Shufti

What is Shufti ?

Shufti  is a global identity verification platform that leverages artificial intelligence to provide real-time KYC (Know Your Customer), AML (Anti-Money Laundering), and KYB (Know Your Business) solutions. Supporting over 3,000 document types in 150+ languages, Shufti  enables businesses to verify identities across more than 240 countries and territories within seconds. Its comprehensive suite of services ensures compliance with international regulations while enhancing user onboarding experiences.

Shufti Features

• Document Verification: Authenticates government-issued IDs, passports, and driver’s licenses using AI-driven analysis to detect forgery and tampering.
• Facial Biometrics: Employs facial recognition and liveness detection to match selfies with ID photos, ensuring the presence of a live user.
• Optical Character Recognition (OCR): Extracts and digitizes data from identity documents for efficient processing and storage.
• Behavioral Biometrics: Monitors user behavior patterns, such as keystrokes and gestures, to identify anomalies and potential fraud.
• Electronic Identity Verification (eIDV): Verifies identities through centralized electronic IDs, providing a seamless, paperless verification process.
• AML Screening: Checks users against global watchlists, sanctions lists, and PEP (Politically Exposed Persons) databases to ensure compliance with anti-money laundering regulations.
• Risk Assessment: Evaluates customer risk factors through custom questionnaires and fraud prevention data points, aiding in informed decision-making.
• Age Verification: Confirms user age through document analysis or facial age estimation, useful for age-restricted services or products.
• Address Verification: Validates user addresses using documents like utility bills or bank statements, enhancing trust and compliance.
• Consent Verification: Ensures users explicitly agree to the verification process and data usage, aiding compliance with data protection regulations such as GDPR.
• Multi-Language Support: Supports identity verification in over 150 languages, catering to a diverse global user base.
• Fast Verification: Delivers verification results typically within 15 to 60 seconds, streamlining onboarding processes.
• Integration Options: Offers APIs, mobile SDKs, and web plugins for seamless integration into existing applications and websites.

Shufti Benefits

• Enhanced Security: Combines AI and human intelligence to detect and prevent identity fraud effectively.
• Regulatory Compliance: Assists businesses in meeting global KYC and AML regulatory requirements.
• Improved User Experience: Provides swift and seamless verification processes, reducing user friction during onboarding.
• Global Reach: Enables businesses to verify users from over 240 countries and territories, supporting international expansion.
• Customizable Solutions: Offers tailored verification flows to meet specific business needs and industry requirements.

Use Cases

• Financial Services: Banks and fintech companies can streamline customer onboarding while ensuring compliance with financial regulations.
• Cryptocurrency Platforms: Exchanges and wallets can verify user identities to comply with AML and KYC regulations.
• E-commerce: Online marketplaces can authenticate sellers and buyers to prevent fraud and build trust
• Gaming and iGaming: Operators can verify player identities and ages to comply with regulatory requirements and prevent underage access.
• Healthcare: Medical service providers can confirm patient identities to secure sensitive health information.
• Travel and Hospitality: Hotels and travel agencies can authenticate customer identities for secure bookings and check-ins.