Shufti "introduces" full cycle AMLR with unified compliance platform. The new platform combines IDV, fraud detection, AML monitoring and compliance management. Shufti has introduced a full lifecycle compliance platform in preparation for the EU Anti‑Money Laundering Regulation (AMLR) ahead of its July 10, 2027 start date. The AMLR will replace 27 national AML/CFT regimes as the new EU‑wide rulebook is overseen by the new Anti‑Money Laundering Authority, which raises regulatory expectations and the standard of proof required from obliged entities. Firms will also be required to accept EU Digital Identity Wallet credentials once they become available in late 2026. Shufti says its platform maps each AMLR requirement to an operational step and delivers them through a single in‑house technology stack. It offers remote onboarding at eIDAS‑grade, including NFC chip reading, facial matching and passive liveness detection. Qualified electronic signatures are integrated directly into the verification flow and there’s continuous KYB and UBO re‑verification across more than 100 registries.
Source: www.biometricupdate.com