Blog
How Identity Verification Eliminates Social Media Scams to Enhance User Experience
Social media has experienced exceptional growth in the past decade as a result of advancements in...
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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...
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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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Identity Proofing – 7 Reasons Why Businesses Need it Now!
Modern-day cyberspace has effortlessly diminished the boundary between the real-life and digital ...
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Don’t Need AML Compliance? Think Again!
The majority of the businesses believe that they do not need to comply with AML regulations at al...
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Blog, Fraud Prevention
Looking for Online Fraud Prevention: Here Is What You Can Do
In an increasingly digital world, it is extremely important for online businesses to identify fra...
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Document Verification Checks: Streamlining the Onboarding Process for New Customers
Verifying documents is critical to regulatory compliance, risk assessment, and many organisations...
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Reshaping Travel and Tourism with Instant Facial Recognition
Few technologies have sparked much debate as much as facial recognition. Today, it is considered ...
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The Advantages of Know Your Business (KYB)
Know Your Business (KYB) policies are a recent innovation in the field of fraud prevention. Since...
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Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties
For multinational businesses, reliance on external third-party vendors is crucial. However, failu...
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Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution
Modern gaming is the most recent evolution of this industry that has become the attraction of glo...
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Digital ID Verification – Why is it Critical for Customer Experience?
Last year was all about lockdown and pandemic disrupting business operations to the very core. Th...
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The Crucial Role of Digital Onboarding and Ongoing KYC Monitoring
In this digital world, users expect convenience, speed, and greater security. Businesses that off...
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Blog
The State of Money Laundering in The United States – How Shufti Can Help
The United States of America is among the first countries that took effective measures to fight f...
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Blog
From Crypto to Fiat Currency – Secure Exchanges with Transaction Monitoring Solutions
Transaction processes today are launching innovative possibilities for users across the economic ...
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Russian Sanctions Evasion – Is the Art Industry the Next Target for Money Laundering?
As regulatory authorities are seizing the yachts and real estate belonging to Russian oligarchs, ...
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Blog, Identity & KYC
Digital KYC Streamlines Customer On-boarding Process
Shufti brings forth digital KYC verification services to perform identity verification proces...
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Blog, Identity & KYC
Digital Document Verification Giving Wing to Recruitment Sites
Document Verification: In an industry that’s all about people, it’s critical that you know that a...
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Blog
UAE Government Stepping Up Against Prevalent Crimes
The UAE is known for being home to flourishing businesses and providing a significant level of fi...
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AML Non-Compliance Penalties Soaring Sky High in the First Half of 2021
After the skyrocketing fines and penalties on banks for AML non-compliance in 2020, the year 2021...
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Blog
A 2024 Overview of Identity Document Forgery
As technologies like artificial intelligence and machine learning have advanced, they have signif...
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Optical Character Recognition (OCR) – Powering Shufti’s Document Verification
Trust is a key factor when it comes to doing business or getting financial services from banks. A...
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EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes?
From the Panama papers, Paradise leaks and Danske Bank case to the most recent revelations about ...
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Major Fines in the Gaming and Gambling Industry and the Role of e-IDV
The outbreak of Covid-19 has changed how we do business. Many firms that used to operate physical...
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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, Online Marketplace
KYC for customer on-boarding in Telecommunications Industry
Identity Verification is quite necessary for Telecommunications Industry in today’s digital...
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Blog
5-Steps to Improve Customer Due Diligence Process
The digital age has witnessed a new wave of financial fraud. It is estimated that $4.7 trillion o...
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How can AML play a role to impede the financing of terrorism?
Money Laundering and Terrorism Financing are global issues and there is no dispute regarding it. ...
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Blog, Identity & KYC, Reg Tech
RegTech: The Case for Financial Inclusion
The FinTech industry has grown tremendously in recent years, introducing both scale and efficienc...
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Securing Gig Economy Operations and Contributing to the Growth with KYC Solutions
Startups, SMEs, and the gig industry have seen unprecedented growth. Not to mention, COVID-19 was...
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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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Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering
As the world continues on a path of digitization, business operations persist to undergo signific...
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Blog
Talent Acquisition Fraud – Hiring Legitimate Candidates with Identity Verification
Along with the rise in virtual and remote work, the number of cases of recruitment fraud is incre...
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Blog
What is an OCR Screening and How Does it Work?
In our digital environment, where automated technology has already taken over corporate processes...
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Blog
Online Identity Verification: 5 Trends to Expect in 2021
The boom in digitisation forced businesses to opt for digital means of operations. Online busines...
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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, 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
AML Compliance – Global Watchlists that Businesses Need to Consider
Coordinated sanctions after the Russian invasion of Ukraine have made the headlines due to their ...
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Blog
The Most Frequently Asked Questions about Video KYC
In today’s digital era, the escalating prevalence of identity theft poses a significant con...
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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
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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Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector
Transforming technology, growing digitization, and increased use of online transactions have acco...
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Blog
Intelligent Character Recognition (ICR) Software – One step ahead of OCR
What is ICR?
Intelligent Character Recognition (ICR) is an extended technology of Optical...
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Latest Gaming & Gambling Regulations Worldwide and the Role of Age Verification
Online gaming has become more popular since COVID-19. The pandemic forced people to stay indoors,...
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Blog
AML Screening – Identifying Financial Criminals in the Art & Antiquities Sector
There is no doubt in the fact that art and antiquities are one of the sectors responsible for bil...
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Blog
The Power of Identity Verification Solutions in Ensuring Risk-Free Recruitment Operations
Over the recent years, the employment industry has undergone significant changes, from mass offbo...
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Blog
A Basic Guide to Intelligent Character Recognition (ICR)
With technological advancement, businesses are finding new ways to leverage digital sol...
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Blog, Identity & KYC
Digital Document Verification Giving Wing to Recruitment Sites
Document Verification: In an industry that’s all about people, it’s critical that you know that a...
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Blog
Prevailing Crimes in Metaverse – How Shufti’s IDV Solution Can Help
Metaverse is a virtual space where people belonging to the same or different physical regions can...
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Blog
5 Ways How AI Is Uprooting Recruitment Industry
Artificial Intelligence is strengthening its position in many industries and the recruitment indu...
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Blog
Transaction Monitoring in 2023 | A Comprehensive Guide
Scammers are searching for businesses to exploit, and financial firms with loopholes provide them...
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Blog
Intelligent Character Recognition: How it Drives the Industry with a Breeze
Data is the nucleus of any business and how efficiently it is processed is the key to digital tra...
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Blog
5 Tech Upgrades That Can Revamp Your Customer Onboarding Process
When businesses brainstorm ways to scale, they generally think about focusing more on sales. Howe...
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Blog
Embedding online identity verification methods for enterprise security
The internet knows a lot about us now. And businesses are using this information to verify our di...
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Biometric Technology, Blog, Online Marketplace
Why a Business would need Biometric Consent Verification?
Biometric consent verification is a unique solution from Shufti that enables businesses and c...
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Blog
An Insight into the US Regulations for the Art Art & Antiquities Sector
Billions of dollars worth of art and antiquities are traded throughout the world without checks t...
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Blog
Evolution of Digital Payments and Prevailing Crimes – How Shufti’s AML Screening Can Help
With emerging technologies, the digital payments trend is rising, and users are executing frictio...
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Blog
From Crypto to Fiat Currency – Secure Exchanges with Transaction Monitoring Solutions
Transaction processes today are launching innovative possibilities for users across the economic ...
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Blog
Role of Enhanced Due Diligence in Combating Money Laundering
Enhanced Due Diligence (EDD) is an advanced and refined version of KYC due diligence process that...
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Blog
Shufti’s Secret to Acquiring 92% End-User Satisfaction Rate
Shufti, the global identity verification service provider, started from humble beginnings wit...
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Blog
What is KYC and Why is it Important for Crypto Exchanges?
Cryptocurrencies are causing significant disruptions in the financial world. Cryptograp...
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Blog
Enhanced Digital Security with Facial Recognition and Liveness detection
The increasing number of cyber-attacks and online fraud calls out for strong security measures. U...
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Blog
Know Your Donor (KYD) – Customer Due Diligence For Charities and NPOs
According to DoubleTheDonation, 45% of worldwide donors are enrolled in monthly donation programs...
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Blog
AML/CFT Regulations of Hong Kong: Paper Over Cracks?
On September 15, 2021, Hong Kong’s Securities and Futures Commission issued consultation conclusi...
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Blog, Online Marketplace
Secure Online Gambling through Identity and Age Verification
Gambling is a very profitable business for big players and owners alike. According to research, t...
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Anti Money Laundering, Blog, Reg Tech
RegTech facilitates effortless AML Compliance
The latest report by Research and Markets states that RegTech industry is expected to grow...
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Blog
How to Combat Document Forgery in 2023 and Beyond
As digitisation continues to change our world and daily practices at an exponential rate, crimina...
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Blog, Business Technology, Financial Crime / AML, Identity & KYC, Online Marketplace
Know Your Business: The Next Step in Identity Verification
The complex regulatory environment and increased exposure to illegal activities indicate that bus...
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Blog
Strong Customer Authentication (SCA) – Factors, Methods, and Benefits
In Europe, new customer authentication requirements for online payments were introduced on Septem...
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Blog
Rising Social Media Scams in 2020 Calling for Digital Identity Verification
Social media was a simple place for interaction a few years back. People valued it for its securi...
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Blog
KYC | Complete Guide to KYC Compliance & KYC Regulations 2021
Introduction to KYC or Know your customer
Know your customer or KYC history dates back to 2001 in...
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Blog
OCR Solution: A Must-have for Every Business to Automate Workflows
Moving documents and files from one format to another is necessary during transactions and busine...
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