The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    216.73.216.113

    Ride Sharing Services and ease provided by KYC Services

    ride sharing kyc aml shufti

    Ride Sharing services might be the hottest form of transportation especially in developed countries but without utilising reliable KYC services, they tend to offer much more danger as compared to comfort to their customers. Highly popular among professionals and younger generation, Ride Sharing services have a lot to benefit from KYC services not only to cut down on losses incurred by identity thefts but they can also rid their service from any driver with a criminal past.

    Ride Sharing services are quickly becoming a cost effective alternative to the traditional car services. Conventional means of transport like taxis have fallen in popularity partly because of the ease of use provided by ridesharing services to their customers as compared to regular vehicles for hire. These ride services offer instantaneous confirmation of ride requests, less-expensive rates, and typically a newer and more varied “fleet” of cars made possible by a list of drivers that are working for extra-salary or are not under regular structure of payroll from ride sharing service.

    Despite having a popular appeal, ride sharing services are often criticized because of their non-regulated operations and less than casual approach towards their contracted drivers. That is why complaints of misbehavior and unprofessionalism are also heard frequently when it comes to ride sharing services. KYC services seems to have a perfect solution for these complaints.

    KYC Services for Ride Sharing services

    Ride Sharing services like Uber and many others with similar business model also have a lot to benefit from Digital KYC services. These services will not only help to safeguard company’s interest for customer onboarding process but the captains and drivers of the rides can also be verified against their provided credentials and documents. This will add an additional layer of security to ensure customer trust and credibility towards the ride sharing service.

    Ride Sharing services can choose patented technology of Shufti to authenticate driver’s licenses. As part of the verification process, Shufti extracts biometric and alphanumeric data from IDs and applies Artificial Intelligence to authentic  the credential instantly. Ride sharing service will be able to also perform facial recognition match to validate users. Facial recognition feature of an authenticated product like Shufti is as easy as taking a selfie and comparing it to biometric data contained in the government-issued ID. Results are given in seconds, comparing the face biometrics of a selfie to the image on the ID and include a liveness detection test to prevent fraudsters from using static images by ensuring that a live person is in front of the camera.

    Why Shufti?

    Shufti should be an ideal choice for ride sharing companies looking for a reliable KYC services provider. ID Verification services offered by Shufti are available in every country of the world and can verify documents in every language of the world. It means that whether a ride sharing service has business operations spread over a specific country, region or entire globe, Shufti will be of full assistance to its customers, providing flawless digital KYC services. Expansion into a new territory or region with entirely different language or design of official documents will not be an issue with Shufti. ID verification services of Shufti are easily integratable with pre-existing online systems, android or iOS apps and web applications. It means that no new modifications has to be done in the online system of ride sharing service that wishes to bring Shufti onboard for AI powered KYC services.

    Recommended For You:

    Related Posts

    Blog

    5 Ways How AI Is Uprooting Recruitment Industry

    Artificial Intelligence is strengthening its position in many industries and the recruitment indu...

    5 Ways How AI Is Uprooting Recruitment Industry Explore More

    Blog

    Risk Assessment – Building Trust in Financial Institutions

    For financial institutions to hold onto their customers, they must build and conserve advanced le...

    Risk Assessment – Building Trust in Financial Institutions Explore More

    Blog

    Biometric Authentication: The Importance, Use Cases & Myths

    Today’s business owners rank security among the highest priorities. As hackers continue to ...

    Biometric Authentication: The Importance, Use Cases & Myths Explore More

    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 ...

    Forex Market – Are there Enough KYC/AML Regulations to Keep Perpetrators at Bay? Explore More

    Blog

    Video KYC: Taking Traditional KYC to the Next Level

    Know Your Customer (KYC) has undergone continuous evolution since its inception. Its purpose is t...

    Video KYC: Taking Traditional KYC to the Next Level Explore More

    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...

    11 Common Mistakes End-Users Commit During KYC – Shufti Explore More

    Blog

    AUSTRAC’s ML/TF Risk Assessment Report on Major Banks [Part 1]

    Back in September 2018, the Australian Government provided AUD 5.175 million funding to AUSTRAC f...

    AUSTRAC’s ML/TF Risk Assessment Report on Major Banks [Part 1] Explore More

    Blog, Online Marketplace

    Nordic Banks brace for Digital KYC with centralized Database

    Five major Nordic banks have formed a partnership to establish a company that will compile a cent...

    Nordic Banks brace for Digital KYC with centralized Database Explore More

    Blog, Online Marketplace

    Know Your Customer Verification for Charity Organisations

    They say no good deed goes unpunished, if we were to take a look at it literally the frauds that ...

    Know Your Customer Verification for Charity Organisations Explore More

    Blog

    Initial Exchange Offerings (IEOs) – A Detailed Insight

    The advent of the Crypto industry brought decentralized and innovative fundraising ways. One of t...

    Initial Exchange Offerings (IEOs) – A Detailed Insight Explore More

    Blog

    On-Premises Identity Verification – A Solution to Prevent Data Breaches

    From virtual modes of communication to digitised solutions for operating efficiently, the perks o...

    On-Premises Identity Verification – A Solution to Prevent Data Breaches Explore More

    Blog

    January 2023 Recap: Major Events Worldwide and How AML Verification Solution Can Help

    Noncompliance with Know your Customer and Anti Money Laundering (KYC) regulations continue to pla...

    January 2023 Recap: Major Events Worldwide and How AML Verification Solution Can Help Explore More

    Blog

    KYC Regulations Across the Globe | An Updated Guide 2023

     The global financial industry finds it hard to meet compliance and secure sensitive cus...

    KYC Regulations Across the Globe | An Updated Guide 2023 Explore More

    Blog

    Periodic to Perpetual KYC — The Changing Landscape in Banks

    The employment of effective Know Your Customer (KYC) procedures has long been a challenge for fin...

    Periodic to Perpetual KYC — The Changing Landscape in Banks Explore More

    Blog

    KYC Verification – The Significance of Identity Verification in the Telecom Industry

    Increasing smartphone usage throughout the world has accounted for large amounts of data being sh...

    KYC Verification – The Significance of Identity Verification in the Telecom Industry Explore More

    Blog

    E-commerce Frauds – Common types and Prevention tips

    What are some common e-commerce frauds and how can you prevent them? Is the buyer on your site an...

    E-commerce Frauds – Common types and Prevention tips Explore More

    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...

    Which KYC Documents are Required for Customer Verification? Explore More

    Blog

    12 Money Laundering Red Flags Finance Teams Must Watch in 2025

    The 2025 Threat Landscape Regulators levied US $4.6 billion in AML fines across 52 enforcement ac...

    12 Money Laundering Red Flags Finance Teams Must Watch in 2025 Explore More

    Blog

    FATF’s High-Risk Jurisdictions [2022 Update] – How Business Can Comply

    Paris-based global watchdog FATF (Financial Action Task Force) maintains lists of countries that ...

    FATF’s High-Risk Jurisdictions [2022 Update] – How Business Can Comply Explore More

    Blog, Business Technology

    How Blockchain is Making the World a Better Place

    Verify identity: The whole world lives online now. Yes, that’s an exaggeration but we are gradual...

    How Blockchain is Making the World a Better Place Explore More

    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 ...

    Record-Breaking Fines on Banks for KYC/AML Non-Compliance Explore More

    Anti Money Laundering, Blog, Financial Crime / AML

    Mastercard’s EFM Compliance – Another Reason to Invest in Verification

    The modern world is an era of technology. Moving into the fourth industrial revolution, digitizat...

    Mastercard’s EFM Compliance – Another Reason to Invest in Verification Explore More

    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...

    KYC Outsourcing vs. In-House Systems – What Should Businesses Opt For? Explore More

    Blog

    How Age Verification Protects the E-commerce Industry From Potential Risks

    Online shopping has become the new normal since the COVID-19 pandemic struck. With digital produc...

    How Age Verification Protects the E-commerce Industry From Potential Risks Explore More

    Blog

    Securing The Digital Landscape with Electronic Identity Verification Services

    With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...

    Securing The Digital Landscape with Electronic Identity Verification Services Explore More

    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...

    An Insight into Money Laundering Through the UAE’s Gold Industry Explore More

    Blog

    Brazil’s Updated Regulatory AML Guidelines for 2023

    Money laundering, corruption, and drug trafficking are prevalent issues in Brazil, the world’s se...

    Brazil’s Updated Regulatory AML Guidelines for 2023 Explore More

    Blog

    HKMA’s Risk Assessment Guidelines for AML/CFT Compliance in the Banking Sector

    In the past few years, global regulatory authorities have been laying new grounds for Anti-Money ...

    HKMA’s Risk Assessment Guidelines for AML/CFT Compliance in the Banking Sector Explore More

    Blog

    FATF’s Travel Rule: A New Dawn of Regulations for Virtual Asset Services

    Here at the start of 2021, there is much uncertainty regarding the coronavirus situation, whether...

    FATF’s Travel Rule: A New Dawn of Regulations for Virtual Asset Services Explore More

    Blog

    Top 6 trends in Anti-Money Laundering for 2020

    To enhance the scope of AML compliance, new regulations were brought into force throughout last y...

    Top 6 trends in Anti-Money Laundering for 2020 Explore More

    Blog, Identity & KYC

    KYC/AML Compliance in light of FinTRAC

    Witnessing the updated AML/CTF regime; the guidelines by FinTRAC regarding ID verification have b...

    KYC/AML Compliance in light of FinTRAC Explore More

    Blog

    From Crypto to Fiat Currency – Secure Exchanges with Transaction Monitoring Solutions

    Transaction processes today are launching innovative possibilities for users across the economic ...

    From Crypto to Fiat Currency – Secure Exchanges with Transaction Monitoring Solutions Explore More

    Blog

    Leveraging Age Assurance for Data Privacy and User Protection

    Online age verification has gained great attention in recent years since many minors have been se...

    Leveraging Age Assurance for Data Privacy and User Protection Explore More

    Blog, Identity & KYC

    Why You Need to Verify Identity Online

    5 Unusual Ways Stolen Identities Can be Used Online The need to verify identity in the digital sp...

    Why You Need to Verify Identity Online Explore More

    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 ...

    AML Checks: An Emerging Frontier in RegTech Revolution Explore More

    Blog

    Ensuring KYC/AML Compliance In Cryptocurrency Firms – The Role of Shufti

    With emerging technologies in the financial industry, cryptocurrency is picking up the pace, and ...

    Ensuring KYC/AML Compliance In Cryptocurrency Firms – The Role of Shufti Explore More

    Blog

    Cross Border Digital Payments – Regulatory Regime and the Global Context

    The world is moving towards smarter payments with technology trends picking up the pace in 2021. ...

    Cross Border Digital Payments – Regulatory Regime and the Global Context Explore More

    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...

    Enhanced Due Diligence: Identifying High-Risk Customers in the Banking Sector Explore More

    Blog

    Detecting & Preventing KYI Fraud | A Deep-Dive into 2023 Investment Scams

    Businesses need to bring on reliable partners and investors who can contribute to growth, provide...

    Detecting & Preventing KYI Fraud | A Deep-Dive into 2023 Investment Scams Explore More

    Blog

    NFC – Building New Grounds for Identity Verification

    Near Field Communication (NFC) is based on the famous RFID technology. In 2002, Nokia was the fir...

    NFC – Building New Grounds for Identity Verification Explore More

    Blog

    On-Premises vs Cloud Services – Two Sides of the Same Coin

    With the advent of technology, industries are streamlining all their processes and ensuring highe...

    On-Premises vs Cloud Services – Two Sides of the Same Coin Explore More

    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...

    KYC For Sharing Economy – Building a Safe & Trusted Environment that Retains Customers Explore More

    Blog

    May 2023 Recap: Major Security Breaches and Penalties

    May 2023 witnessed several security breaches wreaking havoc on the digital landscape. High-profil...

    May 2023 Recap: Major Security Breaches and Penalties Explore More

    Blog

    Securing Identities in the Age of AI with Facial Recognition Technology

    Although the digital revolution has brought us unprecedented levels of connectivity and comfort, ...

    Securing Identities in the Age of AI with Facial Recognition Technology Explore More

    Blog, Identity & KYC

    Why You Need To Know Your Buyer

    Online payments are fast replacing cash transactions with the top payment companies harboring 1bi...

    Why You Need To Know Your Buyer Explore More

    Blog

    The Most Common Cryptocurrency Scams and the Role of e-IDV

    Cybercrimes and scams are rampant across the digital space, and cryptocurrency is no different. W...

    The Most Common Cryptocurrency Scams and the Role of e-IDV Explore More

    Blog

    Post COVID-19 – What are the alternatives to fingerprint biometrics for identity verification?

    The way things are headed, there is no doubt about the fact that the world will be a different pl...

    Post COVID-19 – What are the alternatives to fingerprint biometrics for identity verification? Explore More

    Blog

    Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution

    Since knowledge-based authentication and passwords were first introduced, security systems in ban...

    Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution Explore More

    Blog

    Top 7 Trends Shaping the Future of Gambling Industry in 2023

    Amidst technological advancement and the changing regulatory landscape, the gaming sector demonst...

    Top 7 Trends Shaping the Future of Gambling Industry in 2023 Explore More

    Blog

    DoorDash Falls in the pit of Data Breach – Affects 4.9 Million Users

    Security breaches are increasing in number with every passing day. This keeps on happening. It wo...

    DoorDash Falls in the pit of Data Breach – Affects 4.9 Million Users Explore More

    Blog

    The Importance of Online Address Verification in E-Commerce

    The rise of digitisation has given hackers more means to surpass security systems and conduct hig...

    The Importance of Online Address Verification in E-Commerce Explore More

    Blog, Business Technology, Online Marketplace

    Asian Banks push for greater Fintech to cut down AML Compliance cost

    Asian Banks are now asking their regional and national regulators to allow more fintech in order ...

    Asian Banks push for greater Fintech to cut down AML Compliance cost Explore More

    Blog

    Understanding False Positives in AML Transaction Monitoring

    Financial institutions such as banks, neo-banks, insurance companies, investment companies, finte...

    Understanding False Positives in AML Transaction Monitoring 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...

    AML in Real Estate – Combating Property Scams at the Forefront Explore More

    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...

    Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity Explore More

    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...

    Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering Explore More

    Blog

    Cybersecurity vs User Experience – Knowing the Art of Balancing

    Several years of debate between cybersecurity and customer experience has driven most people craz...

    Cybersecurity vs User Experience – Knowing the Art of Balancing 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...

    Identity Verification – Key to Eliminate BEC Fraud Explore More

    Blog, Reg Tech

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free

    On June 26, 2018, the European Union landed the fourth AML directive that is targeted at combatin...

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free Explore More

    Blog

    Anti-Money Laundering Challenges Faced by the Fintech Industry

    Since the implementation of the bank Secrecy Act (BSA) in 1970, the United States government has ...

    Anti-Money Laundering Challenges Faced by the Fintech Industry Explore More

    Blog, Identity & KYC

    Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity

    Identity – ensures active participation of an individual in social, political and economic ...

    Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity 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...

    AI face recognition for total automation Explore More

    Blog

    Initial Art Offering – Everything you need to know about it

    Initial Art offering is an innovative way to support artists and their brilliant art without worr...

    Initial Art Offering – Everything you need to know about it Explore More

    Blog

    What Counts as Proof of Income? A Guide for Businesses That Need to Verify Financial Status

    Verifying a person’s income isn’t just about numbers, it’s about trust. Whether you’re approving ...

    What Counts as Proof of Income? A Guide for Businesses That Need to Verify Financial Status Explore More

    Blog

    Identity Verification – Safeguarding Pharmaceutical and Controlled Substance Sales

    With emerging technologies, the pharmaceutical industry has transformed significantly, and rapid ...

    Identity Verification – Safeguarding Pharmaceutical and Controlled Substance Sales Explore More

    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 ...

    AML Rules for Virtual Currency and Legal Sector  – FATF 2019 Explore More

    Blog

    e-IDV: The Key to Fraud Prevention in FinTech

    After years of enormous growth, investment in the fintech market declined in 2022. Susceptibility...

    e-IDV: The Key to Fraud Prevention in FinTech Explore More

    Blog

    The Emerging Threat of DeepFakes and the Role of Video KYC

    With technological advancement, cybercriminals are revising their strategies to commit fraud. Cri...

    The Emerging Threat of DeepFakes and the Role of Video KYC Explore More

    Blog

    KYC Verification – The Need for Customer Due Diligence in Co-Working Spaces

    The development of coworking platforms has led to a business transformation that brings security ...

    KYC Verification – The Need for Customer Due Diligence in Co-Working Spaces Explore More

    Blog

    High-Risk Countries and The Significance of AML/CFT Regulations – How Shufti Can Help

    Money laundering and terrorist financing are becoming a global concern. To overcome the risk of c...

    High-Risk Countries and The Significance of AML/CFT Regulations – How Shufti Can Help Explore More

    Blog

    The Evolution of AML Compliance from Checkbox to Risk-based Approach

    Financial institutions are exposed to several money laundering threats, as criminals today are we...

    The Evolution of AML Compliance from Checkbox to Risk-based Approach Explore More

    Blog

    Protect Your Business Against Identity Theft with Face ID Check

    The efficacy of biometric authentication becomes questionable in the face of facial ID checks. It...

    Protect Your Business Against Identity Theft with Face ID Check Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started