SHUFTI-PRO
Shufti Pro, a leading ID verification service provider, upgrades its KYC service to guarantee a 100% increase in onboarding rate for businesses with unbeatable security. With an advanced KYC service, Shufti Pro aims to make customer onboarding processes faster, easier, and more secure for global companies.
Businesses nowadays lose many experienced and legitimate customers due to archaic, slow, and frustrating onboarding processes. For this reason, companies look for an efficient and secure way that streamlines the onboarding process for legitimate customers. Shufti Pro’s advancement in KYC services offers higher security and accuracy by using AI algorithms to cross-check user data and identify fraudulent activities. The advanced KYC service guarantees increased onboarding rates by 100%, helping businesses to confidently onboard customers with a reduced risk of fraud whilst complying with KYC regulations.
Shufti Pro provides AI-based IDV solutions to enterprises in the Fintech, Regtech, banking, and many more industries. The company offers IDV solutions to companies of all sizes due to its global reach and has an unprecedented verification accuracy rate of 99%. The company is advancing its KYC service to revolutionise the onboarding process.
“We are committed to providing businesses with the most advanced identity verification solutions," said Victor Fredung, CEO of Shufti Pro. "With our advanced KYC service, we are taking our commitment to the next level by offering businesses a reliable solution that increases their onboarding rate to 100% whilst providing unbeatable security."
Shufti Pro has recently introduced a Risk Assessment Service that analyses clients' risk factors and identifies and prevents fraud. The company also won the World Financial Award for outstanding use of AI in 2022 and released its ID fraud report 2022, showing no signs of identity fraud slowing down in the coming years. To read the full report, click here.
About Shufti Pro
Shufti Pro is a leading IDV service provider offering KYC, KYB, KYI, AML, biometric verification, and OCR solutions, accelerating trust worldwide. It has six international offices and has launched 17 complimentary IDV products and solutions since its inception in 2017.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230518005816/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
1X Announces Strategic Partnership to Make up to 10,000 Humanoid Robots Available to EQT’s Global Portfolio11.12.2025 15:00:00 CET | Press release
1X, the AI and robotics company behind NEO, the first ready-to-ship humanoid robot, today announced a strategic partnership with EQT, one of the world’s largest private equity firms and an investor in 1X through EQT Ventures. The partnership marks the beginning of what could become a large-scale commercial rollout of general-purpose humanoid robots across multiple industries. Together, 1X and EQT have a shared intent to facilitate the rollout of up to 10,000 humanoids across EQT’s global portfolio companies between 2026 and 2030, with any potential implementation decision ultimately taken by each portfolio company. The partnership represents an early step in bringing humanoid robotics into mainstream commercial use. Through this collaboration, EQT’s portfolio companies will gain early access to 1X’s commercial production capacity and integration expertise, giving early adopters a first-mover advantage in addressing structural workforce transformation. The partnership will focus on high
Texas Card House to Host World Series of Poker® Circuit in 202611.12.2025 15:00:00 CET | Press release
Exclusive partnership brings the World Series of Poker to Texas for the first time. The World Series of Poker (WSOP) has announced that Texas will join its exclusive ranks as an official stop on the 2026 Circuit Tour for the first time in history. Through an exclusive partnership with Texas Card House, the iconic WSOP Circuit will be hosted in Austin, at TCH Social from April 23rd to May 4th 2026. TCH Social is one of the Texas-based company’s flagship locations featuring up to 70 poker tables, a full-service restaurant, craft cocktails, and an upscale atmosphere. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211428594/en/ Texas Card House Social Austin, the first-ever Texas venue to welcome the WSOP Circuit. During the event, Texas will become the center of the professional poker universe. Players from around the world will compete at the Texas Card House in Austin to claim a championship WSOP Circuit ring, enormous pri
Nexo Acquires Buenbit in Major Expansion Across Latin America11.12.2025 15:00:00 CET | Press release
The acquisition combines Nexo’s comprehensive award-winning product portfolio with Buenbit’s CNV-registered operations and strong local expertise.Global digital assets leader Nexo establishes Buenos Aires as its Latin American hub, supporting long-term investment and partnerships across Argentina, Peru, and Mexico.Buenbit clients to gain access to Nexo’s full suite of products, top-tier security, and personalized client care. Nexo, the premier digital asset platform with $11 billion in assets under management, today announced its acquisition of Buenbit, one of Latin America’s most trusted and fastest-growing crypto platforms. This strategic transaction marks a milestone in Nexo’s global scaling, uniting the company’s advanced liquidity infrastructure and high-yield products with Buenbit’s deep local expertise and strong customer base. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211358777/en/ The acquisition combines Ne
Tidewater Expands Partnership with Rimini Street Following Successful Optimization of Regional ERP and Tax Software Solutions11.12.2025 15:00:00 CET | Press release
Partnership launched in Brazil to support Tidewater’s Oracle ERP paved the way for additional projects focused on improved efficiency, innovation and growth Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the expansion of its partnership with Tidewater, the world’s largest offshore service vessel (OSV) fleet operator. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211331615/en/ Tidewater Expands Partnership with Rimini Street Following Successful Optimization of Regional ERP and Tax Software Solutions Rimini Support™ Delivers Deep Technical Expertise and Cost Savings The relationship began in Brazil, where Tidewater selected Rimini Street to support its then current Oracle PeopleSoft ERP system. The successful engagement
Mainstay Medical Announces Coverage Recommendation from the International Society for the Advancement of Spine Surgery (ISASS) for ReActiv811.12.2025 14:30:00 CET | Press release
Mainstay Medical Holdings plc today announced that the International Society for the Advancement of Spine Surgery (ISASS) has issued recommendations and coverage criteria for the use of restorative neurostimulation for the treatment of chronic mechanical low back pain associated with multifidus muscle dysfunction. ReActiv8® restorative neurostimulation is the only therapy approved in the United States, Europe and Australia for this indication. The Statement, which affirms ISASS’ support for coverage by payers of implantable restorative neurostimulation in appropriately selected patients, was published in the December issue of the International Journal of Spine Surgery and can be accessed here: https://www.ijssurgery.com/content/early/2025/12/10/8833. The Statement reflects the growing body of clinical evidence supporting the use of ReActiv8, as well as recent developments in diagnostic coding and reimbursement pathways since ISASS’ 2023 Statement on Restorative Neurostimulation for Chr
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom