Blog
A 2024 Overview of Identity Document Forgery
As technologies like artificial intelligence and machine learning have advanced, they have signif...
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Blog, Financial Crime / AML
FSA demands greater AML Compliance from Japanese Crypto Exchanges
In a recent move, Financial Services Agency (FSA), the Japanese Financial regulator, has demanded...
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Blog
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
Uncovering 5 Holiday Season Scams and How to Avoid them this Year
‘Tis the season when the best deals of the year are attracting customers towards online shopping ...
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Blog
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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Blog
What to expect from Booming Identity Verification Market in 2020?
Technologies hatched by fourth industrial revolution such as the Internet of Things (IoT), roboti...
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Blog
A Guide to Anti-Money Laundering (AML) Regulations in the UAE
As the Middle East’s financial hub, the UAE offers several enticing free trade zones that a...
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Blog
Identity Fraud and Risk Assessment: An Ultimate Guide for 2023
Customer onboarding and business relationships always come with associated risks that must be han...
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Blog
2 Factor Authentication: Businesses’ Secret Weapon Against Cybercriminals
Passwords continue to be a low-hanging fruit for cybercriminals.
Approximately 15 million record...
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Blog
KYC and AML For Fintech | A Comprehensive Guide to Fraud Prevention
Since governments worldwide are increasing the pressure to regulate, compliance has become a key ...
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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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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
Regulatory Compliance | The Importance of Age Verification on Betting Sites
Online betting sites and gambling platforms frequently face significant challenges in adhering to...
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Blog, Identity & KYC
4 Ways KYC Banking Regulations are Shaping the Future
Know Your Customer (KYC) regulations are vital for the banking system. Money laundering, depositi...
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Blog
AML & KYC Compliance – 5 Ways AI is Supporting the Fight Against Financial Crimes
Reforming AML & KYC Compliance Structures for Financial Institutions
The capabilities ...
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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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Blog
5 Ways how IDV Provides an Active Defense Against Fincrime
Identity theft, account takeovers, and data breaches… The world has seen enough cybercrime ...
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Blog
AML Compliance and Digital Banks – Understanding the Evolving Regulatory Landscape
The emergence of new technologies in FinTech, increasing use of digital currencies, and alternati...
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Blog
Forex Market – Are there Enough KYC/AML Regulations to Keep Perpetrators at Bay?
Regulatory pressure, hefty penalties and increasing criminal instances are some risks associated ...
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Blog
An Insight into Money Laundering Through the UAE’s Gold Industry
Since the beginning of time, gold has been considered a medium for payment and trading with its e...
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Blog
A Go-To Guide to Proof of Address Verification in 2024
Customer identity verification is significant in today’s digital world – from buying produc...
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Blog
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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Blog
Curbing Financial Crimes and Securing Art Market With Shufti’s AML Screening Services
The global art industry is embracing digitization. However, the technological advancements and a ...
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Blog
Anti-Money Laundering Screening – Enabling Financial Institutions to Handle Suspicious Activities
Financial crime is becoming a global concern, yet it’s often tough to spot. That is why gov...
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Blog
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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Blog
3 ways to protect your organizations from coronavirus cyber security threat
Due to the spread of the coronavirus, the world adapts to new ways of working. Cyber criminals ...
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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
Merchant Onboarding – Evaluating the Best Practices to Onboard Risk-free Partners
Partnering with the right people who can actually help your business grow is quite a tedious task...
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Blog
Fraud Detection, Compliance, and ID Verification Solution to Secure the Telecom Industry
The telecommunication industry has played a crucial role in global digitization, innovation, and ...
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Blog
KYC Verification Process – 3 Steps to Know Your Customer Compliance
Since the turn of the century, we’ve been propelled into a technological revolution. As digital i...
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Blog
Telehealth Services and Sophisticated Crimes – How Shufti Can Help Health Centers
The speed of innovation has never been faster. Re-emerging from a global pandemic, busi...
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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
European Payments Initiative Calling for IDV Solutions
The rise in the popularity of Visa and Mastercard in Europe, both US-headquartered companies, was...
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Blog
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
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
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
The Crucial Role of Face Liveness Check in Fintech
Fintech firms lose approximately $51 million to scams annually. However, the cost of fintech frau...
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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
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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Blog
Trade based money laundering – Challenges, detection and prevention
Back in 2006, Financial Action Task Force (FATF) emphasised on new measures and strategies for ba...
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Blog
Video KYC Onboarding: Fintechs meeting KYC compliance with video identifications
The Financial industry is introducing a digital revolution globally. The term Fintech corresponds...
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Blog
Biometric Authentication Technology – Everything you Need to Know
Nowadays businesses are looking for more secure systems for the sole reason of customer authentic...
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Blog
The State of Fraud Detection & Prevention in 2024 | Ready, Set, Fraud
Since the dawn of the internet in the 90s, we’ve witnessed multiple phases of digital revolution....
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Blog, Reg Tech
How does CDD effectively help with AML Compliance?
CDD or customer due diligence in the banking sector and other financial firms is an important asp...
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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
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, 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, Business Technology, Fraud Prevention
How Identity Theft Protection Can Increase Your Profit!
Identity theft protection is something that is not only a concern for ordinary users anymore. Bus...
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Blog, Identity & KYC
What are the Different Types and Solutions of ID Verification?
Customer identification is not an option for some businesses, it’s a must. Ignoring due diligence...
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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
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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Blog
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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Blog
Know Your Investor (KYI) – Onboarding the Right Investors for Your Business
In today’s tech-driven world, financial operations are being transformed by emerging digital solu...
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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
4 WAYS AI is Shaping KYC and AML Compliance for Businesses
The role of Artificial Intelligence (AI) is rapidly increasing in businesses and the emergence of...
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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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Biometric Technology, Blog
Biometric identification Analysis and Facial Recognition Technology
Identity verification services might have been the most innovative and effective way to cut down ...
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Blog
Future Prediction of Identity Verification for Businesses
Ensuring a user’s real identification has become crucial in the age of digitisation. Busine...
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Blog
Risk Assessment – Building Trust in Financial Institutions
For financial institutions to hold onto their customers, they must build and conserve advanced le...
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Blog
CDD in Real Estate Sector – How to Comply With Updated Regulations
When it comes to investing funds, real estate is considered the safest sector to invest in becaus...
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Blog
Keeping AI Bias Out of the IDV Game with Shufti
Consider this: 85% of financial institutions today use some form of AI in their products. The tec...
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Blog
Intelligent Character Recognition (ICR) Software – One step ahead of OCR
What is ICR?
Intelligent Character Recognition (ICR) is an extended technology of Optical...
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Blog
Vendor due diligence – Why it’s important and how it’s done?
In today’s ever-changing corporate landscape, businesses are always looking for ways to make thei...
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Blog
Securing Business Operations with Risk Assessment
The increasing connectivity and dependence of the world on technology have led to a rise in sophi...
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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
A Detailed Insight Into Australia’s Gaming and Gambling Regulations
In recent years, the online gaming and gambling industry has experienced significant growth as te...
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Blog, Identity & KYC
Identity Proofing – Prevention from Data Breaches
World economic forum states that Cyberattack is mapped as one of the top threats to global stabil...
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Blog
Transaction Monitoring – Establishing A Defense Mechanism Against Financial Crime
With the rapid increase in the global volume of monetary transactions, money laundering methods a...
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Blog
Facial Recognition KYC Services | Helping Businesses Fight Fraud with Unparalleled Biometric Checks
The AI revolution has enabled businesses to leverage the power of technology in KYC verification....
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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
Anti-Money Laundering Compliance for Crypto Exchanges [2021 Update]
Anti-Money Laundering compliance solutions are gaining popularity in all corners of the world. Un...
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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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