Blog
Addressing Regulatory Compliance in Online Gambling with Effective AML Screening
The internet is a key risk element for gambling because it gives the user a sense of obscurity, t...
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How E-Commerce sites can prevent scams over Black Friday and Cyber Monday
For online businesses, customer authentication for internet payments is very crucial. An ever-inc...
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Know Your Investor (KYI) – Identifying and Eliminating Russian Sanctions Evaders
For quite some time, wealthy Russian businessmen and oligarchs have been investing their money in...
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Facial recognition technology grooving into cruise ships for ID verification
No more boarding frustration, no more standing in the queues for hours…
The travel industry is re...
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Blog, Financial Crime / AML
AMLD5 Amendments in Prepaid Cards Transaction Threshold
In July 2018, the European Commission came into effect the 5th Anti-Money Laundering Directive (A...
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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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Blog
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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Augmented Intelligence – What 2019 have for AI systems?
Admittedly, Artificial Intelligence or AI has gained a considerable amount of ill reputation from...
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Anti Money Laundering, Artificial Intelligence, Blog
AI a Blessing – AML compliance cost reduced by $217 billion
The U.S. financial firms spend approximately $25.3 Billion in terms of compliance, risk managemen...
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Biometric Authentication Technology – Everything you Need to Know
Nowadays businesses are looking for more secure systems for the sole reason of customer authentic...
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Mobile Payments – Way of the Future or a Fad of the Digital Age?
Are we moving towards a world where retailers may one day say “We don’t take cash”? As mobile pay...
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Biometric Authentication: The Importance, Use Cases & Myths
Today’s business owners rank security among the highest priorities. As hackers continue to ...
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Digital COVID Pass: Automated COVID Report Verification
The worsening situation of the pandemic has forced authorities to impose restrictions on several ...
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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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Adverse Media Screening | Assessing and Mitigating Potential Crime Risks
In today’s digital world, where fraud prevails exponentially, risk management is crucial to fight...
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Blog
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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Blog
Key Takeaways from Shufti’s Global Identity Fraud Report 2020
After the rollercoaster year 2020, Shufti hopes this year will be less distressing for every...
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Blog, Financial Crime / AML, Identity & KYC
All You Need To Know About KYC Compliance
Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...
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Blog
Biometric Authentication: Use Cases and Advantages
What is Biometric Authentication?
Biometric authentication refers to the process of using unique ...
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Blog
How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud
The advent of online businesses has brought a lot of convenience for customers using modern techn...
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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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A Detailed Insight Into Australia’s Gaming and Gambling Regulations
In recent years, the online gaming and gambling industry has experienced significant growth as te...
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AML Screening – Combating Money Laundering in Luxury Vehicle Dealings
Financial criminals usually look for priceless items like art, antiquities, as well as luxury veh...
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Blog
The Truth Around DeFi Compliance – Bridging the Transparency Gap
Financial markets around the world have seen increased popularity with the advent of decentralise...
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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
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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Blog
Supplementing blockchain with KYC offers endless possibilities
While you may be tempted to think that decentralized and anonymous blockchains are safe because t...
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Blog, Online Marketplace
How AI is Transforming Fraud Prevention in the Healthcare Industry
KYC For HealthCare: Fraud is so common that there is hardly any industry that hasn’t had to bear ...
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Blog
How identity verification can help prevent Medical Identity Theft?
Digitization is reshaping the future of healthcare. With the healthcare industry, having more res...
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Blog
Post COVID-19 – What are the alternatives to fingerprint biometrics for identity verification?
The way things are headed, there is no doubt about the fact that the world will be a different pl...
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COVID-19 & Telehealth Fraud: Why ID Verification Is Necessary
From being a medical coverage option to becoming a medical necessity, the telehealth industry has...
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AML Compliance in High-End Vehicle and Yacht Sales
High-end vehicles and expensive properties are the universal status symbols that represent the ex...
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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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A guide to choosing the right ‘Digital Identity Verification Solution’
Living in the digital era, everything is now just a click away. From customer onboarding to onlin...
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Blog
Customer Due Diligence Checklist – Is Your Business Compliant?
Compliance regulations can be a challenging task for the financial services sector and fulfilling...
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Blog, Financial Crime / AML, Identity & KYC
All You Need To Know About KYC Compliance
Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...
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Blog, Online Marketplace
How API-based Technologies Can Transform the Future of Online Marketplace
API Based Technologies: Application Programming Interfaces (APIs) are giving advanced ways of dig...
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Artificial Intelligence, Blog, Identity & KYC
How Biometric Technology is Shaping Up for 2020
The verification of individuals for security measures has become remarkably important for organiz...
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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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Blog
What 5 Businesses Have to Say About Shufti’s Digital AML/KYC Services
Various industries throughout the world are being transformed through automation thanks to the on...
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Blog, Online Marketplace
7 Identity theft protection practices for Business and Recuriters
Identity theft is now no more a cause of concern for the individual users only as corporations an...
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Blog
Top 10 Real-World Scenarios Where Shufti’s IDV Can Help
Whether you’re an e-commerce store that needs to verify delivery addresses or a bank that has to ...
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7 Best KYC and Fraud Prevention Tips for Online Businesses
With the explosion of internet and web applications, the online interaction between consumers and...
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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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Blog
Know Your Patient – Eliminating Fraud and Crime in the Healthcare Sector
The digital transformation has reached the healthcare sector with new remote onboarding options f...
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Blog
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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Biometric Technology, Blog
How eIDAS compliance is easier with Biometric Consent from Shufti pro?
Biometric consent authentication is a brand new verification solution from Shufti, using an i...
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Blog
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
Mobile Payments – Way of the Future or a Fad of the Digital Age?
Are we moving towards a world where retailers may one day say “We don’t take cash”? As mobile pay...
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Blog, Financial Crime / AML, Online Marketplace
Billion Dollar AML Compliance Plan for the Financial Sector
The financial services sector has long been blamed for the spread of financial crimes like money ...
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Blog
Digital Passports Driving the need for Biometric Verification at Airports
Digital or chipped biometric passports have automated the verification process at airports. The e...
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Blog
AML Compliance for Luxury Goods Market – How Shufti can Help
Money laundering using high-value goods such as jewelry, yachts, motor vehicles, watches, fine ar...
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Blog
Identity Document Verification | Revolutionising Customer Onboarding
Companies worldwide are undergoing a radical digital transition to keep up with today’s lig...
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Blog
Biometric Authentication: The Importance, Use Cases & Myths
Today’s business owners rank security among the highest priorities. As hackers continue to ...
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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
Risk Assessment: Building Trust Among Travellers
The travel and tourism industry is among the largest in the world. Many countries, such as the UA...
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Blog
Unfolding Telecom Frauds through Effective KYC Compliance
The growing adoption of smartphones has naturally spurred sharing of personal data. From providin...
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Artificial Intelligence, Blog
Knowledge Based Authentication a Thing of Past
If you are wondering what is knowledge-based authentication or KBA, let me ask you a question, ‘w...
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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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Blog
A Brief Insight into Netherlands’ Cryptocurrency Regulations
Just like other European countries, the Netherlands is also a notable financial center making it ...
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Blog, Online Marketplace
How the Rise of ID Verification Promises Trillions of Dollars for Online Marketplace?
The affliction of cybercrimes and online frauds has reached such high proportions that the cost o...
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Blog
FBO Accounts and Fintech – Securing Financial Operation with ID Verification
With global digitization, online financial services are becoming mainstream. Due to this, maintai...
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Blog, Identity & KYC
What are the Different Types and Solutions of ID Verification?
Customer identification is not an option for some businesses, it’s a must. Ignoring due diligence...
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Blog
The Relentless Rise of Fraud in the FinTech Industry – How CDD Helps
Fraud has always been on the rise ever since the advent of the FinTech industry. As perpetrators ...
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Blog
Covid Report Verification: New Restriction for Airports
The Covid-19 cases have drastically increased over time and as of February 6, 2021, 18,262 new ca...
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Blog, Reg Tech
3 Reasons why RegTech is the Future of Innovation?
Regulatory Technologies, commonly referred to as RegTech, is an innovative use case of Financial ...
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Blog
Know Your Donor (KYD) for NPOs – Red Flags that Charities Need to Consider
Like every other sector, non-profit organizations and charities are also vulnerable to financial ...
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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
NFC Verification for Seamless Customer Onboarding
As more than 80% of today’s smartphones have NFC technology, different industries are working tow...
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Biometric Technology, Blog, Fraud Prevention, Identity & KYC
Multi-factor Authentication is being defeated’ warns FBI
For years, online businesses and organizations have been adopting various strategies and defense ...
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Blog
Shufti’s Ongoing AML Solution to Prevent Transaction Laundering
Online financial criminals are always finding newer ways to exploit financial infrastructures in ...
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Blog
Third-party Due Diligence – Red Flags, Regulations and 5 Ways to Enhance It
The majority of businesses depend upon a third-party in one way or the other. Contractors, suppli...
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