Blog
Strategic KYC/AML Checks for the Financial Industry – Staying a Step Ahead of Fraudsters
In recent times, the financial industry has witnessed significant technological changes which hav...
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Blog
Card-Not-Present (CNP) Fraud – How to Prevent False Chargebacks?
The eCommerce industry continues to grow rapidly, so are fraudulent activities. According to Stat...
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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
Understanding Risk assessment in the Gambling Sector
The e-gambling industry has always been lucrative for gamers. However, it has also been constantl...
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Blog, Online Marketplace
What do NGOs have to gain from Identity Verification Services?
Identity Verification services are quickly becoming the cornerstone of NGO-related activities acr...
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Blog
The Complete Guide | Transaction Monitoring for Financial Institutions
With technological advancement, financial criminals have also been given a wider range of tools a...
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Blog
Know Your Investor (KYI) – Identifying and Eliminating Russian Sanctions Evaders
For quite some time, wealthy Russian businessmen and oligarchs have been investing their money in...
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Blog, Financial Crime / AML, Reg Tech
AML Checks: An Emerging Frontier in RegTech Revolution
The Anti Money Laundering (AML) landscape has been around since the signing of BSA (Bank Secrecy ...
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Blog
What To Consider When Implementing Forensic Document Verification Services
As the demand for digital products and services has skyrocketed, so does the need for verificatio...
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NFC Verification – Making Digital Payments Mainstream from Alternative
With time, payment methods have evolved from coins to paper-based money, then plastic, and now sm...
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ID Verification for Ultimate Subscription Fraud Prevention
Cellular phones were first introduced in the consumer market in 1973 when Motorolla first introdu...
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Risk Assessment: Building Trust Among Travellers
The travel and tourism industry is among the largest in the world. Many countries, such as the UA...
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Effectiveness of the UK’s Economic Crime Bill in Combating Financial Crime
The Russian invasion of Ukraine has resulted in a surge in financial crimes in the UK as Russian ...
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Blog
Address Verification: The Cornerstone of Elevating Customer Experience
Today’s highly emerging technology is changing the way consumers shop online products. Given the ...
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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...
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Blog
Japan’s AML/CFT Assessment – August 2021 Report
Financial crime is soaring sky high with digitisation becoming a part of our daily lives. Cyber a...
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Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC
Winter is Coming: With a Storm of KYC and AML Regulations
The ever-evolving regulations are creating challenges and complexities for the financial institut...
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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
Mobile Payments – Way of the Future or a Fad of the Digital Age?
Are we moving towards a world where retailers may one day say “We don’t take cash”? As mobile pay...
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Risk Assessment and Management | Why do Businesses need it?
B2B partnership always carries risks that must be managed whilst staying compliant. Business part...
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Blog
Facial Recognition Technology Pioneered at Olympic and Paralympic Games Tokyo 2020
Facial recognition has grown by leaps and bounds with the arrival of the sophisticated pattern-ma...
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Blog
Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention
Before the world experienced digitisation due to the advent of smartphones, fast-speed internet, ...
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Anti Money Laundering, Blog
How is Libra’s Launch Changing the Cryptocurrency Landscape?
Libra will have to go the extra mile to prove itself worthy of global acclaim that it aims to ach...
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Blog
Evolution of Digital Payments and Prevailing Crimes – How Shufti’s AML Screening Can Help
With emerging technologies, the digital payments trend is rising, and users are executing frictio...
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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
Age verification regulations demanding better compliance from businesses
“Youth is the hope of our future.” Jose Rizal
It is no secret that the youth is a valuable asse...
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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
KYC and AML: The Key to Secure BNPL Services in 2023
Seems like Buy Now Pay Later (BNPL) services have taken the world by storm, with 360 million user...
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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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Blog, Financial Crime / AML
AML Rules for Virtual Currency and Legal Sector – FATF 2019
Financial Action Task Force (FATF) is an inter-governmental regulatory authority. It was founded ...
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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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Blog
Know Your Customer – Addressing the Risks of Financial Crimes in Challenger Banks
With emerging technologies, financial services are witnessing a digital revolution that is changi...
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Blog
KYC & AML Regulations in the UK: An Ultimate Guide
Financial crimes have been around since the invention of money. Some argue that their origins are...
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Blog
Shufti’s Growth Skyrockets Above 100% in the Fiscal Year 2020
In 2020, Shufti witnessed a remarkable growth of over 100%. Together with this, it can comfor...
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Blog
A Detailed Insight Into Canadian Gambling Industry [2022 Update]
Even though Canada is not among the world’s gambling capitals, this business thrives there. The c...
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Blog
Addressing Business Challenges Using OCR Scanner
OCR text recognition is similar to how humans process and store information through reading. The ...
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Blog
e-IDV | Electronic Verification Checks For Ultimate Fraud Prevention
The first paper-based photo identity document was in May 1876, developed by William Notman for th...
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Blog
Money laundering and UAE’s KYC/AML Regulatory Regime [2022 Update]
The United Arab Emirates (UAE) has become the world’s most exotic and well-reputable financial hu...
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Blog, Identity & KYC
How ID Verification via OCR can transform Digital World?
ID verification is hailed as the ultimate savior for businesses operating multiple digital channe...
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Blog
Secure the Fintech Future with RegTech
Financial Technology (Fintech) refers to the use of technological advancements in the financial i...
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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
Money Laundering Through Cryptocurrency: Red Flags and AML Risks
As the use of virtual assets becomes widespread, crypto firms have a major dilemma to deal with &...
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Blog
Know Your Investor (KYI) – Identifying and Eliminating Russian Sanctions Evaders
For quite some time, wealthy Russian businessmen and oligarchs have been investing their money in...
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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...
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Blog
China’s Data Protection and Privacy Laws | 2023 Update
China has witnessed massive growth in the last few decades. However, the rise of the digital econ...
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Blog
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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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
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
The Real Cost of Convenience: Securing
E-Commerce in the Age of Instant Gratification
In just a few years, E-commerce has transitioned from a simple, modern convenience to the backbon...
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Blog
Top 6 Practises For Your Business To Pinpoint Key Risk Areas
As global industries continue to evolve and digitise, customer risk assessment has become a criti...
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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
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
Know Your Investor | Understanding Which Investors to Onboard
Investor onboarding is regarded as one of the most critical stages of the business’s lifecy...
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Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC
AML Compliance in EU Member States and Risks of Businesses
Making regulations is just the first step, the true game starts when it comes to implementation, ...
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Blog
Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering
As the world continues on a path of digitization, business operations persist to undergo signific...
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Blog
The Rising Concern of Financial Crimes in the Metaverse – AML Screening as a Solution
The digital world is evolving at a greater pace than ever before. The Metaverse is considered a d...
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Blog
Forensic Document Verification Solutions – A Key Step in Eliminating Identity Fraud
With emerging technologies, the demand for online services and products is skyrocketing, raising ...
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Blog
Optical Character Recognition (OCR) – Powering Shufti’s Document Verification
Trust is a key factor when it comes to doing business or getting financial services from banks. A...
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Blog
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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Blog
The Top 10 Benefits of the Know Your Customer Lifecycle
In this digital age, where transactions occur remotely and identity theft is rising, establishing...
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Blog
Gold Industry and Prevailing Financial Crimes – How Shufti’s AML Screening Can Help
Using gold for financial crimes has a long history and in many countries, jewellery is not only c...
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Blog
Combatting Fraud in the Automotive Industry
Fraud is a growing concern for many industries and the automotive industry is no exception. In 20...
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Blog, Identity & KYC
4 Reasons Why Brokerage Firms Need ID Verification?
According to Steve Grobman, Chief Technology Officer for McAfee, “The digital world has transform...
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Blog, Reg Tech
3 Reasons why RegTech is the Future of Innovation?
Regulatory Technologies, commonly referred to as RegTech, is an innovative use case of Financial ...
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Blog
Know Your Patient – Eliminating Fraud and Crime in the Healthcare Sector
The digital transformation has reached the healthcare sector with new remote onboarding options f...
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Blog
Spreading Holiday Cheer with a Heartfelt Donation to Crisis UK
As the holiday season approaches, we often reflect on how we can give back to our communities. Th...
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Blog
Securing Business Operations with Address Verification in 2024
A key component of enhancing customer service and reducing fraud is gathering and validating addr...
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Blog
Shufti Beyond Borders – Customer Experience That Drives Results
About Stanton Brooks
Stanton Brooks is a global customer experience (CX) leader specializing in d...
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Blog
Build Trust and Secure Online Dating Platforms with Identity Verification Solutions
Online dating scams, such as the one filmed in the recent Netflix Original documentary “ The Tind...
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Blog
COVID Certificate Verification – Mounting Cases of Worldwide COVID-19 Fraud
Where the coronavirus pandemic has been all about social safety protocols and vaccine distributio...
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Blog
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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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
Facial Recognition: Worries About the Use of Synthetic Media
In 2019, 4.4 billion internet users were connected to the internet worldwide, a rise of 9% from l...
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