Opal has entered into a strategic partnership with Shufti Pro to deliver a seamless customer experience during onboarding.
Opal delivers transparent, convenient, and low-cost payment solutions powered by robust technology. Global IDV provider, Shufti Pro offers award-winning KYC and AML solutions to banks and other financial institutions from around the world. The high accuracy rate of its identity verification services further fortifies the globally acclaimed KYB provider to cater to the needs of many businesses. Shufti Pro’s KYC solution verifies the identity of customers in real-time during customer onboarding that helps businesses to prevent identity theft, money laundering, terrorist financing, and other financial frauds.
The financial solution provider Opal that promises a convenient user journey has partnered with Shufti Pro to offer a pleasant experience to their customers. Opal can prevent the threats of money laundering and other financial scams by performing robust identity verification of customers in seconds. Shufti Pro’s IDV solutions are designed for businesses to comply with the regulations and avoid non-compliance penalties.
‘At Opal, we design our platform and user journey to cater especially to cross-border trade and businesses aspiring for international reach. Such international businesses bring complexity when it comes to KYC,” stated CEO and Co-founder of Opal, Lim Ming Wang. “Shufti Pro helps us ensure our customers experience a fuss-free pleasant experience at the onboarding stage. It set us up in the right direction to provide our customers with additional positive experiences when they subsequently perform their transactions with us.”
Victor Fredung, CEO of Shufti Pro said, “businesses like Opal that are committed to assisting SMEs in expediting business growth with its effective financial solutions need IDV solutions more than ever to fulfill their business goals. Providing a seamless identification process is a key pillar of our business offerings. Our automated solution will enable Opal to mitigate identity frauds that often occur with fast-growing businesses.”
