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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KYC & AML – A Top Priority for Soaring Buy Now, Pay Later Services
In today’s credit-thirsty world, Buy Now, Pay Later has emerged as a clear winner, forever changi...
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Blog
Implementing Robust Anti-Money Laundering Checks for the Insurance Sector
Insurance companies play a decisive role in the considerable growth of an economy. It turns accum...
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Blog
Risks of Vaccine Verification Apps & What IDV Industry can Offer
COVID-19 has brought enough changes to make the world smarter. Businesses and customers migrating...
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Blog, Business Technology, Fraud Prevention
How Identity Theft Protection Can Increase Your Profit!
Identity theft protection is something that is not only a concern for ordinary users anymore. Bus...
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Blog
Know Your Investor | Understanding Which Investors to Onboard
Investor onboarding is regarded as one of the most critical stages of the business’s lifecy...
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AML Compliance – Putting an End to Money Laundering in Crypto Firms
In the past few years, cryptocurrencies were widely adopted as an investment method by not only i...
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Blog
Know Your Patient (KYP) | Significance in Fighting Patient Identity Theft & Scams
The global medicare industry is a common target for fraudsters looking to gain access to patients...
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Blog
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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Blog
Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference?
Ensuring robust identity verification processes is necessary with the ever-increasing n...
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Blog
KJM Age Restrictions Breaking New Grounds for Gaming Industry
Minor protection has become a challenge for everyone these days. Parents are worried about the ty...
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Cross Border Digital Payments – Regulatory Regime and the Global Context
The world is moving towards smarter payments with technology trends picking up the pace in 2021. ...
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Blog
Why Digital Identity Verification is Booming – A Detailed Insight
According to the report “Digital Identity & Document Verification Market & Technology Ana...
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Blog
Overcoming the Challenges of Proliferation Financing with AML Screening Solutions
On September 23rd, the 2021 UK NRA (National Risk Assessment) was published as part of the govern...
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Blog
ID Document Fraud | Is Your Business Prepared to Fight the War Against Fraud in 2024?
In today’s data-driven, digitized world, various business processes have been automated...
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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
Securing The Digital Landscape with Electronic Identity Verification Services
With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...
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Blog
Merchant Onboarding – Evaluating the Best Practices to Onboard Risk-free Partners
Partnering with the right people who can actually help your business grow is quite a tedious task...
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Blog
Analyzing and Balancing the Variables of an Effective Identity Verification Solution
Today’s constantly transforming digital landscape where technology empowers businesses fast-paced...
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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
Securing Digital Landscape with Electronic Identity Verification Services in 2023
With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...
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Blog
The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms
As the digital revolution takes hold worldwide, there has been an unparalleled surge in the adopt...
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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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Blog
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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AML Compliance and Digital Banks – Understanding the Evolving Regulatory Landscape
The emergence of new technologies in FinTech, increasing use of digital currencies, and alternati...
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Blog
Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference?
Ensuring robust identity verification processes is necessary with the ever-increasing n...
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Blog
Shufti Marks 4 Years of Streamlining KYC and AML for Global Businesses
October 2021 marks four complete years since the launch of Shufti. As years begin to stack, t...
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Blog
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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Blog
Top 6 Practises For Your Business To Pinpoint Key Risk Areas
As global industries continue to evolve and digitise, customer risk assessment has become a criti...
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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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Blog
What are chargeback frauds and what do they mean for businesses?
The world we live in no longer seems to be honest and fair. A large number of individuals are par...
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Blog
5 types of identity theft fraud and How businesses can prevent it?
Online identity theft has the fastest growing crime rate in the world. According to a report, onl...
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Blog
Real Estate Crimes – What Meets the Eye is not only AML Compliance
Cleaning black money has always been the incentive behind every financial crime. Owing to this fa...
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Blog
Crypto KYC: A Growing Need for Industry Regulation
The recent development of cryptocurrencies has resulted in a new era of financial transactions th...
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Blog
Navigating the Changing Digital Finance Landscape 2023
The financial services sector has witnessed a rapid surge in the adoption of digital technologies...
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Blog
How biometrics in visa process reduce travel difficulties
Biometric technology is enhancing the travel industry in many ways. Factors that drive the secur...
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Blog
The Importance of KYC Remediation to Prevent Financial Crimes
If we talk about financial institutions including banks and their processes, one can freely argue...
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Blog, Reg Tech
Shufti GDPR Review 2018: How we protected our clients from regulatory fines?
Shufti stands out in KYC industry not only because of its highly customizable and global iden...
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Blog
Know Your Business (KYB) | Ensuring Financial Security
The Know Your Business solution standard verifies a company’s legal standing and confirms i...
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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
10 Fraud Signals Every Industry Must Monitor
Gone are the days when businesses paid attention to customer verification only. Today, organizati...
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Blog
Corporate Transparency Act – The Road to Better AML Compliance
According to the latest reports, the United States ranked number 1 for not complying with the ant...
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Blog
Understanding Digital Identity
What is Digital Identity?
In the digital world, your identity is made up of your p...
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Blog, Fraud Prevention
Identity Theft Frauds – How can you stay a step ahead?
Identity theft is ‘a hot potato’ these days. Every day we come across news of online fraud that h...
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Blog
How E-KYC is Overcoming the Hurdles of Financial Inclusion
The challenges associated with the global pandemic have risen at a bewildering speed and yet ther...
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Blog
KYC Outsourcing vs. In-House Systems – What Should Businesses Opt For?
KYC requirements for financial institutions throughout the world come with a basic need for imple...
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Blog
KYC in Crypto Exchanges – Hitting the Nail on the Head
A few years back, startups related to ICOs (Initial Coin Offerings) were in full swing, driving t...
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Blog
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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Blog
The Dark Side of Digital Wallets and the Role of Crypto Monitoring
Cybercriminals have recently exhibited a keen interest in crypto theft, in some circumstances goi...
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Blog
Transforming the KYC Experience Using Automated Document Verification Checks
In 2021, reported fraud losses were $5.8 billion, a more than 70% rise in a single year. As ident...
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Blog, Financial Crime / AML
Challenges of AML Compliance under FinCEN
AML Compliance for US based Cryptocurrency companies has been tightened by Financial Crimes Enfor...
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Blog
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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Blog
Social Media Platforms and Increasing Crimes – How Shufti’s ID Verification Services Can Protect
The rise and evolution of social media have completely transformed the way people communicated an...
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Blog
e-IDV: Safeguarding Businesses and Customers in the Digital Age
Identity theft cases are on the rise in this age of digitisation. In 2022, India topped the list ...
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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
The Most Common Bank Scams and How e-IDV Can Help
Protecting customers against diverse types of fraud is a continual practice for banks and credit ...
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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
KYC Identity Verification – Building Customer Trust in Ride-Hailing Services
The transportation industry is in the phase of significant disruption, redefining its services an...
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Blog
Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector
Banks are thought to be the most important part of the financial system, playing a vital role in ...
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Blog
Identification, Verification and Authentication – Cut from the same cloth
The modern era of technology has brought so many frauds to light. The digitized world has urged b...
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Blog
Combating 8 Prevalent Biometric Fraud Through a Single AI Solution
Considering how criminals are attempting new strategies to “steal a face”, companies are no longe...
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Blog
Preventing Criminal Abuse of the Australian Crypto Market with Shufti’s AML Screening Services
Cryptocurrencies have been around for a decade and investors have found a feasible option for inv...
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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
Digital COVID Certificate Verification: Prevalent Problems and Viable Solutions
Following the rollout of viable vaccines to combat COVID-19, the prospects of normalcy are on the...
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Blog
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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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, 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
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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Blog
5 Best Practices to Combat Identity Fraud on Social Media Platforms
Social media has demonstrated extraordinary growth in the past decade as a result of improvements...
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Biometric Technology, Blog
Biometric Authentication: Applications and Constraints
Biometric authentication is considered as an advanced way of ensuring Know Your Customer (KYC). T...
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Blog
International ID Day – An Overview of the 2021 Identity Landscape
The International ID Day is not marked on everybody’s calendar but is of significant value for ma...
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Blog
Fighting Financial Crimes and Securing Gambling Services with Shufti’s AML Screening Solution
Historically, the measures to curb money laundering and terrorist financing had only been only im...
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