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 ...
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Blog
40 Surprising Facts and Statistics About Money Laundering [2021 Update]
Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...
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Blog
Stablecoin Market and the Role of AML in Safeguarding Digital Finance
With the rapid expansion of the cryptocurrency market, stablecoins have swiftly emerged as a popu...
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Blog
Shufti Beyond Borders – Customer Experience That Drives Results
About Stanton Brooks
Stanton Brooks is a global customer experience (CX) leader specializing in d...
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Blog, Online Marketplace
Age Verification – Must Have For Age Restricted Retailers
Mobile e-commerce makes up for nearly 29% of the entire e-commerce sales in the US. A majority of...
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Blog, Fraud Prevention, Identity & KYC, Reg Tech
Facial Recognition: Burgeoning Threat to Privacy
The expanding use of facial recognition technology for ID verification, user authentication, and ...
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Blog
Identity Verification with Liveness Detection: The Key to Preventing Spoofing Attacks
Spoofing attacks are not limited to just emails and fake websites. Hackers and cybercriminals hav...
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Blog
How E-Commerce sites can prevent scams over Black Friday and Cyber Monday
For online businesses, customer authentication for internet payments is very crucial. An ever-inc...
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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
AI face recognition for total automation
Face recognition is everywhere but still we’re unable to say goodbye to document, maybe because w...
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Blog
Metaverse and Money Laundering – How Shufti’s AML Screening Helps
For quite some time now, the world has been preparing itself for the latest development in multip...
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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 Player – Preventing Identity Fraud in Sports Events
The ongoing trend of globalizing sports activities since the last few decades has resulted in a l...
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Anti Money Laundering, Blog, Reg Tech
RegTech facilitates effortless AML Compliance
The latest report by Research and Markets states that RegTech industry is expected to grow...
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Blog
NFTs, Art Market – What Investors Need to Know About ID Verification
In recent years, Non-Fungible Tokens (NFTs) have gained global attraction from individuals as wel...
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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...
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Blog, Identity & KYC
GDPR versus Identity Verification – Are you Ready?
If you are an organisation that is based in the EU or are doing business with companies in the EU...
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Blog, Online Marketplace
How Identity Verification Makes Remote Account Opening Efficient for Banks
Banks have a lot to benefit from the remote account opening service as it allows them to bring a ...
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Blog
Perpetual KYC – Securing Businesses through Continuous Identity Verification
With regulatory scrutiny increasing globally, failures or loopholes in security systems pose a si...
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Blog
Infographics
To develop a simple and easy understanding of e-KYC and the role played by Shufti’s digital i...
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Blog
The Path to CX Leadership – An Interview with Saroni Kundu
From Code to Customer: How Saroni Kundu Found Her Passion in CX
In our latest Beyond Borders podc...
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Blog
Securing Business Operations with Risk Assessment
The increasing connectivity and dependence of the world on technology have led to a rise in sophi...
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Blog
A Brief Insight into the AML and CFT Framework of Thailand
Thailand has become quite a popular and well-reputed financial hub, attracting investors worldwid...
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Anti Money Laundering, Blog, Financial Crime / AML, Reg Tech
EU’s Sixth Anti-Money Laundering Directive (AMLD6)
Summary: Sixth Anti-Money Laundering Directive (AMLD6) highlights a stringent framework to combat...
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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
A Detailed Insight Into Canadian Gambling Industry [2022 Update]
Even though Canada is not among the world’s gambling capitals, this business thrives there. The c...
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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...
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Blog
NFT Trading and Money Laundering – How Shufti’s AML Screening Helps Combat Financial Crimes
With revolutionary technologies and growing digitization, the digital version of artworks known a...
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Blog
Synthetic Identity Fraud: Fake Identities for Criminal Activity
An increase in financial crime has been predicted by economic downturns during the previous two d...
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Blog
Top 5 Payment Trends Transforming the Commerce Sector in 2021
Financial markets across the globe saw many unpredictable changes due to the pandemic last year. ...
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Blog, Fraud Prevention
Cryptocurrency Scams – Checklist for Protection
Headlines about some cryptocurrency exchange being hacked are not unusual. So far, hackers have s...
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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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Blog
How to Create a Wow! Fraud Prevention System with Shufti
The ever increasing threat of identity fraud skyrocketed when the coronavirus pandemic struck the...
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Blog
ETSI Identity Proofing Standard – How to Meet the New Regulations
Rapid digitization trends have led banks and financial institutions into competition for providin...
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Blog
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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Blog
What You Need to Know About Switzerland’s Crypto AML Rules by FINMA
Switzerland is historically famous for being a global hub for gold. However, the new digital gold...
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Blog, Business Technology
Fraud Prevention in Fintech Industry
The FinTech industry has really made its mark in the last couple of years. FinTechs have been pro...
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Blog
A Brief Overview of the Cryptocurrency Landscape in the US and Canada [2022]
The adoption of cryptocurrency throughout the world has ignited the launch of new markets and reg...
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Blog
How Optical Character Recognition is Changing the Financial Industry
Banking and other financial services are the world’s most closely watched and strictly gove...
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Blog, Business Technology, Identity & KYC
The Reason Why Companies Painstakingly Screen Customers
Remote identity Proofing: generally believe that more customers bring more revenue. But that is ...
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Artificial Intelligence, Blog
How Augmented Intelligence is next stop in ID Verification Services?
Augmented intelligence (AI), also referred to as intelligence augmentation (IA) and cognitive aug...
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Blog
KYC Compliance for DeFi Platforms – Finding the Balance for a Secure Future
The rise of decentralized services in the form of digital asset trading platforms and DeFi consta...
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Blog
Intelligent Character Recognition (ICR) Software – One step ahead of OCR
What is ICR?
Intelligent Character Recognition (ICR) is an extended technology of Optical...
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Blog
Identity Verification entails a lot more than customer verification
Identity theft and digital fraud are on the rise. Cybersecurity is of essence for all the organis...
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Blog
Top 10 Technology Trends in the Travel Industry to watch for in 2022
The travel industry is one of the worst-hit sectors from the coronavirus outbreak, which disturbe...
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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
Prevailing Financial Crimes and AML Regulation in Argentina – How Shufti Can Help
Argentina has faced many significant challenges due to its geographical location, including the f...
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Blog, Online Marketplace
KYC for Banks: Reducing financial risk with a perfect digital solution
The banking sector has to tread a very balanced path between compliance regulations and customer ...
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Blog
How Effective is Transaction Monitoring in Fighting Financial Crime?
As per the United Nation’s calculations, nearly $2 trillion is laundered annually worldwide, adve...
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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
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...
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Blog
Top 10 Health Industry Trends to Watch for in 2022
What are your expectations from the healthcare industry? Technological advancements have proven c...
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Blog
Rise of Money Laundering in UAE – How Financial Institutions Can Comply with New Regulations
The UAE certainly earned its spot in the top 10 global financial centers with unprecedented growt...
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Biometric Technology, Blog
Biometric identification Analysis and Facial Recognition Technology
Identity verification services might have been the most innovative and effective way to cut down ...
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Blog
NFC Verification – Securing Large-scale Events from Frauds
Large-scale events are a great way for imposters to execute their illicit plans. Data breaches, m...
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Blog
Bitcoin ATMs – how it works and KYC compliance
Bitcoin ATMs are everything an ATM is and isn’t.
The world of finance and banking has chang...
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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...
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Blog
e-IDV | Combatting Fraud in a Remote World
Know Your Customer (KYC) is a method to identify and verify clients’ true identities and re...
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Blog
The Crucial Role of Digital Onboarding and Ongoing KYC Monitoring
In this digital world, users expect convenience, speed, and greater security. Businesses that off...
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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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Blog
How Shufti’s KYC Solution Can Ensure Compliance For Call Centers Fighting Crime
With emerging technologies and rapid digitization, the world is relying on the web and a variety ...
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Blog
E-learning Platforms and IDV Solutions: A Natural And Much Needed Partnership
The advancement of modern technologies and telecommunication modes has made online assistance ava...
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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
Video KYC Verification – Reimaging Customer Onboarding in 2023
As technology is advancing so do fraudsters, ringing security alarms for financial businesses and...
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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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Blog
Revolutionizing the Finance Sector | VKYC’s Impact on Identity Verification in 2024
Identity verification is crucial in today’s ever-evolving digital landscape as it helps prevent i...
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Blog, Reg Tech
Here’s How Compliance to KYC and AML Regulations May Help Crypto Rebound
Cryptocurrency was the talk of the day in the months and even years leading up to the present wee...
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Blog
Fighting identity fraud with AI-enabled ID document verification
It’s no secret that identity fraud has become one of the most increasing problems for online busi...
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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
Basel AML Index 2021 – Evaluating the Risk of Money Laundering Worldwide
The threat for money laundering and terror financing continue to increase with global a...
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Blog
Securing Public Facilities with Touchless ID Verification Kiosks
Due to the coronavirus pandemic, social distancing became the utmost need of the hour. Given the ...
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Blog
AML Compliance – How to Steer Clear of Cryptocurrency Crimes
Bitcoin, Ethereum, Dogecoin, and Tether along with thousands of other cryptocurrencies are rising...
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