Blog
The Vital Role of AML Compliance for P2P Lending
Archiac banking traditions saw loan applicants held in suspense, waiting for lengthy periods of t...
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Blog, Financial Crime / AML, Identity & KYC
5AMLD: Implications for Cryptocurrency
What is 5AMLD?
As part of the Action Plan against terrorism, the 5th Anti-Money Laundering Direct...
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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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Biometric Technology, Blog
4 Reasons why Facial Recognition is Better at Biometric Verification than Fingerprint Scans
Biometric verification is smartphones was introduced nearly five years ago when iPhone launched i...
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Blog
Top 6 Reasons Why RegTech Will Improve AML Compliance
Global fines imposed to deter money laundering increased by 50% in 2022, alarming businesses tha...
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Blog
Blockchain and NFTs – Setting New Standards for Cybersecurity and Identity Management
Non-fungible tokens (NFTs) are an evolution over the emerging concept of cryptocurrencies. As fin...
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Blog, Identity & KYC
ICOs and KYC Compliance
With the surge in digitalisation of payments and crowdfunding; the need to set proper standards f...
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Blog
10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA)
One of the prime concerns of businesses today is detecting and mitigating the risk of fraud. This...
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Blog
KYC Outsourcing vs. In-House Systems – What Should Businesses Opt For?
KYC requirements for financial institutions throughout the world come with a basic need for imple...
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Blog
Cross-Border KYC Compliance | Understanding and Overcoming the Challenges
To handle money laundering incidents and rising regulatory pressure, the banking industry benefit...
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Blog
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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Blog
Shufti Celebrates 5 Years of Innovation in the IDV Industry
October 2022 marks Shufti’s 5th anniversary – five successful years of building trust globall...
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Blog
10 High-Risk Jurisdictions for Money Laundering According to FATF
Innovations like stablecoins and non-fungible tokens (NFTs) created quite the hype in the past ye...
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Blog
AML Compliance – Mitigating Financial Crime Risks in the Payments Industry
After the Covid-19 pandemic gave rise to the digital payments trend, the world has seen rapid gro...
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Blog
AML Compliance – Eliminating Financial Crimes in FinTech Firms
The FinTech industry is growing rapidly across various sectors with investments and large-scale a...
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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...
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Blog
How identity verification can help prevent Medical Identity Theft?
Digitization is reshaping the future of healthcare. With the healthcare industry, having more res...
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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
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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Blog
6 Ways Identity Verification Will Unlock Digital Transformation in Airlines
Airlines were particularly negatively impacted by the Covid-19 pandemic, and the situation was fu...
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Blog
Identity Verification Services — Fueling the Demand for Safe Gaming Experience
Modern gaming is the most recent evolution of online games that has enchanted gamers across the g...
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Blog
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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Blog
The Role of Digital Identity in Business-Customer Relationship
Dealing with any business online have you ever wondered where this relationship would go? We all ...
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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
Japanese FSA to Beef Up AML Systems from Fiscal 2021
Growth in South Asia has far exceeded that in any other country over the past few years and digit...
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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...
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Blog
Know Your Donor – Securing NPOs and Charities Through KYD/AML Solution
Emerging technologies and growing digitization have increased financial crime risks in Non-Profit...
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Blog
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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Blog
The State of Money Laundering in The United States – How Shufti Can Help
The United States of America is among the first countries that took effective measures to fight f...
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Blog
Facial Recognition: A Technology for Online Businesses to Prevent Fraud
Today, biometric technology has traditionally established itself and has become an integral part ...
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Blog, Online Marketplace
How crucial is AML/CFT Compliance for Hong Kong based Businesses?
Hong Kong serves as financial hub of trade and financial industry especially due to its strategic...
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Blog
e-IDV: Improving Client Onboarding for Banks and FinTech
Individuals and business owners often face significant time constraints when visiting banks physi...
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Blog
6 in 10 Leaders Aren’t Ready for Deepfake Fraud Threats
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Blog
Money Laundering in the Real Estate Sector – How Shufti’s AML Services Help
Purchasing luxurious mansions is always an attractive way for money launderers to legitimize thei...
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Blog
The Crucial Role of Ongoing Monitoring in Risk Mitigation
The nature of a business-to-clientele relationship subjects organisations to significant risks. F...
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Blog, Fraud Prevention
Fraud Prevention through Secure Payment Processes
Here’s a question, why do people always say things like “the good days”? The fact is a number of...
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Blog
Top 7 COVID-19 Related Scams and Frauds to Look For in 2021
It has been more than a year since the COVID-19 pandemic took the world by storm. Where the globa...
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Blog
AML Compliance for the Crypto Sector – How VASPs Can Adhere to the Regulations
With cryptocurrencies gaining traction and entering the mainstream, financial regulators are asse...
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Blog
Open Banking Trends & the Vitality of Identity Verification
With rapid digitisation, open banking is becoming the new normal in the banking sector. Open bank...
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Blog
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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Blog
Identity verification for fair and free US elections amid COVID-19
US Elections 2020 is the talk of the town these days. But with COVID-19 pandemic going on how wil...
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Blog
AML Verification Services: Fighting Back Financial Crimes in 2023
The Covid-19 outbreak has increased reliance on eCommerce and digital banking — cultivating a lus...
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Blog
Marketing Firms embracing KYC Services for Better service Delivery
Browsing through your Facebook newsfeed and you come across one of ‘Those’ friends – “Hey P...
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Blog
4 Ways How Technology Can Simplify KYC and AML Workflow Management
While the terms AML and KYC are used interchangeably, there is a huge difference between the two....
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Blog
5 Ways How Online Age Verification Promises Growth for the Gaming Industry
The online gaming industry is booming since the last few years. Due to the pandemic, the trend fo...
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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...
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Blog
Age Verification: Comply with Global Regulations or Face Reputational Damages
In the digital age, businesses that operate online face a significant challenge when verifying th...
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Blog
Restricting Criminals from Exploiting Investment Industry with Shufti AML Screening Solution
Investing the accumulated capital of investors in financial securities is the primary task of inv...
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Blog
11 Common Mistakes End-Users Commit During KYC – Shufti
KYC identity verification is one big challenge for end-users. Your customers might be making a lo...
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Blog
Know Your Business (KYB) | Ensuring Financial Security
The Know Your Business solution standard verifies a company’s legal standing and confirms i...
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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
Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector
Banks are thought to be the most important part of the financial system, playing a vital role in ...
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Blog
Anti Money Laundering – What is AML compliance and why is it important?
Anti-money laundering compliance is vital for obliged entities and being conversant with AML comp...
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Blog
The Advantages of Know Your Business (KYB)
Know Your Business (KYB) policies are a recent innovation in the field of fraud prevention. Since...
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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...
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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
Top 10 Identity Verification Trends to Look Out for in 2022
Did you know identity fraud is growing at a faster than ever rate? Businesses across the globe ar...
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Blog
Know Your Donor (KYD) – Customer Due Diligence For Charities and NPOs
According to DoubleTheDonation, 45% of worldwide donors are enrolled in monthly donation programs...
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Blog
6 industry experts explain the role of KYC in cybersecurity
Cybersecurity is no more limited to firewalls and antiviruses. It is protecting your system, empl...
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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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Blog
How E-Commerce sites can prevent scams over Black Friday and Cyber Monday
For online businesses, customer authentication for internet payments is very crucial. An ever-inc...
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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
More Than 500 Customers Onboarded in 3 Years – Shufti Spills the Beans
Shufti Ltd. began operations in 2017 and within three years, the company has onboarded more t...
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Blog
Biometric Authentication is Smart but AI Makes it Smarter – Here is How
In the ongoing digital age security is a top priority concern of any organization. Data is a maj...
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Blog
A Brief Insight into Crypto Regulations in the Asia-Pacific Region
The Asia-Pacific region is one of the areas with the highest rate of crypto adoption. Considering...
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Blog
Top 10 FinTech Trends to Watch for in 2022
2021 was a game-changer for the FinTech sector as it has come up with innovative payment gateways...
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Blog
A Brief Overview of the RegTech Industry [2022 Update]
The rising financial crimes have raised concerns of global regulatory watchdogs giving rise to Re...
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Blog
Assessing the Importance of Digital Identity Verification in On-Demand Services
Dealing with the after-effects of the coronavirus pandemic, digital business platforms and e-comm...
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Blog, Identity & KYC
Which KYC Documents are Required for Customer Verification?
Name, Rank, Brigade, and Serial Number. That’s the only information military organizations across...
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Blog
Age Verification Service – How Businesses can Identify Underage Visitors in Real Time?
When it comes online retail, one has to know that in such an age of fast-moving technology and in...
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Blog
Online Identity Verification: 5 Trends to Expect in 2021
The boom in digitisation forced businesses to opt for digital means of operations. Online busines...
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Blog
Record-Breaking Fines on Banks for KYC/AML Non-Compliance
Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance have been structured to make ...
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