Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Age Verification: Comply with Global Regulations or Face Reputational Damages

b-img-age

In the digital age, businesses that operate online face a significant challenge when verifying their users’ age. Age verification is particularly important in industries such as gambling, alcohol, and relevant age-restricted content, where it is a legal requirement to verify the age of users. Failure to do so can result in costly fines, legal action, and reputational damage. In this blog post, we’ll explore the importance of age verification and how it can help businesses play safer.

Why is Age Verification Important?

Several countries have strict laws surrounding the sales of certain products and services to minors; for example, it is illegal to sell alcohol or tobacco to anyone under the legal age limit. Additionally, some countries have regulations in place around online gambling, and these typically require the verification of the user’s age before they can access the service.

In addition to legal requirements, there are ethical considerations around the provision of age-restricted content. Many businesses choose to verify the age of their users to ensure that they are not providing access to inappropriate content to minors.

The consequences of failing to verify the age of users can be significant. For example, companies that fail to comply with age verification regulations in the UK can face fines of up to £250,000 or 5% of their annual turnover. In addition to legal consequences, there is the risk of reputational damage and loss of trust from their current and potential customer base.

Understanding Age Verification

Age verification is a tool that businesses can use to verify the age of their patrons. Many types of age verification solutions are available, ranging from simple age gates to more complex systems that use multiple data sources to verify a user’s age.

  • Some common methods of age verification include:

Age Gates – Age gates are simple pop-ups requiring users to confirm that they are over a certain age before accessing a website or service.

Self-Declaration – Self-declaration is where users must confirm their age by entering their date of birth or selecting their age from a drop-down menu.

Document Verification – Document verification is where users are required to upload a copy of their ID or passport to verify their age.

Third-Party Verification – Third-party verification involves using data sources from third-party providers to verify a user’s age, such as credit reference agencies or government databases.

The Benefits of Age Verification Solutions

Compliance with Legal Requirements – Age verification solutions enable businesses to comply with legal requirements around age-restricted products and services.

Risk Reduction – By verifying the age of their users, businesses can reduce the risk of legal action, fines, and reputational damage.

Improved Trust – Age verification solutions can improve trust between businesses and their customers. By taking the responsibility of age verification seriously, businesses can demonstrate their commitment to providing a safe and responsible service.

Customisable Options – Age verification solutions can be customised to meet the needs of different industries and businesses. For example, some solutions allow businesses to set different age limits for different products or services.

Enhanced User Experience – Age verification solutions can improve the user experience by streamlining the age verification process, reducing friction, and improving the overall user experience.

Data Protection – Some age verification solutions provide an additional layer of data protection by verifying the age of users without storing their personal information.

b-info-age

The challenges of Age Verification Solutions

Cost – Age verification solutions can be costly, particularly for small businesses. Some solutions require ongoing payments or a subscription model, which can be prohibitive for smaller businesses. 

User Experience – Some age verification solutions can be intrusive and disrupt the user experience. Businesses need to find a solution that strikes the right balance between user experience and compliance.

Complexity – Some age verification solutions can be complex and difficult to integrate into existing

Why should Businesses opt for Shufti’s Age Verification service? 

Shufti, being one of the leading IDV service providers across the globe, has been serving a plethora of businesses, ranging from start-ups to large-scale organisations. We offer KYC, KYB, and AML services in 230+ countries and territories. Given the ability to verify 3000+ documents, Shufti authenticates documents in 150+ languages with an accuracy rate of 99.3%. The company aims to create a secure digital marketplace through its AI-driven efficient verification services without identity theft and other fraudulent activities.

With an unparalleled track record of IDV solutions, in the industry of IDV solutions, we can help you achieve your aims whilst protecting you from attempted fraud legal actions, and sizable fines. So, what are you waiting for? Visit our website now or get in touch with our IDV experts. 

Talk to a KYC Expert

Related Posts

Blog

On-Premises Identity Verification – A Solution to Prevent Data Breaches

From virtual modes of communication to digitised solutions for operating efficiently, the perks o...

On-Premises Identity Verification – A Solution to Prevent Data Breaches Explore More

Biometric Technology, Blog

How Liveness Detection is an apt Answer for Facial Spoof Attacks?

The world went haywire on the launch of the new iPhone X; well, to be honest, when does it not? H...

How Liveness Detection is an apt Answer for Facial Spoof Attacks? Explore More

Blog

AML Compliance in High-End Vehicle and Yacht Sales

High-end vehicles and expensive properties are the universal status symbols that represent the ex...

AML Compliance in High-End Vehicle and Yacht Sales Explore More

Blog

The Latest AML Violations and the Role of Transaction Monitoring

In the evolving regulatory landscape, combating financial crimes has become a top priority of reg...

The Latest AML Violations and the Role of Transaction Monitoring Explore More

Blog

CBN Regulatory Regime – New KYC/AML Requirements Payment Services Banks

With the increased risk of financial crime, banks and other financial institutions within a state...

CBN Regulatory Regime – New KYC/AML Requirements Payment Services Banks Explore More

Blog

AML Screening | Fighting the War Against Terrorist Financing & Money Laundering

Money laundering and terrorist financing have become a global concern. In the US alone, approxima...

AML Screening | Fighting the War Against Terrorist Financing & Money Laundering Explore More

Blog, Identity & KYC

KYC Compliance – Strengthening Fraud Prevention Across the Globe

Know Your Customer (KYC)  The widespread availability of the internet has made our world more con...

KYC Compliance – Strengthening Fraud Prevention Across the Globe Explore More

Blog

Politically Exposed Person – An unsaid threat to Businesses

A politically exposed person or PEP is the one who has been assigned to perform prominent public ...

Politically Exposed Person – An unsaid threat to Businesses Explore More

Blog

5 Frauds in the Education Sector and How They Can be Prevented

Educational institutions have become an attractive target for cybercrime attacks in recent years....

5 Frauds in the Education Sector and How They Can be Prevented Explore More

Blog

Identity Verification – Combating Fraud in the Telecommunication Sector

Developing technology, rapid growth in digitization, and increased use of digital transactions ha...

Identity Verification – Combating Fraud in the Telecommunication Sector Explore More

Blog

A Detailed Insight into the Best Practices for Digital Currency Providers

The world has seen an overwhelming rate of development in the cryptocurrency sector with Centrali...

A Detailed Insight into the Best Practices for Digital Currency Providers Explore More

Blog, Identity & KYC

Digital ID Verification

  The Current Situation Digital ID Verification is the key to securing your business in thes...

Digital ID Verification Explore More

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...

How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud Explore More

Blog

Securing Online Marketplace Through Identity Verification System

Since the Covid-19 outburst, technological advancements and emerging innovations have digitized t...

Securing Online Marketplace Through Identity Verification System Explore More

Blog

What are chargeback frauds and what do they mean for businesses?

The world we live in no longer seems to be honest and fair. A large number of individuals are par...

What are chargeback frauds and what do they mean for businesses? Explore More

Blog

Perpetual KYC – Securing Businesses through Continuous Identity Verification

With regulatory scrutiny increasing globally, failures or loopholes in security systems pose a si...

Perpetual KYC – Securing Businesses through Continuous Identity Verification Explore More

Blog

KYC Compliance Will Become Your Competitive Edge

Businesses, particularly the financial services sector, have been observing Know Your Customer KY...

KYC Compliance Will Become Your Competitive Edge Explore More

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...

How Will Simplified Due Diligence SDD Help Industries in 2024? Explore More

Blog

Age Verification – Ensuring the Protection of Minors on Digital Platforms

In today’s technologically advanced era, digital products and services have transformed the way s...

Age Verification – Ensuring the Protection of Minors on Digital Platforms Explore More

Blog

Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution

Since knowledge-based authentication and passwords were first introduced, security systems in ban...

Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution Explore More

Blog

Covid Report Verification: New Restriction for Airports

The Covid-19 cases have drastically increased over time and as of February 6, 2021, 18,262 new ca...

Covid Report Verification: New Restriction for Airports Explore More

Blog, Identity & KYC

Why You Need To Know Your Buyer

Online payments are fast replacing cash transactions with the top payment companies harboring 1bi...

Why You Need To Know Your Buyer Explore More

Blog

How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters

Anti Money Laundering Compliance, commonly known as AML Compliance, is something that banks and f...

How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters Explore More

Blog, Financial Crime / AML

What is PEP Compliance and Why do Financial Institutions Need it?

For Politically Exposed Persons (PEPs), an inter-governmental body established in 1989, Financial...

What is PEP Compliance and Why do Financial Institutions Need it? Explore More

Blog, Fraud Prevention

Account Takeover Frauds – Impact, Causes, and Prevention

Living in the era of technology, the world is rapidly moving towards digitization. From banking i...

Account Takeover Frauds –  Impact, Causes, and Prevention Explore More

Blog, Business Technology

Business Verification – Foolproof Ways to Secure Happy Customers

Creating a winning customer experience can make for a significant competitive advantage for busin...

Business Verification – Foolproof Ways to Secure Happy Customers Explore More

Blog

How Can You Make Your Onboarding Process Cost-Effective?

The customer onboarding process can cost your business a fortune if it is complex. In the modern ...

How Can You Make Your Onboarding Process Cost-Effective? Explore More

Blog

eIDAS and eIDs – The Shift in Identity Verification in the EU & Beyond

In the digital world, ensuring the security of international transactions is the ultimate goal of...

eIDAS and eIDs – The Shift in Identity Verification in the EU & Beyond Explore More

Blog

Shufti’s Address Verification Service – A Key Step in Digital Identity Verification

The rapidly developing technology of today is altering how consumers browse for things online. Th...

Shufti’s Address Verification Service – A Key Step in Digital Identity Verification Explore More

Blog

The State of KYC/AML Compliance in Commonwealth of Independent States (CIS) Region

Commonwealth of Independent States (CIS) is among the largest regions of the world with numerous ...

The State of KYC/AML Compliance in Commonwealth of Independent States (CIS) Region Explore More

Blog

How Does Digital Identity Verification Work For Income Verification

With the help of income verification documents, organisations can restrict the onboarding of high...

How Does Digital Identity Verification Work For Income Verification Explore More

Blog

AUSTRAC’s ML/TF Risk Assessment Report on Foreign Subsidiary Banks [Part 4]

This blog covers the last chapter of our four-part series on AUSTRAC’s money laundering and terro...

AUSTRAC’s ML/TF Risk Assessment Report on Foreign Subsidiary Banks [Part 4] Explore More

Blog

The State of Money Laundering in The United States – How Shufti Can Help

The United States of America is among the first countries that took effective measures to fight f...

The State of Money Laundering in The United States – How Shufti Can Help Explore More

Blog

Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector

Banks are thought to be the most important part of the financial system, playing a vital role in ...

Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector Explore More

Blog

AML compliance checklist for efficient AML screening in 2020

2019 brought a plethora of AML regulations for businesses and non-compliance is no more an option...

AML compliance checklist for efficient AML screening in 2020 Explore More

Blog

Facial recognition technology grooving into cruise ships for ID verification

No more boarding frustration, no more standing in the queues for hours… The travel industry is re...

Facial recognition technology grooving into cruise ships for ID verification Explore More

Blog

EDD in Banking: Going Beyond CDD to Establish Trust in the Digital Age

With technological advancement, hackers are also becoming smarter to bypass verification processe...

EDD in Banking: Going Beyond CDD to Establish Trust in the Digital Age Explore More

Blog

COVID-19 Pandemic – What it holds for businesses?

The year of the Rat, 2020, didn’t get a propitious start because of the deadly coronavirus outbre...

COVID-19 Pandemic – What it holds for businesses? Explore More

Blog, Identity & KYC

7 Ways to Protect Your Children from Identity Theft

Living in the digital world, the word “Identity theft” makes us more than a little nervous. Knowi...

7 Ways to Protect Your Children from Identity Theft Explore More

Blog, Fraud Prevention

6 Steps of Online Fraud Prevention for Businesses

With the rapid development in the online retail industry and banking industry, there is an increa...

6 Steps of Online Fraud Prevention for Businesses Explore More

Blog, Identity & KYC

Cybercrimes Rise 5 times in 4 years and Continue to Soar!

 A rapid stride in the tech world over the years has increased cybercrimes immensely. According t...

Cybercrimes Rise 5 times in 4 years and Continue to Soar! Explore More

Blog

7 Best KYC and Fraud Prevention Tips for Online Businesses

With the explosion of internet and web applications, the online interaction between consumers and...

7 Best KYC and Fraud Prevention Tips for Online Businesses Explore More

Blog

Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance

As a result of rapid digitization and the emergence of decentralized services, the financial mark...

Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance Explore More

Blog

Crypto Regulations 2021 – What Digital Currency Providers Need to do

Cryptocurrency has been a hot topic ever since its advent in 2009. The ability to draw investor a...

Crypto Regulations 2021 – What Digital Currency Providers Need to do Explore More

Blog

AI-Powered OCR to replace data entry in 2020 – A detailed insight

Living in the data-driven world, there is a huge demand for storing data from printed or handwrit...

AI-Powered OCR to replace data entry in 2020 – A detailed insight Explore More

Blog

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help

In the highly digitized world, businesses are partnering with each other to serve mutual interest...

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help Explore More

Blog

Prevailing Crimes in Metaverse – How Shufti’s IDV Solution Can Help

Metaverse is a virtual space where people belonging to the same or different physical regions can...

Prevailing Crimes in Metaverse – How Shufti’s IDV Solution Can Help Explore More

Blog

The Reality Behind Money Laundering through Environmental Crimes

Environmental crimes are among the most prevailing and profiting offenses present in the world. C...

The Reality Behind Money Laundering through Environmental Crimes Explore More

Blog

E-Signature | Digitise and Verify Agreements in Compliance

The use of electronic signature, or e-signature, has transformed business dealings. The days of s...

E-Signature | Digitise and Verify Agreements in Compliance Explore More

Blog

ID Verification for Ultimate Subscription Fraud Prevention

Cellular phones were first introduced in the consumer market in 1973 when Motorolla first introdu...

ID Verification for Ultimate Subscription Fraud Prevention Explore More

Blog

UK Elections: Photo ID Law Change Raising Concerns for Voters

Law changes bring several hassles for the public and government authorities. The recent photo ID ...

UK Elections: Photo ID Law Change Raising Concerns for Voters Explore More

Blog

The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms

As the digital revolution takes hold worldwide, there has been an unparalleled surge in the adopt...

The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms Explore More

Blog

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...

5 Key Market Trends in Identity Verification Explore More

Blog

KYC/AML Compliance – A Safeguard Against Money Laundering in the NFT Market

The instability in the non-fungible token (NFT) sector can be seen in the record sales of $25 bil...

KYC/AML Compliance – A Safeguard Against Money Laundering in the NFT Market Explore More

Blog

Know Your Investor | Simplify the Onboarding Process

Businesses at any stage need to onboard credible partners and investors who bring in capital and ...

Know Your Investor | Simplify the Onboarding Process Explore More

Blog

Safeguarding the Art Market with Shufti’s AML Screening Solution

Non-fungible tokens (NFTs), blockchain-powered title deeds tied to a virtual or physical asset, h...

Safeguarding the Art Market with Shufti’s AML Screening Solution Explore More

Blog

Identity verification in freelancing- no more smoke and mirrors

Freelancing platforms are rapidly growing. In 2017, around 57 million Americans were freelancing ...

Identity verification in freelancing- no more smoke and mirrors Explore More

Blog

Identity verification solutions to fight against faces of fraud

In this digital world, billions of smart devices are circulating, connecting and communicating wi...

Identity verification solutions to fight against faces of fraud Explore More

Blog

How ID Verification Helps in Fighting Digital Scams?

ID VERIFICATION: Digital scams are common phenomena and it affects all types of businesses in eve...

How ID Verification Helps in Fighting Digital Scams? Explore More

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...

4 Reasons Why Brokerage Firms Need ID Verification? Explore More

Blog

The Most Frequently Asked Questions About Perpetual KYC

Maintaining the accuracy of customer data presents a considerable challenge. Automating it has tr...

The Most Frequently Asked Questions About Perpetual KYC Explore More

Blog

Know Your Donor (KYD) – Customer Due Diligence For Charities and NPOs

According to DoubleTheDonation, 45% of worldwide donors are enrolled in monthly donation programs...

Know Your Donor (KYD) – Customer Due Diligence For Charities and NPOs Explore More

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...

The Most Common Cryptocurrency Scams and the Role of e-IDV Explore More

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...

How does CDD effectively help with AML Compliance? Explore More

Blog

Supplementing blockchain with KYC offers endless possibilities

While you may be tempted to think that decentralized and anonymous blockchains are safe because t...

Supplementing blockchain with KYC offers endless possibilities Explore More

Blog

Transaction Monitoring: Going Beyond AML Screening

Whether you are an accountant in Wall Street or a developer for Google, money laundering will not...

Transaction Monitoring: Going Beyond AML Screening Explore More

Blog

Top 5 Industries that AI will Transform in 2021

Artificial intelligence is becoming a comprehensive and encyclopedic term to describe any innovat...

Top 5 Industries that AI will Transform in 2021 Explore More

Blog

AI-Powered OCR to Combat Challenges During Manual Data Processing

Every industry has to deal with tons of customer data on a daily basis. Receiving information, ex...

AI-Powered OCR to Combat Challenges During Manual Data Processing Explore More

Blog

Customer Due Diligence – Risk Scoring of Fraudsters to Prevent Crimes

As per the research of The Journal of Accountancy, fraudsters carry out crimes for two reasons: n...

Customer Due Diligence – Risk Scoring of Fraudsters to Prevent Crimes Explore More

Blog

How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters

Anti Money Laundering Compliance, commonly known as AML Compliance, is something that banks and f...

How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters Explore More

Blog

Why online alcohol industry needs robust age verification solutions?

“Can I see some ID?” The question brick and mortar booze stores ask or at least should ask to ver...

Why online alcohol industry needs robust age verification solutions? Explore More

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 ...

Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started