Financial Crime World

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Peru’s Banks Get a Boost in Identity Verification with Shufti Pro’s Real-Time KYC Solution

Lima, Peru - A Step Towards Enhanced Identity Verification and Combatting Financial Crimes

In an effort to enhance identity verification and combat financial crimes, Peru’s banking sector has welcomed Shufti Pro’s cutting-edge real-time Know Your Customer (KYC) solution. The innovative technology enables banks to verify customer identities in seconds, thereby streamlining the onboarding process while reducing the risk of fraud.

Compliant with International Anti-Money Laundering and Counter-Terrorism Financing Standards

Under the guidelines of the Financial Action Task Force (FATF), GAFILAT, and OFAC, Shufti Pro’s KYC services for Peru ensure that financial institutions comply with international anti-money laundering and counter-terrorism financing standards. The company verifies various documents, including:

  • Peruvian identity cards
  • Passports
  • Driving licenses
  • Credit/debit cards

Advanced AI-Powered Technology for Accurate Document Verification

Shufti Pro’s advanced AI-powered technology detects tampered or forged documents, ensuring the accuracy of customer information. The system also checks for:

  • Holograms
  • Rainbow prints
  • Blurriness/exposure to confirm document authenticity

Simplifying Onboarding and Providing a Seamless User Experience

The company’s real-time KYC solution is designed to simplify the onboarding process while providing a seamless user experience. With Shufti Pro, banks can:

  • Reduce manual labor
  • Prevent fraud
  • Increase conversions
  • Minimize drop-offs

Additional Services for Enhanced Customer Due Diligence

In addition to document verification, Shufti Pro offers:

  • Facial recognition
  • Address verification
  • Two-factor authentication
  • Consent verification
  • Anti-money laundering (AML) screening services

The company’s AML solution uses FATF, EU, OFAC, HMT, Interpol, and other relevant watch lists to identify high-risk clients.

Commitment to Customer Due Diligence in Peru

Shufti Pro’s commitment to customer due diligence in Peru aligns with the country’s membership in GAFILAT, which promotes efficient measures for combating money laundering, terrorist funding, and other threats to the integrity of the international financial system.

Strengthening Trustful Business Relationships and Ensuring Regulatory Compliance

Banks in Peru can now leverage Shufti Pro’s advanced KYC solution to strengthen trustful business relationships and ensure compliance with regulatory requirements. To learn more about Shufti Pro’s real-time KYC services, visit their website or start a free trial today.