The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    18.97.14.85

    Healthcare is Under Attack: Strengthening Security with Biometric Verification

    b-img-combatting

    Healthcare scams cost our economy tens of billions of dollars every year and the lowest value of losses is 3% of total healthcare expenses. whilst some governments estimate the loss to be 10% of the sector’s total budget, equating to over $300 billion. These concerning statistics have urged healthcare providers to consider streamlining security measures to accommodate the growing threat by implementing biometric verification solutions. 

    Latest Healthcare Fraud in Review

    • Twenty-three Michigan residents were fined lately for their alleged involvement in two unauthorised schemes. Their goal was to trick Medicare of over $61.5 million through bribes, kickbacks and also billing Medicare for nonessential medical services that they never provided.
    • Federal prosecutors have recently fined a firm operating addiction treatment centres in Rhode Island and Massachusetts, its owner and a senior worker with healthcare fraud.
    • The owner and manager of Meik Medical Equipment and Supply are now federally convicted for participating in a scheme to circumvent Medicare Advantage and Medicaid managed care plans. Both were alleged to billing two insurance companies fraudulently, for over $3.8 million,  from December 2010 to February 2014 for a number of costly patient support systems that were never offered to caregivers or patients.

    Common Types of Health Care Fraud

    Healthcare fraud affects everyone— businesses and individuals alike. It can elevate health insurance premiums, expose people to unnecessary medical procedures, and cause tax increases.

    As per the Federal Bureau of Investigation (FBI), there are different types of healthcare fraud:

    Healthcare Fraud Committed by Medical Providers

    • Phantom Billing: Charging for a service visit or those items that were never offered to the patient
    • Double Billing: Submitting a number of claims for the same services
    • Upcoding: Billing a more costly service that the patient hasn’t received actually
    • Unbundling: Submitting many bills for the same service

    Healthcare Fraud Committed by Patients and other Individuals

    • Imitating a Healthcare Professional: Offering or charging for health-related equipment and services without having a licence to do so
    • Identity Swapping/Identity theft: Allowing any individual to use your insurance or using another person’s health insurance 
    • Bogus Marketing: Compelling individuals to give their health insurance ID number as well as other confidential details to charge for non-rendered services, or register them in a simulated benefit scheme

    Fraud Involving Prescriptions

    • Forgery: Producing or utilising forged prescriptions
    • Diversion: Diverting any legal prescription for illicit use such as marketing your prescription medicine
    • Doctor Shopping: Visiting healthcare providers to get prescriptions for controlled substances or receiving them from those offices that are involved in illicit activities

    Biometric Verification to the Rescue

    Data privacy is the primary concern of every business and the healthcare sector is no exception. Patients’ data is highly confidential and may contain sensitive details that need to be protected. Leakage of patients’ personal details causes havoc, not only on their privacy but also on the image of a healthcare institution. These data leaks are a reality as 28.5 million Americans were impacted by such breaches in the last half of 2022. However, 21.1 million residents were affected during the first half of the year, representing an increase of 35%. The average data breach in the healthcare sector affected more than 91,000 individuals in the last six months of 2022. Therefore, it is essential to deploy robust security solutions that can ensure data privacy in this fraud-hit world. This is where biometric verification comes to the rescue.

    Biometric authentication uses unique biological or physical characteristics of a person to check that they are who they claim to be. One of the most commonly used techniques is face verification which uses facial features to verify individuals and mitigate the risk of fraudulent activities in healthcare and other businesses.

    Benefits of Biometric Verification in the Healthcare Sector  

    Not only biometric verification protects healthcare from identity theft, data breaches, and other heinous crimes but it offers the sector a number of  benefits such as:

    • HIPPA Compliance: the Health Insurance Portability and Accountability Act of 1996 (HIPPA) is a federal regulation that sets the standard for protecting patients’ sensitive health data. The healthcare sector has a legal binding to follow the rule, otherwise, be ready to pay hefty fines. This is where biometric verification steps in, making the healthcare sector compliant with HIPAA. 
    • Improved Patient Experience: Patients always want a seamless experience whilst they go through security checks deployed in healthcare or other organisations. This is where robust biometric verification is a promising solution, enhancing customer experience. 
    • Positive Brand Image: When the customer is satisfied, they portray the company’s positive image to their family and friends. This helps the sector establish its name in the market and biometric verification takes the lead in this regard.  

    Where Does Shufti Step in?

    Shufti offers an AI-powered biometric verification solution to identify individuals entering healthcare and other sectors. The authentication solution uses 3D liveness detection to securely and quickly authenticate users with their selfies, mitigating the risk of fraud in this technologically advanced world. 

    Here’s what makes Shufti’s biometric face verification an ideal option for the healthcare sector:

    • Globally trusted IDV solution provider
    • Verify within seconds
    • Accuracy rate of over 99%

    Want to know more about how Shufti’s biometric verification solution protects the healthcare sector from heinous crimes?

    Talk to us

    Related Posts

    Blog

    Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help

    With transforming technologies, the use of cryptocurrency is skyrocketing, and a large number of ...

    Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help Explore More

    Blog

    5 Key Regulatory Updates for the Banking Sector in 2021

    The pandemic disrupted operations in the banking sector and the criminal activities significantly...

    5 Key Regulatory Updates for the Banking Sector in 2021 Explore More

    Anti Money Laundering, Blog, Financial Crime / AML

    Mastercard’s EFM Compliance – Another Reason to Invest in Verification

    The modern world is an era of technology. Moving into the fourth industrial revolution, digitizat...

    Mastercard’s EFM Compliance – Another Reason to Invest in Verification Explore More

    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...

    Know Your Patient (KYP) |  Significance in Fighting Patient Identity Theft & Scams Explore More

    Blog

    Top 5 Non-banking Industries in the Crosshairs of Financial Criminals

    The first half of 2021 saw significant disruption in the financial world as traditional criminal ...

    Top 5 Non-banking Industries in the Crosshairs of Financial Criminals Explore More

    Biometric Technology, Blog

    Online Facial Recognition Could Drive a New Wave of Digital Transparency

    Online facial recognition is a much less explored territory when it comes to online identity veri...

    Online Facial Recognition Could Drive a New Wave of Digital Transparency Explore More

    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...

    Digital COVID Certificate Verification: Prevalent Problems and Viable Solutions Explore More

    Blog

    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...

    Top 5 Countries Impacted by Money Laundering – How Shufti Helps Mitigate the Risks Explore More

    Blog

    How to Protect Yourself From Cyber Crime in the Holiday Season?

    Most people around the world do the majority of their shopping during the holiday season. Accordi...

    How to Protect Yourself From Cyber Crime in the Holiday Season? Explore More

    Blog, Online Marketplace

    What do NGOs have to gain from Identity Verification Services?

    Identity Verification services are quickly becoming the cornerstone of NGO-related activities acr...

    What do NGOs have to gain from Identity Verification Services? Explore More

    Blog

    Video KYC: A Complete Overview

    The digitisation of KYC was inevitable, but the COVID-19 pandemic accelerated what would have oth...

    Video KYC: A Complete Overview Explore More

    Blog

    Financial Crimes and Romanian AML/KYC Landscape – How Shufti’s AML Screening Can Help

    Since the coronavirus outbreak, people worldwide have experienced things that no one could have a...

    Financial Crimes and Romanian AML/KYC Landscape – How Shufti’s AML Screening Can Help Explore More

    Blog

    Keeping AI Bias Out of the IDV Game with Shufti

    Consider this: 85% of financial institutions today use some form of AI in their products. The tec...

    Keeping AI Bias Out of the IDV Game with Shufti Explore More

    Blog

    Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services

    Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...

    Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services Explore More

    Blog

    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...

    Ensuring Compliance and Securing Business Reputation – How Shufti Can Help Explore More

    Blog

    A Brief Insight into Crypto Regulations in the Asia-Pacific Region

    The Asia-Pacific region is one of the areas with the highest rate of crypto adoption. Considering...

    A Brief Insight into Crypto Regulations in the Asia-Pacific Region Explore More

    Blog, Online Marketplace

    Fraud Protection services for Online Retail Businesses

    Online Marketplace faces Chargeback issues Fraud Protection Services are an integral part of reta...

    Fraud Protection services for Online Retail Businesses Explore More

    Blog, Online Marketplace

    How Car Rentals can safeguard their interest with Digital KYC?

    Car rentals stand to benefit a great deal from Digital KYC as it will enable them to verify the c...

    How Car Rentals can safeguard their interest with Digital KYC? Explore More

    Blog

    Inside Innovation at Shufti: Visual Heatmaps That Help Instantly Spot Document Tampering 

    In the complex landscape of identity fraud, the smallest details can make the biggest difference....

    Inside Innovation at Shufti: Visual Heatmaps That Help Instantly Spot Document Tampering  Explore More

    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...

    How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud Explore More

    Blog

    Language Barrier? Challenge Accepted!

    Language Barrier? Challenge Accepted! Explore More

    Blog

    How OCR Helps in Fighting Financial Crimes?

    OCR, also known as Optical Character Recognition, isn’t a new technology. However, it’s use in fi...

    How OCR Helps in Fighting Financial Crimes? Explore More

    Blog

    The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency

    Despite volatility in the crypto sector, millions of individuals access their services worldwide....

    The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency Explore More

    Blog, Financial Crime / AML

    Shufti integrates AML Compliance into its end-to-end Verification Services

    Shufti has now launched AML compliance in its set of identity verification services to provid...

    Shufti integrates AML Compliance into its end-to-end Verification Services Explore More

    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-...

    The Looming Threat of Deepfake Apps for the Financial Industry Explore More

    Blog

    The Complete Guide | Identifying Fake Documents

    As digital transformation accelerates, many document application processes have become faster and...

    The Complete Guide | Identifying Fake Documents Explore More

    Blog, Business Technology, Financial Crime / AML, Identity & KYC

    AML Technology Eradicating the Perils of Money Laundering

    In the past few years, we have seen a substantial increase in the number of legislations regardin...

    AML Technology Eradicating the Perils of Money Laundering Explore More

    Blog

    Contact-free ID authentication – combating fraud during COVID-19 outbreak

    Coronavirus outbreak, which was initially thought of as some sort of common flu in the Chinese ci...

    Contact-free ID authentication – combating fraud during COVID-19 outbreak Explore More

    Blog

    Understanding eKYC | The Benefits, Processes & 2024 Forecast

    Governments worldwide require firms, such as financial institutions, to know who their customers ...

    Understanding eKYC | The Benefits, Processes & 2024 Forecast Explore More

    Blog

    Need for Identity Verification in Real Estate and Its Real-World Use Cases

    The real estate industry is in dire need of identity verification processes. The reason being, th...

    Need for Identity Verification in Real Estate and Its Real-World Use Cases Explore More

    Blog

    AML Screening – Securing Alternative Payment Market and Overcoming Prevailing Risk of Crimes

    Escalating demand for innovative, new, and robust alternative payment options across the world is...

    AML Screening – Securing Alternative Payment Market and Overcoming Prevailing Risk of Crimes Explore More

    Blog

    5 Types of ID Fraud Skyrocketed in the First Half of 2021 – Shufti

    Last year, Shufti’s AI-powered identity verification system captured a 3.36% increase in iden...

    5 Types of ID Fraud Skyrocketed in the First Half of 2021 – Shufti Explore More

    Blog

    Supplementing blockchain with KYC offers endless possibilities

    While you may be tempted to think that decentralized and anonymous blockchains are safe because t...

    Supplementing blockchain with KYC offers endless possibilities Explore More

    Blog

    Paradigm Shift amid Corona – Online sales to take outstanding growth

    Coronavirus outbreak is proving to be catastrophic for the world with global cases reaching 2,495...

    Paradigm Shift amid Corona – Online sales to take outstanding growth Explore More

    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...

    Biometric Authentication is Smart but AI Makes it Smarter – Here is How Explore More

    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...

    Top 6 Practises For Your Business To Pinpoint Key Risk Areas Explore More

    Blog

    Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021

    On 16 July 2021, the US Financial Services Task Force on Artificial Intelligence held a virtual h...

    Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021 Explore More

    Blog

    International Tax Body to curb Cryptocurrency based Tax Evasion

    Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the U...

    International Tax Body to curb Cryptocurrency based Tax Evasion Explore More

    Blog

    Risk Assessment: Building Trust in Crypto Exchanges

    Other than following AML and KYC laws, crypto exchanges have a huge responsibility on their shoul...

    Risk Assessment: Building Trust in Crypto Exchanges Explore More

    Blog

    Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs)

    During the last few decades, the financial industry has altogether revolutionized, and digital tr...

    Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs) Explore More

    Blog

    Record-Breaking Fines on Banks for KYC/AML Non-Compliance

    Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance have been structured to make ...

    Record-Breaking Fines on Banks for KYC/AML Non-Compliance Explore More

    Blog

    Verifying Donors and Origins of Charitable Funds with Identity Verification

    Like any other financial institution, charity organisations are also equally vulnerable to moneta...

    Verifying Donors and Origins of Charitable Funds with Identity Verification Explore More

    Blog

    Risk Assessment and Management | Why do Businesses need it?

    B2B partnership always carries risks that must be managed whilst staying compliant. Business part...

    Risk Assessment and Management | Why do Businesses need it? Explore More

    Blog

    The Shufti Difference: Speed, Security, and Fairness Without Compromise

    With over 100 fraud and identity companies operating worldwide, you might assume that something l...

    The Shufti Difference: Speed, Security, and Fairness Without Compromise Explore More

    Blog

    FBO Accounts and Fintech – Securing Financial Operation with ID Verification

    With global digitization, online financial services are becoming mainstream. Due to this, maintai...

    FBO Accounts and Fintech – Securing Financial Operation with ID Verification Explore More

    Blog

    Crypto Regulations 2021 – The Updated Compliance Regime in France

    Within the last two years, France’ cryptocurrency landscape has experienced significant milestone...

    Crypto Regulations 2021 – The Updated Compliance Regime in France Explore More

    Blog

    How to Protect Yourself From Cyber Crime in the Holiday Season?

    Most people around the world do the majority of their shopping during the holiday season. Accordi...

    How to Protect Yourself From Cyber Crime in the Holiday Season? Explore More

    Blog

    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...

    COVID-19 pandemic turning into a financial crime threat Explore More

    Blog

    Europol launches European Financial and Economic Crime Center (EFECC)

    Financial and economic crimes are today the leading threats that are affecting millions of EU cit...

    Europol launches European Financial and Economic Crime Center (EFECC) Explore More

    Blog

    7 Ways to Protect Business and Remote Staff from Cybercriminals

    Businesses are facing ‘new normal’ as the workplace has shifted from offices to homes amid corona...

    7 Ways to Protect  Business and Remote Staff from Cybercriminals Explore More

    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...

    4 Reasons why KYB is Inevitable for your Business Explore More

    Blog

    Risk Assessment and Management | Why do Businesses need it?

    B2B partnership always carries risks that must be managed whilst staying compliant. Business part...

    Risk Assessment and Management | Why do Businesses need it? Explore More

    Blog

    Top Applications of Facial Recognition Technology in the Digital Age

    Facial recognition technology is biometric security in which an individual’s physical trait...

    Top Applications of Facial Recognition Technology in the Digital Age Explore More

    Blog, Financial Crime / AML, Identity & KYC

    Fighting Financial Crime: Why KYC and AML Compliance Is Essential for the Global Finance Sector

    Banks and other financial institutions are often the first line of defense against financial crim...

    Fighting Financial Crime: Why KYC and AML Compliance Is Essential for the Global Finance Sector Explore More

    Blog

    Investor Onboarding | Navigating the Challenges of Digitization

    Private market companies are setting their sights on retail investors and exploring technology an...

    Investor Onboarding | Navigating the Challenges of Digitization Explore More

    Blog, Identity & KYC

    Digital KYC Streamlines Customer On-boarding Process

    Shufti brings forth digital KYC verification services to perform identity verification proces...

    Digital KYC Streamlines Customer On-boarding Process Explore More

    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...

    Is NFC Really the Future? The Mystery Solved! Explore More

    Blog

    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...

    Facial Biometric Authentication for Online Dating Platforms – Building Trustworthy Relationships Explore More

    Blog

    20 Facts and Statistics About the Global Finance Sector

    The finance sector makes up around 20 to 25% of the global GDP. With the market capitalization re...

    20 Facts and Statistics About the Global Finance Sector Explore More

    Blog

    AML Compliance in the Insurance Sector – Red Flags to Look Out For

    The insurance sector commonly faces criminal activities like money laundering and terrorist finan...

    AML Compliance in the Insurance Sector – Red Flags to Look Out For Explore More

    Blog

    Real Estate Industry Crimes and Strict AML Regulations – How Shufti Can Help

    The real estate industry has long provided a safe way for fraudsters to secretly launder or inves...

    Real Estate Industry Crimes and Strict AML Regulations – How Shufti Can Help Explore More

    Blog, Online Marketplace

    Verify ID For a Secure Travel Experience

    Since we are using the Internet for a great many things including shopping to online booking of f...

    Verify ID For a Secure Travel Experience Explore More

    Blog

    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...

    Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer Explore More

    Blog

    Top 10 Health Industry Trends to Watch for in 2022

    What are your expectations from the healthcare industry? Technological advancements have proven c...

    Top 10 Health Industry Trends to Watch for in 2022 Explore More

    Blog

    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,...

    How Artificial Intelligence is taking ID verification to the next level? Explore More

    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...

    Real Estate Crimes – What Meets the Eye is not only AML Compliance Explore More

    Blog

    Digital KYC – Protecting All Generations from ID Fraud

    From baby boomers to Gen Z, identity fraud is the problem of all generations. Studies suggest tha...

    Digital KYC  – Protecting All Generations from ID Fraud Explore More

    Blog

    How to Create a Wow! Fraud Prevention System with Shufti

    The ever increasing threat of identity fraud skyrocketed when the coronavirus pandemic struck the...

    How to Create a Wow! Fraud Prevention System with Shufti Explore More

    Blog

    Video KYC: A Complete Overview

    The digitisation of KYC was inevitable, but the COVID-19 pandemic accelerated what would have oth...

    Video KYC: A Complete Overview Explore More

    Blog, Business Technology, Fraud Prevention, Identity & KYC

    Face Verification – One Solution for Several Identity Frauds

    Biometrics is the technology that verifies the unique personality traits of a person to identify ...

    Face Verification –  One Solution for Several Identity Frauds Explore More

    Blog

    AML Compliance – Mitigating Financial Crime Risks in the Payments Industry

    After the Covid-19 pandemic gave rise to the digital payments trend, the world has seen rapid gro...

    AML Compliance – Mitigating Financial Crime Risks in the Payments Industry Explore More

    Blog

    Digital Document verification – an efficacious method of ID card scanning

    Businesses, banks, airports, social media platforms, e-commerce stores all need to be sure of the...

    Digital Document verification – an efficacious method of ID card scanning Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started