Financial Crime World

Here is the rewritten article in Markdown format:

MALI: Shufti Pro Offers Real-Time KYC & AML Solutions for Banks in Mali

In a bid to strengthen anti-money laundering (AML) measures and comply with international standards, Shufti Pro has launched its real-time Know Your Customer (KYC) and AML solutions for banks in Mali. The company’s cutting-edge technology enables financial institutions to verify identities and authenticate documents in seconds, ensuring seamless customer onboarding and reduced risk of fraud.

KYC Services

Shufti Pro’s KYC services cater specifically to the Malian market, verifying a range of identification documents including:

  • ID cards
  • Passports
  • Driving licenses
  • Credit/debit cards

The company’s advanced algorithms can detect tampered, forged, or photoshopped documents with ease, providing financial institutions with a high level of accuracy and confidence in their customer verification processes.

Meeting International Standards

Shufti Pro’s KYC solutions are designed to meet the guidelines set by:

  • FATF (Financial Action Task Force)
  • GIABA (Inter-Governmental Action Group Against Money Laundering in West Africa)
  • OFAC (Office of Foreign Assets Control)

This ensures that financial institutions in Mali remain compliant with international AML standards. Shufti Pro’s technology also integrates seamlessly with existing systems, allowing banks to verify identities and authenticate documents in real-time.

Identity Verification System

Shufti Pro’s identity verification system is comprised of six distinct services:

  • Document verification
  • Data extraction
  • Face verification
  • Verification status
  • Facial recognition
  • Address verification

The company’s 2FA authentication feature ensures a frictionless customer onboarding process, while its consent verification service enables businesses to verify customer transactions in real-time.

AML Screening

AML screening is also an essential component of Shufti Pro’s services, allowing financial institutions to identify high-risk clients and prevent fraudulent activities. The company uses a range of watch lists, including:

  • FATF
  • EU
  • OFAC
  • HMT (Her Majesty’s Treasury)
  • Interpol
  • Others

to ensure that its AML services are comprehensive and effective.

Success in Mali

Shufti Pro has already demonstrated its capabilities in the Malian market, providing KYC and AML solutions to financial institutions across the country. With its advanced technology and commitment to compliance, Shufti Pro is poised to revolutionize the way banks operate in Mali, ensuring a safer and more secure environment for customers and businesses alike.

Learn More

For more information on Shufti Pro’s KYC and AML solutions for banks in Mali, please visit our website or contact our team of experts today.