Blog
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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Preventing Criminal Abuse of the Australian Crypto Market with Shufti’s AML Screening Services
Cryptocurrencies have been around for a decade and investors have found a feasible option for inv...
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Blog, Financial Crime / AML
AML Screening in the light of Compliance Regimes Around the Globe
AML compliance is inevitable for all types of businesses around the globe. The regulatory complia...
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Blog
August 2023 Recap: Major Violations and How AML Screening Can Help
With technological advancement, scammers are revising their strategies to bypass verification sol...
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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...
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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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Frequently Asked Questions about OCR Scanners
The way we process and analyse written information has been entirely transformed by Optical Chara...
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5 AML Compliance Trends for 2023 – New Regulations and Technological Advancements
From digital payments to new regulations on preventing fraud and FINRA’s guidelines on penalising...
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Blog
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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Legal Entity Identifier (LEI) — What it means and how it helps financial institutions?
The need for trusted digital communication in this age is crucial due to increasing cybercrimes. ...
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Digital KYC – Protecting All Generations from ID Fraud
From baby boomers to Gen Z, identity fraud is the problem of all generations. Studies suggest tha...
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Blog
Digital Age Verification replacing Age Gates for better compliance
Age verification is one of the trending snd sensitive topics these days, especially in the busine...
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Blog, Business Technology
What Due Diligence Means for Your Business
Due diligence is a process that helps banks and individuals to get to know in detail who they are...
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Blog
AML Screening – Identifying and Overcoming Challenger Banks’ Weaknesses
There are approximately 77 challenger banks in Europe alone, the best range amongst the other reg...
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KYC Verification: Eliminating Fraud from Crypto Exchanges
Despite persistent volatility, the crypto market continues to yield profits. Whilst the market wi...
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Top 13 Cybersecurity Predictions for 2020
Cybersecurity threats are ostensibly ubiquitous in this internetworking infrastructure. Internet-...
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Holiday Season Scams – 5 Ways Identity Verification Can Help You
The holiday season brings in a lot of joy and harmony for everyone. From thanksgiving to new year...
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Phishing Attacks and the Role of Two-Factor Authentication
In today’s digital world, almost everything we do is on the internet, be it for official purposes...
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Understanding the Key Role of Risk Assessment in the Crypto Industry
Cryptocurrencies are becoming a hotspot for scammers to perpetrate financial crime. Over 46,000 i...
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ID verification Services – Why Paper IDs are inferior to Digital Cards?
ID verification services are at the forefront of making online marketplace transparent and ensuri...
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Blog
DSAR Under GDPR and CCPA – Understanding the Key Differences
Data protection is one of the key concerns of organisations these days. For the same reason, data...
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Blog
Unfolding Telecom Frauds through Effective KYC Compliance
The growing adoption of smartphones has naturally spurred sharing of personal data. From providin...
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Blog, Fraud Prevention
Credit Card Frauds- How Can You Prevent It?
Ever since credit cards were introduced, credit card fraud has been elevating. One needs to stay ...
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Blog
How E-KYC is Overcoming the Hurdles of Financial Inclusion
The challenges associated with the global pandemic have risen at a bewildering speed and yet ther...
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Blog
Worldwide Language Coverage from Shufti helps you go Global
Language serves the purpose of communication among people of a certain locality, nation or in cas...
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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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Online Identity Verification – How to Secure Online Gaming & Gambling Platforms
Online gambling is the way to go for betting enthusiasts nowadays and brings both convenience and...
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Blog
A Comprehensive Guide to Understanding Ultimate Beneficial Owners (UBOs)
Identifying UBOs and their control over a business is crucial for financial firms to meet regulat...
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Rising Concerns of Money Laundering and the Role of Global Financial Sanctions
Since 9/11, money laundering has become a global issue that has raised alarms for financial watch...
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Blog
AML Compliance in the FinTech Industry’s Uncertain Regulatory Landscape
Financial technology (FinTech) exists to improve and automate the delivery of economical services...
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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
Top 5 Reasons to Incorporate Identity Verification into Your Hiring Process
From widespread layoffs to the urgency of hiring as soon as possible, the job market has drastica...
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Blog
Politically Exposed Person – An unsaid threat to Businesses
A politically exposed person or PEP is the one who has been assigned to perform prominent public ...
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Blog
From Fraudsters to Artists – The Dire Need of AML Compliance for NFTs
Over the past few years, NFTs or Non-Fungible Tokens have become popular in the crypto sector. Ac...
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Blog, Online Marketplace
How API-based Technologies Can Transform the Future of Online Marketplace
API Based Technologies: Application Programming Interfaces (APIs) are giving advanced ways of dig...
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Blog
Singapore’s Digital Payment Token and AML Regulations [2022 Updates]
Financial crimes are an ever-increasing threat to the global economic climate. As a financial hub...
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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, Identity & KYC
Why You Need to Verify Identity Online
5 Unusual Ways Stolen Identities Can be Used Online
The need to verify identity in the digital sp...
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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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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...
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Blog
COVID-19: An opportunity for financial sector to expand digital transformation
A sudden epidemic swept across the world, and it had an impact on our lives, work, and even the p...
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Blog
A Comprehensive Guide to KYC and AML Regulations in the UK
The increasing number of financial crimes in the UK calls for stringent measures to safeguard the...
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Blog
Digital KYC – Protecting All Generations from ID Fraud
From baby boomers to Gen Z, identity fraud is the problem of all generations. Studies suggest tha...
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Blog
Blockchain and Identity Theft: Potential Challenges and how to Tackle Them
Blockchain has become increasingly popular because of its potential to provide secure transaction...
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Blog
Enhanced Due Diligence – How to Identify and Deal with High-Risk Customers
Business relationships always come with associated risks that require carefully implemented measu...
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Blog
The Relentless Rise of Fraud in the FinTech Industry – How CDD Helps
Fraud has always been on the rise ever since the advent of the FinTech industry. As perpetrators ...
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Blog
Identity checks – A Profitable Business Strategy or Another Business Expense?
Online commerce is a necessity of every business these days. With nearly every consumer carrying ...
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Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Fraud Prevention, Identity & KYC
Initial CCPA Compliance Costs Could Hit $55 Billion: Report
According to an economic impact assessment prepared for the state attorney general’s office by an...
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Blog, Fraud Prevention, Online Marketplace
Why Digital KYC is Important for Insurance Fraud Prevention
KYC For Insurance Companies : Basically, a system that can carry out real-time identity verificat...
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Blog
How to Create a Wow! Fraud Prevention System with Shufti
The ever increasing threat of identity fraud skyrocketed when the coronavirus pandemic struck the...
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Blog
Risk Assessment – Helping Businesses Determine High-Risk Customers
The 2008 financial crash was a pivotal event in shedding light on the detrimental impact of lacki...
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Blog
Video KYC Verification – Reimaging Customer Onboarding in 2023
As technology is advancing so do fraudsters, ringing security alarms for financial businesses and...
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Blog
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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Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection
Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...
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Blog
New Money Laundering Patterns to Look Out for in 2022 – Do Social Media Platforms Need AML Screening?
With digitization, the use of the internet and easy access to smart gadgets has increased the num...
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Blog
KYC Verification – The Need for Customer Due Diligence in Co-Working Spaces
The development of coworking platforms has led to a business transformation that brings security ...
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Blog, Financial Crime / AML, Online Marketplace
Smaller Banks are in dire need of AML Compliance to avoid fines
Smaller banks are being considered an easy target for money laundering activities because of thei...
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Blog
e-IDV | Enhancing Fintech Onboarding, Operations & Compliance
Fintech is unprecedentedly growing and changing as it responds to the always-changing tech landsc...
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Biometric Technology, Blog, Online Marketplace
Why a Business would need Biometric Consent Verification?
Biometric consent verification is a unique solution from Shufti that enables businesses and c...
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Blog
AI-Powered OCR to replace data entry in 2020 – A detailed insight
Living in the data-driven world, there is a huge demand for storing data from printed or handwrit...
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Blog, Online Marketplace
Secure Online Gaming with Digital KYC
Here is a scenario that shows the importance of having a digital KYC system integrated with your ...
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Blog
Securing Gig Economy Operations and Contributing to the Growth with KYC Solutions
Startups, SMEs, and the gig industry have seen unprecedented growth. Not to mention, COVID-19 was...
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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
6 Industry Experts Share Their Thoughts on NFC ID Verification
Thanks to the growth of contactless transaction systems like Apple Pay, NFC is now a mainstream t...
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Blog
Know Your Patient – Balancing Security, Customer Experience and Compliance in the Healthcare Sector
As the healthcare industry continues to offer life-critical services while making efforts to impr...
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Blog
The New Face of Authentication (*hint: you’ve seen it before!)
Companies face the daunting tasks of securing their data against the evolving threat of fraud whi...
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Blog
A Brief Insight Into Anti-Money Laundering (AML) Regulations in Colombia
Money laundering has become a global issue, and almost all countries are facing this threat in va...
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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
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...
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Blog
COVID-19 Pandemic – What it holds for businesses?
The year of the Rat, 2020, didn’t get a propitious start because of the deadly coronavirus outbre...
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Blog
Financial Regulations Against Crypto Sanctions Evasion in the UK – Is the Crypto Sector Safe?
Many governments throughout the world are facing concerns of money laundering and sanctions evasi...
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Blog
Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection
Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...
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