Morpho Labs partners with Shufti Pro for KYC/AML-compliant ID checks

Wednesday 3 November 2021 14:23 CET | News

France-based fintech startup Morpho Labs has selected UK-based digital identity verification platform Shufti Pro for KYC and AML checks on cryptocurrency investors.

Automated ID verification solutions offered by Shufti Pro will monitor Morpho Labs’ investors, assuring the mitigation of financial frauds through cryptocurrencies. Shufti Pro’s AML screening solution verifies the crypto users by screening them against Politically Exposed Person (PEP) lists, global sanctions, and criminal watch lists gathered by regulatory bodies such as FINTRAC, FATF, AUSTRAC along with others.

AI-based identity verification solution provider Shufti Pro currently offers ongoing AML monitoring and KYC services to more than 500 businesses worldwide, in industries including finance, banking, crypto, and fintech among others.

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Keywords: digital identity, identity verification, startup, KYC, AML, FATF, artificial intelligence
Categories: Fraud & Financial Crime
Countries: France
This article is part of category

Fraud & Financial Crime

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