity verification.
Business Entity Verification
Shufti Pro's Global Trust Platform makes it easy to verify the authenticity of a business entity. The platform screens business entities against global watchlists in real-time, so businesses can identify high-risk entities quickly. This feature also helps businesses meet evolving regulatory requirements and reduce the risk of financial crime by integrating award-winning KYC AML services.
Individual Customer Risk Scores
Businesses can evaluate individual customer risk scores with the Global Trust Platform, giving them the ability to determine each customer's risk level and authenticity in one place. This feature helps businesses make better-informed decisions about their customers and eliminate the risk of fraudulent activities. With millions of successful KYC checks performed annually, businesses can have peace of mind knowing that they are working with an experienced partner.
Identity Verification for Customized Experience
Verifying ID Documents with NFC Verification
Shufti Pro's Identity Verification feature allows businesses to onboard remote customers, reduce abandonment rates, fight fraud, and meet compliance in one glance. The platform uses NFC Verification to ensure secure and hassle-free customer onboarding, giving businesses the confidence to verify their customers' identities remotely with ease. With over 230 countries and territories supported and over 150 languages supported, businesses can confidently onboard customers 24/7 globally.
Age Verification in Real-Time
Businesses can verify the age of their customers with a Kommission für Jugendmedienschutz (KJM) approved age verification service in real-time. This feature helps businesses reduce the risk of underage customers accessing their products or services and ensure a risk-free customer onboarding experience. Shufti Pro's Identity Verification feature also offers a tailored AML KYC service to help businesses meet regulatory requirements while eliminating non-compliance risks.
One-Stop Solution for Business Verification
Shufti Pro's one-stop solution for business verification helps businesses fast-track business onboarding and identify shell businesses in real-time. With flexible and tailored AML KYC services, businesses can confidently meet regulatory requirements while eliminating non-compliance risks. Shufti Pro's KYI investor verification service also helps businesses verify investor authenticity and ensure a risk-free customer onboarding experience.
Real-Time Fraud & Compliance Protection
Advanced Security Standards
Shufti Pro's Global Trust Platform offers industry-leading compliance and security standards to set the bar high and help businesses stay ahead of malicious actors. This feature helps businesses detect signs of spoofing in real-time and eliminates the risk of fraudulent activities. Businesses can secure their operations with the platform's risk mitigation layer, which helps with KYC compliance, preventing synthetic identity fraud, and eliminating impostor signups.
Quick Fraud Detection
Shufti Pro's Global Trust Platform allows businesses to quickly detect the use of photoshopped, tampered, expired, or fake documents to prevent online fraud in a matter of seconds. The platform allows businesses to verify their customers and analyze the potential for fraud before onboarding or authenticating transactions. With the platform's automated customer verification system, businesses can perform real-time checks to help prevent synthetic identity fraud and eliminate impostor signups.
Global Sanctions List Screening
Shufti Pro's Global Trust Platform helps businesses screen customers against global sanctions lists in a matter of seconds to identify high-risk entities in real-time. This feature helps businesses meet compliance at a glance by receiving real-time customer verification, eliminating the risk of duplications, and complying with global data protection requirements. Businesses can also benefit from the platform's new KYC questionnaires feature, which helps determine customers' risk levels and authenticity in one place.
Integrations
Shufti Pro offers a global trust platform that can conduct comprehensive KYC verification to verify the authenticity of a business entity or investor. This also includes evaluating individual customer risk scores while screening customers against sanctions lists. Shufti Pro's technology can extract data from documents in any language to provide identity verification for a customized experience.
Web/Desktop API
Shufti Pro offers a single API integration for web/desktop platforms to help businesses verify their customers' identity with ease. The integration options are complete and can be customized according to the business's technical requirements. This integration method is straightforward, making it easy for businesses to incorporate Shufti Pro's identity verification technology into their existing web or desktop platform.
Android Native SDK
Businesses can also use Shufti Pro's Android native SDK platform to verify their customers through Android devices. The SDK offers a seamless experience to end-users to verify themselves in real-time on their Android devices. This integration method is ideal for businesses that have an Android app and want to perform identity verification within the app.
iOS Native SDK
To perform secure in-app verification on iOS devices, Shufti Pro offers its iOS native SDK. The SDK allows businesses to verify their customers more efficiently through their iOS devices. Developers can integrate Shufti Pro's technology into their iOS apps to confirm their customer's identity through biometric authentication in real-time.
Video Interview KYC API
Shufti Pro's Video Interview KYC API integrates with the identity verification specialist to connect with customers on a live video call for verification. This is a suitable option for businesses that want a more human touch, as it allows them to verify their customers in real-time with an identity verification specialist's assistance. This method can help businesses meet their KYC and AML regulatory compliance requirements.
React Native SDK
To integrate Shufti Pro's identity verification technology into both Android and iOS devices, businesses can use Shufti Pro's cross-platform React Native SDK. The SDK allows for businesses to conduct identity verification with ease while providing a customized experience to their customers. This integration method is suitable for businesses that have Android, iOS, or hybrid apps and want to perform identity verification within their apps.
Facial Biometric Authentication SDK
Shufti Pro's Facial Biometric Authentication SDK allows businesses to perform ongoing KYC for remote account access. This SDK uses facial biometric authentication technology to help businesses verify their customers with more accuracy. This integration method can help businesses meet their regulatory compliance requirements while offering a frictionless experience to their customers.
FAQ
What is Shufti Pro?
Shufti Pro is a global trust platform that provides accurate and reliable identity verification services by using artificial intelligence (AI) and human intelligence (HI). The company offers comprehensive KYC verification, automated AML screening, authenticating business entities and investors, and data extraction from documents in any language, among other services.
How does Shufti Pro's AI-powered verification process work?
Shufti Pro's AI-powered verification process allows businesses to verify the identity of their customers seamlessly. The process involves the customer providing their government-issued ID, such as a passport or a driver's license, and taking a live selfie while following specific instructions. Shufti Pro uses facial recognition software to match the picture on the ID with the live selfie and checks the ID's authenticity using multiple verification techniques, such as hologram detection, MRZ code scanning, and microprint analysis.
The results of the verification process are delivered to the business through a real-time report within seconds.
What industries does Shufti Pro cater to?
Shufti Pro caters to various industries, including fintech, e-commerce, online marketplaces, gaming, and others that require vital identification and verification services to maintain regulatory compliance and deliver a seamless user experience. The company's KYC and AML solutions are designed to meet business requirements and ensure customer trust and safety while enhancing operational efficiency.
What are some of the benefits of using Shufti Pro's services?
Shufti Pro's services allow businesses to comply with KYC and AML regulations, eliminate risks of financial crimes, and prevent identity theft, which ensures that the customer data remains confidential and secure. Additionally, the company's services offer a seamless customer onboarding experience and help in fraud prevention. The company's AI-powered solutions are designed to create efficient verification workflows for businesses of all sizes worldwide.
What makes Shufti Pro's verification services different and accurate?
Shufti Pro uses AI to make the verification process more accurate and efficient. The combination of AI and human intelligence (HI) ensures that the results of the verification process are more precise and accurate.
The company's software uses a unique combination of facial recognition software and multiple verification techniques to achieve its accuracy rates. Shufti Pro's technology is also multilingual, which allows the company to verify documents in any language.
Furthermore, the company's verification process is quick and integrates smoothly with the business's systems, reducing the wait time for customers and resulting in a seamless customer experience.
