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Digital Identity Verification Takes Center Stage in Bangladesh
In a bid to curb financial crimes and enhance customer trust, the Government of Bangladesh has been pushing for robust digital identity verification measures. Amidst this backdrop, technology firms have stepped up their game, offering cutting-edge solutions that can authenticate identities and facilitate compliance with anti-money laundering (AML) regulations.
Shufti Pro Leads the Charge
At the forefront of this movement is Shufti Pro, a global identity verification firm that has set its sights on Bangladesh. The company boasts an impressive array of services, including real-time Know Your Customer (KYC), Anti-Money Laundering (AML), and Business Entity Verification.
Compliance Made Easy
Shufti Pro’s technology is designed to streamline compliance processes for businesses operating in Bangladesh. By leveraging the firm’s expertise, companies can effortlessly verify identities, detect potential money laundering risks, and enhance customer trust.
KYC Services: A Game-Changer
The company offers a comprehensive KYC suite that encompasses:
- Identity verification
- Address verification
- Facial recognition
- 2FA authentication
- Consent verification
- AML screening
This allows businesses to onboard customers quickly while maintaining the highest standards of security and compliance.
Bengali Language Support
Shufti Pro has taken a significant step forward by introducing Optical Character Recognition (OCR) for Bengali language with an impressive accuracy rate of 98.67%. This move is expected to significantly ease compliance requirements for businesses operating in Bangladesh.
AML Screening: Protecting Businesses and Customers Alike
The company’s AML services are designed to help Bangladeshi businesses identify high-risk clients, improve client onboarding, and monitor real-time sanction lists. Shufti Pro utilizes global watchlists, including those from:
- FATF
- EU
- OFAC
- HMT
- Interpol
to provide a robust AML screening solution.
A Trusted Partner in Digital Identity Verification
Shufti Pro has established itself as a trusted partner for businesses seeking to enhance customer trust and streamline compliance processes. With its cutting-edge technology and commitment to excellence, the company is poised to play a significant role in shaping Bangladesh’s digital identity verification landscape.
Get Started with Shufti Pro Today!
Don’t miss out on this opportunity to take your business to the next level. Sign up for a 7-day free trial now and experience the power of Shufti Pro’s digital identity verification solutions firsthand.