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KYC, KYB & KYT Tying the Loops for Identity Verification
Digital fraudulent activities are rising with every passing day, businesses are adopting reactive...
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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...
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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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April 2023 Recap: Major AML Fines and Key Events
With the world embracing digital transformation, scammers have adopted sophisticated strategies t...
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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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Balancing UX and Security in the Finance Sector with Biometric Authentication
The global coronavirus outbreak transformed financial operations and forced retailing banks to te...
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Blog, Identity & KYC
Geolocation Technology and its benefits for KYC Verification
KYC verification has come a long way from simply authenticating the official identity documents o...
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Ensuring KYC/AML Compliance In Cryptocurrency Firms – The Role of Shufti
With emerging technologies in the financial industry, cryptocurrency is picking up the pace, and ...
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Age-Verification Evasion in 2025: How Minors Outsmart Weak Age Gates — and How to Fight Back
Introduction
Minors are no longer deterred by simple “What’s your date of birth?” pop-ups. Armed ...
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Blog, Fraud Prevention
Account Takeover Frauds – Impact, Causes, and Prevention
Living in the era of technology, the world is rapidly moving towards digitization. From banking i...
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Securing Identities in the Age of AI with Identity Verification
The digital age has offered unprecedented convenience and connection, but it has also introduced ...
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Ensuring Compliance and Securing Business Reputation – How Shufti Can Help
In the highly digitized world, businesses are partnering with each other to serve mutual interest...
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The Digital Black Market for Identity Data
The collection, purchase, or trade of customer data is big business. Unless organizations and ind...
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Panama Moves Forward With New Crypto Bill – A Step Towards Legalizing Digital Assets
Cryptocurrencies have been around for a decade now. As new technologies are emerging, criminals a...
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Sim Swap Fraud: A new battle in the war of your Identity
In our connected world, we are using mobile devices for communication, work, banking, and enter...
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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 ...
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June 2023 Recap: Major AML Violations and How Can Shufti Help
In global financial systems, the increasing frequency of Anti-Money Laundering (AML) violations h...
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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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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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Art Market in the Frame of Money Laundering
The highly volatile finance and crypto sector is not appealing for many investors, so they turn t...
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Blog, Identity & KYC, Reg Tech
RegTech: The Case for Financial Inclusion
The FinTech industry has grown tremendously in recent years, introducing both scale and efficienc...
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4 Reasons why KYB is Inevitable for your Business
When it comes to corporate collaborations, Know Your Business (KYB) is the ultimate source of sec...
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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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Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering
As the world continues on a path of digitization, business operations persist to undergo signific...
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GDPR Compliance vs BlockChain Debate – Things you must know
GDPR Compliance is here to stay and it is going to be binding on every business and online enterp...
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Blog
A Detailed Insight into the Best Practices for Digital Currency Providers
The world has seen an overwhelming rate of development in the cryptocurrency sector with Centrali...
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Blog, Online Marketplace
Demand for KYC & ID Verification in Higher Education
I remember a friend of mine, Jack, from high school he was one of the most non-serious people I k...
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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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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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7 Things Businesses Should Know About Online Face Recognition Solutions
One might be good at identifying faces. People find it a cinch to recognise a friend’s or f...
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Strong Customer Authentication (SCA) – Factors, Methods, and Benefits
In Europe, new customer authentication requirements for online payments were introduced on Septem...
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Facial Recognition Kiosks: A Modern Innovation in the Food Industry?
Background of Technological Advancement
Technology is regarded as a new way of thinking or doing ...
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Blog
DoorDash Falls in the pit of Data Breach – Affects 4.9 Million Users
Security breaches are increasing in number with every passing day. This keeps on happening. It wo...
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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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6 in 10 Leaders Aren’t Ready for Deepfake Fraud Threats
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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
High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help?
In today’s continuously evolving world, businesses should not only focus on the revenue they gene...
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Online Identity Verification – The Hallmark of Surviving the Digital Upheaval
Embracing the digital world seems like entering uncharted waters where the challenges are novel, ...
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Facial Biometric Authentication for Online Dating Platforms – Building Trustworthy Relationships
Online dating apps have altogether transformed the concept of socializing, and people are now int...
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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...
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Combating Money Laundering Threats in the Art and Antiquities Sector Through AML Screening Solutions
With transforming technologies and growing digitization, the global art industry has also embrace...
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Why online alcohol industry needs robust age verification solutions?
“Can I see some ID?” The question brick and mortar booze stores ask or at least should ask to ver...
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Video KYC in 2024 | A Step Towards Digital Evolution
The striking surge in theft and fraud through digitisation is a growing concern for many business...
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Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer
From the world’s glitziest gaming development to betting shops on the high streets, the global ga...
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5 Features of the Best Transaction Monitoring Solution
Criminals are continuously devising sophisticated strategies to launder illegally-acquired money....
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Implementation of AML compliance – Challenges and fundamentals
With the advancement in security controls, financial businesses are becoming fraud and stress-fre...
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Biometric Authentication is Smart but AI Makes it Smarter – Here is How
In the ongoing digital age security is a top priority concern of any organization. Data is a maj...
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AML Screening – Revealing the True Identities of Ultimate Beneficial Owners in Businesses
Hiding the Ultimate Beneficial Owners (UBOs) behind a business is never a good sign. However, som...
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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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Biometrics identity verification system – a masterstroke in verification market
The biometrics identity verification system determines the resemblance of an individual by compar...
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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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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
Curbing Financial Crimes and Securing Art Market With Shufti’s AML Screening Services
The global art industry is embracing digitization. However, the technological advancements and a ...
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Blog
5 Ways Face Recognition Will Become More Prevalent in 2023 and Beyond
During the covid pandemic, many businesses updated their access control systems to facial recogni...
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COVID-19 pandemic turning into a financial crime threat
A few months back when the World Health Organization (WHO) declared coronavirus a “pandemic” it l...
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KYC Verification: Eliminating Fraud from Crypto Exchanges
Despite persistent volatility, the crypto market continues to yield profits. Whilst the market wi...
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How Can You Make Your Onboarding Process Cost-Effective?
The customer onboarding process can cost your business a fortune if it is complex. In the modern ...
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Blog
Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering
As the world continues on a path of digitization, business operations persist to undergo signific...
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Blog, Online Marketplace
KYC Services and AML Compliance Services for Forex Industry
Forex Industry stands to benefit a lot by incorporating KYC services in addition to AML Complianc...
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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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Safeguarding Ride-Hailing Services with Identity Verification Solutions
With the global digitization, mobility services are known to the world before the pandemic has ir...
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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, Reg Tech
EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free
On June 26, 2018, the European Union landed the fourth AML directive that is targeted at combatin...
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Blog
Establishing trust in Open Banking through Identity Verification
Over the last few years, open banking is becoming an emanated global trend. This rising trend is ...
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Blog
The Looming Threat of Deepfake Apps for the Financial Industry
Deepfakes gained prominence back in 2017 when an anonymous Reddit user manipulated Google’s open-...
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Blog
5 Predictions on the Future of Digital KYC and eKYC
It’s 2023. Welcome to the day and age of digital KYC verification. From multiple copies of ID car...
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Blog
6 in 10 Leaders Aren’t Ready for Deepfake Fraud Threats
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Blog
5-Steps to Improve Customer Due Diligence Process
The digital age has witnessed a new wave of financial fraud. It is estimated that $4.7 trillion o...
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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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Intelligent Security Systems & Digital ID Verification
Most technology solutions present a compromise between convenience and security to their users. I...
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Blog
7 Trends in Identity Verification Solutions to look for in 2020
Internet is an anonymous space where people can hide their identities and come up with bizarre ps...
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Blog
Know Your Driver – Urgency of Identity Verification for Mobility service Providers
Scams have been at the forefront whenever a new tool is made available. The same goes for ride-sh...
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