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A Detailed Insight into Due Diligence for SMEs in Europe
Recent developments in due diligence legislations have prompted debate on SMEs being subject to t...
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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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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...
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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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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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5 Things Businesses Should Know about PEP Screening
Regulators levy penalties when compliance programs fail or companies have insufficient compliance...
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Blog, Financial Crime / AML
South Korea want Crypto Exchanges to adopt Digital KYC and AML Compliance
South Korea is soon going to adopt regulatory measures to bring in crypto exchanges under regulat...
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Financial Crimes and Romanian AML/KYC Landscape – How Shufti’s AML Screening Can Help
Since the coronavirus outbreak, people worldwide have experienced things that no one could have a...
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KYC Regulations Across the Globe | An Updated Guide 2023
The global financial industry finds it hard to meet compliance and secure sensitive cus...
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Analyzing and Balancing the Variables of an Effective Identity Verification Solution
Today’s constantly transforming digital landscape where technology empowers businesses fast-paced...
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AI face recognition for total automation
Face recognition is everywhere but still we’re unable to say goodbye to document, maybe because w...
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AI-Powered OCR to Combat Challenges During Manual Data Processing
Every industry has to deal with tons of customer data on a daily basis. Receiving information, ex...
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Strengthening E-commerce Security with KYC Regulations
Facilitating customers to shop online, anytime and anywhere, eCommerce has revolutionised digital...
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CCPA Compliance Checklist – Is your business ready?
With the world moving towards digitization, organizations have a customer base from all around th...
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Japan’s Act on Personal Information Protection – What Businesses Must Do
New and emerging ways to bypass verification checks have allowed fraudulent entities to breach th...
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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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5 Key Questions about Facial Recognition Answered by Experts
Technology has definitely made life convenient but comes with a gazillion concerns from anyone wh...
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Blog, Identity & KYC, Online Marketplace
Age Verification – Does Your Business Need It?
Several businesses are unaware of the significance that age verification holds for their business...
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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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Mobile Banking Adoption and the Rising Fraud Concerns Worldwide
People have been repeatedly talking about the COVID-driven digital “transformation” in the bankin...
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Safeguarding the Art Market with Shufti’s AML Screening Solution
Non-fungible tokens (NFTs), blockchain-powered title deeds tied to a virtual or physical asset, h...
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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 ...
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Blog, Financial Crime / AML
South Korea want Crypto Exchanges to adopt Digital KYC and AML Compliance
South Korea is soon going to adopt regulatory measures to bring in crypto exchanges under regulat...
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Difference between KYC and AML
The growing Fintech industry leads to an increased demand for KYC and AML compliance requirements...
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Fighting ID Fraud in the Healthcare Industry With Online ID Verification
While the coronavirus outbreak has emerged with a lot of challenges for the healthcare industry, ...
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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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Perpetual KYC: The Future of Due Diligence in the Financial Industry
Digital transformation is paving the way for quick growth in the compliance sphere. However, regu...
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5 Key Regulatory Updates for the Banking Sector in 2021
The pandemic disrupted operations in the banking sector and the criminal activities significantly...
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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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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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Understanding Facial Identification: Face Verification vs. Face Recognition
Many terms in the biometrics field are used interchangeably, particularly regarding facial verifi...
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The FATF Travel Rule: What Business Owners Must Know
The rapidly evolving landscape of technology and cryptocurrency has made the regulation of digita...
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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...
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The Top Customer Onboarding Tips for Businesses
Today every business is competing to boost their retention rate and offer their audience a secure...
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Customer Due Diligence – Risk Scoring of Fraudsters to Prevent Crimes
As per the research of The Journal of Accountancy, fraudsters carry out crimes for two reasons: n...
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Prevailing Crimes in Identity Verification – How Shufti’s Forensic Document Verification Can Help
Identity fraud has become quite prevalent in digital businesses which is not only affecting opera...
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Digital Passports Driving the need for Biometric Verification at Airports
Digital or chipped biometric passports have automated the verification process at airports. The e...
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COVID-19 & Telehealth Fraud: Why ID Verification Is Necessary
From being a medical coverage option to becoming a medical necessity, the telehealth industry has...
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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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Identity Verification – Safeguarding Pharmaceutical and Controlled Substance Sales
With emerging technologies, the pharmaceutical industry has transformed significantly, and rapid ...
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Five Things you Need to Know About Shufti’s Digital Identity Verification
The growing digital fraud, stringent KYC and AML regulations put in place, and the increasing bur...
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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, Online Marketplace
Benefits of KYC services for Money Services Operators
Money service operators are at the forefront of international financial system as they help with ...
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How machine learning changed facial recognition technology?
We are entering a new era of fast and secure authentication clubbed with a perfect storm of digit...
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Securing Investment Industry with Shufti’s Investor Verification Solution
In this tech-driven world, perpetrators and organized crime groups are adopting sophisticated met...
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Customer Due Diligence Checklist – Is Your Business Compliant?
Compliance regulations can be a challenging task for the financial services sector and fulfilling...
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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, 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...
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New Regulatory Initiatives to Revamp the US Crypto Landscape
With digital currencies gaining prominence, the US financial landscape has seen major transformat...
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How Will Simplified Due Diligence SDD Help Industries in 2024?
For businesses, the due diligence process is an integral part of the Know Your Customer programme...
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OCR technology for businesses – Its applications and benefits
Optical Character Recognition (OCR) technology provides a business solution that automates data e...
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MiCA Goes Global: How to Stay Ahead with a Future-Ready Compliance Strategy
What Is MiCA?
At the end of 2024 and just weeks after the crypto market reached an all time high ...
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Key Takeaways from Shufti’s Global Identity Fraud Report 2020
After the rollercoaster year 2020, Shufti hopes this year will be less distressing for every...
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Solving the Cheating Problem in Online Gaming with Robust ID Verification Solution
The digital gaming and esports industry has grown at an immense pace in recent years, topping 1 b...
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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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Top 10 Health Industry Trends to Watch for in 2022
What are your expectations from the healthcare industry? Technological advancements have proven c...
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Combating 8 Prevalent Biometric Fraud Through a Single AI Solution
Considering how criminals are attempting new strategies to “steal a face”, companies are no longe...
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Top 10 Biometric Technology Trends to Watch For in 2022
Biometric innovations in present times have manifested various technological advancements and the...
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Blog, Online Marketplace
Fraud Prevention in Real Estate Industry
Fraud prevention tools that include3rd-party KYC service providers are essential in the real esta...
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Blog
What You Need to Know About Switzerland’s Crypto AML Rules by FINMA
Switzerland is historically famous for being a global hub for gold. However, the new digital gold...
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Blog, Financial Crime / AML, Reg Tech
AMLD5 – Regulations catching up with Technology
In this era of technology, it is a common saying that “Innovation leads and regulation follows.” ...
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Blog, Financial Crime / AML, Identity & KYC
All You Need To Know About KYC Compliance
Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...
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KYC For Sharing Economy – Building a Safe & Trusted Environment that Retains Customers
“Sharing Economy” is a term that has become popular in recent years, and the current digital worl...
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Surging Crimes in NFT Marketplaces – Setting New Security Standards Using Shufti’s AML Solution
The emergence of Non-Fungible Tokens (NFTs) has created new investment opportunities for business...
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Combating Identity Theft in On-Demand Services with Shufti’s KYC Solution
Transition is the only thing that is inevitable in the universe. Every passing day is changing ou...
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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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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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Disruptive Fintech Trends 2020
Fintech has changed the way consumers access their finances. From mobile payment apps to insuranc...
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Blog
Understanding Facial Identification: Face Verification vs. Face Recognition
Many terms in the biometrics field are used interchangeably, particularly regarding facial verifi...
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Blog
Combating Money Muling Activities With Shufti’s AML Screening Services
The coronavirus pandemic has brought about unusual changes in industries and lifestyles across th...
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Designing for the World: UX, Automation & Inclusivity with Lisa Kleinman
About Lisa Kleinman
Dr. Lisa Kleinman, Ph.D. is a UX leader, researcher and design strategist who...
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Blog
Periodic to Perpetual KYC — The Changing Landscape in Banks
The employment of effective Know Your Customer (KYC) procedures has long been a challenge for fin...
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