Financial Crime World

Mali: Shufti Pro Offers Real-Time Identity Verification Solution Amid Rising Concerns Over Cybersecurity Threats

Combating Identity Theft and Fraud in Mali

In a move to combat identity theft and fraud in the West African nation, Shufti Pro has announced its real-time KYC (Know Your Customer) solution for Mali. This cutting-edge technology enables businesses to verify customer identities in seconds, providing an additional layer of security against online threats.

Compliance with FATF Guidelines and GIABA Regulations

According to FATF guidelines and GIABA regulations, financial institutions and businesses operating in Mali must implement robust anti-money laundering (AML) measures to prevent the misuse of their services. Shufti Pro’s solution is designed to help organizations comply with these regulations while streamlining customer onboarding processes.

Advanced Identity Verification System

Shufti Pro’s real-time identity verification system can detect a range of anomalies, including:

  • Photoshopped or tampered documents
  • Crumpled or folded edges
  • Blurriness or exposure
  • Verifies holograms, rainbow prints, and font styles to ensure the authenticity of identification documents such as:
    • ID cards
    • Passports
    • Driving licenses
    • Credit/debit cards

High Accuracy OCR Technology

The company’s technology uses advanced Optical Character Recognition (OCR) capabilities to extract characters from French-language documents with an accuracy rate of 98.67%.

Global Solution for Businesses Across Industries

Shufti Pro’s solution is truly global, catering to businesses across various industries, including:

  • Banks
  • E-commerce platforms
  • Ride-sharing services
  • Online service providers

Advanced AML Screening

In addition to its identity verification services, Shufti Pro offers advanced AML screening for Malian businesses, leveraging global watch lists and updating its data every 15 minutes. This ensures that organizations can identify high-risk clients and prevent fraudulent transactions.

Seven-Day Free Trial Offered

The company is now offering a seven-day free trial for businesses interested in implementing its KYC and AML solutions. For more information, please visit [Shufti Pro’s website].