Here is the rewritten article in Markdown format:

Blockchain and Anti-Money Laundering Solutions in Cape Verde

In a bid to combat financial crimes and promote transparency, Cape Verde has been at the forefront of implementing anti-money laundering (AML) measures. In this regard, blockchain technology has emerged as a powerful tool in enhancing AML compliance for businesses operating in the country.

Shufti Pro: The Pioneering Identity Verification Solution

Shufti Pro, a leading identity verification and AML solution provider, has announced its presence in Cape Verde with real-time KYC (Know Your Customer) services. The company’s cutting-edge technology enables businesses to verify customer identities quickly and accurately, reducing the risk of fraudulent activities.

Compliance with International Standards

Shufti Pro’s AML solutions are designed to comply with international standards set by:

Financial Action Task Force (FATF)
Group of Countries in the Gulf Cooperation Council (GABAC)
Office of Foreign Assets Control (OFAC)
Other relevant watch lists

The company’s API utilizes global watch-lists, ensuring that businesses operating in Cape Verde can rest assured that their AML compliance is robust.

Real-time Document Verification

Shufti Pro’s advanced document verification capabilities enable businesses to verify a range of documents, including:

National identity cards
Passports
Driving licenses
Credit/debit cards

The company’s proprietary technology detects tampered or forged documents with ease, ensuring that customer identities are verified accurately and efficiently.

Address Verification and 2FA Authentication

In addition to document verification, Shufti Pro offers:

Address verification services to prevent fraudulent transactions and ensure accurate customer locations
2-factor authentication (2FA) solutions for businesses seeking to enhance their security measures

Shufti Pro’s consent verification services enable businesses to verify customer consent in real-time, reducing the risk of unauthorized transactions. The company’s AML screening services are designed to:

Identify high-risk clients
Improve client onboarding with faster PEP (Politically Exposed Person) screening and real-time sanction list monitoring

Cape Verde’s Growing Financial Hub

As Cape Verde continues to grow as a financial hub in West Africa, the need for robust AML solutions has never been more pressing. Shufti Pro’s blockchain-based AML solutions are designed to meet this need, providing businesses with a trusted and secure way to verify customer identities and detect potential fraudulent activities.

Conclusion

In conclusion, Shufti Pro’s entry into Cape Verde marks an important milestone in the country’s efforts to combat financial crimes and promote transparency. With its advanced identity verification and AML solutions, the company is poised to play a key role in shaping the future of fintech in Cape Verde.