The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

Secure Ride-Hailing Services – Building Trust Through NFC Verification

Ride

Despite the fact that modern ridesharing has only been operating for approximately a decade, it has quickly become a popular and handy alternative to public transportation. In many circumstances, ridesharing is the only accessible means of transportation for citizens not owning vehicles. While there are multiple advantages, it does have negative aspects too.

It makes no difference how many five-star rides a driver or passenger has experienced when there are underlying risks riding with an unverified stranger. Ridesharing has been costly due to past cases of crime, violence, and the present risk of COVID-19. 1,164 cases of fatal assaults were reported in 2018, however, the number of cases are still increasing. These instances make it more crucial than ever to protect customers from the dangers imposed by ride-sharing businesses and to understand the best ways to do so.

facts

Ride-Sharing Dangers: Increasing Crime Cases in 2021

Globally, millions of trips are completed by ride-hailing app, the vast majority of which proved to be safe. Unfortunately, safety still remains a critical concern for drivers as well as passengers. Companies are constantly introducing safety measures to applications yet the question remains the same, how safe are ridesharing services? Following are the ride-hailing cases reported in the past:

China Bans Didi Taxi-Hailing Services over Violating Data Protection Law

Didi began as a taxi-hailing app in 2012 and has now expanded to include ride-hailing services such as private automobiles and buses. The company holds 377 million users alone in china. However, the company was suspected to have violated the regulatory obligations by illegally gathering and using customers’ information. Therefore, China’s internet regulator ordered App Store and Google Playstore to remove Didi Global Inc. from their platform. An investigation by the Chinese Cyberspace Administration (CAC) revealed “severe irregularities” as  Didi gathered and misused customers’ personal data.

Uber loses license to Operate in London After TfL Finds Drivers Faked Identity

Uber’s London license has been revoked after law enforcement authorities found that more than 14,000 trips were completed by the drivers who lied about their real identities on the company’s app by providing fake information. At the end of a two-month probationary extension, Transport for London (TfL) announced its decision not to renew Uber’s license. The company was ordered that it needs to address concerns regarding drivers’ background checks, insurance, and safety, however, the capital’s transportation authorities are still not satisfied. On Monday, TfL stated that they had discovered a “pattern of failures” by Uber, comprising major security breaches that posed a threat to the riders’ safety.

drivers

UK Drivers Suing Uber over Using Automated Robo-Firing Algorithms

The Uber drivers claim that Uber is firing employees using an automated Robo-firing algorithm. Drivers demand that the courts should analyze Uber’s database in the Netherlands, to overturn the algorithm that the company claims to be dismissed.

According to experts, this is the first legal challenge of its kind to put GDPR Article 22 provisions to the test. BBC stated that Uber only terminated drivers’ accounts after a manual check by humans. Uber’s representative said, “Uber delivers requested personal data and information that individuals are entitled to. When we are unable to provide particular data, such as when it does not exist or providing it would infringe on the rights of another person under GDPR, we will provide justifications.” 

However, the App Drivers & Couriers Union (ADCU) also claims that it has observed well over 1,000 examples where drivers have been wrongfully accused of fraudulent behavior and had their accounts deleted without a chance of appeal since 2018.

Rising Challenges for Ride-Hailing Companies

There was a time, not long ago, ridesharing firms like Uber and Lyft were thought to be the way of the future. There were companies that allowed strangers to share rides at inexpensive prices, reducing the number of automobiles on the road, reducing pollution and traffic congestion, and making it easier for everyone to go where they needed to. Regardless of ride-sharing companies’ efforts to provide a safe and sound journey experience to riders, multiple problems arose. 

Ensuring Safety Measures

Drivers with low ratings are usually red flags, as it relies on riders’ feedback. Bad driving, fake drivers, and poor condition of vehicles adversely impact the riders’ experience. To make trips seamless and prevent crime, companies are making efforts like imposing fines on drivers that violate the safety criteria. 

Traditional Drivers’ Identity Checks

Ride-sharing companies’ conventional methods of screening drivers’ backgrounds is a standard practice. Background checks ensure the protection and safety of passengers as well as pedestrians. However, a manual approach to background screening leaves gaps in the security framework while onboarding new drivers. 

The issuing of driving permits is based on document verification. To do so, companies acquire driver’s licenses and social security numbers. Ride-hailing businesses must adopt a more robust way for initial background checks as well as a means for monitoring drivers who pass the initial screening. 

Regulatory Obligations

Ride-hailing services emerged out of nowhere a decade ago, and governments took some time to catch up. Local governments throughout the world are making up for lost time by enacting a slew of rules aimed at regulating ride-sharing service providers. These laws have ranged from prohibiting ride-sharing businesses from operating at airports to ideas like the one proposed in Austin and Texas. It became mandatory for Uber and Lyft drivers that they would be fingerprinted and photographed by local cops to guarantee they are not criminals. Ride-sharing companies have reacted by withdrawing from places where rules will stifle their growth or discourage people from working for them.

Building Trust in Ridesharing with NFC-Based ID Verification 

Nowadays, people are coming back to sharing economy services like ride-hailing in soaring numbers, a positive sign for future growth. This means identifying the drivers as well as the riders is more critical than ever, as heaps of fatal assaults and other crimes emerge. Ridesharing companies must verify both drivers and passengers during account creation to identify legit individuals and fraudsters on time. This will also help them in enhancing clients’ experience. 

Shufti’s state-of-the-art NFC Verification can help ride-hailing services in verifying the identities of drivers and riders with a simple tap of the chip-based identity document. With a market-leading accuracy rate of 98.67%, ride-hailing apps can ensure a frictionless customer experience and increased security as well.  Shufti’s identity verification services support cross-platform integration with pre-existing online systems, IOS apps, android apps, and web applications.

Want to know more about NFC-based ID verification for ridesharing companies?

Related Posts

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

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,...

How Artificial Intelligence is taking ID verification to the next level? Explore More

Blog

Modern Financial Management: The Role of KYI in Safeguarding Businesses

With our digital ecosystem being full of threats, there is a significant possibility that the qua...

Modern Financial Management: The Role of KYI in Safeguarding Businesses Explore More

Blog

Unfolding Telecom Frauds through Effective KYC Compliance

The growing adoption of smartphones has naturally spurred sharing of personal data. From providin...

Unfolding Telecom Frauds through Effective KYC Compliance Explore More

Blog

Transaction Screening: The Benefits and Challenges

Financial crimes are rising, wreaking havoc on organisations and individuals. The fraud rate has ...

Transaction Screening: The Benefits and Challenges Explore More

Blog

The Top 10 Benefits of the Know Your Customer Lifecycle

In this digital age, where transactions occur remotely and identity theft is rising, establishing...

The Top 10 Benefits of the Know Your Customer Lifecycle 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...

FATF’s June 2021 Plenary – Strategic and Country-specific Initiatives Explore More

Blog

The FATF Travel Rule: What Business Owners Must Know

The rapidly evolving landscape of technology and cryptocurrency has made the regulation of digita...

The FATF Travel Rule: What Business Owners Must Know Explore More

Blog, Identity & KYC

CRA Looking to Launch Digitally Secure Ways with Identity Verification Services

Canada Revenue Agency or CRA in collaboration with an identity verification service called Secure...

CRA Looking to Launch Digitally Secure Ways with Identity Verification Services Explore More

Blog, Identity & KYC

4 Know Your Customer (KYC) Strategies to adopt in 2019

Digital fraud haunted the cyberspace in 2018 with the majority of online frauds originating from ...

4 Know Your Customer (KYC) Strategies to adopt in 2019 Explore More

Blog

A Guide to Understanding KYC in Banking

2022 has witnessed a rise in the number of fraudulent cases by 18% compared to 2021, damaging bus...

A Guide to Understanding KYC in Banking Explore More

Blog

Video KYC Onboarding: Fintechs meeting KYC compliance with video identifications

The Financial industry is introducing a digital revolution globally. The term Fintech corresponds...

Video KYC Onboarding: Fintechs meeting KYC compliance with video identifications Explore More

Blog

Designing a Risk-free Customer Onboarding Flow for the Freelancing Industry

Freelancing websites saw an increased demand during the pandemic, and the trends continued to ris...

Designing a Risk-free Customer Onboarding Flow for the Freelancing Industry Explore More

Blog, Online Marketplace

How Mobile KYC will revolutionize the Digital World?

Mobile KYC is the next frontier in Identity Verification services allowing greater access to busi...

How Mobile KYC will revolutionize the Digital World? Explore More

Blog

AML Compliance for Luxury Goods Market – How Shufti can Help

Money laundering using high-value goods such as jewelry, yachts, motor vehicles, watches, fine ar...

AML Compliance for Luxury Goods Market – How Shufti can Help 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...

Video KYC Verification | The Hassle-Free Process of Authenticating Identities Explore More

Blog

OCR technology for businesses – Its applications and benefits

Optical Character Recognition (OCR) technology provides a business solution that automates data e...

OCR technology for businesses – Its applications and benefits Explore More

Blog, Identity & KYC

CRA Looking to Launch Digitally Secure Ways with Identity Verification Services

Canada Revenue Agency or CRA in collaboration with an identity verification service called Secure...

CRA Looking to Launch Digitally Secure Ways with Identity Verification Services Explore More

Blog

Adverse Media Screening | Assessing and Mitigating Potential Crime Risks

In today’s digital world, where fraud prevails exponentially, risk management is crucial to fight...

Adverse Media Screening | Assessing and Mitigating Potential Crime Risks Explore More

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...

Top 6 Reasons Why RegTech Will Improve AML Compliance Explore More

Blog

The Path to CX Leadership – An Interview with Saroni Kundu

From Code to Customer: How Saroni Kundu Found Her Passion in CX In our latest Beyond Borders podc...

The Path to CX Leadership – An Interview with Saroni Kundu Explore More

Blog

Overcoming the Challenges of Proliferation Financing with AML Screening Solutions

On September 23rd, the 2021 UK NRA (National Risk Assessment) was published as part of the govern...

Overcoming the Challenges of Proliferation Financing with AML Screening Solutions Explore More

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...

FSA demands greater AML Compliance from Japanese Crypto Exchanges Explore More

Blog

How Businesses Can Avoid Identity Verification Fraud in 2019?

With a bulk of customers using online services, businesses wish to digitise their operations and ...

How Businesses Can Avoid Identity Verification Fraud in 2019? Explore More

Blog

Identity Verification Forecast: How Will KYC Evolve in 2023?

As the world becomes more digital, scammers are honing their craft and employing trickier techniq...

Identity Verification Forecast: How Will KYC Evolve in 2023? Explore More

Blog

Liveness Detection and IDV: An Overview of Biometric Facial Recognition

Identity fraud and cybercrime have significantly surged in the past few years. Deepfake technolog...

Liveness Detection and IDV: An Overview of Biometric Facial Recognition Explore More

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...

Shufti’s Address Verification Service – A Key Step in Digital Identity Verification Explore More

Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC

Winter is Coming: With a Storm of KYC and AML Regulations

The ever-evolving regulations are creating challenges and complexities for the financial institut...

Winter is Coming: With a Storm of KYC and AML Regulations Explore More

Blog

License Verification for Online Transport Services

License Verification for Online Transport Services The world of transport services has dramatical...

License Verification for Online Transport Services Explore More

Blog

KYC in 2021 – Shaking Things Up in the Financial World

Despite the considerable investments made by industry leaders, KYC is still a challenge in the fi...

KYC in 2021 – Shaking Things Up in the Financial World Explore More

Blog

FinTech and FinCrime – The Global Regulatory Landscape

Also known as financial technology, FinTech is now among the fastest-growing industries. This sec...

FinTech and FinCrime – The Global Regulatory Landscape Explore More

Blog

Video KYC (VKYC) | Identity Verification and Fraud Prevention

In the last few years, the verification industry has experienced remarkable expansion. As our tec...

Video KYC (VKYC) | Identity Verification and Fraud Prevention Explore More

Blog

Intelligent Character Recognition (ICR) Software – One step ahead of OCR

What is ICR? Intelligent Character Recognition (ICR) is an extended technology of Optical...

Intelligent Character Recognition (ICR) Software – One step ahead of OCR Explore More

Blog

Cross-Border KYC Compliance | Understanding and Overcoming the Challenges

To handle money laundering incidents and rising regulatory pressure, the banking industry benefit...

Cross-Border KYC Compliance | Understanding and Overcoming the Challenges Explore More

Blog, Online Marketplace

Benefits of KYC services for Money Services Operators

Money service operators are at the forefront of international financial system as they help with ...

Benefits of KYC services for Money Services Operators Explore More

Blog

5 Key Regulatory Updates for the Banking Sector in 2021

The pandemic disrupted operations in the banking sector and the criminal activities significantly...

5 Key Regulatory Updates for the Banking Sector in 2021 Explore More

Blog

Optical Character Recognition (OCR) – Powering Shufti’s Document Verification

Trust is a key factor when it comes to doing business or getting financial services from banks. A...

Optical Character Recognition (OCR) – Powering Shufti’s Document Verification Explore More

Blog

FINMA Report Indicates Unchanged Cybercrime and Money Laundering Risks

Money laundering, identity theft, and various other cyberattacks risk have been elevated over the...

FINMA Report Indicates Unchanged Cybercrime and Money Laundering Risks Explore More

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...

Know Your Customer – Addressing the Risks of Financial Crimes in Challenger Banks Explore More

Blog

How OCR Helps in Fighting Financial Crimes?

OCR, also known as Optical Character Recognition, isn’t a new technology. However, it’s use in fi...

How OCR Helps in Fighting Financial Crimes? 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

Know your transactions (KYT) boosts your KYC efforts

Integration problems, lack of adequate attributes, and how Know Your Customers (KYC) are handled,...

Know your transactions (KYT) boosts your KYC efforts Explore More

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...

How to Create a Wow! Fraud Prevention System with Shufti Explore More

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...

Non-Fungible Tokens (NFTs), Financial Crimes and AML/KYC Regulations – How Shufti Can Help Explore More

Blog

AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance

With technology evolving every day, online gambling is one of the sectors that has revolutionized...

AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance Explore More

Blog

Spreading Holiday Cheer with a Heartfelt Donation to Crisis UK

As the holiday season approaches, we often reflect on how we can give back to our communities. Th...

Spreading Holiday Cheer with a Heartfelt Donation to Crisis UK Explore More

Blog

Facial Biometric Authentication for Online Dating Platforms – Building Trustworthy Relationships

Online dating apps have altogether transformed the concept of socializing, and people are now int...

Facial Biometric Authentication for Online Dating Platforms – Building Trustworthy Relationships Explore More

Blog

Healthcare Industry and Prevailing Crimes – What Shufti Can Offer

Over the recent years, the medicare industry has completely transformed, and emerging innovations...

Healthcare Industry and Prevailing Crimes – What Shufti Can Offer Explore More

Blog

Contact-free ID authentication – combating fraud during COVID-19 outbreak

Coronavirus outbreak, which was initially thought of as some sort of common flu in the Chinese ci...

Contact-free ID authentication – combating fraud during COVID-19 outbreak Explore More

Blog, Online Marketplace

How AI is Transforming Fraud Prevention in the Healthcare Industry

KYC For HealthCare: Fraud is so common that there is hardly any industry that hasn’t had to bear ...

How AI is Transforming Fraud Prevention in the Healthcare Industry Explore More

Blog

Estonia’s AML Act Amendments – Securing Virtual Currencies in 2022

Estonia’s financial institutions are developed and ensure transparency as its laws are well-defin...

Estonia’s AML Act Amendments – Securing Virtual Currencies in 2022 Explore More

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...

4 Ways KYC Banking Regulations are Shaping the Future Explore More

Blog

The Latest AML Violations and the Role of Transaction Monitoring

In the evolving regulatory landscape, combating financial crimes has become a top priority of reg...

The Latest AML Violations and the Role of Transaction Monitoring Explore More

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...

FSA demands greater AML Compliance from Japanese Crypto Exchanges Explore More

Blog

The New Face of Authentication (*hint: you’ve seen it before!) 

Companies face the daunting tasks of securing their data against the evolving threat of fraud whi...

The New Face of Authentication (*hint: you’ve seen it before!)  Explore More

Blog, Online Marketplace

Age Verification – Must Have For Age Restricted Retailers

Mobile e-commerce makes up for nearly 29% of the entire e-commerce sales in the US. A majority of...

Age Verification –  Must Have For Age Restricted Retailers Explore More

Blog

Balancing UX and Security in the Finance Sector with Biometric Authentication

The global coronavirus outbreak transformed financial operations and forced retailing banks to te...

Balancing UX and Security in the Finance Sector with Biometric Authentication Explore More

Blog

Supplementing blockchain with KYC offers endless possibilities

While you may be tempted to think that decentralized and anonymous blockchains are safe because t...

Supplementing blockchain with KYC offers endless possibilities 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...

Know Your Patient – Eliminating Fraud and Crime in the Healthcare Sector Explore More

Blog, Fraud Prevention

4 Fraud Prevention Tips For Your E-commerce Business this Holiday Season

With the holiday shopping season in full swing, e-commerce fraud risk is a glaring reality that n...

4 Fraud Prevention Tips For Your E-commerce Business this Holiday Season Explore More

Biometric Technology, Blog

Online Facial Recognition Could Drive a New Wave of Digital Transparency

Online facial recognition is a much less explored territory when it comes to online identity veri...

Online Facial Recognition Could Drive a New Wave of Digital Transparency Explore More

Blog

Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector

Transforming technology, growing digitization, and increased use of online transactions have acco...

Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector Explore More

Blog

Why Do Freelancing Platforms Need KYC?

Technological advancements came with several betterments for humans. Where every industry is bene...

Why Do Freelancing Platforms Need KYC? Explore More

Blog

A Brief Overview of 2021 AML Trends

Over the last decade, regulatory scrutiny on Anti-Money Laundering (AML) compliance has remained ...

A Brief Overview of 2021 AML Trends 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...

5 Tech Upgrades That Can Revamp Your Customer Onboarding Process 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

Building an Effective Customer Due Diligence (CDD) System with Shufti

There are various factors that businesses have to consider while implementing measures to gather ...

Building an Effective Customer Due Diligence (CDD) System with Shufti Explore More

Blog

Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification

With emerging technologies and rapid digitization, identity fraud has become quite common, raisin...

Enhancing the Effectiveness of KYC Checks with Shufti’s Forensic Document Verification Explore More

Blog

KYC Verification Process – 3 Steps to Know Your Customer Compliance

Did you know there are three key components to KYC? The entire identity verification procedure en...

KYC Verification Process – 3 Steps to Know Your Customer Compliance 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,...

How Artificial Intelligence is taking ID verification to the next level? Explore More

Blog

AML Compliance in the FinTech Industry’s Uncertain Regulatory Landscape

Financial technology (FinTech) exists to improve and automate the delivery of economical services...

AML Compliance in the FinTech Industry’s Uncertain Regulatory Landscape Explore More

Blog

AML Compliance – Mitigating Money Laundering Risks in Insurance Companies

The huge influx of funds through insurance companies has led criminals to exploit the whole syste...

AML Compliance – Mitigating Money Laundering Risks in Insurance Companies 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