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What is Biometric Consent Authentication?
Biometric Consent Authentication is a modernistic approach to counter the increasing number of id...
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Crypto Regulations 2021 – The Updated Compliance Regime in France
Within the last two years, France’ cryptocurrency landscape has experienced significant milestone...
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Banking Scams: Top 5 Predictions and How to Stay Safe in 2023
The most recent fraud statistics will make you uncomfortable.
Fraud cases are rising – relentless...
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Blog, Online Marketplace
Secure Online Gaming with Digital KYC
Here is a scenario that shows the importance of having a digital KYC system integrated with your ...
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Top 5 Frequently Asked Questions about Biometric Verification
Identity theft, data breaches, and other crimes are rising in this age of digitisation. A quick r...
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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, Online Marketplace
Age Verification – Does Your Business Need It?
Several businesses are unaware of the significance that age verification holds for their business...
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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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Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection
Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...
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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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Future Prediction of Identity Verification for Businesses
Ensuring a user’s real identification has become crucial in the age of digitisation. Busine...
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Identity Fraud in Coworking Spaces – How Shufti’s Facial Biometric Authentication Helps
With more and more companies embracing remote work, the trend of coworking spaces is picking pace...
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Blog, Financial Crime / AML
South Korea want Crypto Exchanges to adopt Digital KYC and AML Compliance
South Korea is soon going to adopt regulatory measures to bring in crypto exchanges under regulat...
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Top 5 Reasons to Incorporate Identity Verification into Your Hiring Process
From widespread layoffs to the urgency of hiring as soon as possible, the job market has drastica...
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OCR technology for businesses – Its applications and benefits
Optical Character Recognition (OCR) technology provides a business solution that automates data e...
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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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AML and KYC Compliance – Big Data Optimising the Regulatory Landscape
Today, different sectors face an influx of user data that they need to process and analyse. To de...
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The Definitive Guide to Anti-Money Laundering & Countering of Terrorist Financing
In this modern globalized era, money launderers, terrorist financiers and other criminal elements...
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Identity Verification – Building Trust and Combating Scams in Online Dating
Since the beginning of civilization, humans have always preferred to live in communities. This co...
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The Emerging Threat of DeepFakes and the Role of Video KYC
With technological advancement, cybercriminals are revising their strategies to commit fraud. Cri...
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KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms
With the growth in organised crime and its infiltration into the sports betting market, businesse...
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Blog, Online Marketplace
Fraud Prevention in Real Estate Industry
Fraud prevention tools that include3rd-party KYC service providers are essential in the real esta...
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Blog, Financial Crime / AML, Reg Tech
AML Checks: An Emerging Frontier in RegTech Revolution
The Anti Money Laundering (AML) landscape has been around since the signing of BSA (Bank Secrecy ...
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Blog, Identity & KYC
How Brexit Impacts UK-based Identity Verification Companies?
Brexit and its ramifications for the UK seem to be the only topic that anyone is interested in Br...
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Talent Acquisition Fraud – Hiring Legitimate Candidates with Identity Verification
Along with the rise in virtual and remote work, the number of cases of recruitment fraud is incre...
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Debunking the Top 5 Misconceptions about KYC Compliance
Know Your Customer (KYC) compliance suffers from the issue of unintentional secrecy. Businesses h...
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The Complete Guide | Identifying Fake Documents
Many application processes have become easier and faster due to digital transformation. This is b...
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Indonesia’s First-ever Comprehensive Law on Data Privacy – the PDP Bill
Being the largest economy in Southeast Asia, Indonesia is experiencing enormous growth in the dig...
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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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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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How Shufti’s KYC Solution Can Ensure Compliance and Help in Battling Identity Fraud
With booming technology and rapid digitization, a large number of businesses are adopting the dig...
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The Role of Biometrics in Combating Money Laundering and Identity Fraud
The fast-paced growth of biometric technology and its widespread adoption in the financial and he...
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How Can Businesses Detect Arbitrage Sports Betting?
Various gamblers have investigated and exploited potential weaknesses in betting markets for mill...
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E-Signature Verification | Why Businesses Should Consider Adopting It
Physical paperwork is a thing of the past now. It is a time and labour-intensive task that requir...
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Elevating Payment Security: The Crucial Role of Biometric Authentication
There has been a considerable rise in digital payment methods in recent years. People now prefer ...
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Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector
Transforming technology, growing digitization, and increased use of online transactions have acco...
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Blog
KYC Verification – Defeating Anonymity on Social Media Platforms
In the introductory phase, social media platforms were merely a small part of the internet where ...
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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
Risk Assessment: Building Trust in Crypto Exchanges
Other than following AML and KYC laws, crypto exchanges have a huge responsibility on their shoul...
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5 RegTech Applications That Will Govern the Financial Regime in 2021
RegTech, short for Regulatory Technology, is the subset of FinTech which bridges the gap between ...
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How Shufti Identity Verification User Experience Impacts Business Outcomes
User experience (UX) isn’t only about design or even metric-driven decision making. It’s a busine...
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Global Trade and Prevalent Crimes – How Shufti’s AML Solution Can Help
International trade is exchanging services, capital, and goods across borders or territories, gen...
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May 2023 Recap: Major Security Breaches and Penalties
May 2023 witnessed several security breaches wreaking havoc on the digital landscape. High-profil...
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Brazil’s Updated Regulatory AML Guidelines for 2023
Money laundering, corruption, and drug trafficking are prevalent issues in Brazil, the world’s se...
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An Insight into Online Dating Scams – How Identity Verification Helps
The impact of Covid-19 on businesses and the physical, mental health of individuals has been stre...
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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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KYC/AML Compliance – A Roadblock for Money Mules and Illicit Fund Transfers
Cybercrimes are becoming increasingly complex and diverse in the era of digitization, with frauds...
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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....
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Biometric Technology, Blog, Online Marketplace
Why a Business would need Biometric Consent Verification?
Biometric consent verification is a unique solution from Shufti that enables businesses and c...
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Blog, Identity & KYC
Identity Proofing – Prevention from Data Breaches
World economic forum states that Cyberattack is mapped as one of the top threats to global stabil...
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AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance
With technology evolving every day, online gambling is one of the sectors that has revolutionized...
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How Artificial Intelligence is taking ID verification to the next level?
Identity theft is deemed as a growing problem. Particularly with the increase in online shopping,...
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Blog
Video KYC – Understanding the ‘what’ and ‘how’ [A short guide]
Archaic and lengthy KYC procedures were soon to be rendered obsolete by the rapid rate of digitis...
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KYC Verification – The Need for Customer Due Diligence in Co-Working Spaces
The development of coworking platforms has led to a business transformation that brings security ...
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Blog
Build Trust and Secure Online Dating Platforms with Identity Verification Solutions
Online dating scams, such as the one filmed in the recent Netflix Original documentary “ The Tind...
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Blog, Online Marketplace
Industrial significance of KYC / AML Compliance in 2019
As the type and amount of fraudulent activities have increased over the years, governments and re...
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Blog
5 Key Questions about Facial Recognition Answered by Experts
Technology has definitely made life convenient but comes with a gazillion concerns from anyone wh...
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Blog, Online Marketplace
Ride Sharing Services and ease provided by KYC Services
Ride Sharing services might be the hottest form of transportation especially in developed countri...
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Blog, Online Marketplace
Fraud Prevention in Real Estate Industry
Fraud prevention tools that include3rd-party KYC service providers are essential in the real esta...
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Blog
UK’s Digital Identity Framework – Cornerstone of Reliable ID
In today’s technology-driven era, digital identity is becoming inevitable. Physical interactions ...
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Blog, Financial Crime / AML, Identity & KYC
5AMLD: Implications for Cryptocurrency
What is 5AMLD?
As part of the Action Plan against terrorism, the 5th Anti-Money Laundering Direct...
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How machine learning changed facial recognition technology?
We are entering a new era of fast and secure authentication clubbed with a perfect storm of digit...
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Breaking the KYC Remediation Cycle through a Risk-based Approach
Banks have paid more than USD 30 billion over the past few years due to ineffective policies to c...
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Blog
Top 5 Digital Banking Trends to Look Out for in 2022
2021 was fundamentally geared towards surviving the pandemic and its aftermaths. The pandemic-acc...
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Blog
The Definitive Guide to Anti-Money Laundering & Countering of Terrorist Financing
In this modern globalized era, money launderers, terrorist financiers and other criminal elements...
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Blog
A Comprehensive Guide to Choosing a Perfect e-KYC Solution for Businesses
Most of our processes, including financial and business dealings, have now shifted to online plat...
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Blog, Identity & KYC
How Real ID Act enables Digital KYC Services for US Customers?
Digital KYC Services for US based customers are in debt of Real ID Act as it streamlined the proc...
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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...
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Blog
Digital ID Verification – Why is it Critical for Customer Experience?
Last year was all about lockdown and pandemic disrupting business operations to the very core. Th...
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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...
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Blog
5 reasons why passwords are no more safe – What’s next?
Online platforms are using passwords to secure the privacy and data of their users – but ar...
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Blog
Latest Regulatory Updates on KYC Verification for Crypto Exchanges
Even by the standards of cryptocurrency, the volatility exhibited in 2021 has been astounding. In...
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