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,...
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Merchant Onboarding – Evaluating the Best Practices to Onboard Risk-free Partners
Partnering with the right people who can actually help your business grow is quite a tedious task...
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Blog
Non-Fungible Tokens (NFTs), Financial Crimes and AML/KYC Regulations – How Shufti Can Help
Non-Fungible Tokens (NFTs) emergence is providing a whole new segment to buy or sell digital crea...
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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 ...
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Blog
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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Blog
AUSTRAC’s ML/TF Risk Assessment Report on Foreign Subsidiary Banks [Part 4]
This blog covers the last chapter of our four-part series on AUSTRAC’s money laundering and terro...
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Top 10 Cybersecurity Trends for 2021
Cybersecurity in 2020 became the biggest challenge thanks to the COVID-19 pandemic. Global lockdo...
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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...
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Blog, Identity & KYC
Merchant Identity Proofing: Building Strong B2B Relations
Identity Proofing: The success of e-commerce has been very remarkable. It is expected that global...
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Blog
Investor Onboarding | Navigating the Challenges of Digitization
Private market companies are setting their sights on retail investors and exploring technology an...
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Blog
The Vicious Cycle of Money Laundering in the Gambling Industry
Money launderers opt for various channels to obscure the origins of their illegally obtained fund...
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Blog, Fraud Prevention, Identity & KYC, Reg Tech
Facial Recognition: Burgeoning Threat to Privacy
The expanding use of facial recognition technology for ID verification, user authentication, and ...
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Blog
Multi-Tier Security – Another Line of Defense Against Bank Account Scammers
The banking sector has been witnessing a significant rise in criminal activities is a major conce...
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Blog
Transaction Monitoring: Going Beyond AML Screening
Whether you are an accountant in Wall Street or a developer for Google, money laundering will not...
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Blog
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, Fraud Prevention
Data Breaches in 2019 – A Year in Review
Stepping into 2020, the year 2019 has been on the rollercoaster in terms of security breaches. Da...
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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
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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Identity Verification – Safeguarding Pharmaceutical and Controlled Substance Sales
With emerging technologies, the pharmaceutical industry has transformed significantly, and rapid ...
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Blog
Top Cryptocurrency Trends to Look Out for in 2022
2021 has been a remarkable year for cryptocurrency as because of COVID-19 outbreak crypto industr...
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Blog
A Comprehensive Guide to Choosing a Perfect e-KYC Solution for Businesses
Most of our processes, including financial and business dealings, have now shifted to online plat...
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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, Identity & KYC
Digital ID Verification
The Current Situation
Digital ID Verification is the key to securing your business in thes...
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Blog, Business Technology, Online Marketplace
Asian Banks push for greater Fintech to cut down AML Compliance cost
Asian Banks are now asking their regional and national regulators to allow more fintech in order ...
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Blog
Romance Scams: Protect Your Heart and Wallet with Identity Verification
People searching for love online sometimes meet the unfortunate fate of a broken heart and someti...
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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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Blog
KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help
As technology continues to transform the financial industry, the need for identity verification h...
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Blog
How Can 2-Factor Authentication Protect Customers Against Fraud?
Need for Customer Authentication Mechanisms
Since the existence of humanity, new innovations and ...
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Blog
Disruptive Fintech Trends 2020
Fintech has changed the way consumers access their finances. From mobile payment apps to insuranc...
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Blog
Securing Identities in the Age of AI with Facial Recognition Technology
Although the digital revolution has brought us unprecedented levels of connectivity and comfort, ...
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Blog
Know Your Player – Preventing Identity Fraud in Sports Events
The ongoing trend of globalizing sports activities since the last few decades has resulted in a l...
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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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How Optical Character Recognition is Changing the Financial Industry
Banking and other financial services are the world’s most closely watched and strictly gove...
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Blog
The Path to CX Leadership – An Interview with Saroni Kundu
From Code to Customer: How Saroni Kundu Found Her Passion in CX
In our latest Beyond Borders podc...
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Blog
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
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...
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Blog
Art Market in the Frame of Money Laundering
The highly volatile finance and crypto sector is not appealing for many investors, so they turn t...
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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 ...
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Blog
Biometric Identification revolutionizing the world in 2020
Every day we come face to face with new technology innovations that leave us awestruck. From the ...
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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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Blog
KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help
As technology continues to transform the financial industry, the need for identity verification h...
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Blog
Harnessing the power of AML Screenings to Uncover Politically Exposed Persons [PEPs]
Since the last decade, governments and financial institutions have been trying to limit corruptio...
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Blog
Video KYC: A Complete Overview
The digitisation of KYC was inevitable, but the COVID-19 pandemic accelerated what would have oth...
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Blog
Rethinking Trust in Crypto: How Digital Identity Verification Will Power the Next Phase of Growth
The crypto industry is at a crossroads. After a decade marked by disruptive innovation and volati...
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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
Gambling Compliance or Data Protection? The Puzzle is Solved!
The evolving regulations for the gambling industry are likely to increase compliance challenges i...
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Blog
Video KYC in 2025: What It Is, How It Works & Why It Matters
Introduction
Lockdowns pushed remote onboarding from nicety to necessity, turning video KYC into ...
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Blog
What Counts as Proof of Income? A Guide for Businesses That Need to Verify Financial Status
Verifying a person’s income isn’t just about numbers, it’s about trust. Whether you’re approving ...
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Blog
Customer Risk Assessment: Strengthening Security in the Digital Age
Business partners, vendors, and third parties play essential roles in daily operations, contribut...
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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
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
The Top 6 Holiday Season Scams to Avoid in 2023
As we move further into digitisation, our methods of giving gifts have changed drastically. In to...
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Blog
Evaluating the Potential of Digital ID Verification Systems in 2022
Identity fraud and synthetic identities are skyrocketing and collectively account for a loss of ...
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Blog, Online Marketplace
Age Verification – Must Have For Age Restricted Retailers
Mobile e-commerce makes up for nearly 29% of the entire e-commerce sales in the US. A majority of...
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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...
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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...
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Blog
5 Ways Banks Can Minimize Risks In Light of KYC/AML
If you’re dealing with customers across borders, how can you safeguard your bank by ensuring that...
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Blog
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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Blog
Brazil’s Updated Regulatory AML Guidelines for 2023
Money laundering, corruption, and drug trafficking are prevalent issues in Brazil, the world’s se...
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Blog
NFC Verification – Securing Large-scale Events from Frauds
Large-scale events are a great way for imposters to execute their illicit plans. Data breaches, m...
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Blog
Video KYC Verification | The Hassle-Free Process of Authenticating Identities
Digital onboarding these days is getting tougher for firms working and managing their business op...
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Blog
KYC Outsourcing vs. In-House Systems – What Should Businesses Opt For?
KYC requirements for financial institutions throughout the world come with a basic need for imple...
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Blog
UAE’s Targeted Financial Sanctions (TFS) – How Shufti Can Help Ensure AML Compliance
Money laundering has always remained a huge challenge for global economies, and all the major jur...
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Blog
Shahid Hanif’s Take on Shufti’s Five-Year Journey of Winning the Fight Against Fraud
The financial sector constantly faces new and emerging challenges in fighting sophisticated fraud...
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Blog
Identity Verification Isn’t Just for Compliance Anymore
Identity verification solutions are well-known in regulatory compliance environments, particularl...
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Blog
Securing Identities in the Age of AI with Identity Verification
The digital age has offered unprecedented convenience and connection, but it has also introduced ...
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Blog
The ‘What’, ‘How’ and ‘Why’ of Sanctions Screening | A Basic Guide
International collaboration and cross-border transactions have become the norm in our interconnec...
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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...
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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 ...
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Blog
Digital Safety for Social Media, Gaming & E-Commerce Platforms
As people and businesses are getting more and more connected online, social media continues to pl...
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Blog
A Fintech’s Journey to 100% Compliance and Rapid Growth
My EU Pay, a specialist payment institution serving hundreds of business customers in the U.K. an...
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Blog
Understanding AML Sanction Lists: Key Global Regimes and their Importance
Sanction lists are expanding regularly and sanctions imposed by different authorities do not alwa...
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