Shufti Pro’s Real-Time Identity Verification System Now Available for Palauan Businesses

Shufti Pro, a prominent online identity verification platform, announces the launch of its Know Your Customer (KYC) services in Palau. This move enables businesses in the Pacific island nation to smoothly integrate Shufti Pro’s swift and secure identity verification system into their websites or applications.

Swift and Secure KYC Processes

• Compliance with Anti-Money Laundering (AML) regulations
• Essential components for Palauan businesses
  • Passport verification
  • Driving license verification
  • Credit/debit card verification
  • Document authentication

Passport Verification

• Comprehensive checks: names, dates of birth, and expiry dates with Machine Readable Zones (MRZ)
• Detect forged or tampered passports
• Verify holograms and rainbow prints

Driving License Verification

• Accuracy checks
• Edge detection
• Hologram verification
• Supports all driving licenses issued by the Bureau of Public Safety in Palau’s 16 states

Benefits for Palauan Businesses

• Seamless user onboarding
• Reduced manual labor
• Prevention of identity theft and chargeback fraud
• Increased conversions and revenue

Additional Services Offered

• Facial recognition
• Document authentication
• Address verification
• 2-factor authentication

Industries Served

• E-payment companies
• Ride-sharing services
• Banks
• Online service providers

Advanced Technology Features

• Next-generation facial recognition
• Real-time document authentication
• OCR support for English and Palauan languages

Accuracy and Compliance

• 98.67% accuracy rate
• Free seven-day trial
• Helps businesses of all sizes efficiently verify customers’ identities
• Adheres to strict data protection policies

By integrating Shufti Pro’s advanced KYC and AML solutions, Palauan businesses can streamline the client onboarding process. Protect your digital transactions against fraud and ensure international regulatory compliance. Sign up now for a free seven-day trial!