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Shufti Pro Launches Real-Time Know Your Customer Solution for Papua New Guinea

In a move aimed at enhancing financial transparency and security, Shufti Pro has launched its real-time Know Your Customer (KYC) solution for Papua New Guinea. The cutting-edge identity verification system is designed to help businesses in the country verify customer identities quickly and accurately.

Compliance with Regulatory Requirements

Shufti Pro’s KYC solution for Papua New Guinea verifies various identification documents, including:

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

The company’s advanced technology scans and authenticates these documents in real-time, detecting any tampering or forgery. The verification process checks for accuracy of format, detects crumpled or folded edges, and verifies holograms and rainbow prints.

Comprehensive Suite of Anti-Money Laundering Services

Shufti Pro’s KYC solution for Papua New Guinea is part of a comprehensive suite of anti-money laundering (AML) services designed to help businesses in the country comply with regulatory requirements. The company uses:

  • FATF guidelines
  • EU watch lists
  • OFAC sanctions
  • HMT sanctions
  • Interpol watch lists

Customer Due Diligence Services

In addition to verifying customer identities, Shufti Pro’s KYC solution also provides customer due diligence (CDD) services for Papua New Guinea businesses. This ensures that all customers are thoroughly vetted before any financial transactions take place.

Benefits of Shufti Pro’s Real-Time Identity Verification System

Shufti Pro’s real-time identity verification system is designed to help businesses in Papua New Guinea:

  • Streamline their customer onboarding process
  • Reduce manual labor
  • Prevent fraud and chargebacks
  • Verify customer identities in seconds

This makes it an ideal solution for e-commerce, e-payments, ride-sharing, and online services providers.

Learn More

To learn more about Shufti Pro’s KYC solution for Papua New Guinea, please visit [website URL].