Title: Shufti Pro Introduces Instant KYC Solutions in Bermuda for Businesses
Overview
Shufti Pro, a leading identity verification solution provider, now supports KYC (Know Your Customer) services for Bermuda businesses following the guidelines set by the Bermuda Monetary Authority (BMA) and Financial Intelligence Agency. With this integration, Bermuda businesses can now verify identities and comply with KYC regulations in seconds.
Key Features
Shufti Pro’s KYC solution simplifies the verification process by integrating its system into business platforms with just a few lines of code. The system supports the verification of various documents, including:
- Passports
- Driving licenses
- Credit/debit cards
Document Verification
Passport Verification
Shufti Pro’s passport verification technology checks the authenticity of Bermuda passports issued by the Department of Immigration. It verifies:
- Name
- Date of birth
- Expiration date
The system also checks security features like holograms, rainbow prints, and MRZ, ensuring the document is not fake or tampered. It detects photoshopped or forged images and identifies blurriness or exposure.
Driving License Verification
Shufti Pro’s driving license verification covers Bermuda driving licenses issued by the Transport Control Department. It checks for accuracy of format, crumpled or folded edges, and authenticity by verifying:
- Holograms
- Rainbow prints
- Document clarity
The system also detects photoshopped or tampered cards.
Credit/Debit Card Verification
Shufti Pro’s KYC solution also verifies credit and debit cards. It checks the following:
- Name
- Expiration date
- Card number
The system verifies holograms, rainbow prints, checks for accuracy of format, and identifies photoshopped or forged cards. It also detects blurriness or exposure.
How It Works
Shufti Pro’s identity verification system works using the following features:
- Document Verification
- Data Extraction
- Face Verification
- Verification Status
- Address Verification
- 2FA Authentication
- Consent Verification
- AML Screening
These features help businesses prevent fraud, identity theft, and chargebacks while improving customer onboarding processes.
Industrial Applications
Shufti Pro’s services are available to businesses across various industries, including banks, e-commerce, e-payments, ride sharing, and online service providers. Its AML (Anti-Money Laundering) screening services help identify high-risk clients and improve client onboarding with faster PEP (Politically Exposed Persons) screening and real-time sanction list monitoring.
Benefits for Businesses
Shufti Pro’s KYC solution enables digital processes, reduces manual labor, and ensures secure transactions while complying with the necessary regulations. Interested businesses can sign up for a free 7-day trial.