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Video KYC: Taking Traditional KYC to the Next Level
Know Your Customer (KYC) has undergone continuous evolution since its inception. Its purpose is t...
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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...
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Face Verification – Trends and Benefits for the Corporate World in 2021
Face verification technology has gained popularity over the past few years. A biometric authentic...
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Why online alcohol industry needs robust age verification solutions?
“Can I see some ID?” The question brick and mortar booze stores ask or at least should ask to ver...
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Blog, Online Marketplace
ID Verification – Fraud Prevention in Online Gambling Industry
By its very nature, gambling is quite risky. Add to it the potential for fraud that it attracts, ...
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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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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...
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SEPA Instant Credit Transfer Schemes – Disrupting the Financial Sector in 2023
There is no denying the fact that the financial industry has vital importance in the contemporary...
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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...
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5 types of identity theft fraud and How businesses can prevent it?
Online identity theft has the fastest growing crime rate in the world. According to a report, onl...
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7 Trends in Identity Verification Solutions to look for in 2020
Internet is an anonymous space where people can hide their identities and come up with bizarre ps...
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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, Identity & KYC, Online Marketplace
Utilising Digital Identity Verification for Imparting Better Healthcare
The importance of patient identification and verification is crucial in the healthcare sector. Ac...
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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...
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An Insight into AML Compliance in the Financial Sector [2022 Update]
The increasing global attention towards anti-money laundering (AML) and countering the financing ...
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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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Supplementing blockchain with KYC offers endless possibilities
While you may be tempted to think that decentralized and anonymous blockchains are safe because t...
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Top 5 Payment Trends Transforming the Commerce Sector in 2021
Financial markets across the globe saw many unpredictable changes due to the pandemic last year. ...
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Understanding False Positives in AML Transaction Monitoring
Financial institutions such as banks, neo-banks, insurance companies, investment companies, finte...
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Facial Recognition | The Principles of Responsible Use and the Legal Landscape
One of the most popular uses of AI nowadays is facial recognition. In all likelihood, it’s ...
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Age Verification: Use Cases, Significance and Regulations
This pillar post talks about the significance of digital age verification, how it works, what are...
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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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KYC and Blockchain – The Foundation of a Secure Crypto Landscape
Blockchain technology has demonstrated fast-paced growth throughout the world and now faces the c...
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Replay Attacks – Another Rising Threat for Businesses in 2021
As technology advances, more and more solutions are available for making lives convenient. Unfort...
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Affiliate Fraud Detection | How to Prevent it in 2024
Affiliate marketing is growing at an exceptional rate, worth $17 billion by the end of 2023, and ...
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Jobs in the frame for money laundering
How banks can detect money mules?
Remote jobs are trending but not every job is legitimate. Some ...
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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...
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Top 5 Industries that AI will Transform in 2021
Artificial intelligence is becoming a comprehensive and encyclopedic term to describe any innovat...
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AML Screening | Fighting the War Against Terrorist Financing & Money Laundering
Money laundering and terrorist financing have become a global concern. In the US alone, approxima...
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Blog, Online Marketplace
KYC for Banks: Reducing financial risk with a perfect digital solution
The banking sector has to tread a very balanced path between compliance regulations and customer ...
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e-IDV: Safeguarding Businesses and Customers in the Digital Age
Identity theft cases are on the rise in this age of digitisation. In 2022, India topped the list ...
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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
Data Breaches – Types, Sources, and Preventive Measures
A large number of well-renowned companies are under the threat of high-scale data breaches. After...
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Leveraging Age Assurance for Data Privacy and User Protection
Online age verification has gained great attention in recent years since many minors have been se...
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ICOs blocking investors from USA and China – Why and How?
Initial Coin Offerings, more commonly known as ICOs, are all the rage in modern day financial wor...
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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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E-commerce Frauds – Common types and Prevention tips
What are some common e-commerce frauds and how can you prevent them? Is the buyer on your site an...
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The Ultimate Guide to Central Know Your Customer (CKYC)
Due to the increasing rates of financial fraud, keeping detailed data on each client is more impo...
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AML Screening – Securing Alternative Payment Market and Overcoming Prevailing Risk of Crimes
Escalating demand for innovative, new, and robust alternative payment options across the world is...
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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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Blog, Fraud Prevention
4 Fraud prevention tips that you must follow this Holiday Season
The holiday season is around the corner and it is the time of the year when online shopping and m...
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Blog
How OCR Helps in Fighting Financial Crimes?
OCR, also known as Optical Character Recognition, isn’t a new technology. However, it’s use in fi...
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Blog, Identity & KYC
Biometric Identification is On the Rise in Education Sector
An acceptable method of identification i.e. biometric technology is hitting the education industr...
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A Comprehensive Guide to AML Compliance [2020]
Anti-money laundering (AML) laws are the primary target of regulatory authorities. These regimes ...
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COVID-19 pandemic turning into a financial crime threat
A few months back when the World Health Organization (WHO) declared coronavirus a “pandemic” it l...
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A Brief Insight into Safe Havens for Russian Oligarchs
The recent Russia-Ukraine conflict has sparked the West to impose sanctions targeting the Russian...
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Blog, Online Marketplace
Ride Sharing Services and ease provided by KYC Services
Ride Sharing services might be the hottest form of transportation especially in developed countri...
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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
5 Features of the Best Transaction Monitoring Solution
Criminals are continuously devising sophisticated strategies to launder illegally-acquired money....
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Blog, Online Marketplace
e-KYC Services for Libraries
Have you ever had those series of events that leave you shaking your head? That makes you believe...
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COVID Verification of Tourists: Is the Hospitality Sector Doing Much?
COVID-19 has been a big hassle for everyone except for those who adopted the new normal quickly. ...
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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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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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EU’s Upcoming Regulation for Cryptocurrency ‘Wild West’
The use of cryptocurrencies as an integral part of criminal schemes is growing immensely. However...
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The Most Common Use Cases of Identity Document Verification
As data breaches and other crimes increase, regulators must impose strict rules that corporations...
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Forex | The Use of Identity Verification
In addition to safeguarding clients, forex brokers have legal and regulatory obligations to uphol...
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Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services
Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...
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Shufti’s ID Fraud Report: Reviewing 2022 and a Preview of 2023
Twenty years back, “identity theft” was imagined as pictures of shady figures rifling through gar...
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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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AML Compliance – Putting an End to Money Laundering in Crypto Firms
In the past few years, cryptocurrencies were widely adopted as an investment method by not only i...
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The Definitive Guide to Anti-Money Laundering & Countering of Terrorist Financing
In this modern globalized era, money launderers, terrorist financiers and other criminal elements...
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Age Gating VS Age Verification | Enhancing Security for Minors
Age gating was once employed to stop minors from accessing age-restricted content. However, the a...
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COVID Passports – Bringing Convenience to the Travel & Tourism Sector
“Sorry, the earth is closed today.”
Tony Stark’s sarcastic dialogue became the worst possible re...
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5 Industry Leaders Shared Their Insights on the Future of Biometrics
Modern technology has brought several conveniences to life. From the ease of working at home to s...
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Avoid Non-Compliance Fines with AML Transaction Monitoring
Cybercriminals in the realm of fraud and financial crime are constantly revising exploitation met...
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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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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...
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Blog
Video KYC: Taking Traditional KYC to the Next Level
Know Your Customer (KYC) has undergone continuous evolution since its inception. Its purpose is t...
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Blog
How Deepfakes Deceptions are Affecting Businesses
The word deep fake comes from the terms “deep learning” and “fake,” and is a type of artificial i...
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Cross Border Digital Payments – Regulatory Regime and the Global Context
The world is moving towards smarter payments with technology trends picking up the pace in 2021. ...
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Blog
40 recommendations of FATF – Shaping the future of your business
Financial Action Task Force or simply FATF is an active global authority that never fails in surp...
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Metaverse and Money Laundering – How Shufti’s AML Screening Helps
For quite some time now, the world has been preparing itself for the latest development in multip...
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Addressing AML Compliance Challenges with a Risk-based Approach (2023)
Regardless of how big or small a company is, the after-effects of Covid-19 and the global financi...
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