Shufti Pro

What is Shufti Pro?

Shufti Pro is one step ahead in ensuring KYC/AML compliance without increasing customer drop-offs. Real-time identity verification will make it easy for businesses all over the world to onboard more customers with many higher efficiencies.

Shufti Pro: Key Features & Benefits

Shufti Pro includes a number of features that can address various needs of users. This includes:

• 
  Complying with KYC/AML:
  
  It keeps the businesses in compliance with official regulations with no hassle.
• 
  Real-time Identity Verification:
  
  Customer identity verification in real time, enhancing queue time.
• 
  Prevention of Customer Drop-off:
  
  Smoothen the onboarding process to reduce customer drop-offs.
• 
  Global Business Applicability:
  
  No matter where a company is located in the world, it can be put in use.

Advantages of using Shufti Pro are huge. It helps a business stay regulatory compliant and, at the same time, increases customer experience owing to quick and reliable identity verification. Its ability to prevent customer drop-offs ensures higher conversion rates, hence being very valuable for businesses.

Use Cases of Shufti Pro

Following is the varied application in which Shufti Pro can be utilised:

• It enables real-time verification of the identity of your customers to make sure that the person on the other side is the one he/she claims to be.
• Helps companies meet all KYC/AML laws.
• Preventing Customer Drop-offs: Seamless onboarding process avoids customers dropping off in between.

Industries That Can Use Shufti Pro:

• Financial Institutes
• Payment Processors
• Crypto Exchanges
• Marketplaces

Specific User Groups to Benefit from Shufti Pro:

• Compliance officers
• Risk Managers
• Onboarding specialists
• Identity verification teams.

Shufti Pro

Shufti Pro may be used by following the given procedure:

1. 
   Signup:
   
   Sign up with Shufti Pro.
2. 
   Integration:
   
   Integrate Shufti Pro with prevailing systems through their APIs.
3. 
   Configuration:
   
   Configure the settings for your needs.
4. 
   Verification:
   
   Start verifying your customers in real time.

For optimized performance, it is best that your setup is at par with the respective industrial policies. It has a smooth UI, which means novices can easily find their way around it.

How Shufti Pro Works

Shufti Pro uses some pretty high-end technology to provide its services. It uses AI and machine learning algorithms for verification of identity. This involves:

• 
  Data Collection:
  
  The tool gathers essential data from the customer.
• 
  Analysis:
  
  The algorithms review the information presented through the system.
• 
  Verification:
  
  Information provided in real-time to verify one’s identity.

All this is within a workflow executed in real time, hence fast and efficient means of verifying identities, therefore improving user experience.

Pros and Cons of Shufti Pro

Like any tool, Shufti Pro has a number of pros and cons:

Pros:

• Ensures KYC/AML compliance without any hassle.
• Reduces drop-offs since the onboarding process is highly streamlined.
• Global applicability makes it versatile for application to various kinds of businesses.

Cons:

• May require technical experience during the initial integration.
• The cost could be out of the reach of smaller businesses.

Most users said that Shufti Pro works effectively and is very reliable. Some users have said that technical support is needed when it is being integrated. The pricing options are many, with variants depending on the demands coming from businesses. Exact pricing is provided upon contacting its sales directly. In a nutshell, this platform does provide good value for money compared with most competitors with an exhaustive feature list and applicability across the globe in mind.

Conclusion about Shufti Pro

Basically, Shufti Pro is a very robust tool on which reliance can be placed in terms of KYC/AML compliance, let alone the customer onboarding process. It does provide real-time verification of identities and works all over the world. As noted above in this review, its setup requires some technical knowledge, though the advantages it offers compensate for this setback. Future updates and enhancements are equally awaited to make this tool friendlier and more functional.

Shufti Pro FAQs

Frequently Asked Questions:

• 
  What industries can use the services offered by Shufti Pro?
  
  The financial institutions, payment processing companies, cryptocurrency exchanges, and online marketplaces.
• 
  Is Shufti Pro globally compliant?
  
  Yes, it is designed according to the KYC and AML regulations around the world.
• 
  How much time does identity verification take?
  
  The verification takes place in real-time and hence requires almost zero time.

Troubleshooting Tips:

• 
  Integration Issues:
  
  In the integration issue, API keys must be correctly set.
• 
  Verification Failures:
  
  In case of verification failure, the data captured from the customer is to be accurate.