Blog, Reg Tech
Shufti GDPR Review 2018: How we protected our clients from regulatory fines?
Shufti stands out in KYC industry not only because of its highly customizable and global iden...
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Blog
Anti-Money Laundering (AML) Screening | Combat Online Gambling Scams Effectively
Online gambling has seen significant adoption in the past few years because of the convenience, v...
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E-Learning Platforms and Prevailing Crimes – How Shufti Can Help
The global pandemic is prompting a phenomenal increase in online service. From doing groceries to...
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Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties
For multinational businesses, reliance on external third-party vendors is crucial. However, failu...
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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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Strategic Evaluation and Elimination of Money Laundering in Real-Estate Sectors
The exchange of illicit money through real estate has been the most commonly encountered method o...
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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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The Ultimate Guide to Central Know Your Customer (CKYC)
Due to the increasing rates of financial fraud, keeping detailed data on each client is more impo...
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Biometric Identification revolutionizing the world in 2020
Every day we come face to face with new technology innovations that leave us awestruck. From the ...
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KYC Verification – Defeating Anonymity on Social Media Platforms
In the introductory phase, social media platforms were merely a small part of the internet where ...
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Money Laundering Spikes High in the Gulf Region – What’s Next?
Given the rapid increase in FinCrime, the Gulf region is now working day in and day out to impose...
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Mounting Cases of Money Laundering through Digital Currencies in 2021
Even though cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are increasing rapidly, yet the...
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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, Identity & KYC
7 Ways to Protect Your Children from Identity Theft
Living in the digital world, the word “Identity theft” makes us more than a little nervous. Knowi...
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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...
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Blog, Identity & KYC
Cybercrimes Rise 5 times in 4 years and Continue to Soar!
A rapid stride in the tech world over the years has increased cybercrimes immensely. According t...
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Blog, Identity & KYC
7 Ways to Protect Your Children from Identity Theft
Living in the digital world, the word “Identity theft” makes us more than a little nervous. Knowi...
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Pension Fund Fraud and the Role of Employee Identity Verification
Old age is the scariest phase of life for everyone and organisations find it a big challenge to c...
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e-IDV | Combatting Fraud in a Remote World
Know Your Customer (KYC) is a method to identify and verify clients’ true identities and re...
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Blog
Shufti’s Address Verification Service – A Key Step in Digital Identity Verification
The rapidly developing technology of today is altering how consumers browse for things online. Th...
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Blog, Online Marketplace
Why age verification matters to online businesses?
Identity verification services are fast becoming a business norm for companies that are enthusias...
Blog
Pandora Papers Pushing Global Authorities to Bridge Regulatory Gaps
The Pandora Papers have made headlines for not only exposing offshore dealings of the rich but al...
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Safeguarding the Art Market with Shufti’s AML Screening Solution
Non-fungible tokens (NFTs), blockchain-powered title deeds tied to a virtual or physical asset, h...
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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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Which KYC Solution is Right for Your Business?
KYC solutions are vital for assessing consumer risk and a legal necessity for complying with Anti...
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Understanding eKYC | The Benefits, Processes & 2024 Forecast
Governments worldwide require firms, such as financial institutions, to know who their customers ...
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What You Need to Know About Switzerland’s Crypto AML Rules by FINMA
Switzerland is historically famous for being a global hub for gold. However, the new digital gold...
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A Detailed Insight into the Best Practices for Digital Currency Providers
The world has seen an overwhelming rate of development in the cryptocurrency sector with Centrali...
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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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Mobile Banking Adoption and the Rising Fraud Concerns Worldwide
People have been repeatedly talking about the COVID-driven digital “transformation” in the bankin...
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Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping
The proliferation of online stores has radically transformed how people shop and greatly affected...
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Biometric Authentication: Use Cases and Advantages
What is Biometric Authentication?
Biometric authentication refers to the process of using unique ...
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AML Compliance – Addressing the Threat of Money Laundering in NFT Marketplaces
The NFT marketplace is flourishing even though the top platforms do not always comply with Anti-M...
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Blog
Enhanced Due Diligence: Identifying High-Risk Customers in the Banking Sector
The digitisation of our world and economies have introduced greater ease and efficiency to our pr...
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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...
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Blog, Identity & KYC
User as Owner: Why KYC Software Needs to Respect Privacy Laws?
User as Owner is a simplistic concept that stipulates that all the data of any user collected by ...
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Crypto Regulations 2021 – The Updated Compliance Regime in France
Within the last two years, France’ cryptocurrency landscape has experienced significant milestone...
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Corporate Transparency Act – The Road to Better AML Compliance
According to the latest reports, the United States ranked number 1 for not complying with the ant...
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Facial Recognition Kiosks: A Modern Innovation in the Food Industry?
Background of Technological Advancement
Technology is regarded as a new way of thinking or doing ...
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Identity Verification with Liveness Detection: The Key to Preventing Spoofing Attacks
Spoofing attacks are not limited to just emails and fake websites. Hackers and cybercriminals hav...
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Electronic Identity Verification | Forecasts and Predictions
Identities change as the world goes more digital. As more activities, like banking, socialising, ...
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Blog
The Ultimate Guide to Central Know Your Customer (CKYC)
Due to the increasing rates of financial fraud, keeping detailed data on each client is more impo...
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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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OCR Vs. ICR: The Key Differences that Businesses Need to Know
Financial institutions need to have reliable and efficient data management. With such a system, t...
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Know your patient process explained [Under the GPhC’s guideline]
How to make sure that the patient qualifies for purchasing a restricted medicine?
Or
Someone re...
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5 Key Questions About KYC Compliance to Look Out for in 2021
With the COVID-19 pandemic bringing challenges every day for businesses, the rate of identity fra...
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Biometrics identity verification system – a masterstroke in verification market
The biometrics identity verification system determines the resemblance of an individual by compar...
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Age Verification Laws and Regulations Worldwide
The world has become increasingly digital, making it easier to access age-restricted products, se...
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Protecting eCommerce Platforms and Mitigating Crime Risks with Shufti’s IDV Solution
The term e-commerce was tossed back in the 1960s, with the rise of electronic commerce in which t...
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4 Industries Where OCR Technology Can Work Wonders
Today, online businesses need to meet the constantly evolving customer needs to survive market co...
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7 Best KYC and Fraud Prevention Tips for Online Businesses
With the explosion of internet and web applications, the online interaction between consumers and...
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Role of Enhanced Due Diligence in Combating Money Laundering
Enhanced Due Diligence (EDD) is an advanced and refined version of KYC due diligence process that...
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How to Design an Effective Client Lifecycle Management (CLM) System with ID Verification
The customer journey with a business is very comprehensive. It does not end once the customer is ...
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Transaction Monitoring in 2023 | A Comprehensive Guide
Scammers are searching for businesses to exploit, and financial firms with loopholes provide them...
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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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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...
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Embedding online identity verification methods for enterprise security
The internet knows a lot about us now. And businesses are using this information to verify our di...
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Biometric Technology, Blog, Online Marketplace
Face Verification Becoming Vital For Travel Industry
Over the past few years, biometric technology has become increasingly mainstream. This is due in ...
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Blog
Video-KYC – The ‘New Normal’ for Digital Customer Verification
The KYC requirements all over the world are getting stringent. ID document verification is a norm...
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Blog, Identity & KYC
Know Your Patient: Anti-Fraud Pill for Healthcare Industry
Know Your Patient: The healthcare industry is more prone to data breaches than any other industry...
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Blog, Identity & KYC
Geolocation Technology and its benefits for KYC Verification
KYC verification has come a long way from simply authenticating the official identity documents o...
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Blog
Shufti’s Secret to Acquiring 92% End-User Satisfaction Rate
Shufti, the global identity verification service provider, started from humble beginnings wit...
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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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Transforming the KYC Experience Using Automated Document Verification Checks
In 2021, reported fraud losses were $5.8 billion, a more than 70% rise in a single year. As ident...
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Talent Acquisition Fraud – Hiring Legitimate Candidates with Identity Verification
Along with the rise in virtual and remote work, the number of cases of recruitment fraud is incre...
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Online Marketplaces and Increasing Crimes – How Shufti KYC Solution Can Help
With technological advancements and emerging innovations, online marketplaces have been digitized...
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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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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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KYC and AML Compliance – Addressing the Challenge of Money Laundering in Online Trading Platforms
An online trading platform is a program where shareholders and traders deal through financial int...
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KYC, KYB & KYT Tying the Loops for Identity Verification
Digital fraudulent activities are rising with every passing day, businesses are adopting reactive...
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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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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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