Financial Crime World

Title: Shufti Pro: Swift KYC and AML Solutions for Mongolian Businesses

Boosting Mongolia’s Financial Landscape with Real-Time Identity Verification and Compliance Services from Shufti Pro

Shufti Pro, a premier identity verification and Anti-Money Laundering (AML) solutions provider, is now expanding its services to Mongolia. Mongolian businesses can now benefit from Shufti Pro’s KYC (Know Your Customer) and AML screening services to ensure compliance with regulations set by the Financial Action Task Force (FATF), APG, and OFAC.

Shufti Pro’s Comprehensive Identity Verification Services

Shufti Pro offers Mongolian businesses services to cover various identity documents:

  1. Mongolian ID cards: Shufti Pro verifies document accuracy, holograms, rainbow prints, and detects photoshopped or tampered cards.
  2. Passports: The service checks MRZ data, fonts, holograms, and looks for crumpled edges and blurry images.
  3. Driving licenses: These documents are checked for accuracy, hologram verification, and detection of photoshopped documents.
  4. Credit/debit cards: Shufti Pro’s verification system checks for the card’s name, expiration date, issue date, and format.

Businesses can easily integrate these services with a few lines of code on their platforms or websites for quick and painless customer onboarding.

Advanced Features for Enhanced Fraud Protection and Identity Verification

Shufti Pro’s online identity verification solution includes advanced features that aim to minimize identity theft, protect against false deliveries, and provide accurate verification of end-users:

  1. Facial recognition: Remote authentication via facial recognition
  2. Document authentication and verification: Across all 21 provinces
  3. Address verification: To ensure accuracy and prevent fraud
  4. 2FA (Two-Factor Authentication): For added security
  5. Consent verification: To comply with privacy regulations
  6. AML screening: To help businesses comply with FATF guidelines and protect against potential threats

Target Industries

Shufti Pro’s KYC and AML solutions target various industries, including:

  1. Banks
  2. E-commerce
  3. E-payments
  4. Ride-sharing
  5. Online service providers.

Get Started with a Free 7-day Trial

Start your trial with Shufti Pro today and enjoy a free 7-day trial. This collaboration will help establish trustworthy business relationships and provide a superior customer experience in Mongolia.

About Shufti Pro

Shufti Pro is a leading global Identity Verification and KYC solutions provider, offering APIs that can be effortlessly integrated into businesses to verify customers and onboard them seamlessly. Shufti Pro covers 230+ countries and territories and 150+ languages, making it a versatile and reliable choice for businesses worldwide.