Blog
How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud
The advent of online businesses has brought a lot of convenience for customers using modern techn...
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Cross Border Digital Payments – Regulatory Regime and the Global Context
The world is moving towards smarter payments with technology trends picking up the pace in 2021. ...
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Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021
On 16 July 2021, the US Financial Services Task Force on Artificial Intelligence held a virtual h...
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Prevalent Crimes in Forex Industry – How Shufti Can Help in Mitigating Financial Crimes
Emerging technologies and digitization are transforming the investment sector, creating opportuni...
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How ID Verification can Help you Boost your Revenue in 2019?
For years now banks have been using laid back and inconvenient methods for ID verification of cus...
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Understanding Digital Identity
What is Digital Identity?
In the digital world, your identity is made up of your p...
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Five Things you Need to Know About Shufti’s Digital Identity Verification
The growing digital fraud, stringent KYC and AML regulations put in place, and the increasing bur...
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AML Compliance in High-End Vehicle and Yacht Sales
High-end vehicles and expensive properties are the universal status symbols that represent the ex...
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Blockchain and NFTs – Setting New Standards for Cybersecurity and Identity Management
Non-fungible tokens (NFTs) are an evolution over the emerging concept of cryptocurrencies. As fin...
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Artificial Intelligence, Blog, Fraud Prevention
The Role of Artificial Intelligence in the Future Of Financial Fraud Detection
Until a few years ago Artificial Intelligence seemed like a thing from sci-fi movies. The whole c...
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Identity verification in freelancing- no more smoke and mirrors
Freelancing platforms are rapidly growing. In 2017, around 57 million Americans were freelancing ...
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Impact of California Consumer Privacy Act on Online Businesses
California consumer privacy act has been revolutionizing consumer data regulations. The act was p...
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20 Facts and Statistics About the Global Finance Sector
The finance sector makes up around 20 to 25% of the global GDP. With the market capitalization re...
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Avoiding Billion-dollar Fraud & Non-Compliance Costs With Shufti
Businesses deplete millions of dollars each year on outdated technologies, employee training, and...
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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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Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping
The proliferation of online stores has radically transformed how people shop and greatly affected...
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Digital Identity Verification for Open Finance & FinTech Platforms
Financial applications in the modern world have been sub-categorized into open and closed banking...
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From Fraudsters to Artists – The Dire Need of AML Compliance for NFTs
Over the past few years, NFTs or Non-Fungible Tokens have become popular in the crypto sector. Ac...
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AML Compliance in the FinTech Industry’s Uncertain Regulatory Landscape
Financial technology (FinTech) exists to improve and automate the delivery of economical services...
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How to Use Shufti’s ROI Calculator to Justify Better Identity Verification Outcomes
As the pressure to grow profits intensifies, many companies are thinking proactively on how to ef...
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Blog, Identity & KYC
4 Know Your Customer (KYC) Strategies to adopt in 2019
Digital fraud haunted the cyberspace in 2018 with the majority of online frauds originating from ...
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AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance
With technology evolving every day, online gambling is one of the sectors that has revolutionized...
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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
The FinTech Industry: A Snapshot
What is FinTech?
Financial technology, known more commonly as FinTech, is a term that refers to t...
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Blog, Financial Crime / AML, Identity & KYC
All You Need To Know About KYC Compliance
Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...
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Blog
5 Industry Leaders Shared Their Insights on the Future of Biometrics
Modern technology has brought several conveniences to life. From the ease of working at home to s...
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Blog
How ID Verification can Help you Boost your Revenue in 2019?
For years now banks have been using laid back and inconvenient methods for ID verification of cus...
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Blog
20 Facts and Statistics About the Global Finance Sector
The finance sector makes up around 20 to 25% of the global GDP. With the market capitalization re...
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Risk Assessment – Helping Businesses Determine High-Risk Customers
The 2008 financial crash was a pivotal event in shedding light on the detrimental impact of lacki...
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The Ultimate KYC Checklist for 2023 to Ensure Regulatory Compliance
Non-compliance cost businesses billions of dollars. Regulators have charged financial firms with ...
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Know Your Business (KYB) | Ensuring Financial Security
The Know Your Business solution standard verifies a company’s legal standing and confirms i...
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Rising Concerns of Money Laundering and the Role of Global Financial Sanctions
Since 9/11, money laundering has become a global issue that has raised alarms for financial watch...
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Analyzing and Balancing the Variables of an Effective Identity Verification Solution
Today’s constantly transforming digital landscape where technology empowers businesses fast-paced...
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AML/CFT Regulations of Hong Kong: Paper Over Cracks?
On September 15, 2021, Hong Kong’s Securities and Futures Commission issued consultation conclusi...
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Fintech 2021 – A Brief Insight of Global KYC Regulations
Financial services are among the most heavily regulated sectors in the world, and the number one ...
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Blog
Digital Currency – Replacing Fiat Money in the Modern World
Technological advancements are leading to better transaction systems in different states. Cryptoc...
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Blog, Online Marketplace
How AI is Transforming Fraud Prevention in the Healthcare Industry
KYC For HealthCare: Fraud is so common that there is hardly any industry that hasn’t had to bear ...
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Blog
Rising Concerns of Money Laundering and the Role of Global Financial Sanctions
Since 9/11, money laundering has become a global issue that has raised alarms for financial watch...
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Blog
Identity Verification: A Bulletproof Vest Against Sharing Economy Fraud
Over the previous year, you might have observed how the world has become increasingly dependent o...
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Blog
AML/CFT Regulations of Hong Kong: Paper Over Cracks?
On September 15, 2021, Hong Kong’s Securities and Futures Commission issued consultation conclusi...
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Blog
How to Design an Effective Client Lifecycle Management (CLM) System with ID Verification
The customer journey with a business is very comprehensive. It does not end once the customer is ...
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Blog
Affiliate Fraud Detection | How to Prevent it in 2024
Affiliate marketing is growing at an exceptional rate, worth $17 billion by the end of 2023, and ...
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Blog
Case Study: Enhancing Security in Live-Streaming with Fast ID
A global social media company faced a critical challenge: preventing the misuse of its live-strea...
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Blog, Financial Crime / AML
AMLD5 Amendments in Prepaid Cards Transaction Threshold
In July 2018, the European Commission came into effect the 5th Anti-Money Laundering Directive (A...
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Addressing AML Compliance Challenges with a Risk-based Approach (2023)
Regardless of how big or small a company is, the after-effects of Covid-19 and the global financi...
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Post-pandemic eCommerce Landscape Calling for Robust ID Verification Solution
During the coronavirus pandemic, the e-commerce industry has witnessed a significant increase in ...
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Blog
How Online ID Verification Supports Age-restricted Sellers?
The online stores selling age-restricted products like gaming services, medicine or drugs are in ...
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Blog
FATF October 2019 Plenary – Here is What You Need to Know
Financial Action Task Force (FATF) President Xiangmin Liu, chaired the first meeting from 16-18 O...
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Debunking the Top 5 Misconceptions about KYC Compliance
Know Your Customer (KYC) compliance suffers from the issue of unintentional secrecy. Businesses h...
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Blog
5 AI-Powered Products to Boost Digital Experiences Post Covid
If there’s one thing financial institutions understood within the first year of global shutdowns ...
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Blog
Case Study: Enhancing Security in Live-Streaming with Fast ID
A global social media company faced a critical challenge: preventing the misuse of its live-strea...
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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
The Power of Identity Verification Solutions in Ensuring Risk-Free Recruitment Operations
Over the recent years, the employment industry has undergone significant changes, from mass offbo...
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Blog
Top 6 Reasons Why RegTech Will Improve AML Compliance
Global fines imposed to deter money laundering increased by 50% in 2022, alarming businesses tha...
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Industries that Need Digital Identity Verification and Why?
With continuous improvements in technology, different industries of the world are streamlining th...
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Secure Ride-Hailing Services – Building Trust Through NFC Verification
Despite the fact that modern ridesharing has only been operating for approximately a decade, it h...
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Blog
5 reasons why passwords are no more safe – What’s next?
Online platforms are using passwords to secure the privacy and data of their users – but ar...
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Blog
FATF October 2019 Plenary – Here is What You Need to Know
Financial Action Task Force (FATF) President Xiangmin Liu, chaired the first meeting from 16-18 O...
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Blog
GDPR Compliance vs BlockChain Debate – Things you must know
GDPR Compliance is here to stay and it is going to be binding on every business and online enterp...
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Blog
A Brief Insight into Safe Havens for Russian Oligarchs
The recent Russia-Ukraine conflict has sparked the West to impose sanctions targeting the Russian...
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Facial Recognition KYC Services | Helping Businesses Fight Fraud with Unparalleled Biometric Checks
The AI revolution has enabled businesses to leverage the power of technology in KYC verification....
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How to Protect Yourself From Cyber Crime in the Holiday Season?
Most people around the world do the majority of their shopping during the holiday season. Accordi...
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Blog
Impact of California Consumer Privacy Act on Online Businesses
California consumer privacy act has been revolutionizing consumer data regulations. The act was p...
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Blog
The Power of Identity Verification Solutions in Ensuring Risk-Free Recruitment Operations
Over the recent years, the employment industry has undergone significant changes, from mass offbo...
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Blog
KYCC – Going an Extra Mile to Prevent Financial Crimes
As cases of money laundering and terror financing are increasing globally, the concerns to overco...
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Blog, Online Marketplace
Secure Online Gambling through Identity and Age Verification
Gambling is a very profitable business for big players and owners alike. According to research, t...
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Blog
Replay Attacks – Another Rising Threat for Businesses in 2021
As technology advances, more and more solutions are available for making lives convenient. Unfort...
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Blog
AML Compliance in the Insurance Sector – Red Flags to Look Out For
The insurance sector commonly faces criminal activities like money laundering and terrorist finan...
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Blog
AML Verification Services: Fighting Back Financial Crimes in 2023
The Covid-19 outbreak has increased reliance on eCommerce and digital banking — cultivating a lus...
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Blog
Transaction Monitoring – Establishing A Defense Mechanism Against Financial Crime
With the rapid increase in the global volume of monetary transactions, money laundering methods a...
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Blog, Reg Tech
How does CDD effectively help with AML Compliance?
CDD or customer due diligence in the banking sector and other financial firms is an important asp...
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Blog
Curbing Real Estate Crimes with AML Screening Solutions – How Shufti Can Help
In course of history, money laundering has always remained most complicated issue for governments...
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Blog
The Relentless Rise of Fraud in the FinTech Industry – How CDD Helps
Fraud has always been on the rise ever since the advent of the FinTech industry. As perpetrators ...
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