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

    How Blockchain is Making the World a Better Place

    Verify identity

    Verify identity: The whole world lives online now. Yes, that’s an exaggeration but we are gradually moving there. Every day millions of people connect with the internet to research, shop, comment and to pay bills. The more a person interacts online the more concrete their digital footprint. 

    How Blockchain Can Resolve Identity Management Issues

    What’s Wrong with Online Money Transaction?

    Most online transactions require a person to give identification before proceeding. If you have purchased items on Amazon, used PayPal or Google Pay, you know the drill. Usually, these companies ask you to answer personal questions. 

    Answering questions is not the problem, where they store them is.

    Every time someone interacts with the internet this way, they leave that information on the web. Your digital identity creates clones on different platforms (wherever you interact), which is a security risk. Hacking of Equifax was one such episode where personal data was hacked. This event and many others expose how vulnerable the system is.

    Try Out 7 Day Free Trial! 

    How can Blockchain Help?

    Blockchain offers security. It lets individuals and businesses create a peer to peer network. They can exchange information or currency through it. It also allows individuals to create digital identities or self-sovereign identities which are difficult to steal. 

    What is so special about Blockchain? Democracy!

    Master nodes are a possible solution to verify identity online. Master nodes democratically select a node to verify the user. Similarly, they can verify documents. Nodes are the soul of the blockchain.

    There are three types of nodes;

    • Node: Send and receive transactions
    • Full node: Whatever the node does plus it keeps the copy of the entire chain
    • Master nodes: It has the power of the full node plus enables decentralized governance and budgeting. It’s the master.

    Your Digital Identity is in Safe Hands with Blockchain

    Blockchain basically creates your digital identity or a digital watermark that can be affixed to all your online transactions. Hence any unusual or suspicious transaction will not be approved since they won’t be wearing your digital watermark.

    Blockchain not only secures your Verify identity but also helps secure the clones. Which means that you are more secure transacting online if it exists on the Blockchain. You get more freedom about your identity. The companies also get more control in who they approve or include in their blockchain network. 

    Related Posts

    Blog

    Initial Art Offering – Everything you need to know about it

    Initial Art offering is an innovative way to support artists and their brilliant art without worr...

    Initial Art Offering – Everything you need to know about it Explore More

    Blog

    Video KYC – Answer to Digital Revolution in the Gulf Region & UAE

    The digital revolution in the Gulf region and UAE has been a hot topic these days. The economic d...

    Video KYC – Answer to Digital Revolution in the Gulf Region & UAE Explore More

    Blog

    How to Design an Effective Client Lifecycle Management (CLM) System with ID Verification

    The customer journey with a business is very comprehensive. It does not end once the customer is ...

    How to Design an Effective Client Lifecycle Management (CLM) System with ID Verification Explore More

    Blog

    Reshaping Travel and Tourism with Instant Facial Recognition

    Few technologies have sparked much debate as much as facial recognition. Today, it is considered ...

    Reshaping Travel and Tourism with Instant Facial Recognition Explore More

    Blog

    Establishing a KYC/AML Compliance Regime for the FinTech Sector

    Today, more than 60% of the financial institutions in the market consider Fintech startups to be ...

    Establishing a KYC/AML Compliance Regime for the FinTech Sector Explore More

    Blog

    NFTs, Art Market – What Investors Need to Know About ID Verification

    In recent years, Non-Fungible Tokens (NFTs) have gained global attraction from individuals as wel...

    NFTs, Art Market – What Investors Need to Know About ID Verification Explore More

    Blog

    10 Reasons Why Businesses Should Choose Shufti

    Started in 2017, Shufti Ltd. has attained a lot of success. Within three years, we have onboa...

    10 Reasons Why Businesses Should Choose Shufti Explore More

    Blog

    AI-Powered OCR to replace data entry in 2020 – A detailed insight

    Living in the data-driven world, there is a huge demand for storing data from printed or handwrit...

    AI-Powered OCR to replace data entry in 2020 – A detailed insight Explore More

    Blog

    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...

    Sim Swap Fraud: A new battle in the war of your Identity Explore More

    Blog

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification

    With emerging technologies and rapid digitization, identity fraud has become quite common, raisin...

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification Explore More

    Blog

    Identity Fraud in Coworking Spaces – How Shufti’s Facial Biometric Authentication Helps

    With more and more companies embracing remote work, the trend of coworking spaces is picking pace...

    Identity Fraud in Coworking Spaces – How Shufti’s Facial Biometric Authentication Helps Explore More

    Blog

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms

    With the growth in organised crime and its infiltration into the sports betting market, businesse...

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms Explore More

    Blog

    Combating Money Muling Activities With Shufti’s AML Screening Services

    The coronavirus pandemic has brought about unusual changes in industries and lifestyles across th...

    Combating Money Muling Activities With Shufti’s AML Screening Services Explore More

    Blog

    FinTech and FinCrime – The Global Regulatory Landscape

    Also known as financial technology, FinTech is now among the fastest-growing industries. This sec...

    FinTech and FinCrime – The Global Regulatory Landscape Explore More

    Blog

    E-Signature Verification | Why Businesses Should Consider Adopting It

    Physical paperwork is a thing of the past now. It is a time and labour-intensive task that requir...

    E-Signature Verification | Why Businesses Should Consider Adopting It Explore More

    Blog

    5 Ways AI Takes Document Verification to the Next Level

    Data digitisation has made it accessible not only to legitimate users but also to cyber criminals...

    5 Ways AI Takes Document Verification to the Next Level Explore More

    Blog

    AML/KYC 2020 – how 2019 changed the landscape of global regimes?

    Copy pasting your 2019 AML/KYC compliance strategy to 2020 plan will not do the job. Businesses n...

    AML/KYC 2020 – how 2019 changed the landscape of global regimes? Explore More

    Blog

    Japan’s Act on Personal Information Protection – What Businesses Must Do

    New and emerging ways to bypass verification checks have allowed fraudulent entities to breach th...

    Japan’s Act on Personal Information Protection – What Businesses Must Do Explore More

    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...

    International ID Day – An Overview of the 2021 Identity Landscape Explore More

    Blog, Identity & KYC

    4 Reasons Why Brokerage Firms Need ID Verification?

    According to Steve Grobman, Chief Technology Officer for McAfee, “The digital world has transform...

    4 Reasons Why Brokerage Firms Need ID Verification? Explore More

    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...

    The Dark Side of Digital Wallets and the Role of Crypto Monitoring Explore More

    Blog

    Digital Identity checks for secure and swift customer onboarding

    The digital transformation of businesses continues apace, driven in part by regulations that mand...

    Digital Identity checks for secure and swift customer onboarding Explore More

    Blog

    Two-Factor Authentication – A Firewall Against Social Engineering Attacks

    Businesses and financial institutions around the globe often report concerns of financial crimes ...

    Two-Factor Authentication – A Firewall Against Social Engineering Attacks 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

    KYC and AML Compliance – Addressing the Challenge of Money Laundering in Online Trading Platforms

    An online trading platform is a program where shareholders and traders deal through financial int...

    KYC and AML Compliance – Addressing the Challenge of Money Laundering in Online Trading Platforms Explore More

    Blog

    Securing Mobility as a Service (MaaS) with Shufti’s Digital Identity Verification Solution

    The transport industry is on the verge of significant disruption, with new emerging technologies,...

    Securing Mobility as a Service (MaaS) with Shufti’s Digital Identity Verification Solution Explore More

    Blog

    Top 5 Ways Minors Use to Dodge Age Verification Checks

    Protecting minors from the perils of the digital world is nearly impossible for businesses withou...

    Top 5 Ways Minors Use to Dodge Age Verification Checks Explore More

    Blog

    Enhancing Workplace Safety: The Role of Employment Screening

     Recruiting new hires can often be a daunting task, as it is a time-consuming and work-i...

    Enhancing Workplace Safety: The Role of Employment Screening Explore More

    Blog, Identity & KYC

    Facial Recognition Technology – Behind The Curtains

    Business competition has made security technology critical. There are many innovative security te...

    Facial Recognition Technology – Behind The Curtains Explore More

    Blog, Online Marketplace

    What is Open Banking & Why Does it Matter in 2019?

    Open banking is surely one of those trends that have the potential to change the banking and fina...

    What is Open Banking & Why Does it Matter in 2019? Explore More

    Blog

    Japanese FSA to Beef Up AML Systems from Fiscal 2021

    Growth in South Asia has far exceeded that in any other country over the past few years and digit...

    Japanese FSA to Beef Up AML Systems from Fiscal 2021 Explore More

    Blog, Financial Crime / AML

    Challenges of AML Compliance under FinCEN

    AML Compliance for US based Cryptocurrency companies has been tightened by Financial Crimes Enfor...

    Challenges of AML Compliance under FinCEN 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, 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...

    How API-based Technologies Can Transform the Future of Online Marketplace Explore More

    Blog

    Understanding Risk assessment in the Gambling Sector

    The e-gambling industry has always been lucrative for gamers. However, it has also been constantl...

    Understanding Risk assessment in the Gambling Sector Explore More

    Blog

    Prevailing Crimes in Ride-Hailing Services – How Shufti can Make the Change

    In the ride-hailing arrangements, passengers connect with drivers through cell phones or websites...

    Prevailing Crimes in Ride-Hailing Services – How Shufti can Make the Change Explore More

    Blog

    Cryptocurrency Exchanges and negative KYC Compliance

    KYC & AML Compliances are not being upheld by almost 68% of the cryptocurrency exchanges arou...

    Cryptocurrency Exchanges and negative KYC Compliance Explore More

    Blog

    Top 10 Cybersecurity Trends for 2021

    Cybersecurity in 2020 became the biggest challenge thanks to the COVID-19 pandemic. Global lockdo...

    Top 10 Cybersecurity Trends for 2021 Explore More

    Blog

    e-IDV | Electronic Verification Checks For Ultimate Fraud Prevention

    The first paper-based photo identity document was in May 1876, developed by William Notman for th...

    e-IDV | Electronic Verification Checks For Ultimate Fraud Prevention Explore More

    Blog

    Post-pandemic eCommerce Landscape Calling for Robust ID Verification Solution

    During the coronavirus pandemic, the e-commerce industry has witnessed a significant increase in ...

    Post-pandemic eCommerce Landscape Calling for Robust ID Verification Solution Explore More

    Blog

    Know your transactions (KYT) boosts your KYC efforts

    Integration problems, lack of adequate attributes, and how Know Your Customers (KYC) are handled,...

    Know your transactions (KYT) boosts your KYC efforts Explore More

    Blog

    4 Industries Where OCR Technology Can Work Wonders

    Today, online businesses need to meet the constantly evolving customer needs to survive market co...

    4 Industries Where OCR Technology Can Work Wonders Explore More

    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...

    How API-based Technologies Can Transform the Future of Online Marketplace Explore More

    Blog

    Money Laundering in the Real Estate Sector – How Shufti’s AML Services Help

    Purchasing luxurious mansions is always an attractive way for money launderers to legitimize thei...

    Money Laundering in the Real Estate Sector – How Shufti’s AML Services Help Explore More

    Blog, Online Marketplace

    How crucial is AML/CFT Compliance for Hong Kong based Businesses?

    Hong Kong serves as financial hub of trade and financial industry especially due to its strategic...

    How crucial is AML/CFT Compliance for Hong Kong based Businesses? Explore More

    Blog

    ID verification prevents 8 Security Issues of businesses

      The biggest concern for businesses, in terms of safety, nowadays is online or cybersecurit...

    ID verification prevents 8 Security Issues of businesses Explore More

    Blog, Business Technology, Identity & KYC

    6 Digital Solutions for Banks to Help with KYC

    Digital KYC: For banks, streamlining the customer onboarding is essential. The manual way of ente...

    6 Digital Solutions for Banks to Help with KYC Explore More

    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...

    GDPR Compliance vs BlockChain Debate – Things you must know Explore More

    Blog, Fraud Prevention, Online Marketplace

    Why Digital KYC is Important for Insurance Fraud Prevention

    KYC For Insurance Companies : Basically, a system that can carry out real-time identity verificat...

    Why Digital KYC is Important for Insurance Fraud Prevention Explore More

    Blog

    Age Verification – Ensuring the Protection of Minors on Digital Platforms

    In today’s technologically advanced era, digital products and services have transformed the way s...

    Age Verification – Ensuring the Protection of Minors on Digital Platforms Explore More

    Blog, Business Technology

    Why is Libra Cryptocurrency The Most Trending Thing Right Now?

    The universe of crypto revolves around an aversion to a central financial authority. The financia...

    Why is Libra Cryptocurrency The Most Trending Thing Right Now? Explore More

    Blog

    KYC Verification – Defeating Anonymity on Social Media Platforms

    In the introductory phase, social media platforms were merely a small part of the internet where ...

    KYC Verification – Defeating Anonymity on Social Media Platforms Explore More

    Biometric Technology, Blog

    4 Reasons why Facial Recognition is Better at Biometric Verification than Fingerprint Scans

    Biometric verification is smartphones was introduced nearly five years ago when iPhone launched i...

    4 Reasons why Facial Recognition is Better at Biometric Verification than Fingerprint Scans Explore More

    Blog

    DSAR Under GDPR and CCPA – Understanding the Key Differences

    Data protection is one of the key concerns of organisations these days. For the same reason, data...

    DSAR Under GDPR and CCPA – Understanding the Key Differences Explore More

    Blog

    Elevating Payment Security: The Crucial Role of Biometric Authentication

    There has been a considerable rise in digital payment methods in recent years. People now prefer ...

    Elevating Payment Security: The Crucial Role of Biometric Authentication Explore More

    Blog

    Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024

    Nothing is more constant than change, and this is never more evident than in the Know Your Patien...

    Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024 Explore More

    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...

    The Dark Side of Digital Wallets and the Role of Crypto Monitoring Explore More

    Blog

    What is an OCR Screening and How Does it Work?

    In our digital environment, where automated technology has already taken over corporate processes...

    What is an OCR Screening and How Does it Work? Explore More

    Blog

    AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes

    Luxury goods and high-valued assets are frequently but not always found at the integration stage ...

    AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes Explore More

    Blog

    The EU’s New AML Proposal, What’s in Store?

    To strengthen the EU’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) ...

    The EU’s New AML Proposal, What’s in Store? Explore More

    Blog, Online Marketplace

    Why age verification matters to online businesses?

    Identity verification services are fast becoming a business norm for companies that are enthusias...

    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...

    5 Best Practices to Combat Identity Fraud on Social Media Platforms Explore More

    Blog

    KYC | How to perform KYC verification in three simple steps

    Know Your Customer, commonly referred to as ‘KYC’, is an identity verification process that plays...

    KYC | How to perform KYC verification in three simple steps Explore More

    Blog

    ID Verification for High-Potential Digital Fraud Cases

    Instances of digital frauds and payment scams are highly damaging for banks and financial institu...

    ID Verification for High-Potential Digital Fraud Cases Explore More

    Blog

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2]

    Australia is an important member of the Financial Action Task Force and plays a substantial role ...

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2] Explore More

    Blog

    Document Verification Services – The Secret Sauce to Keep Fraudsters Away

    Forging someone’s documents is something bad enough but selling them on the dark web is just rubb...

    Document Verification Services – The Secret Sauce  to Keep Fraudsters Away Explore More

    Blog

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification

    With emerging technologies and rapid digitization, identity fraud has become quite common, raisin...

    Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification Explore More

    Blog

    Shufti Turns Three – A journey of building trust globally

    October 31, 2020, marks the third anniversary of Shufti and three successful years of buildin...

    Shufti Turns Three – A journey of  building trust globally Explore More

    Blog

    The Latest AML Violations and the Role of Transaction Monitoring

    In the evolving regulatory landscape, combating financial crimes has become a top priority of reg...

    The Latest AML Violations and the Role of Transaction Monitoring Explore More

    Blog

    AML Screening – Identifying and Overcoming Challenger Banks’ Weaknesses

    There are approximately 77 challenger banks in Europe alone, the best range amongst the other reg...

    AML Screening – Identifying and Overcoming Challenger Banks’ Weaknesses Explore More

    Blog

    KYC in 2021 – Shaking Things Up in the Financial World

    Despite the considerable investments made by industry leaders, KYC is still a challenge in the fi...

    KYC in 2021 – Shaking Things Up in the Financial World Explore More

    Blog

    FATF October 2019 Plenary – Here is What You Need to Know

    Financial Action Task Force (FATF) President Xiangmin Liu, chaired the first meeting from 16-18 O...

    FATF October 2019 Plenary – Here is What You Need to Know 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