Blog
Digital Document verification – an efficacious method of ID card scanning
Businesses, banks, airports, social media platforms, e-commerce stores all need to be sure of the...
Explore More
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...
Explore More
Blog
The Importance of KYC and AML Compliance in the APAC Region
According to recent studies, over the past three years, more than ever, sanctions have been impos...
Explore More
Blog
10 factors shaping the identity verification industry in 2020
The identity verification industry is expected to grow steadily during the forecast period, reach...
Explore More
Blog, Fraud Prevention
Internet of Things: B2B IoT Segments about to hit $300 Billion by 2020
The Internet of Things is growing exponentially with respect to its usage and capabilities. A who...
Explore More
Blog
The Power of Robotic Process Automation in the Banking Industry
Entering into the fourth industrial revolution, business processes are shifted to the digital sph...
Explore More
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...
Explore More
Blog
4 Tips to avoid digital payment frauds
Due to the contingency caused by the rapid expansion of the Covid-19, online transactions have in...
Explore More
Blog
The Top Customer Onboarding Tips for Businesses
Today every business is competing to boost their retention rate and offer their audience a secure...
Explore More
Blog, Online Marketplace
KYC for Banks: Reducing financial risk with a perfect digital solution
The banking sector has to tread a very balanced path between compliance regulations and customer ...
Explore More
Blog, Identity & KYC
Identity Verification – Key to Eliminate BEC Fraud
Fraud prevention and cybersecurity are the major concerns of the companies in the digital era. No...
Explore More
Blog
Anti-Money Laundering Screening | Securing Digital Economies from Financial Crimes
The increased reliance on digital banking and the advent of virtual currencies in today’s d...
Explore More
Blog
The Shufti Difference: Speed, Security, and Fairness Without Compromise
With over 100 fraud and identity companies operating worldwide, you might assume that something l...
Explore More
Blog, Identity & KYC
Employees’ Digital Identity Verification for Remote Hiring
With the age of technological advancement, the world is becoming a heavily connected global villa...
Explore More
Blog
AML Compliance – Eliminating Financial Crimes in FinTech Firms
The FinTech industry is growing rapidly across various sectors with investments and large-scale a...
Explore More
Blog
AUSTRAC’s ML/TF Risk Assessment Report on Foreign Bank Branches [Part 3]
This blog makes the third chapter of our four-part series on AUSTRAC’s report on the Banking Sect...
Explore More
Blog
COVID-19 & Telehealth Fraud: Why ID Verification Is Necessary
From being a medical coverage option to becoming a medical necessity, the telehealth industry has...
Explore More
Blog
Synthetic Identity Fraud: Fake Identities for Criminal Activity
An increase in financial crime has been predicted by economic downturns during the previous two d...
Explore More
Blog
Top 10 Cybersecurity Trends for 2021
Cybersecurity in 2020 became the biggest challenge thanks to the COVID-19 pandemic. Global lockdo...
Explore More
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...
Explore More
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...
Explore More
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...
Explore More
Blog
5 Technology Trends To Disrupt Banking in 2020
Living in the digital era, technology is driving major changes in almost every industry. Whether ...
Explore More
Blog
Know Your Player | Onboard Verified Gamers and Scale Globally
In today’s digitised gaming world, player verification stands as a cornerstone for onboarding leg...
Explore More
Blog
5 Tech Upgrades That Can Revamp Your Customer Onboarding Process
When businesses brainstorm ways to scale, they generally think about focusing more on sales. Howe...
Explore More
Blog
ID Verification for Ultimate Subscription Fraud Prevention
Cellular phones were first introduced in the consumer market in 1973 when Motorolla first introdu...
Explore More
Blog
AI face recognition for total automation
Face recognition is everywhere but still we’re unable to say goodbye to document, maybe because w...
Explore More
Blog
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...
Explore More
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...
Explore More
Blog, Fraud Prevention
Identity Theft – One Fraud Multiple Facets
Identity theft is a global crime. All types of identities, including the financial, medical and b...
Explore More
Blog
California Privacy Rights Act – What Businesses Must Do to Comply
The California Privacy Rights Act (CPRA), also known as Proposition 24, was approved on November ...
Explore More
Blog
AML & KYC Compliance – 5 Ways AI is Supporting the Fight Against Financial Crimes
Reforming AML & KYC Compliance Structures for Financial Institutions
The capabilities ...
Explore More
Blog
Avoid Non-Compliance Fines with AML Transaction Monitoring
Cybercriminals in the realm of fraud and financial crime are constantly revising exploitation met...
Explore More
Blog
Rise of Money Laundering in UAE – How Financial Institutions Can Comply with New Regulations
The UAE certainly earned its spot in the top 10 global financial centers with unprecedented growt...
Explore More
Blog, Online Marketplace
ID Verification Ensuring Safety Deals in Real Estate Sector
Buying and selling properties for people are major, thought-provoking decisions. It requires week...
Explore More
Blog
AML Compliance in the Insurance Sector – Red Flags to Look Out For
The insurance sector commonly faces criminal activities like money laundering and terrorist finan...
Explore More
Blog
FATF’s June 2021 Plenary – Strategic and Country-specific Initiatives
The fourth plenary meeting of the Financial Action Task Force (FATF) took place from June 20-25 t...
Explore More
Blog
Antiquities Market – A Conduit of Money Laundering and Terror Financing
Money laundering and terror financing through art and antiquities has been a concern of regulator...
Explore More
Blog
Why KYC Solutions are becoming a norm in Cryptocurrency?
KYC Solutions provide a great opportunity for crypto exchanges and virtual currency enthusiasts t...
Explore More
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...
Explore More
Blog, Financial Crime / AML
Global AML Regimes – Tightening Reins on Money Launderers
Money laundering is a global menace. Money laundering and terrorist financing are the major targe...
Explore More
Blog
OCR Reader | How Does it Streamline the IDV Process?
The unprecedented growth in business automation has created a competitive market where businesses...
Explore More
Blog
Deepfakes: AI Fraud Attacks Require Even Smarter AI Countermeasures. Now.
Verifying identities with advanced biometrics was already a challenge—then along came AI-generate...
Explore More
Blog
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...
Explore More
Blog
Top 13 Cybersecurity Predictions for 2020
Cybersecurity threats are ostensibly ubiquitous in this internetworking infrastructure. Internet-...
Explore More
Blog
Impact of Beneficial Ownership Transparency on Real Estate Crimes
The high price tags of real estate in the US open doors for corrupt politicians, kleptocrats, and...
Explore More
Blog
AML in Real Estate – Combating Property Scams at the Forefront
Real estate is deemed to be a profitable and safe business to invest in thanks to its ever-growin...
Explore More
Blog
Building Trust in Health and Telemedicine Services With Shufti’s Facial Biometric Verification Solution
Telecommunication technology in the healthcare industry is already widely used and is expanding t...
Explore More
Blog
Is NFC Really the Future? The Mystery Solved!
We arguably live in a world that is now dependent on technology. From online payments to online e...
Explore More
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...
Explore More
Blog
Integrated Compliance Management – Mitigating the Regulatory Risks
Businesses operating in the financial sector often face organizational and compliance challenges....
Explore More
Blog
Anti-Money Laundering (AML) Solutions – Securing Luxury Goods and Curbing Financial Crimes
Exotic cars, designer clothes, artifacts, and private jets make attractive news headlines and mov...
Explore More
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...
Explore More
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...
Explore More
Blog, Online Marketplace
Social Media and Identity Theft Frauds
Imagine this: You get up in the morning and like most people; check your email. There you have an...
Explore More
Blog
How Can 2-Factor Authentication Protect Customers Against Fraud?
Need for Customer Authentication Mechanisms
Since the existence of humanity, new innovations and ...
Explore More
Blog
Disruptive Fintech Trends 2020
Fintech has changed the way consumers access their finances. From mobile payment apps to insuranc...
Explore More
Blog
The Case Against Cryptocurrencies: Where is it Banned & What’s Causing the Crackdown?
Cryptocurrencies have long been viewed as the core of illicit activities by numerous governments ...
Explore More
Blog
How Artificial Intelligence is taking ID verification to the next level?
Identity theft is deemed as a growing problem. Particularly with the increase in online shopping,...
Explore More
Blog
NFTs and Surging Crimes – How Shufti’s AML/KYC Solution Can Secure The Digital Ecosystem
Non-Fungible Tokens (NFTs) are by far one of the most popular topics right now. Artist Mike Winke...
Explore More
Blog
How to Protect Yourself From Cyber Crime in the Holiday Season?
Most people around the world do the majority of their shopping during the holiday season. Accordi...
Explore More
Blog
Establishing trust in Open Banking through Identity Verification
Over the last few years, open banking is becoming an emanated global trend. This rising trend is ...
Explore More
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 ...
Explore More
Blog
Antiquities Market – A Conduit of Money Laundering and Terror Financing
Money laundering and terror financing through art and antiquities has been a concern of regulator...
Explore More
Blog
Top 5 Technologies Disrupting the Healthcare Sector
Within the next five years, experts are anticipating major technological disruption in the 808 bi...
Explore More
Blog
Lithuania’s AML Regulations – How the EU’s FinTech Hub Prevents Financial Crime
Emerging FinTech firms around the world spend almost one-third of their overall budgets on develo...
Explore More
Blog
Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution
Modern gaming is the most recent evolution of this industry that has become the attraction of glo...
Explore More
Blog
AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2]
Australia is an important member of the Financial Action Task Force and plays a substantial role ...
Explore More
Blog
Risk Assessment and Management | Why do Businesses need it?
B2B partnership always carries risks that must be managed whilst staying compliant. Business part...
Explore More
Blog
Brexit to Change Sanction and Money Laundering Regulations in 2021
In 2016, the United Kingdom decided to part ways with the European Union (EU). After its preparat...
Explore More
Blog
The Most Frequently Asked Questions About Perpetual KYC
Maintaining the accuracy of customer data presents a considerable challenge. Automating it has tr...
Explore More
Blog, Identity & KYC
Identity Verification – Key to Eliminate BEC Fraud
Fraud prevention and cybersecurity are the major concerns of the companies in the digital era. No...
Explore More