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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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A Comprehensive Guide to Understanding Ultimate Beneficial Owners (UBOs)
Identifying UBOs and their control over a business is crucial for financial firms to meet regulat...
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The Shufti Difference: Speed, Security, and Fairness Without Compromise
With over 100 fraud and identity companies operating worldwide, you might assume that something l...
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Prevalent Crimes in Forex Industry – How Shufti Can Help in Mitigating Financial Crimes
Emerging technologies and digitization are transforming the investment sector, creating opportuni...
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Blog, Business Technology, Online Marketplace
Asian Banks push for greater Fintech to cut down AML Compliance cost
Asian Banks are now asking their regional and national regulators to allow more fintech in order ...
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Blog
Common Types of BNPL Fraud and the Role of KYC/AML Regulations
The Buy Now Pay Later (BNPL) services are growing rapidly. 42% of credit customers are interested...
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5 Key Questions About KYC Compliance to Look Out for in 2021
With the COVID-19 pandemic bringing challenges every day for businesses, the rate of identity fra...
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Employee Verification – First Line of Defence Against Corporate Fraud
One day you wake up to the fact that the employee you’ve been trusting for years has been embezzl...
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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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Covid Test Verification To Facilitate Tourism Worldwide
Due to the coronavirus pandemic, tourism has been adversely affected and the entire travel sector...
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COVID Certificate Verification – Mounting Cases of Worldwide COVID-19 Fraud
Where the coronavirus pandemic has been all about social safety protocols and vaccine distributio...
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Shufti Celebrates 5 Years of Innovation in the IDV Industry
October 2022 marks Shufti’s 5th anniversary – five successful years of building trust globall...
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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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Verifying Donors and Origins of Charitable Funds with Identity Verification
Like any other financial institution, charity organisations are also equally vulnerable to moneta...
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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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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 &...
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Safeguarding Telecommunication Industry with Robust ID Verification Solutions – What Shufti Offers
Technology transformation, growing transactions and global digitisation are increasing the potent...
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Acquiring a Security Foothold in Hybrid Workspaces with Facial Recognition
In 2020, companies experimented with different ways of working as the result of lockdown and Covi...
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European Payments Initiative Calling for IDV Solutions
The rise in the popularity of Visa and Mastercard in Europe, both US-headquartered companies, was...
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International Tax Body to curb Cryptocurrency based Tax Evasion
Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the U...
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The UK, US & Singapore – A Spotlight on the Crypto Regulations
Non-compliance with anti-money laundering regulations has been an issue for the finance and crypt...
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KYC Compliance – Identity Verification for Brokerage Companies & Trading Platforms
Online trading platforms provide businesses with the convenience to keep an eye on financial mark...
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Telehealth Services and Sophisticated Crimes – How Shufti Can Help Health Centers
The speed of innovation has never been faster. Re-emerging from a global pandemic, busi...
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Top 10 Questions about AML Compliance Answered by the CTO of Shufti
The regulatory landscape is changing with time and a number of questions are arising. AML complia...
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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, 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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AML/CFT Compliance – Why Australia is a Safe Haven for Money Laundering
Recent inquiries and cases against major Australian casinos have raised questions about the measu...
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COVID Passports – Bringing Convenience to the Travel & Tourism Sector
“Sorry, the earth is closed today.”
Tony Stark’s sarcastic dialogue became the worst possible re...
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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 Trends for the Government Sector in 2022
With the emergence of the new variant of COVID-19 “Omicron” in South Africa, it is possible that ...
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Understanding Facial Identification: Face Verification vs. Face Recognition
Many terms in the biometrics field are used interchangeably, particularly regarding facial verifi...
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Online Dating Activities, Surging Crimes and Shufti’s IDV Solution
Matchmaking is considered one of the oldest industries in existence, online dating is now having ...
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Fraud Prevention – Challenges, Strategies, Best Practices, and Technologies
The twenty-first century is by far the most revolutionary time in the history of humans in terms ...
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The Vicious Cycle of Money Laundering in the Gambling Industry
Money launderers opt for various channels to obscure the origins of their illegally obtained fund...
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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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Age Verification for Social Media – Protecting the Younger Victims of Online Scams
With a significant majority of students diverting from their usual school routines due to the COV...
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Case Study: How Shufti anchors Rapid Global Expansion for BigCash, a Popular Gaming Technology Platform
Witzeal Technologies, India’s leading gaming platform BigCash, with its 40 million+ users and 1.5...
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How to protect your online gaming platform from ID frauds?
Gone are the days when online gaming was only restricted to LAN parties. With the development of ...
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Blog
Is NFC Really the Future? The Mystery Solved!
We arguably live in a world that is now dependent on technology. From online payments to online e...
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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
5 Ways Facial Biometric Technology Elevates Customer Retention
Today, biometric technology is known for its ease of use and reliability. Facial biometrics have ...
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Blog, Business Technology
The demand for OCR Technology increasing for ID Verification
ID verification is core to overall identity verification services that help business around the g...
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Blog
All You Need to Know About Facial Recognition
Rapid digitisation over the past few years has led to the adoption of facial recognition for many...
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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
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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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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Risk Assessment and Management | Why do Businesses need it?
B2B partnership always carries risks that must be managed whilst staying compliant. Business part...
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Blog, Identity & KYC
10 Quick Tips Regarding Identity Theft Protection
Identity fraud has grown substantially in the past two decades, and unfortunately, it is here to ...
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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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KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help
As technology continues to transform the financial industry, the need for identity verification h...
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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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Blog, Identity & KYC
Facial Recognition Technology – Behind The Curtains
Business competition has made security technology critical. There are many innovative security te...
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Digital customer onboarding – Revamping onboarding process in banks
The first impression is what counts most when it comes to customer-oriented services. Banks and f...
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AML Compliance – Eliminating Financial Crimes in FinTech Firms
The FinTech industry is growing rapidly across various sectors with investments and large-scale a...
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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...
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Age Verification Service – How Businesses can Identify Underage Visitors in Real Time?
When it comes online retail, one has to know that in such an age of fast-moving technology and in...
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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, ...
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Protecting eCommerce Platforms and Mitigating Crime Risks with Shufti’s IDV Solution
The term e-commerce was tossed back in the 1960s, with the rise of electronic commerce in which t...
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Marketing Firms embracing KYC Services for Better service Delivery
Browsing through your Facebook newsfeed and you come across one of ‘Those’ friends – “Hey P...
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FINTRAC Amends PCMLTFA – More AML Requirements for Reporting Entities
The rise in money laundering, terror financing and other financial crime has encouraged regulator...
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The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency
Despite volatility in the crypto sector, millions of individuals access their services worldwide....
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Address Verification: The Cornerstone of Elevating Customer Experience
Today’s highly emerging technology is changing the way consumers shop online products. Given the ...
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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
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...
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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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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
The Crucial Role of Face Liveness Check in Fintech
Fintech firms lose approximately $51 million to scams annually. However, the cost of fintech frau...
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Blog
The ‘What’, ‘How’ and ‘Why’ of Sanctions Screening | A Basic Guide
International collaboration and cross-border transactions have become the norm in our interconnec...
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Avoiding Billion-dollar Fraud & Non-Compliance Costs With Shufti
Businesses deplete millions of dollars each year on outdated technologies, employee training, and...
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Blog
Biometric Authentication | Understanding the Significance of Facial Recognition
Data security and identity verification have come a long way since the inception of knowledge-bas...
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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
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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