Frame-2085666935

Blind Spot Audit

Spot Fraud in your approved Customers

Runs On Your CloudRuns On Your Cloud

No Data SharingNo Data Sharing

No Contract RequiredNo Contract Required

Frame-2085666935

Deepfake Detector

Check where deepfake IDs slipped
through your stack.

Runs On Your CloudRuns On Your Cloud

No Data SharingNo Data Sharing

No Contract RequiredNo Contract Required

Frame-2085666935

Liveness Detection

Find the replay gaps in your passed
liveness checks.

Runs On Your CloudRuns On Your Cloud

No Data SharingNo Data Sharing

No Contract RequiredNo Contract Required

Frame-2085666935

Document Deepfake Detection

Spot synthetic documents hiding in
verified users.

Runs On Your CloudRuns On Your Cloud

No Data SharingNo Data Sharing

No Contract RequiredNo Contract Required

Frame-2085666935

Document Originality Detection

Stop fake documents before they pass.

Runs On Your CloudRuns On Your Cloud

No Data SharingNo Data Sharing

No Contract RequiredNo Contract Required

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Introducing Blind Spot Audit. Spot AI-generated forgeries with advanced document analysis. Teg-1 Run Now on AWS right-arrow-2

Introducing Blind Spot Audit Teg-1

Spot AI-generated forgeries with advanced document analysis.

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Introducing Deepfake Detector. Detect deepfakes with precision your stack has missed. Teg-1 Run Now on AWS right-arrow-2

Introducing Deepfake DetectorTeg-1

Detect deepfakes with precision your stack has missed.

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Introducing Liveness Detection. Detect spoofs with technology built for sophisticated fraud. Teg-1 Run Now on AWS right-arrow-2

Introducing Liveness DetectionTeg-1

Detect spoofs with technology built for sophisticated fraud.

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Introducing Document Deepfake Detection. Spot AI-generated forgeries with advanced document analysis. Teg-1 Run Now on AWS right-arrow-2

Introducing Document Deepfake DetectionTeg-1

Spot AI-generated forgeries with advanced document analysis.

Run Now right-arrow-2
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Introducing Document Originality Detection. Verify document authenticity before your next audit. Teg-1 Run Now on AWS right-arrow-2

Introducing Document Originality DetectionTeg-1

Verify document authenticity before your next audit.

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us

216.73.216.105

How to Use Shufti’s ROI Calculator to Justify Better Identity Verification Outcomes

n-img-How to use Shufti ROI Calculator

As the pressure to grow profits intensifies, many companies are thinking proactively on how to efficiently manage costs while adding top-line revenue– especially high-growth markets like fintech, and gaming.  There are numerous software-related products that are arduous and painful to replace. Fortunately, identity verification (IDV) is not one of them. You can upgrade to a superior IDV provider meeting KYC compliance with very little technology team effort.

For those of you less familiar with Shufti as an Identity solutions provider, we verify identities for 1000+ clients covering 240+ countries and territories. Shufti forged its early years growing up in some of the most challenging markets in the world for identifying consumers. Unlike most vendors, we own our own tech stack including our accurate biometric and document verification capabilities. And Shufti provides a top user experience as evidenced from our 4.8 out of 5 star TrustPilot rating  compared with most leading IDV providers who earn less than 3.0 stars.

Shufti has rolled out a new ROI calculator that makes it simple to understand the differences between your current identity verification provider and Shufti’s Identity Verification. This ROI tool calculates cost savings associated with your total number of verifications per month, average manual reviews, total dropouts, and your average decline rates per month.

n-img-roi-main

Let’s run through a scenario for Company A to demonstrate how you can estimate considerable cost savings with Shufti. For KYC-compliant Identity Verification, we focus on three primary areas of value:

1- Increase in conversion rates.
2- Decrease in manual review costs and time.
3- Decrease in fraud-related penalties.

Tip: The ROI calculator can be refined for several key industries that require identity verification, including: Gaming, Fintech, Cryptocurrency, and Foreign Exchange.

Here’s How the Calculator Works

Company A has 1,000 verifications per month. In this case, the company has a drop-out rate of 20% per month, and an average decline of 30% per month.  Shufti’s ROI tool allows you to adjust to your own company’s rates.

n-img-roi-average-dropout
n-img-roi-decrease-manual

The calculator’s report shows the difference between the conversion rate with Company A’s current provider and the improved rate with Shufti. The largest improvement and value comes from increased conversions.

Given Shufti’s top-rated user experience, this is not a surprise.

Manual reviews can be another drain on a company’s resources. Company A has a manual review rate of 50% per month with a cost of $20 per review. Again, these are figures that you can enter to reflect your own company’s metrics.

n-img-roi-average-manual
n-img-roi-decrease-manual

Based on these inputs, Shufti could cut Company A’s manual review costs by more than half! This is because Shufti’s manual reviews are typically lower than other identity verification providers, providing substantial monthly cost savings.

Many businesses carefully balance and monitor their false acceptance rate vs. false positive rate. Shufti helps Company A to decrease overall fraud costs. The ROI tool lets you test “what if” scenarios for various false acceptance rates. Based on the values you input, you’ll see an estimate of how much fraud savings with Shufti versus your current provider.

n-img-roi-monthly-false

Check Your ROI Now

We encourage you to use this tool to compare your current identity verification to Shufti. After you add your business’s metrics, you can immediately see the overall estimate. The Shufti calculator also provides you with a detailed report for free.
Now it’s your turn… Check Your ROI Now.
ROI Calculator

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