Blog
Difference between KYC and AML
The growing Fintech industry leads to an increased demand for KYC and AML compliance requirements...
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Blog
Top Five FinTech Industry Trends to Look For in 2021
Continuous advancements in technology have shifted the world toward digital means of communicatio...
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Blog
An Insight into Global Regulations for the Cryptocurrency Sector [2022 Update]
With emerging technologies continuing to proliferate faster and rapid digitization all around us,...
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Blog
Know Your Donor – Securing NPOs and Charities Through KYD/AML Solution
Emerging technologies and growing digitization have increased financial crime risks in Non-Profit...
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Blog, Identity & KYC, Online Marketplace
Importance of Identity Proofing for Facebook & Social Media
For years, social media has been used as a tool for increased connectivity. Both businesses, as w...
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Blog, Online Marketplace
12 Ways Identity Verification Services Helping Online Businesses
The online marketplace has a culminating presence in the business world. Worldwide e-commerce sal...
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Blog
Fighting Financial Crimes and Securing Gambling Services with Shufti’s AML Screening Solution
Historically, the measures to curb money laundering and terrorist financing had only been only im...
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Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector
Banks are considered a subset of the financial services industry and play the most crucial role i...
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Blog, Online Marketplace
Ride Sharing Services and ease provided by KYC Services
Ride Sharing services might be the hottest form of transportation especially in developed countri...
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5 Key Market Trends in Identity Verification
The year 2020 has caused a dramatic shift in the business industry and our way of living. The si...
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Fighting Fraud in Gaming & Gambling Industry with AML Screening Services
The online gaming sector is on the roll and is projected to surpass $172.23 billion by 2030. Irre...
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The Future of Customer Onboarding Post-COVID-19 Pandemic
The COVID-19 pandemic has changed our lives to the fullest and businesses have suffered a lot as ...
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Strengthening E-commerce Security with KYC Regulations
Facilitating customers to shop online, anytime and anywhere, eCommerce has revolutionised digital...
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Blog
Top 5 Cybersecurity Trends to Look Out for in 2022
With 2022 just around the corner, new developments in cybersecurity are already beginning to take...
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Blog, Reg Tech
How Identity Verification Services make Regulatory Compliance Easier?
Financial institutions and banks have ended up in a loop of dumping billions of dollars because o...
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Blog
The Dark Side of Digital Wallets and the Role of Crypto Monitoring
Cybercriminals have recently exhibited a keen interest in crypto theft, in some circumstances goi...
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Blog
Identity Fraud on Social Media Platforms – How Shufti Keeps Fraudsters at Bay
With almost 70% of the world’s population interacting through social media platforms, businesses ...
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Blog
Transforming the KYC Experience Using Automated Document Verification Checks
In 2021, reported fraud losses were $5.8 billion, a more than 70% rise in a single year. As ident...
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The Power of Robotic Process Automation in the Banking Industry
Entering into the fourth industrial revolution, business processes are shifted to the digital sph...
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Blog
ID Verification – What new KYC Services Shufti launched in 2018?
Shufti started 2018 with an aim to fight the menace of digital fraud, identity theft, and onl...
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Securing Identities with Photo ID Verification
ID verification has seen unprecedented growth not only in the processes but also in the crime com...
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Blog
Establishing trust in Open Banking through Identity Verification
Over the last few years, open banking is becoming an emanated global trend. This rising trend is ...
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Blog
The Crucial Role of Know Your Customer (KYC) in Gaming
The gaming sector has grown exponentially since the first arcade games of the 70s. Surpassing mus...
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Blog
Video KYC Verification | The Hassle-Free Process of Authenticating Identities
Digital onboarding these days is getting tougher for firms working and managing their business op...
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Blog
Identity Fraud on Social Media Platforms – How Shufti Keeps Fraudsters at Bay
With almost 70% of the world’s population interacting through social media platforms, businesses ...
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Know Your Investor (KYI) – Onboarding the Right Investors for Your Business
In today’s tech-driven world, financial operations are being transformed by emerging digital solu...
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Blog
KYC, KYB & KYT Tying the Loops for Identity Verification
Digital fraudulent activities are rising with every passing day, businesses are adopting reactive...
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Blog
Common Types of BNPL Fraud and the Role of KYC/AML Regulations
The Buy Now Pay Later (BNPL) services are growing rapidly. 42% of credit customers are interested...
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Blog, Online Marketplace
Social Media and Identity Theft Frauds
Imagine this: You get up in the morning and like most people; check your email. There you have an...
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Blog
Prevailing Crimes in Ride-Hailing Services – How Shufti can Make the Change
In the ride-hailing arrangements, passengers connect with drivers through cell phones or websites...
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Blog
Shufti’s Insights on Enhancing Customer Onboarding Experience
The digital world nowadays requires a lot of effort from businesses to ensure customer satisfacti...
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Blog
The Reality Behind Money Laundering through Environmental Crimes
Environmental crimes are among the most prevailing and profiting offenses present in the world. C...
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Blog, Identity & KYC
KYC and AML Compliance can help cryptocurrencies to earn legitimacy
Cryptocurrencies are currently limited in use by virtual currency enthusiasts or by lottery bidde...
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Blog
Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help
With transforming technologies, the use of cryptocurrency is skyrocketing, and a large number of ...
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Blog
Safeguarding Ride-Hailing Services with Identity Verification Solutions
With the global digitization, mobility services are known to the world before the pandemic has ir...
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Blog
The Real Cost of Convenience: Securing
E-Commerce in the Age of Instant Gratification
In just a few years, E-commerce has transitioned from a simple, modern convenience to the backbon...
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Blog
Understanding and Implementing Age Verification Requirements in Accordance with the FDA Deeming Rule
Youth is considered the most valuable asset for any country, and it is the government’s responsib...
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Blog, Identity & KYC
4 Reasons Why Brokerage Firms Need ID Verification?
According to Steve Grobman, Chief Technology Officer for McAfee, “The digital world has transform...
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Blog
Anti-Money Laundering (AML) Screening | Combat Online Gambling Scams Effectively
Online gambling has seen significant adoption in the past few years because of the convenience, v...
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Blog
OCR Reader | How Does it Streamline the IDV Process?
The unprecedented growth in business automation has created a competitive market where businesses...
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Blog
KYC Compliance – Identity Verification for Brokerage Companies & Trading Platforms
Online trading platforms provide businesses with the convenience to keep an eye on financial mark...
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Blog, Identity & KYC
Can Identity Verification Services be Cheated by Hackers?
The latest intervention in the industry of fraud prevention services is identity verification ser...
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Blog
OCR Solution: A Must-have for Every Business to Automate Workflows
Moving documents and files from one format to another is necessary during transactions and busine...
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Blog
Crypto Regulations 2021 – The Updated Compliance Regime in France
Within the last two years, France’ cryptocurrency landscape has experienced significant milestone...
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Blog
FATF’s High-Risk Jurisdictions [2022 Update] – How Business Can Comply
Paris-based global watchdog FATF (Financial Action Task Force) maintains lists of countries that ...
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Blog, Fraud Prevention, Online Marketplace
Why Digital KYC is Important for Insurance Fraud Prevention
KYC For Insurance Companies : Basically, a system that can carry out real-time identity verificat...
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Blog
Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification
With emerging technologies and rapid digitization, identity fraud has become quite common, raisin...
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Blog
Biometric Authentication – A Solution Against Fraud Detection
Biometrics technology is the way forward for identity verification services as they allow for qui...
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Blog
The UK, US & Singapore – A Spotlight on the Crypto Regulations
Non-compliance with anti-money laundering regulations has been an issue for the finance and crypt...
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Blog
Identity Verification vs Authentication: The Key Differences
Organisations today face significant concerns regarding data breaches and identity theft. Nearly ...
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Blog
Video KYC: Taking Traditional KYC to the Next Level
Know Your Customer (KYC) has undergone continuous evolution since its inception. Its purpose is t...
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Blog
How Will Simplified Due Diligence SDD Help Industries in 2024?
For businesses, the due diligence process is an integral part of the Know Your Customer programme...
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Blog
Top 10 Cybersecurity Trends for 2021
Cybersecurity in 2020 became the biggest challenge thanks to the COVID-19 pandemic. Global lockdo...
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Blog
The Most Common Cryptocurrency Scams and the Role of e-IDV
Cybercrimes and scams are rampant across the digital space, and cryptocurrency is no different. W...
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Blog
5 Best Practices to Combat Identity Fraud on Social Media Platforms
Social media has demonstrated extraordinary growth in the past decade as a result of improvements...
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Blog
Implementation of AML compliance – Challenges and fundamentals
With the advancement in security controls, financial businesses are becoming fraud and stress-fre...
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Blog
The UK “Children’s Code” – Laying New Grounds for Age Verification
A 12-month grace period for compliance with a set of standards, introduced for protecting childre...
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Anti Money Laundering, Blog, Financial Crime / AML
US Treasury opposes European Commission AML Country List
The European Commission has adopted a new list of 23 countries which lack appropriate framework f...
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Blog, Online Marketplace
e-KYC Services for Libraries
Have you ever had those series of events that leave you shaking your head? That makes you believe...
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Blog
Third-party Due Diligence – Red Flags, Regulations and 5 Ways to Enhance It
The majority of businesses depend upon a third-party in one way or the other. Contractors, suppli...
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Blog
Is NFC Really the Future? The Mystery Solved!
We arguably live in a world that is now dependent on technology. From online payments to online e...
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Blog
KYC Analysts: The First Line of Defense Against Identity Theft and Fraud
An upsurge in financial transactions has led to heightened money laundering risks and terrorist f...
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Blog
KYC ID Verification – A Critical Component for Securing Online Dating Activities
Social manipulation in online dating platforms targets numerous users and their personal informat...
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Blog
Case Study: How Shufti anchors Rapid Global Expansion for BigCash, a Popular Gaming Technology Platform
Witzeal Technologies, India’s leading gaming platform BigCash, with its 40 million+ users and 1.5...
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Blog, Business Technology, Financial Crime / AML, Identity & KYC
AML Technology Eradicating the Perils of Money Laundering
In the past few years, we have seen a substantial increase in the number of legislations regardin...
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Blog
Understanding False Positives in AML Transaction Monitoring
Financial institutions such as banks, neo-banks, insurance companies, investment companies, finte...
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Blog
First-party, Second-party and Third-party Frauds – How to Stop them?
Most businesses don’t lose customers because of poor services but due to weak security measures. ...
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Blog
10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA)
One of the prime concerns of businesses today is detecting and mitigating the risk of fraud. This...
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Blog
How Artificial Intelligence is taking ID verification to the next level?
Identity theft is deemed as a growing problem. Particularly with the increase in online shopping,...
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Blog
Top 7 COVID-19 Related Scams and Frauds to Look For in 2021
It has been more than a year since the COVID-19 pandemic took the world by storm. Where the globa...
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Blog
Online Identity Verification – The Hallmark of Surviving the Digital Upheaval
Embracing the digital world seems like entering uncharted waters where the challenges are novel, ...
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Blog
E-KYC – The Next Step in the Evolution of KYC Verification
As the world shifts to digital applications, financial operations are being automated for added c...
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