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Know Your Customer (KYC) Solutions in Puerto Rico: Shufti Pro Leads the Way

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In a bid to strengthen its position as a leader in identity verification solutions, Shufti Pro has announced its expansion into the Puerto Rican market. The company’s real-time KYC and anti-money laundering (AML) solutions are now available to businesses operating in Puerto Rico.

KYC Services for Puerto Rico: What You Need to Know

Shufti Pro’s KYC services for Puerto Rico cater to the unique needs of local businesses, providing a robust identity verification solution that meets the guidelines set by the Financial Action Task Force (FATF) and Office of Foreign Assets Control (OFAC).

Documents Verified

The company verifies a range of documents, including:

  • ID cards issued by the State Elections Commission of Puerto Rico
  • Passports issued by Departamento de Estado
  • Driving licenses issued by the Department of Public Transport
  • Credit and debit cards

Shufti Pro’s advanced technology uses AI-powered image processing to verify the authenticity of these documents in real-time.

How It Works

The company’s identity verification system works as follows:

  1. Document Verification: Shufti Pro scans and verifies the document, checking for accuracy of format, detection of crumpled or folded edges, and more.
  2. Data Extraction: The system extracts relevant data from the verified documents.
  3. Face Verification: Next-generation facial recognition technology is used to verify the identity of individuals in real-time.
  4. Verification Status: A comprehensive verification report is generated, providing businesses with a clear picture of their customers’ identities.

AML Solutions for Puerto Rico

Shufti Pro’s AML solutions for Puerto Rican businesses help identify high-risk clients, improve client onboarding with faster PEP screening, and real-time sanction list monitoring.

Start Your Free Trial Today!

Businesses operating in Puerto Rico can now experience the benefits of Shufti Pro’s KYC and AML solutions firsthand. Sign up for a 7-day free trial to discover how our advanced identity verification system can help you streamline your business operations, reduce fraud, and increase conversions.

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