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 ID Verification via OCR can transform Digital World?

    ID verification

    ID verification is hailed as the ultimate savior for businesses operating multiple digital channels to increase their profits but before we discuss the utility of a reliable ID verification service, let us discuss, why it is becoming a need of every business that understands the value of identity theft prevention and digital fraud protection.

    The digital world is haunted currently with the ever-evolving menace of digital fraud and online scams. Businesses utilizing any online channel for increasing their revenue streams have to face a tough challenge of keeping out users with fake credentials. According to a recently released survey, the majority of business managers are concerned with digital fraud cutting down on their online revenues and in fact, creating a sense of vulnerability regarding their investments made on digital channels.

    Why ID Verification is Crucial?

    This susceptibility to online frauds is not just limited to digital assets of real-world companies but it extends to sensitive customer data stored in the databases of a company. Let it be a banking organization, a social media giant or an e-commerce website, the public fall out from a substantial data breach of customer data can wreak havoc to the credibility of a company. It means that companies are required not only to secure their online channels but also need to restrict access to their centralized databases as well. Some other issues that can come up because of lack of a technically superior ID verification solution include but are not limited to:

    • Unauthorized transactions
    • Digital Identity theft
    • Corporate Espionage
    • Cybercrime

    ID verification is the logical solution to avoid becoming a victim of any of the above stated digital threats. It is imperative for a prime-quality user experience to authenticate customer identity at the time of registration and even while performing crucial actions on various digital channels.

    But what kind of ID verification should be performed to make the entire process hassle free? What kind of IDs should be allowed for ID Verification? What should be the benchmarks that an identity document should meet to perform ID verification? All of these are important questions and answering them would help companies to not only adopt a highly effective ID verification solution but understand the true worth of such a solution as well.

    How does ID Verification Works?

    There is no singular method to perform ID verification but most of the companies are using 3rd party services to verify identity documents of their incoming users. They either integrate their digital platforms with APIs and SDKs or require their customers to install 3rd party plugins in order to validate their identities. Some Identity verification services require their customers to direct incoming traffic on their portal, where they verify the users themselves and after verification process is completed, they re-direct the traffic to the main website or mobile application.

    Some ID Verification services are limited to a specific region, which means that they can offer verification for only a limited number of IDs. Some KYC verification services offer verification for 100+ countries belonging to different continents but unfortunately, most of them have support for only official ID cards to perform ID verification. Shufti is an exceptional service as it offers official ID support for more than 225 countries and can even verify the identity of a user with the help of

    • Official ID Card
    • Driving License
    • Passport
    • Customized identity documents (employee card etc.)

    For address verification, Shufti even provides support not only for official identity documents but also for

    • Utility Bill
    • Bank Statements

    But these two documents cannot be older than 3 months, otherwise, they are not the eligible source of ID verification for Shufti. For an e-commerce and other online payment websites, Shufti can even verify

    • Credit Cards
    • Debit Cards

    Shufti utilizes a hybrid of Human Intelligence and Artificial Intelligence to check for the authenticity of an ID displayed for identity verification. Pattern recognition and Machine learning algorithms are leveraged to provide risk-free authentication service to Shufti customers.

    OCR Technology for ID Verification

    Effortless verification procedures are the main USP of Shufti and what better way to make an ID verification entirely hands free for end-users with the help of OCR technology. OCR stands for Optical Character Recognition and it is a technology that can extract written information from any document, whether in digital format or physical format. An ID verification that takes help from OCR technology essentially means that all the personal information of the end users e.g. Name, Date of Birth, Address, Nationality, and Gender are extracted from an official identity document. This not only substantially reduces the time required to fulfill the verification process but also makes the input from end-user minimal. All they need to do is display their preferred identity document in front of a webcam/phone camera or upload an image on Shufti’s verification iFrame. After that, Shufti will do its magic.

    After personal information is extracted by OCR technology from an official document, Shufti’s automated system fills it in an information form and displays it to end-user for confirmation. In case a user finds any text field empty or finds any mistake in extracted information, they can correct it manually before the information form is forwarded to Shufti for verification. So, Shufti has automated the information extraction process for identity verification but has kept the final say with the end-user to approve the credentials being forwarded for verification. As transparency rests at the heart of AI-powered verifications from Shufti, that’s why it has been ensured that the users have the necessary rights to edit the information extracted by our OCR technology. We have 100% trust in our product but we are not going to let our trust in technology lose sight of a customer’s right to their true identity. After all, technology processes are constantly improving field and machine learning from Shufti will help perfect identity verification processes for Shufti customers and end-users who will have to undergo identity verification processes for authentication of their personal information.

    AI quickens verification Process

    Shufti has strategically employed the power of Artificial Intelligence to not only make the entire verification process error free but to provide real-time verification results to its customers. All identity verification services from Shufti are offered with a turn around time of 30-60 seconds, which means that it takes under 1 minute to collect all the verifiable information from end-users. OCR technology brings down this time duration for the collection of data even lower as the end-user will not have to spend any time in filling out any information form that then has to be verified with the help of an identity document. The smart system of Shufti can collect the information on its own.

    It is important to mention here that an official document is verified before any useful customer information is collected from it. This ensures quicker verification process as an AI-based system will decline any request of OCR based ID verification as soon as it detects that a fake document is being used to verify a person’s identity.

    Another important aspect of Shufti is that its Artificial Intelligence is based on Machine Learning, which means any new attempt to utilize doctored or fake documents is not only declined but the system “remembers” the pattern of fraud and takes lesser time, next time someone tries to verify their identity document with the same method of forgery. It means that with each verification Shufti verification system becomes smarter, favoring its customer for their continued loyalty to Shufti verification services. KYC verification and other forms of identity verification become entirely risk-free with Shufti at your side.

    Use Cases for Swift KYC

    ID Verification supported by OCR technology can be beneficial for a large number of businesses around the globe. Especially, identity verification service from Shufti that covers 200+ countries and territories  has support for multiple document formats can be beneficial for businesses around the globe. Even the multi-national companies offering services in different territories can take advantage from multiple document formats supported by Shufti for verification for its various offices/branches located in multiple countries. No other KYC software can promise similar service standards while performing KYC checks.

    Address Verification – Using OCR technology for ID verification can come in handy while authenticating address of a potential user who has placed an order on an e-commerce website. This form of digital KYC will help bring down the cashback requests and if used on a credit card, it can even secure online shipping services from credit card scams, something that other fraud protection services cannot do at such swift pace.

    AML Compliance – Many KYC solutions are limited to provide only identity verification services to its customers but Shufti can even provide AML compliance to its customers as well. Shufti takes help from a large data bank compiled from 3000 databases, 1000 sanction lists and watch lists, in addition to a large list of politically exposed persons to perform AML background checks. So, not only you can verify the true identity of a user with the help of OCR based ID verification services of Shufti but can also measure financial risk attached to bringing onboard potential customers.

    Insurance fraud prevention – International Insurance industry can use an identity verification service such as Shufti to integrate a highly efficient online id verification system with their pre-existing digital resources. As explained earlier on, Shufti is fully capable of verifying not only official identity documents but its OCR based ID verification functions perfectly for a customized document such as insurance card as well. False insurance claims for life insurance and medical care insurance can easily be detected by Shufti by extracting the data from the customized document.

    Compliances

    There are several KYC verification solutions available but most of them pose a great danger to their naive customers. Some KYC software lacks proper PCI certification to carry out a reliable verification over a secure network. Vital financial information is at risk of hacking that is forwarded by a client to their chosen online identity verification solution that in return lacks PCI certification.

    GDPR is another concern when it comes to online ID verification. If you think that you are not based in EU and thus, you are secure from provisions of GDPR, then you must re-think your strategy. This data privacy law is applicable to any business that is handling vital personal information of EU citizens and law allows EU authorities to take action against companies that are not based originally in EU. So, a KYC check performed using ID verification without compliance with GDPR can land you in a heap of trouble.

    Shufti, on the other hand, is not only fully compliant to PCI and GDPR regulations, but it adheres to compliance regulation put forth by several other data protection agencies as well. We collect data of end-users through secure channels and then safeguard that data from any potential data breach as well. We also never use verification data for any monetary gains by selling it to any 3rd party marketing firm or personal information harvesting companies. We are in data verifying business, not in data selling the business.

    Conclusion

    ID verification by OCR technology is the right way to authenticate the identities of a user in the coming future, as it not only reduces the risk of registering users with fake credentials but also significantly reduces the verification turnaround time. Coming from an already swift KYC software such as Shufti, online businesses can be rest assured that no other solution can provide verification status for their incoming traffic as quick as Shufti.

    With proof of verification available in Shufti back office and mandatory approval from end-user before verification data is sent to Shufti, ensures transparency for both Shufti customers as well end-users performing ID verification via Shufti.

    Recommended For You:

    Related Posts

    Blog

    Address Verification: The Cornerstone of Elevating Customer Experience

    Today’s highly emerging technology is changing the way consumers shop online products. Given the ...

    Address Verification: The Cornerstone of Elevating Customer Experience Explore More

    Blog

    KYC/AML Compliance – An Anti-fraud Mechanism for E-wallets

    As more and more countries had to enforce lockdowns because of the pandemic, remote working and d...

    KYC/AML Compliance – An Anti-fraud Mechanism for E-wallets Explore More

    Blog

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook

    Financial services have always played a vital role throughout the entire history of advanced huma...

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook Explore More

    Blog

    Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution

    The telehealth industry has been completely revolutionized by services ranging from medical essen...

    Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution Explore More

    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...

    Common Types of BNPL Fraud and the Role of KYC/AML Regulations Explore More

    Blog

    AML Compliance and Digital Banks – Understanding the Evolving Regulatory Landscape

    The emergence of new technologies in FinTech, increasing use of digital currencies, and alternati...

    AML Compliance and Digital Banks – Understanding the Evolving Regulatory Landscape Explore More

    Blog

    Holiday Season – The Time of the Year When Frauds Soar Sky High

    Despite being the “most wonderful time of the year”, the holiday season is known to have the high...

    Holiday Season – The Time of the Year When Frauds Soar Sky High Explore More

    Blog

    Strategic Evaluation and Elimination of Money Laundering in Real-Estate Sectors

    The exchange of illicit money through real estate has been the most commonly encountered method o...

    Strategic Evaluation and Elimination of Money Laundering in Real-Estate Sectors Explore More

    Blog

    Revolutionizing the Finance Sector | VKYC’s Impact on Identity Verification in 2024

    Identity verification is crucial in today’s ever-evolving digital landscape as it helps prevent i...

    Revolutionizing the Finance Sector | VKYC’s Impact on Identity Verification in 2024 Explore More

    Blog

    Stablecoin Market and the Role of AML in Safeguarding Digital Finance

    With the rapid expansion of the cryptocurrency market, stablecoins have swiftly emerged as a popu...

    Stablecoin Market and the Role of AML in Safeguarding Digital Finance Explore More

    Anti Money Laundering, Blog

    Danske Bank Scandal: Banks Under Strict AML Scrutiny of FSA

    Money laundering is becoming a global phenomenon. As per the United Nations Office on Drug and cr...

    Danske Bank Scandal: Banks Under Strict AML Scrutiny of FSA Explore More

    Blog

    Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector

    Banks are considered a subset of the financial services industry and play the most crucial role i...

    Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector Explore More

    Blog

    AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance

    With technology evolving every day, online gambling is one of the sectors that has revolutionized...

    AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance 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

    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

    Top 5 Cybersecurity Trends to Look Out for in 2022

    With 2022 just around the corner, new developments in cybersecurity are already beginning to take...

    Top 5 Cybersecurity Trends to Look Out for in 2022 Explore More

    Blog, Financial Crime / AML

    Global AML Regimes – Tightening Reins on Money Launderers

    Money laundering is a global menace. Money laundering and terrorist financing are the major targe...

    Global AML Regimes – Tightening Reins on Money Launderers Explore More

    Blog

    Safeguarding Ride-Hailing Services with Identity Verification Solutions

    With the global digitization, mobility services are known to the world before the pandemic has ir...

    Safeguarding Ride-Hailing Services with Identity Verification Solutions Explore More

    Blog

    Video KYC Verification – Reimaging Customer Onboarding in 2023

    As technology is advancing so do fraudsters, ringing security alarms for financial businesses and...

    Video KYC Verification – Reimaging Customer Onboarding in 2023 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

    Top 8 Facial Recognition trends to watch in 2020

    Facial recognition has been gaining prominence in recent times, owing to the benefits it offers o...

    Top 8 Facial Recognition trends to watch in 2020 Explore More

    Blog

    3 ways to protect your organizations from coronavirus cyber security threat

      Due to the spread of the coronavirus, the world adapts to new ways of working. Cyber criminals ...

    3 ways to protect your organizations from coronavirus cyber security threat Explore More

    Blog, Online Marketplace

    Social Media and Identity Theft Frauds

    Imagine this: You get up in the morning and like most people; check your email. There you have an...

    Social Media and Identity Theft Frauds Explore More

    Blog

    Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity

    As minors are going online and utilizing digital services as well as smart gadgets more frequentl...

    Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity Explore More

    Blog

    The Top 10 Advantages of OCR for Business Owners

    In our current data-driven and digital world, many organisations struggle with vast quantities of...

    The Top 10 Advantages of OCR for Business Owners Explore More

    Blog, Fraud Prevention

    6 Steps of Online Fraud Prevention for Businesses

    With the rapid development in the online retail industry and banking industry, there is an increa...

    6 Steps of Online Fraud Prevention for Businesses 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

    The Ultimate KYC Checklist for 2023 to Ensure Regulatory Compliance

    Non-compliance cost businesses billions of dollars. Regulators have charged financial firms with ...

    The Ultimate KYC Checklist for 2023 to Ensure Regulatory Compliance Explore More

    Blog

    Customer Risk Assessment: Strengthening Security in the Digital Age

    Business partners, vendors, and third parties play essential roles in daily operations, contribut...

    Customer Risk Assessment: Strengthening Security in the Digital Age Explore More

    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...

    NFC Verification – Securing Large-scale Events from Frauds Explore More

    Blog

    Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks

    The telecommunication industry holds significance for the information sector as it is primary inf...

    Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks Explore More

    Blog

    Shell Companies and Money Laundering: How to Combat Them?

    Shell companies are notorious for all the right reasons. These entities often called ghost compan...

    Shell Companies and Money Laundering: How to Combat Them? Explore More

    Blog, Identity & KYC

    7 Ways to Protect Your Children from Identity Theft

    Living in the digital world, the word “Identity theft” makes us more than a little nervous. Knowi...

    7 Ways to Protect Your Children from Identity Theft Explore More

    Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC

    Know Your Business-Pillar of Strength To AML Regulations

    Moving in the world of technology, where every industry is going digital, there has been very les...

    Know Your Business-Pillar of Strength  To  AML Regulations 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

    Basel AML Index 2021 – Evaluating the Risk of Money Laundering Worldwide

     The threat for money laundering and terror financing continue to increase with global a...

    Basel AML Index 2021 – Evaluating the Risk of Money Laundering Worldwide Explore More

    Blog, Fraud Prevention

    Identity Theft Frauds – How can you stay a step ahead?

    Identity theft is ‘a hot potato’ these days. Every day we come across news of online fraud that h...

    Identity Theft Frauds – How can you stay a step ahead? Explore More

    Blog, Identity & KYC

    Identity Verification Market ‘Hitting High Record’

    The advent of technology has pushed businesses to digitize their operations for better customer e...

    Identity Verification Market ‘Hitting High Record’ Explore More

    Blog

    Regulatory Compliance | The Importance of Age Verification on Betting Sites

    Online betting sites and gambling platforms frequently face significant challenges in adhering to...

    Regulatory Compliance | The Importance of Age Verification on Betting Sites 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

    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

    Why Digital Identity Verification is Booming – A Detailed Insight

    According to the report “Digital Identity & Document Verification Market & Technology Ana...

    Why Digital Identity Verification is Booming – A Detailed Insight Explore More

    Blog

    The Reality Behind Money Laundering through Environmental Crimes

    Environmental crimes are among the most prevailing and profiting offenses present in the world. C...

    The Reality Behind Money Laundering through Environmental Crimes Explore More

    Blog

    The Growing Risk of Wash Trading and Money Laundering – How Shufti Can Help

    The Non-Fungible Token (NFTs) market exploded last year and became one of the most popular buzzwo...

    The Growing Risk of Wash Trading and Money Laundering – How Shufti Can Help Explore More

    Blog

    Securing Cryptocurrency Sector and Fighting Financial Crimes With Shufti’s AML Solution

    A decade ago, digital currencies were an academic concept, largely unknown to the world’s general...

    Securing Cryptocurrency Sector and Fighting Financial Crimes With Shufti’s AML Solution Explore More

    Blog

    ID Document Fraud | Is Your Business Prepared to Fight the War Against Fraud in 2024?

     In today’s data-driven, digitized world, various business processes have been automated...

    ID Document Fraud | Is Your Business Prepared to Fight the War Against Fraud in 2024? 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

    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...

    Romance Scams: Protect Your Heart and Wallet with Identity Verification Explore More

    Blog

    Top 10 Questions about AML Compliance Answered by the CTO of Shufti

    The regulatory landscape is changing with time and a number of questions are arising. AML complia...

    Top 10 Questions about AML Compliance Answered by the CTO of Shufti Explore More

    Blog

    The Truth Around DeFi Compliance – Bridging the Transparency Gap

    Financial markets around the world have seen increased popularity with the advent of decentralise...

    The Truth Around DeFi Compliance – Bridging the Transparency Gap 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

    Youtube Stepping up to Protect Minors’ Data Online

    The explosion of the internet and mobile devices has paved new ways for marketers and Cybercrimin...

    Youtube Stepping up to Protect Minors’ Data Online Explore More

    Blog

    The Worldwide Response on Covid Vaccine Passports – A Brief Insight

    One question that is being asked around the world with great urgency is, would freedom be granted...

    The Worldwide Response on Covid Vaccine Passports – A Brief Insight Explore More

    Blog

    Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV?

    Ever since Mark Zuckerberg changed Facebook’s name to Meta, the acronym “metaverse” has taken ove...

    Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV? 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

    10 factors shaping the identity verification industry in 2020

    The identity verification industry is expected to grow steadily during the forecast period, reach...

    10 factors shaping the identity verification industry in 2020 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

    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, Reg Tech

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free

    On June 26, 2018, the European Union landed the fourth AML directive that is targeted at combatin...

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free Explore More

    Blog

    Top Five FinTech Industry Trends to Look For in 2021

    Continuous advancements in technology have shifted the world toward digital means of communicatio...

    Top Five FinTech Industry Trends to Look For in 2021 Explore More

    Blog

    Top 5 Challenges in Online Identity Verification

    The online ecosystem of identity management is more dynamic than ever before. It’s a flexible and...

    Top 5 Challenges in Online Identity Verification Explore More

    Blog

    Antiquities Market – A Conduit of Money Laundering and Terror Financing

    Money laundering and terror financing through art and antiquities has been a concern of regulator...

    Antiquities Market – A Conduit of Money Laundering and Terror Financing Explore More

    Blog

    April 2023 Recap: Major AML Fines and Key Events

    With the world embracing digital transformation, scammers have adopted sophisticated strategies t...

    April 2023 Recap: Major AML Fines and Key Events Explore More

    Blog

    OCR in Banking | Automating Data Extraction, Customer Onboarding, and ID Verification

    The global Banking and Financial Services Industry (BFSI) is one of the most heavily regulated an...

    OCR in Banking | Automating Data Extraction, Customer Onboarding, and ID Verification Explore More

    Blog

    Digital KYC to Trace and Tackle High-Risk Customers

    Customers are the assets and building blocks of any business. Customers are responsible for takin...

    Digital KYC to Trace and Tackle High-Risk Customers Explore More

    Blog

    A Detailed Insight Into Australia’s Gaming and Gambling Regulations

    In recent years, the online gaming and gambling industry has experienced significant growth as te...

    A Detailed Insight Into Australia’s Gaming and Gambling Regulations Explore More

    Blog

    Navigating the New Era of Customer Identity: Strategies for Compliance Professionals

    Introduction The identity verification and authentication landscape is undergoing a rapid transfo...

    Navigating the New Era of Customer Identity: Strategies for Compliance Professionals 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

    Biometric Technology, Blog

    Warning: You’re Losing Money by not Using Biometric Identification

    On the surface, Biometric Identification might seem as if it’s only useful for opening your bank ...

    Warning: You’re Losing Money by not Using Biometric Identification Explore More

    Blog

    40 Surprising Facts and Statistics About Money Laundering [2021 Update]

    Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...

    40 Surprising Facts and Statistics About Money Laundering [2021 Update] Explore More

    Blog

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook

    Financial services have always played a vital role throughout the entire history of advanced huma...

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook Explore More

    Blog

    Trade based money laundering – Challenges, detection and prevention

    Back in 2006, Financial Action Task Force (FATF) emphasised on new measures and strategies for ba...

    Trade based money laundering  – Challenges, detection and prevention 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