Shufti Pro and Securrency Come Together for Reliable FinTech Solutions
Securrency will be availing KYC services & AML Screening solution from Shufti Pro to deter identity fraud and deny service to users carrying significant financial risk. As a financial services company that has leveraged the benefits of blockchain for launching end-to-end conventional investment services, Securrency wanted to make their platform free of online scams and also achieve regulatory compliance and to accomplish that goal, they found an ideal service provider in Shufti Pro.
London, UK — Productive negotiations have led to a breakthrough of a partnership between Shufti Pro and Securrency for the latter to receive automated KYC services.
In the landscape of investment banking solutions, Securrency has emerged as an innovative solution as the company has integrated traditional financial instruments with modern blockchain-based securities. The regulatory requirements on cryptocurrencies are becoming more stringent as their predominance in the financial market increases. Securrency is driven by the same idea; that is to deliver a reliable and secure crypto platform for issuing security tokens and providing a compliance framework for companies at the same time.
Securrency primarily operates as a bridge to connect legacy financial systems with modern blockchain technologies. They provide a platform for investment banking services through a secure, compliance-focused infrastructure that leverages blockchain to streamline all securities transactions and reporting. Securrency is focused on the transition of end-to-end conventional investment services to the blockchain. A centerpiece of this strategy is the implementation of a KYC and AML service that reaches all investors globally and meet the highest standards enforced by financial regulators across the globe.
Shufti Pro’s diverse portfolio of KYC services presented itself as a comprehensive solution for the implementation of a robust compliance framework. Their ability to provide a combination of human and artificial intelligence based KYC analysis sets Shufti Pro apart from others, and provide Securrency a scale advantage as a financial services infrastructure provider
Shufti Pro CEO Victor Fredung welcomed the partnership by saying, “Shufti Pro’s diverse client portfolio and thus its ability to provide services to a diverse client base enables us to present innovative solutions for companies like Securrency. This partnership has been fruitful for both the companies as Shufti Pro provides the best KYC verification services in a record time of under a minute. Same goes for our AML screening checks. Securrency was, therefore, able to build a safe and compliance regulated platform for clients using verification services from Shufti Pro.”
Dan Doney, Chief Executive and Co-Founder of Securrency had the following to say about this partnership;
“We are delighted to be working with Shufti Pro, as their AI-powered Identity Verification services enable our platform to support financial services globally. Specifically, their OCR capability across languages enables us to process documents globally to verify identity, residence, and other investor qualifications. Strong identity proofing and attribute verification is the basis for regulatory compliance in any jurisdiction. Shufti Pro’s services support our focus on enabling regulatory compliance and protecting investors and issuers against online identity fraud and digital scams. Shufti Pro’s firm commitment to regulatory guidelines, such as GDPR, also made quite easy our decision to incorporate their leading identity services into our platform.”
Securrency’s goal is to provide global access to sophisticated financial services by bridging traditional and modern financial securities technologies. Shufti Pro’s real-time identity verification services and AML screening checks enabled them to do just that. With its universal language support, Shufti Pro is able to verify and vet users from over 230 countries. This capability allows Securrency to reach out to a global clientele and thus provide a secure yet simple platform for both the regular financial service industry and cryptocurrency traders.
About Shufti Pro
Shufti Pro is an emerging name in ID verification services. The goal of the company is to enable its clients with seamless customer experience, fraud prevention and undeterred revenue generation. The company offers state of the art SaaS, which engages Artificial Intelligence and Human Intelligence to provide ID verification services. Businesses can now conduct easy digital verification processes with lesser friction and more advanced technology. Currently offering its services for all countries of the world along with Universal Language Support, the company is located in the United Kingdom with its global office in Sweden.
Founded in 2015, Securrency enables regulated financial institutions’ transition to a digitized and distributed future of finance, providing secure, efficient, and regulatory-compliant ways to create, issue, track, and transfer mainstream financial assets across networks and platforms. It is comprised of more than 80 full-time professionals, with offices in Washington DC, Abu Dhabi, UAE, and footprints in London, Dubai, New York, and Southern California. https://www.securrency.com/
Name: Damien Martin
Company: Shufti Pro
Phone: +44 01225 290329
Address: Unit C401, Westfield Shopping Center, Ariel Way W12 7FD
Location: London, United Kingdom