Financial Crime World

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St. Lucia’s Fintech Industry Boosted by Shufti Pro’s Real-Time KYC & AML Solutions

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In a move aimed at strengthening trust and reducing financial risks in St. Lucia, Shufti Pro has launched its real-time Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions for the island nation.

Cutting-Edge Identity Verification System

Shufti Pro’s cutting-edge identity verification system enables businesses to verify customer identities in seconds, leveraging advanced technologies such as facial recognition, document scanning, and data extraction. With Shufti Pro’s KYC solution, organizations can now onboard new customers quickly and securely, while ensuring compliance with international regulations.

AML Solutions Under FATF Guidelines

Shufti Pro’s AML solutions are designed to help St. Lucia-based businesses identify high-risk clients, improve client onboarding, and monitor real-time sanction lists. The company uses global watch-lists and updates its AML source data every 15 minutes to ensure accuracy and effectiveness.

  • Designed to comply with Financial Action Task Force (FATF) guidelines
  • Identifies high-risk clients and improves client onboarding
  • Monitors real-time sanction lists

Document Verification Services

Shufti Pro offers document verification services for various documents issued in St. Lucia, including:

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

The company’s advanced algorithms can detect fakeness, tampering, or forgery of these documents with precision.

How It Works

Shufti Pro’s system consists of six distinct ID verification services:

  1. Facial verification
  2. Document verification
  3. Address verification
  4. 2FA authentication
  5. Consent verification
  6. AML screening

These services enable businesses to verify customer identities in real-time, reducing the risk of fraud and identity theft.

Global Reach

Shufti Pro’s KYC and AML solutions have been designed to cater to the needs of businesses operating globally. With its presence in over 230 countries and territories, Shufti Pro has become a trusted partner for organizations seeking to digitize their customer onboarding process while ensuring regulatory compliance.

Try It Now

Businesses interested in exploring Shufti Pro’s real-time KYC & AML solutions can sign up for a free trial today. With its user-friendly interface and seamless integration, Shufti Pro is poised to revolutionize the fintech industry in St. Lucia.