Blog
Liveness Detection | An Extra Layer of Protection Against Spoofing and Fraud
The consumer demand for biometric and facial authentication technologies is rising, with the mark...
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Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC
AML Compliance in EU Member States and Risks of Businesses
Making regulations is just the first step, the true game starts when it comes to implementation, ...
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Blog
Youtube Stepping up to Protect Minors’ Data Online
The explosion of the internet and mobile devices has paved new ways for marketers and Cybercrimin...
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Safeguarding Telecommunication Industry with Robust ID Verification Solutions – What Shufti Offers
Technology transformation, growing transactions and global digitisation are increasing the potent...
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Blog
Top 5 Trends for the Government Sector in 2022
With the emergence of the new variant of COVID-19 “Omicron” in South Africa, it is possible that ...
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Blog, Business Technology
Identity Verification Fuels Growth of Ride Sharing Industry
The ride-sharing industry is growing at a huge pace. As per Orbi’s research, the ride-shari...
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Blog, Financial Crime / AML
AML Screening in the light of Compliance Regimes Around the Globe
AML compliance is inevitable for all types of businesses around the globe. The regulatory complia...
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Blog
5 AML Compliance Trends for 2023 – New Regulations and Technological Advancements
From digital payments to new regulations on preventing fraud and FINRA’s guidelines on penalising...
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Blog, Online Marketplace
How Mobile KYC will revolutionize the Digital World?
Mobile KYC is the next frontier in Identity Verification services allowing greater access to busi...
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Blog
Acquiring a Security Foothold in Hybrid Workspaces with Facial Recognition
In 2020, companies experimented with different ways of working as the result of lockdown and Covi...
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January 2023 Recap: Major Events Worldwide and How AML Verification Solution Can Help
Noncompliance with Know your Customer and Anti Money Laundering (KYC) regulations continue to pla...
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Building Better Customer Experiences from the Inside Out
”I don’t really think that it’s possible to deliver an excellent customer experience without havi...
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Blog
Digital KYC to Trace and Tackle High-Risk Customers
Customers are the assets and building blocks of any business. Customers are responsible for takin...
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Video KYC (VKYC) | Identity Verification and Fraud Prevention
In the last few years, the verification industry has experienced remarkable expansion. As our tec...
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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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A Brief Overview of KYC Requirements for Foreign Exchanges in EMEA
The forex industry is recognizable for being a dynamic and profitable platform due to its high li...
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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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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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Top 10 Biometric Technology Trends to Watch For in 2022
Biometric innovations in present times have manifested various technological advancements and the...
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Blog
The ‘What’ and ‘How’ of Address Verification Service
The rising number of chargebacks and other fraudulent activities has led organisations to develop...
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Artificial Intelligence, Blog, Identity & KYC
How Biometric Technology is Shaping Up for 2020
The verification of individuals for security measures has become remarkably important for organiz...
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Blog
Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services
Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...
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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
Data Breaches – Types, Sources, and Preventive Measures
A large number of well-renowned companies are under the threat of high-scale data breaches. After...
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Blog
Age Gating VS Age Verification | Enhancing Security for Minors
Age gating was once employed to stop minors from accessing age-restricted content. However, the a...
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High-Risk Customers in Banking and How EDD Can Help Identify Them
In this age of digitisation, banks and other financial institutions face a high risk of money lau...
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Blog
Shufti Marks 4 Years of Streamlining KYC and AML for Global Businesses
October 2021 marks four complete years since the launch of Shufti. As years begin to stack, t...
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COVID Verification of Tourists: Is the Hospitality Sector Doing Much?
COVID-19 has been a big hassle for everyone except for those who adopted the new normal quickly. ...
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KYC/AML Compliance – Eliminating Financial Crime in Challenger Banks
Challenger banks have emerged in the financial services paradigm by bringing digital innovations ...
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FATF’s Travel Rule: A New Dawn of Regulations for Virtual Asset Services
Here at the start of 2021, there is much uncertainty regarding the coronavirus situation, whether...
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Financial Regulations Against Crypto Sanctions Evasion in the UK – Is the Crypto Sector Safe?
Many governments throughout the world are facing concerns of money laundering and sanctions evasi...
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Five Solutions to tackle business verification challenges
Know Your Customer (KYC) is critical for verifying the clients before doing business with them, b...
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Blog
Instant Client Onboarding with E-KYC Screening
Technological Advancement and its Influence
The world needs to constantly evolve in order to surv...
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Russian Sanctions Evasion – Is the Art Industry the Next Target for Money Laundering?
As regulatory authorities are seizing the yachts and real estate belonging to Russian oligarchs, ...
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Blog
What is KYC and Why is it Important for Crypto Exchanges?
Cryptocurrencies are causing significant disruptions in the financial world. Cryptograp...
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4 Industries Where OCR Technology Can Work Wonders
Today, online businesses need to meet the constantly evolving customer needs to survive market co...
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Blog
An Insight into AML Compliance in the Financial Sector [2022 Update]
The increasing global attention towards anti-money laundering (AML) and countering the financing ...
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Blog, Online Marketplace
KYC for customer on-boarding in Telecommunications Industry
Identity Verification is quite necessary for Telecommunications Industry in today’s digital...
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Identity Verification Forecast: How Will KYC Evolve in 2023?
As the world becomes more digital, scammers are honing their craft and employing trickier techniq...
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The Importance of Online Address Verification in E-Commerce
The rise of digitisation has given hackers more means to surpass security systems and conduct hig...
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Blog
August 2023 Recap: Major Violations and How AML Screening Can Help
With technological advancement, scammers are revising their strategies to bypass verification sol...
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Blog
Enhanced Due Diligence – How to Identify and Deal with High-Risk Customers
Business relationships always come with associated risks that require carefully implemented measu...
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AML Compliance – Sharpening Focus on FinCrime in the Payments Industry
Conventional payment services are embracing technological transformation, which is significantly ...
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Blog
Legal Entity Identifier (LEI) — What it means and how it helps financial institutions?
The need for trusted digital communication in this age is crucial due to increasing cybercrimes. ...
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Age Verification for Social Media – Protecting the Younger Victims of Online Scams
With a significant majority of students diverting from their usual school routines due to the COV...
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Blog
AML Screening – Identifying and Overcoming Challenger Banks’ Weaknesses
There are approximately 77 challenger banks in Europe alone, the best range amongst the other reg...
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Real Estate Industry Crimes and Strict AML Regulations – How Shufti Can Help
The real estate industry has long provided a safe way for fraudsters to secretly launder or inves...
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Blog
5 Effective Ways Shufti Combats First-party Fraud
After analysing fraud incidents of the previous year and the current one, we observed an interest...
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Online Identity Verification – How to Secure Online Gaming & Gambling Platforms
Online gambling is the way to go for betting enthusiasts nowadays and brings both convenience and...
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Blog
Video KYC Onboarding: Fintechs meeting KYC compliance with video identifications
The Financial industry is introducing a digital revolution globally. The term Fintech corresponds...
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Blog, Financial Crime / AML
Global AML Regimes – Tightening Reins on Money Launderers
Money laundering is a global menace. Money laundering and terrorist financing are the major targe...
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Blog
Facial Recognition to Reshape the Retail Industry in 2020
The explosion of facial recognition technology in our smartphones – for instance in iPhone ...
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Blog
Divergent AML/CFT Rules and Cross-border Payment Challenges – What FATF Has to Say?
While addressing AML/CFT requirements for cross-border payments, the global financial watchdog, F...
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Blog
Video KYC – Answer to Digital Revolution in the Gulf Region & UAE
The digital revolution in the Gulf region and UAE has been a hot topic these days. The economic d...
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Blog
Top 6 Practises For Your Business To Pinpoint Key Risk Areas
As global industries continue to evolve and digitise, customer risk assessment has become a criti...
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AML Compliance in the UK’s Financial Sector – What Shufti Offers
The UK is known in the global financial paradigm for being both a financial hub and the dirty mon...
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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...
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Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC
Global Economies are joining forces with FATF against money laundering
Financial Action Task Force (FATF) has been very keen on eliminating financial crime (money laund...
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Blog
Top 5 Non-banking Industries in the Crosshairs of Financial Criminals
The first half of 2021 saw significant disruption in the financial world as traditional criminal ...
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Blog
International Tax Body to curb Cryptocurrency based Tax Evasion
Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the U...
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Blog, Financial Crime / AML, Identity & KYC
Fighting Financial Crime: Why KYC and AML Compliance Is Essential for the Global Finance Sector
Banks and other financial institutions are often the first line of defense against financial crim...
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Blog
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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Blog
Pension Fund Fraud and the Role of Employee Identity Verification
Old age is the scariest phase of life for everyone and organisations find it a big challenge to c...
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Blog
Transaction Monitoring: Going Beyond AML Screening
Whether you are an accountant in Wall Street or a developer for Google, money laundering will not...
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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
Know Your Business – What Does it Mean & How can it Protect Your Company?
Businesses that offer their services to other businesses, instead of individual consumers, have t...
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Blog
What is an OCR Screening and How Does it Work?
In our digital environment, where automated technology has already taken over corporate processes...
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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
Adverse Media Screening Requirements and Why Do FIs Need It?
The financial services industry is under a lot of regulatory requirements recently, and for all t...
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Blog
Enhanced Digital Security with Facial Recognition and Liveness detection
The increasing number of cyber-attacks and online fraud calls out for strong security measures. U...
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Blog
Shell Companies and Money Laundering: How to Combat Them?
Shell companies are notorious for all the right reasons. These entities often called ghost compan...
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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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Blog
NFTs and Surging Crimes – How Shufti’s AML/KYC Solution Can Secure The Digital Ecosystem
Non-Fungible Tokens (NFTs) are by far one of the most popular topics right now. Artist Mike Winke...
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