The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    216.73.216.113

    Biometrics Bucking the Trend of KYP in Healthcare

    Biometrics Bucking the Trend of KYP in Healthcare

    Over the last few years, biometric technology is deeply entrenched in various commercial marketplaces and industries. Here in 2019, a breakthrough potential of biometrics ‘ practical application can be seen in a variety of vertical domains and markets. Among those, the healthcare sector is reforming the security standards and patients records through biometrics. According to MRFR (Market Research Future), the global biometrics healthcare market is expected to grow $5.6 Billion by 2022 i.e. CAGR of 22.3%.

    This remarkable increase is as a result of demand for advanced devices and diagnosis methods in healthcare. Reason being, 2000+ data breaches that compromised the confidential medical information of thousands of patients. In April 2019, about 46 healthcare data breaches came onto the surface which shows a 48% increase in from previous month and over the past five years. To overcome these issues, biometrics are grazing the pastures of healthcare security systems. By introducing an additional security layer of a biometric authentication system, hospitals are ensuring authorized and controlled access to databases.

    Biometrics technologies such as face recognition, fingerprint scanning, hand geometry, and iris/retina scanning have long-held promise to ensure patients and employee identification. Hospitals across the world are catching up with the benefits of this technology for the security of confidential medical records, medical insurances, and personal data against data breaches and identity thefts. The purpose of ‘Know Your Patient’ or KYP is well-served with biometrics.

    Know Your Patient (KYP) is Easy with Biometrics

    Biometrics are used to provide a seamless way for patient’s identification. It is crucially important to identify and verify the identity of patients. According to WHO (World Health Organization), accurate patient identification is among the nine priorities considered for improved patient safety. Before proceeding to medical prescription and procedures, clinicians are supposed to correctly identify the patient. 

    Biometrics act as a patient’s identifier that helps identifies an identity if it is too ill to verify the identity. For this, a patient would first have to enroll in a biometric identification system. For this patients would have to prove the identity against insurance documents, medical certificates or government-issued identity documents. After identity registration, biometrics information will be stored that could be in the form of fingerprint scanning or face recognition (mostly). Hospital management will secure electronic medical records against that identity into the database. Once enrolled, identity will be verified at each stage of treatment in the hospital. 

    Furthermore, patients identification helps doctors analyze medical history in an effective manner. Within seconds, biometrics are able to authenticate the identity and open up all the personal and medical details that can assist doctors better in treatment. Biometric service can be extended further for patients to view their electronic medical reports at home anytime by logging in to the hospital online portal and verifying identity in real-time through biometrics. 

    Biometrics Use-Cases in Healthcare

    Biometric technology is paving ways in the healthcare sector. The major concerns refer to patient data privacy and record security. In healthcare, the following are the top use-cases that can serve industry better with biometrics.

    Securing Medical Data

    A major threat in the medical industry. Due to the incidences of identity theft or unintentional personnel neglection while securing the health data of patients result in various issues. Biometric authentication helps secure the accounts and details of patients and staff by providing an additional security layer in which password leakage and so data tempering is thing of the past. 

    Streamlining Patient Identification System

    A hospital has to manage millions of health records, test results, medications, and diagnoses, etc. despite their effort of efficiently managing all paper records, 7-10% of patients get misidentified that even leave to deadly consequences. Biometrics such as facial recognition and fingerprint scanning software are contributing to dramatically reduce the record loss and theft. 

    Reducing Health Insurance Fraud

    Health insurance records and old-age medical benefits are sensitive data that need to be highly secured. Unauthorized access to confidential information can affect hospitals as well as the lives of patients badly. To mitigate the risk of unauthorized data access and insurance frauds, biometrics can help stand a security wall against fraudsters. By directly linking patients biometrics information with medical records, data can be secured.  

    Restricting Pharmaceuticals’ Access in Hospitals

    Pharmaceutical misuse and identity theft are a million-dollar problem in the healthcare industry. Identification of patients and providing them correct pharmaceuticals is crucially important. Biometrics assist in providing relevant medical details of identity against the patient’s name. In this way, controlled access to pharmaceuticals can be ensured in hospitals.

    Protecting patients Identity in Online World

    For secure virtual rooms for patients, it is important to take dynamic security measures to protect the identities of the patient in the digital world. Online security of digital patient identity should be protected to avoid fraudsters from misusing them against their malevolent purposes. Online security with passwords and PIN is not resourceful today. Fraudsters have ways to take out username and password information through credentials stuffing. Here biometrics come, that ensure authorised access to online accounts and could be login with biometric verification. Secondly, user experience remain intact with security.

    Segmental Analysis of Healthcare Biometrics Market

    Applications of biometrics in the healthcare industry are segmented into data security, patient identification (KYP), medical record management, and controlled access. Identity thieves steal identities from medical records that most of the time belong to children and elders. Their identities are used for performing several malicious actions that vary from cyberbullying to money laundering and criminal activities etc. The real identities of children specifically are used as they surely would not have been part of any criminal record. 

    Moreover, some of the fraudsters dig out these identities and their financial aid records, medical insurance records, and fee-medical services certificates to avails benefits for free. 

    Online hospital portals and medical stores operating online should also be well-aware of the associated risks. Cyberattacks can affect hundreds of patients and even their families. In addition to this, the patients’ record managed online is prone to cyberattacks and breach. Therefore, there is a dire need to take in place KYP practices that verify each onboarding identity first to deter the risks of unauthorized access to private data. 

    Regional Analysis of Healthcare Biometrics Market

    Based on the regional analysis on the use and need of biometrics technology, the market is segmented into North America, Europe, Asia Pacific, and the Middle East.

    North America: North America region accounts for the largest healthcare biometrics market share probably due to the demand for regulatory obligations and well-established hospitals. There are some other influentials factors that include a wide uptake of digitization into medical sectors by introducing biometrics and medical insurance progression in the industry. Along with this, the demand for medical applications and software coupled with electronic medical records and efficient maintenance are contributing to regional growth and advancements. 

    Region of the United States is advancing in patients’ identity verification solutions and identification along with data security and management. With these initiatives, the region is expected to grow more in the coming years.  

    Europe: Leading at the second position being a lucrative market with respect to healthcare biometrics. Healthcare facilities in Europe are driving the healthcare biometric market to grow. Additionally, the investments in medical record management, especially in the field of the healthcare sector, is fueling the growth of biometrics and technological adoption in the region.  

    Asia Pacific: The healthcare biometrics market is growing rapidly in the Asia Pacific region. Technological advancements and their adoption in this region are outlining the landscape of the market in this region. Furthermore, India, China, and APAC are also expecting to grow with respect to initiatives in the healthcare industry by introducing biometrics for efficient patients’ records management and identification. 

    Conclusion

    Biometric identification in the healthcare sector is streamlining the functions and procedures of health data management and consistency in records. Authorized access is contributing to the security of data against identity theft and data breaches. Additionally, biometric verification provides a seamless user experience along with security. This is the reason that its adaption in various fields is praised. In the coming years, most of the medical norms will be seen greasing the wheel with biometrics.

    Related Posts

    Blog

    Risk Assessment and Management | Why do Businesses need it?

    B2B partnership always carries risks that must be managed whilst staying compliant. Business part...

    Risk Assessment and Management | Why do Businesses need it? Explore More

    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 ...

    The Relentless Rise of Fraud in the FinTech Industry – How CDD Helps Explore More

    Blog

    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...

    How to Protect Yourself From Cyber Crime in the Holiday Season? Explore More

    Blog

    Top 5 Countries Impacted by Money Laundering – How Shufti Helps Mitigate the Risks

    Today, money laundering has permeated almost every regulated market and has become the most occur...

    Top 5 Countries Impacted by Money Laundering – How Shufti Helps Mitigate the Risks Explore More

    Blog

    New Regulatory Initiatives to Revamp the US Crypto Landscape

    With digital currencies gaining prominence, the US financial landscape has seen major transformat...

    New Regulatory Initiatives to Revamp the US Crypto Landscape Explore More

    Blog

    AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector

    Purchasing real estate is an attractive way for money launderers to legitimise larger amounts of ...

    AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector Explore More

    Blog

    Identity Verification vs Authentication: The Key Differences

    Organisations today face significant concerns regarding data breaches and identity theft. Nearly ...

    Identity Verification vs Authentication: The Key Differences Explore More

    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...

    How Mobile KYC will revolutionize the Digital World? Explore More

    Blog, Identity & KYC

    Facial Recognition Technology – Behind The Curtains

    Business competition has made security technology critical. There are many innovative security te...

    Facial Recognition Technology – Behind The Curtains Explore More

    Blog

    Gold Industry and Prevailing Financial Crimes – How Shufti’s AML Screening Can Help

    Using gold for financial crimes has a long history and in many countries, jewellery is not only c...

    Gold Industry and Prevailing Financial Crimes – How Shufti’s AML Screening Can Help Explore More

    Blog

    Customer Risk Assessment – A Landmark Approach to Fight Identity Fraud

    Identity theft is the most prominent cybercrime which has raised alarms for global law enforcemen...

    Customer Risk Assessment – A Landmark Approach to Fight Identity Fraud Explore More

    Blog

    How Shufti Ensures Gaming Regulatory Compliance with AML Screening for Online Gaming Platforms

    The online gaming sector has revolutionized altogether along with emerging technologies. With adv...

    How Shufti Ensures Gaming Regulatory Compliance with AML Screening for Online Gaming Platforms Explore More

    Blog

    AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector

    Purchasing real estate is an attractive way for money launderers to legitimise larger amounts of ...

    AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector Explore More

    Blog

    Crypto KYC: A Growing Need for Industry Regulation

    The recent development of cryptocurrencies has resulted in a new era of financial transactions th...

    Crypto KYC:  A Growing Need for Industry Regulation Explore More

    Blog

    5 Things Businesses Should Know about PEP Screening

    Regulators levy penalties when compliance programs fail or companies have insufficient compliance...

    5 Things Businesses Should Know about PEP Screening Explore More

    Blog, Identity & KYC

    KYC/AML Compliance in light of FinTRAC

    Witnessing the updated AML/CTF regime; the guidelines by FinTRAC regarding ID verification have b...

    KYC/AML Compliance in light of FinTRAC Explore More

    Blog

    Money Laundering Through Cryptocurrency: Red Flags and AML Risks

    As the use of virtual assets becomes widespread, crypto firms have a major dilemma to deal with &...

    Money Laundering Through Cryptocurrency: Red Flags and AML Risks Explore More

    Blog, Fraud Prevention

    Data Breaches in 2019 – A Year in Review

    Stepping into 2020, the year 2019 has been on the rollercoaster in terms of security breaches. Da...

    Data Breaches in 2019 – A Year in Review Explore More

    Blog

    AML Compliance for Money Service Businesses (MSBs) – How Shufti’s AML Screening Helps

    Money laundering has spread like a virus in today’s globalized society. Banks and other fin...

    AML Compliance for Money Service Businesses (MSBs) – How Shufti’s AML Screening Helps Explore More

    Blog

    Cyber Monday Scams on the Rise Due to COVID-19

    Thanksgiving – a day that reminds us of all the bounties of Mother Nature that we should be...

    Cyber Monday Scams on the Rise Due to COVID-19 Explore More

    Blog

    EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes?

    From the Panama papers, Paradise leaks and Danske Bank case to the most recent revelations about ...

    EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes? Explore More

    Blog

    NFC Verification – Making Digital Payments Mainstream from Alternative

    With time, payment methods have evolved from coins to paper-based money, then plastic, and now sm...

    NFC Verification – Making Digital Payments Mainstream from Alternative Explore More

    Blog

    5 Ways How AI Is Uprooting Recruitment Industry

    Artificial Intelligence is strengthening its position in many industries and the recruitment indu...

    5 Ways How AI Is Uprooting Recruitment Industry Explore More

    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...

    Safeguarding Ride-Hailing Services with Identity Verification Solutions Explore More

    Blog

    The Top Customer Onboarding Tips for Businesses

    Today every business is competing to boost their retention rate and offer their audience a secure...

    The Top Customer Onboarding Tips for Businesses Explore More

    Blog

    Shufti to Revamp Customer Experience with Enhanced Video KYC UX

    Would you ever want to use a product that is hard to understand? A McKinsey Report revealed that ...

    Shufti to Revamp Customer Experience with Enhanced Video KYC UX Explore More

    Blog

    California Privacy Rights Act – What Businesses Must Do to Comply

    The California Privacy Rights Act (CPRA), also known as Proposition 24, was approved on November ...

    California Privacy Rights Act – What Businesses Must Do to Comply Explore More

    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...

    5 Best Practices to Combat Identity Fraud on Social Media Platforms Explore More

    Blog, Business Technology

    4 Fintech trends to look forward in 2019

    FInTech has come a long way from being a mere futuristic technology and has achieved scalability ...

    4 Fintech trends to look forward in 2019 Explore More

    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...

    Social Media and Identity Theft Frauds Explore More

    Blog

    40 recommendations of FATF – Shaping the future of your business

    Financial Action Task Force or simply FATF is an active global authority that never fails in surp...

    40 recommendations of FATF – Shaping the future of your business Explore More

    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...

    Identity Verification: A Bulletproof Vest Against Sharing Economy Fraud Explore More

    Blog

    The Emerging Threat of DeepFakes and the Role of Video KYC

    With technological advancement, cybercriminals are revising their strategies to commit fraud. Cri...

    The Emerging Threat of DeepFakes and the Role of Video KYC Explore More

    Blog

    Money Laundering Spikes High in the Gulf Region – What’s Next?

    Given the rapid increase in FinCrime, the Gulf region is now working day in and day out to impose...

    Money Laundering Spikes High in the Gulf Region – What’s Next? Explore More

    Blog

    Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference?

     Ensuring robust identity verification processes is necessary with the ever-increasing n...

    Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference? Explore More

    Blog, Identity & KYC

    Why Does ID Verification Fail in 2025? – Causes & Fixes | Shufti

    Introduction Identity-verification (IDV) is the gatekeeper of the digital economy, but it still s...

    Why Does ID Verification Fail in 2025? – Causes & Fixes | Shufti Explore More

    Blog

    The Changing Landscape of KYC/AML Regulations in 2021

    Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations have been evolving over time...

    The Changing Landscape of KYC/AML Regulations in 2021 Explore More

    Blog

    How Businesses Can Avoid Identity Verification Fraud in 2019?

    With a bulk of customers using online services, businesses wish to digitise their operations and ...

    How Businesses Can Avoid Identity Verification Fraud in 2019? Explore More

    Blog

    Vendor due diligence – Why it’s important and how it’s done?

    In today’s ever-changing corporate landscape, businesses are always looking for ways to make thei...

    Vendor due diligence – Why it’s important and how it’s done? Explore More

    Blog

    Age Verification Solution – Restricting Minors from Becoming Mules

    From playing online video games to betting on horses, the digital gaming and gambling industry is...

    Age Verification Solution – Restricting Minors from Becoming Mules Explore More

    Blog

    UAE’s Targeted Financial Sanctions (TFS) – How Shufti Can Help Ensure AML Compliance

    Money laundering has always remained a huge challenge for global economies, and all the major jur...

    UAE’s Targeted Financial Sanctions (TFS) – How Shufti Can Help Ensure AML Compliance 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

    Transaction Screening: The Benefits and Challenges

    Financial crimes are rising, wreaking havoc on organisations and individuals. The fraud rate has ...

    Transaction Screening: The Benefits and Challenges Explore More

    Blog

    Age Verification: Comply with Global Regulations or Face Reputational Damages

    In the digital age, businesses that operate online face a significant challenge when verifying th...

    Age Verification: Comply with Global Regulations or Face Reputational Damages Explore More

    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...

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification Explore More

    Blog

    Secure the Fintech Future with RegTech

    Financial Technology (Fintech) refers to the use of technological advancements in the financial i...

    Secure the Fintech Future with RegTech Explore More

    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...

    Top 5 Cybersecurity Trends to Look Out for in 2022 Explore More

    Blog

    Fighting ID Fraud in the Healthcare Industry With Online ID Verification

    While the coronavirus outbreak has emerged with a lot of challenges for the healthcare industry, ...

    Fighting ID Fraud in the Healthcare Industry With Online ID Verification Explore More

    Blog

    Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties

    For multinational businesses, reliance on external third-party vendors is crucial. However, failu...

    Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties Explore More

    Blog

    Biometric Authentication: Use Cases and Advantages

    What is Biometric Authentication? Biometric authentication refers to the process of using unique ...

    Biometric Authentication: Use Cases and Advantages Explore More

    Blog

    Facial Recognition Technology Pioneered at Olympic and Paralympic Games Tokyo 2020

    Facial recognition has grown by leaps and bounds with the arrival of the sophisticated pattern-ma...

    Facial Recognition Technology Pioneered at Olympic and Paralympic Games Tokyo 2020 Explore More

    Blog

    10 Reasons Why Businesses Should Choose Shufti

    Started in 2017, Shufti Ltd. has attained a lot of success. Within three years, we have onboa...

    10 Reasons Why Businesses Should Choose Shufti Explore More

    Blog, Business Technology

    What Due Diligence Means for Your Business

    Due diligence is a process that helps banks and individuals to get to know in detail who they are...

    What Due Diligence Means for Your Business Explore More

    Blog

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2]

    Australia is an important member of the Financial Action Task Force and plays a substantial role ...

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2] Explore More

    Blog

    Electronic Identity Verification | Forecasts and Predictions

    Identities change as the world goes more digital. As more activities, like banking, socialising, ...

    Electronic Identity Verification | Forecasts and Predictions Explore More

    Blog, Online Marketplace

    What do NGOs have to gain from Identity Verification Services?

    Identity Verification services are quickly becoming the cornerstone of NGO-related activities acr...

    What do NGOs have to gain from Identity Verification Services? Explore More

    Biometric Technology, Blog, Online Marketplace

    Face Verification Becoming Vital For Travel Industry

    Over the past few years, biometric technology has become increasingly mainstream. This is due in ...

    Face Verification Becoming Vital For Travel Industry Explore More

    Blog

    Frequently Asked Questions about OCR Scanners

    The way we process and analyse written information has been entirely transformed by Optical Chara...

    Frequently Asked Questions about OCR Scanners Explore More

    Blog

    Identity Verification | A Complete Guide to Compliance and Risks

    The United Nations says $2 trillion is laundered globally every year. Of that, less than 10% is d...

    Identity Verification | A Complete Guide to Compliance and Risks Explore More

    Blog

    What To Consider When Implementing Forensic Document Verification Services

    As the demand for digital products and services has skyrocketed, so does the need for verificatio...

    What To Consider When Implementing Forensic Document Verification Services Explore More

    Blog

    Avoid Non-Compliance Fines with AML Transaction Monitoring

    Cybercriminals in the realm of fraud and financial crime are constantly revising exploitation met...

    Avoid Non-Compliance Fines with AML Transaction Monitoring Explore More

    Blog

    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...

    AML Compliance in the UK’s Financial Sector – What Shufti Offers Explore More

    Blog

    Assessing the Importance of Digital Identity Verification in On-Demand Services

    Dealing with the after-effects of the coronavirus pandemic, digital business platforms and e-comm...

    Assessing the Importance of Digital Identity Verification in On-Demand Services Explore More

    Blog

    ICOs blocking investors from USA and China – Why and How?

    Initial Coin Offerings, more commonly known as ICOs, are all the rage in modern day financial wor...

    ICOs blocking investors from USA and China – Why and How? Explore More

    Blog, Online Marketplace

    ID Verification Ensuring Safety Deals in Real Estate Sector

    Buying and selling properties for people are major, thought-provoking decisions. It requires week...

    ID Verification Ensuring Safety Deals in Real Estate Sector Explore More

    Blog

    KYC in 2021 – Shaking Things Up in the Financial World

    Despite the considerable investments made by industry leaders, KYC is still a challenge in the fi...

    KYC in 2021 – Shaking Things Up in the Financial World Explore More

    Blog

    Combatting Fraud in the Automotive Industry

    Fraud is a growing concern for many industries and the automotive industry is no exception. In 20...

    Combatting Fraud in the Automotive Industry Explore More

    Blog

    6 industry experts explain the role of KYC in cybersecurity

    Cybersecurity is no more limited to firewalls and antiviruses. It is protecting your system, empl...

    6 industry experts explain the role of KYC in cybersecurity Explore More

    Blog

    Securing Business Operations with Risk Assessment

    The increasing connectivity and dependence of the world on technology have led to a rise in sophi...

    Securing Business Operations with Risk Assessment Explore More

    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...

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification Explore More

    Blog

    Anti Money Laundering – What is AML compliance and why is it important?

    Anti-money laundering compliance is vital for obliged entities and being conversant with AML comp...

    Anti Money Laundering – What is AML compliance and why is it important? Explore More

    Blog

    UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance

    The UAE is the Middle East’s rapidly growing cryptocurrency hub that is experiencing a heated-up ...

    UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance 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