Case Study: Egemoney achieves 50% reduction in onboarding delays with Shufti Pro

How Shufti Pro Helped Egemoney Reduce 50% Onboarding Delays

Egemoney, a Turkey-based cryptocurrency exchange and investment platform, faced growing regulatory and operational challenges as manual KYC/AML processes created onboarding delays, higher analyst workloads, and security risks. To scale securely and comply with strict industry standards, Egemoney engaged Shufti Pro for automated identity verification and compliance services.

Shufti Pro integrated its AI-powered IDV and KYC/AML suite (including document and face verification, risk and fraud assessment, duplicate detection and liveness checks) into Egemoney’s systems, enabling identity validation in about 30 seconds with a reported 99.77% accuracy. The implementation cut onboarding delays by 50%, increased onboarding throughput by 50%, onboarded 30,000 new users, reduced registration abandonment by 20%, reduced fraud by 30% and reportedly prevented fraudulent transactions.

Egemoney