Financial Crime World

Here is the rewritten article in markdown format:

Shufti Pro Offers Real-Time KYC Services for Swedish Businesses

In an effort to combat money laundering and terrorist financing, Shufti Pro, a leading identity verification provider, has launched its real-time Know Your Customer (KYC) services for Swedish businesses. The company’s advanced system enables financial institutions and e-commerce companies operating in Sweden to verify their customers’ identities quickly and accurately.

Compliance with Anti-Money Laundering Regulations

Under the guidelines of the Financial Action Task Force (FATF), Shufti Pro’s KYC solution is designed to help Swedish businesses comply with anti-money laundering (AML) regulations. The platform uses a combination of six distinct ID verification services, including:

  • Facial recognition
  • Document authentication
  • Address verification
  • Two-factor authentication
  • Consent verification
  • AML screening

ID Verification Services

The company’s system can verify various types of identification documents commonly used in Sweden, including:

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

Shufti Pro’s advanced technology checks for accuracy, detects tampered or forged documents, and verifies holograms and rainbow prints to ensure the authenticity of the ID.

AML Services

Shufti Pro’s AML services are designed specifically for Swedish businesses, providing real-time screening against global watch lists and sanction lists. The company uses FATF, EU, OFAC, HMT, Interpol, and other relevant watch lists to identify high-risk clients and prevent fraudulent activities.

Benefits of Shufti Pro’s KYC Services

By integrating Shufti Pro’s KYC services into their operations, Swedish businesses can:

  • Streamline the customer onboarding process
  • Reduce manual labor
  • Prevent fraud and chargebacks
  • Increase conversions

Free Trial Offer

The company offers a 7-day free trial for businesses looking to integrate its advanced identity verification system into their operations.

By choosing Shufti Pro’s real-time KYC services, Swedish businesses can strengthen trustful business relationships and comply with FATF standards while reducing the risk of money laundering and terrorist financing.