Blog
Top 10 AML Trends to Watch for in 2022
In 2021, the increasing scope of regulatory sanctions has affected businesses globally. The use o...
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Blog, Business Technology
Biometric Verification – Shaping the Future of Payments
Today’s world is no longer different from the science fiction world. With the advent of technolog...
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Blog
Anti-Money Laundering Solutions | Helping Businesses Fight Against Financial Crimes
In today’s digital world, increased financial crimes adversely impact global industries, mainly t...
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Top 7 Trends Shaping the Future of Gambling Industry in 2023
Amidst technological advancement and the changing regulatory landscape, the gaming sector demonst...
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Age Verification: Data Privacy and User Protection
In recent years, there’s been a lot of speculation surrounding the issue of whether or not ...
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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...
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Eradicating Financial Crimes in Online Gambling using NFC Verification
Emerging technologies have altogether revolutionized the online gambling industry and instead of ...
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Estonia’s AML Act Amendments – Securing Virtual Currencies in 2022
Estonia’s financial institutions are developed and ensure transparency as its laws are well-defin...
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Customer Risk Assessment: Strengthening Security in the Digital Age
Business partners, vendors, and third parties play essential roles in daily operations, contribut...
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Why Payment Processors Need Mobile ID Verification?
One of the many by-products of progressing technology is payment systems that have cropped up ove...
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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 ...
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Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention
Before the world experienced digitisation due to the advent of smartphones, fast-speed internet, ...
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Top 5 Technologies Disrupting the Healthcare Sector
Within the next five years, experts are anticipating major technological disruption in the 808 bi...
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e-IDV: Improving Client Onboarding for Banks and FinTech
Individuals and business owners often face significant time constraints when visiting banks physi...
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Blog, Financial Crime / AML, Online Marketplace
Smaller Banks are in dire need of AML Compliance to avoid fines
Smaller banks are being considered an easy target for money laundering activities because of thei...
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Blog
An Insight into Global Regulations for the Cryptocurrency Sector [2022 Update]
With emerging technologies continuing to proliferate faster and rapid digitization all around us,...
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Blog
FinCEN Files – Banks abandoning front-line defenses against money laundering
Banks and financial institutions are under the continuous scrutiny of regulatory authorities, yet...
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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
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...
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Blog
The FATF Travel Rule: What Business Owners Must Know
The rapidly evolving landscape of technology and cryptocurrency has made the regulation of digita...
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Blog
Top 10 AML Trends to Watch for in 2022
In 2021, the increasing scope of regulatory sanctions has affected businesses globally. The use o...
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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
Transaction Screening: The Benefits and Challenges
Financial crimes are rising, wreaking havoc on organisations and individuals. The fraud rate has ...
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Blog, Online Marketplace
How Identity Verification Solutions Can Make Summer Travel a Breeze and Generate Revenue?
The travel industry is a unique business category servicing clients from various destinations and...
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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...
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Blog
Understanding AML Sanction Lists: Key Global Regimes and their Importance
Sanction lists are expanding regularly and sanctions imposed by different authorities do not alwa...
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Blog
Blockchain and cryptocurrency security Guide
Online bitcoin business might have experienced a slump in recent months but still, it remains to ...
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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...
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Blog
How Can 2-Factor Authentication Protect Customers Against Fraud?
Need for Customer Authentication Mechanisms
Since the existence of humanity, new innovations and ...
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Blog
Working from Home Spikes Demand for Digital Identity Verification
Due to the Coronavirus Pandemic, many businesses are grounded or are enforced to work from home. ...
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Blog
Embedding online identity verification methods for enterprise security
The internet knows a lot about us now. And businesses are using this information to verify our di...
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Blog
5 Types of ID Fraud Skyrocketed in the First Half of 2021 – Shufti
Last year, Shufti’s AI-powered identity verification system captured a 3.36% increase in iden...
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Blog
Facial Recognition: A Technology for Online Businesses to Prevent Fraud
Today, biometric technology has traditionally established itself and has become an integral part ...
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Blog
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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Blog
AML Compliance – Addressing Financial Crime Challenges in the UAE’s Banking Sector
The United Arab Emirates (UAE) is fast becoming the world’s most reputable financial hub, but the...
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Blog
Identity Fraud on Social Media Platforms – How Shufti Keeps Fraudsters at Bay
With almost 70% of the world’s population interacting through social media platforms, businesses ...
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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
Facial Recognition: Worries About the Use of Synthetic Media
In 2019, 4.4 billion internet users were connected to the internet worldwide, a rise of 9% from l...
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Blog
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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Anti Money Laundering, Blog, Business Technology, Identity & KYC
Customer Due Diligence: From KYC to KYB
Why CDD is significant for both Know Your Customer and Know your Business verification?
Banking i...
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Blog, Financial Crime / AML
Impact of Canada’s Evolving AML Regimes on Your Business
Canada’s AML regulations changed a lot in 2019. More rigid AML regulations are imposed on all typ...
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Blog
Record-Breaking Fines on Banks for KYC/AML Non-Compliance
Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance have been structured to make ...
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Blog
HKMA’s Risk Assessment Guidelines for AML/CFT Compliance in the Banking Sector
In the past few years, global regulatory authorities have been laying new grounds for Anti-Money ...
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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
Top Applications of Facial Recognition Technology in the Digital Age
Facial recognition technology is biometric security in which an individual’s physical trait...
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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...
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Blog
Regulatory Compliance | The Importance of Age Verification on Betting Sites
Online betting sites and gambling platforms frequently face significant challenges in adhering to...
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Blog
Fraud Detection, Compliance, and ID Verification Solution to Secure the Telecom Industry
The telecommunication industry has played a crucial role in global digitization, innovation, and ...
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Blog
Biometrics Bucking the Trend of KYP in Healthcare
Over the last few years, biometric technology is deeply entrenched in various commercial marketpl...
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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
KYC Analysts: The First Line of Defense Against Identity Theft and Fraud
An upsurge in financial transactions has led to heightened money laundering risks and terrorist f...
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Blog
China’s New Data Security and Personal Information Protection Laws [2022 Update]
For the purpose of identification, interdiction, and prevention, many governments, regulators, an...
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Blog
Optical Character Recognition (OCR) – Powering Shufti’s Document Verification
Trust is a key factor when it comes to doing business or getting financial services from banks. A...
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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
AML Non-Compliance Penalties Soaring Sky High in the First Half of 2021
After the skyrocketing fines and penalties on banks for AML non-compliance in 2020, the year 2021...
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Blog, Identity & KYC
Enhanced Due Diligence: Ensuring KYC and Regulatory Scrutiny
Enhanced Due Diligence: The adoption of innovative solutions in businesses today, should not have...
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Blog
Gambling Compliance or Data Protection? The Puzzle is Solved!
The evolving regulations for the gambling industry are likely to increase compliance challenges i...
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Blog, Online Marketplace
Fraud Protection services for Online Retail Businesses
Online Marketplace faces Chargeback issues
Fraud Protection Services are an integral part of reta...
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Anti Money Laundering, Blog, Identity & KYC, Reg Tech
RegTech – FATF Guidance for Digital Identity Verification
Regulatory authorities have recognized the benefits of technology and its use for seamless regula...
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Blog
Securing Banks and Curbing Financial Crimes with Shufti AML/KYC Solution
Banks and other financial institutions constantly face the challenges of tackling financial crime...
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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...
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Blog
Age Verification: Use Cases, Significance and Regulations
This pillar post talks about the significance of digital age verification, how it works, what are...
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Blog
5 Key Cybersecurity Threats for 2020
Cybersecurity threats have become remarkably common and they continue to gain traction with the p...
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Blog, Online Marketplace
e-KYC Services for Libraries
Have you ever had those series of events that leave you shaking your head? That makes you believe...
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Blog
Analyzing the UK and US Gambling Industry by Numbers
Businesses and people in the gambling sector are aware of the risks involved and what are their p...
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Blog
Investor Onboarding | Navigating the Challenges of Digitization
Private market companies are setting their sights on retail investors and exploring technology an...
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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
Top 13 Cybersecurity Predictions for 2020
Cybersecurity threats are ostensibly ubiquitous in this internetworking infrastructure. Internet-...
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Blog
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
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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Blog
Video KYC Verification | The Hassle-Free Process of Authenticating Identities
Digital onboarding these days is getting tougher for firms working and managing their business op...
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Blog
Initial Exchange Offerings (IEOs) – A Detailed Insight
The advent of the Crypto industry brought decentralized and innovative fundraising ways. One of t...
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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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