From: RegTech Analyst
Identity verification service provider Shufti Pro will provide loot box site Drakemall with its customer verification services.
The partnership is set up to enable Drakemall to onboard customers securely and swiftly. The loot box site is set up to enable customers over the age of 18 to buy their services via credit cards, PayPal and other payment solutions.
As a result, Drakemall recognised that it needed to minimise the risk of financial and non-financial fraud, which is why it turned to Shufti Pro.
Shufti Pro is now providing real-time know your customer (KYC) services to Drakemall through its document verification solution.
“We are delighted to aid Drakemall in automating their KYC and fraud prevention processes,” said Victor Fredung, CEO of Shufti Pro. “Shufti Pro helped them to address their several security needs with one solution. Our global KYC screening solution will provide an efficient risk cover along with a seamless onboarding experience to their customers.”
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