Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Shufti Turns Three – A journey of building trust globally

Shufti-Pro-Turns-Three

October 31, 2020, marks the third anniversary of Shufti and three successful years of building trust globally. Three years back, it all started out with a vision to make future cyberspaces fraud-free and rise as an industry leader in the identity verification market through the use of enhanced AI technologies. Today, after three years, Shufti’s identity verification services are expanded across multiple businesses in 230+ countries and territories, making Shufti a global identity solutions provider. It is the dream come true all because we took the risk and worked together to chase it, not letting the obstacles and naysayers hold us down. 

Shufti is the first company that initiated the synergised fusion of AI (Artificial Intelligence) and HI (Human Intelligence) in the digital identity verification industry

In the past three years, Shufti has strived hard to provide state-of-the-art services to businesses across the world. The core driver behind Shufti was the enhanced customer experience through quick and reliable verification within seconds. To provide reliable results, it is trained using 900 AI models. It won’t be an understatement to say that it has achieved this goal of performing the online identity verification within 30-60 seconds and with an unmatched precision of 98.67%

Shufti’s award-winning solutions

Even recognizing the efforts and up to the minute solutions of Shufti, it has picked up various business awards and competitions. Earlier this year, Shufti’s video KYC solution won Lulu Money’s Video KYC for Customer Verification Challenge, which was organized by Fintech Galaxy at MEFTECH 2020, Saudia Arabia. It’s a great achievement for the company to beat 26 competitors from all around the world.

Apart from this competition, recently, Shufti picked up two business excellence awards for its outstanding product and services. It was declared the winner by Best in Biz Awards 2020 International under the category of best consumer service of the year. Apart from it, the second Business Excellence Award 2020 was also for the best product/service category. 

These two business awards are proof that Shufti is delivering the best customer experience through its outstanding verification and AML screening solutions. To achieve this milestone, from company executives to employees, every department has been quite vigilant and the support team is 24/7 ready to address customer queries. 

Shufti is ‘your’ product

Over the past three years, Shufti has undergone many technological changes, all with the purpose to come up with trailblazing services to give an amazing customer experience. It has always focused on customer service be it the customised services or pricing plans, Shufti has everything that the businesses possibly require. From our KYC verification suite, the businesses can select the services that best fit their needs.

In addition to our customised verification solutions, Shufti now offers on-premises solutions for data-sensitive clients all over the world. Those organisations or businesses who don’t want their end-users’ data to go into third-party service providers can always get on-premises identity verification software. With Shufti’s Android SDK, iOS SDK and React-native app, businesses can have their customers verified through multiple platforms.

 Shufti offers KYC and AML solutions to 230+ countries including egypt, papua new guinea, APAC region, ST. Kitts and Nevis and other territories with support of 3000+ documents and 150+ languages making it a global solution 

When Shufti was created, the founders dreamt to take this product to a global level. To achieve this, our services offer 3000+ document support in 150+ languages to provide services to other countries. When first started in 2017, first-year Shufti was able to capture clients from a few countries. Now after three years, we have clients from all over the world belonging to various industries including banks, financial institutions, real-estates, crypto firms, social media, food industry, travelling, education and many others. These businesses have end-users from all across the globe. To say Shufti has verified user identities globally won’t be an understatement.

SP_Infographic_-_Verification_Map

Shufti’s customer acquisition rate has grown tremendously, with end-users from all over the world. In fact, during this pandemic, Shufti experienced increased demand. Given the need for digital fraud prevention we offered 10 million free verification for healthcare and relief organizations working at the frontline to contain the coronavirus. 

 

Shahid Hanif, Co-founder of Shufti expressed his gratitude to employees and clients for being a part of the successful journey of the company.

 

ShuftI Pro is turning three on 31st October. We started as few but now we are many. It’s all because of the dedication and creativity of Shufti team and the trust of our customers all these years that have taken us to an entirely new top. We have not only grown in numbers but also in skills, talents and resources. We envision to keep providing state of the art KYC and AML technology for businesses around the globe. Happy business anniversary!”

Related Posts

Blog

Top Applications of Facial Recognition Technology in the Digital Age

Facial recognition technology is biometric security in which an individual’s physical trait...

Top Applications of Facial Recognition Technology in the Digital Age Explore More

Blog

Synthetic Identity – A New Form of Identity Fraud for 2019?

Synthetic identity fraud (SIF) is a comparatively new form of identity theft that has gripped the...

Synthetic Identity – A New Form of Identity Fraud for 2019? Explore More

Anti Money Laundering, Blog, Business Technology, Identity & KYC

Customer Due Diligence: From KYC to KYB

Why CDD is significant for both Know Your Customer and Know your Business verification? Banking i...

Customer Due Diligence: From KYC to KYB Explore More

Blog

Shufti’s Ongoing AML Solution to Prevent Transaction Laundering

Online financial criminals are always finding newer ways to exploit financial infrastructures in ...

Shufti’s Ongoing AML Solution to Prevent Transaction Laundering Explore More

Blog

Identifying and Combating Trade-Based Money Laundering with Shufti AML Screening Services

The crime involved in trading is as old as human history. Where there is trade there is money inv...

Identifying and Combating Trade-Based Money Laundering with Shufti AML Screening Services 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...

Anti-Money Laundering (AML) Solutions – Securing Luxury Goods and Curbing Financial Crimes Explore More

Blog

OCR in Banking | Automating Data Extraction, Customer Onboarding, and ID Verification

The global Banking and Financial Services Industry (BFSI) is one of the most heavily regulated an...

OCR in Banking | Automating Data Extraction, Customer Onboarding, and ID Verification Explore More

Blog

Securing Digital Payments and Mitigating Financial Crimes Through AML Screening Solutions

The promise of payments technologies is being realized. Consumers are executing frictionless paym...

Securing Digital Payments and Mitigating Financial Crimes Through AML Screening Solutions Explore More

Blog

A Comprehensive Guide to Understanding Ultimate Beneficial Owners (UBOs)

Identifying UBOs and their control over a business is crucial for financial firms to meet regulat...

A Comprehensive Guide to Understanding Ultimate Beneficial Owners (UBOs) Explore More

Blog

Document Verification Services – The Secret Sauce to Keep Fraudsters Away

Forging someone’s documents is something bad enough but selling them on the dark web is just rubb...

Document Verification Services – The Secret Sauce  to Keep Fraudsters Away Explore More

Blog

AML Verification Services: Fighting Back Financial Crimes in 2023

The Covid-19 outbreak has increased reliance on eCommerce and digital banking — cultivating a lus...

AML Verification Services: Fighting Back Financial Crimes in 2023 Explore More

Blog

Securing Investment Industry with Shufti’s Investor Verification Solution

In this tech-driven world, perpetrators and organized crime groups are adopting sophisticated met...

Securing Investment Industry with Shufti’s Investor Verification Solution Explore More

Blog, Financial Crime / AML, Reg Tech

AMLD5 – Regulations catching up with Technology

In this era of technology, it is a common saying that “Innovation leads and regulation follows.” ...

AMLD5 – Regulations catching up with Technology 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

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

Travel Fraud and the Crucial Role of e-IDV

The travel sector is booming in this age of digitisation, and air travellers are estimated to dou...

Travel Fraud and the Crucial Role of e-IDV Explore More

Blog

40 Surprising Facts and Statistics About Money Laundering [2021 Update]

Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...

40 Surprising Facts and Statistics About Money Laundering [2021 Update] Explore More

Blog

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...

Corporate Transparency Act – The Road to Better AML Compliance Explore More

Blog

What Makes the Automotive Industry a Vehicle for Money Launderers

The automobile industry is the world’s biggest revenue-generating sector. In the global aut...

What Makes the Automotive Industry a Vehicle for Money Launderers Explore More

Blog

Synthetic Identity – A New Form of Identity Fraud for 2019?

Synthetic identity fraud (SIF) is a comparatively new form of identity theft that has gripped the...

Synthetic Identity – A New Form of Identity Fraud for 2019? Explore More

Blog

Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention

Before the world experienced digitisation due to the advent of smartphones, fast-speed internet, ...

Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention Explore More

Blog

Shufti to Revamp Customer Experience with Enhanced Video KYC UX

Would you ever want to use a product that is hard to understand? A McKinsey Report revealed that ...

Shufti to Revamp Customer Experience with Enhanced Video KYC UX Explore More

Anti Money Laundering, Blog, Financial Crime / AML

Why PEPs are High Risk and a Threat To Your Business?

In the Financial and Trade industry, you may have often heard the term PEPs and the importance of...

Why PEPs are High Risk and a Threat To Your Business? Explore More

Blog, Fraud Prevention

What is Loan Fraud and How to Detect it?

Loan fraud simply means when someone uses your identity to illegally obtain a loan. The crime has...

What is Loan Fraud and How to Detect it? Explore More

Blog

Swipe Right on Facial Verification for Secure Online Dating

In today’s COVID-ridden world, in-person dating is deemed very risky due to the spread of the vir...

Swipe Right on Facial Verification for Secure Online Dating 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

Facial Recognition Technology Pioneered at Olympic and Paralympic Games Tokyo 2020

Facial recognition has grown by leaps and bounds with the arrival of the sophisticated pattern-ma...

Facial Recognition Technology Pioneered at Olympic and Paralympic Games Tokyo 2020 Explore More

Blog

Liveness Detection | An Extra Layer of Protection Against Spoofing and Fraud

The consumer demand for biometric and facial authentication technologies is rising, with the mark...

Liveness Detection | An Extra Layer of Protection Against Spoofing and Fraud Explore More

Blog

Biometric Authentication – A Solution Against Fraud Detection

Biometrics technology is the way forward for identity verification services as they allow for qui...

Biometric Authentication – A Solution Against Fraud Detection Explore More

Blog

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...

Restricting Criminals from Exploiting Investment Industry with Shufti AML Screening Solution Explore More

Blog

Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer

From the world’s glitziest gaming development to betting shops on the high streets, the global ga...

Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer Explore More

Blog

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...

Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping 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

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, Business Technology

Biometric Verification – Shaping the Future of Payments

Today’s world is no longer different from the science fiction world. With the advent of technolog...

Biometric Verification – Shaping the Future of Payments Explore More

Blog

Transaction Monitoring: Going Beyond AML Screening

Whether you are an accountant in Wall Street or a developer for Google, money laundering will not...

Transaction Monitoring: Going Beyond AML Screening Explore More

Blog

KYC/AML Compliance – Eliminating Financial Crime in Challenger Banks

Challenger banks have emerged in the financial services paradigm by bringing digital innovations ...

KYC/AML Compliance – Eliminating Financial Crime in Challenger Banks Explore More

Blog

Disruptive Fintech Trends 2020

Fintech has changed the way consumers access their finances. From mobile payment apps to insuranc...

Disruptive Fintech Trends 2020 Explore More

Blog

Navigating the Changing Digital Finance Landscape 2023

The financial services sector has witnessed a rapid surge in the adoption of digital technologies...

Navigating the Changing Digital Finance Landscape 2023 Explore More

Blog

EU’s Smart ID Wallet – Paving the Way for a Seamless Digital World

A few days back, the European Union Commission published a draft for digital ID wallets for all t...

EU’s Smart ID Wallet – Paving the Way for a Seamless Digital World Explore More

Blog

A Deep Dive into Know Your Business Verification

Customer verification is essential for all businesses to onboard legitimate customers, but what a...

A Deep Dive into Know Your Business Verification 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...

AUSTRAC’s ML/TF Risk Assessment Report on Foreign Bank Branches [Part 3] Explore More

Blog

Age Verification: Comply with Global Regulations or Face Reputational Damages

In the digital age, businesses that operate online face a significant challenge when verifying th...

Age Verification: Comply with Global Regulations or Face Reputational Damages 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 ...

AML & KYC Compliance – 5 Ways AI is Supporting the Fight Against Financial Crimes Explore More

Blog

UK’s Digital Identity Framework – Cornerstone of Reliable ID

In today’s technology-driven era, digital identity is becoming inevitable. Physical interactions ...

UK’s Digital Identity Framework – Cornerstone of Reliable ID Explore More

Blog

Top 5 Frequently Asked Questions about Biometric Verification

Identity theft, data breaches, and other crimes are rising in this age of digitisation. A quick r...

Top 5 Frequently Asked Questions about Biometric Verification Explore More

Blog

Holiday Season – The Time of the Year When Frauds Soar Sky High

Despite being the “most wonderful time of the year”, the holiday season is known to have the high...

Holiday Season – The Time of the Year When Frauds Soar Sky High Explore More

Blog

High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help?

In today’s continuously evolving world, businesses should not only focus on the revenue they gene...

High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help? 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

Age Gating VS Age Verification | Enhancing Security for Minors

Age gating was once employed to stop minors from accessing age-restricted content. However, the a...

Age Gating VS Age Verification | Enhancing Security for Minors Explore More

Blog, Financial Crime / AML

Impact of Regulatory Scrutiny & AML Compliance in Real Estate

Anti Money Laundering (AML): Criminals around the globe are targeting real estate to launder the ...

Impact of Regulatory Scrutiny & AML Compliance in Real Estate Explore More

Biometric Technology, Blog, Identity & KYC

ID Verification API – Smooth Integration With Online Systems

The financial services (FS) sector has the highest ever recorded abandonment rate of 83.6% amongs...

ID Verification API – Smooth Integration With Online Systems Explore More

Blog

5 Features of the Best Transaction Monitoring Solution

Criminals are continuously devising sophisticated strategies to launder illegally-acquired money....

5 Features of the Best Transaction Monitoring Solution Explore More

Blog, Financial Crime / AML, Online Marketplace

Smaller Banks are in dire need of AML Compliance to avoid fines

Smaller banks are being considered an easy target for money laundering activities because of thei...

Smaller Banks are in dire need of AML Compliance to avoid fines Explore More

Blog

KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help

As technology continues to transform the financial industry, the need for identity verification h...

KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help 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

Blog

The Future Of the Financial Sector in the Gulf Region

Digital transformation, that has undoubtedly disrupted numerous industries worldwide, has reached...

The Future Of the Financial Sector in the Gulf Region Explore More

Blog

CFT & AML Compliance To Hold Back Financial Crimes

In this digital era, many factors are greasing the wheel of money laundering. Due to online trans...

CFT & AML Compliance To Hold Back Financial Crimes Explore More

Blog, Fraud Prevention

What is Loan Fraud and How to Detect it?

Loan fraud simply means when someone uses your identity to illegally obtain a loan. The crime has...

What is Loan Fraud and How to Detect it? Explore More

Blog

10 High-Risk Jurisdictions for Money Laundering According to FATF

Innovations like stablecoins and non-fungible tokens (NFTs) created quite the hype in the past ye...

10 High-Risk Jurisdictions for Money Laundering According to FATF Explore More

Blog

Identity verification in social media – Lighting up the dark side

Social media is a word every one of us can relate to. With every passing day, it is penetrating i...

Identity verification in social media – Lighting up the dark side Explore More

Blog

Age Verification for Social Media – Protecting the Younger Victims of Online Scams

With a significant majority of students diverting from their usual school routines due to the COV...

Age Verification for Social Media – Protecting the Younger Victims of Online Scams Explore More

Blog, Online Marketplace

Why Millennials don’t care about Conventional Banking Services?

Millennials are different from the baby boomer generation. They earn less than what the previous ...

Why Millennials don’t care about Conventional Banking Services? Explore More

Blog

Electronic Identity Verification | Forecasts and Predictions

Identities change as the world goes more digital. As more activities, like banking, socialising, ...

Electronic Identity Verification | Forecasts and Predictions Explore More

Blog

Know Your Patient – Curbing Healthcare Fraud through Identity Verification

With global digitization and emerging technologies, the healthcare sector has adopted a variety o...

Know Your Patient – Curbing Healthcare Fraud through Identity Verification Explore More

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...

Vendor due diligence – Why it’s important and how it’s done? Explore More

Blog

Halloween and the Spooky Scams – How identity verification helps?

Halloween is just around the corner and so do the scammers ready to exploit the opportunity. Whic...

Halloween and the Spooky Scams – How identity verification helps? Explore More

Blog

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...

Talent Acquisition Fraud – Hiring Legitimate Candidates with Identity Verification Explore More

Blog

Panama Moves Forward With New Crypto Bill – A Step Towards Legalizing Digital Assets

Cryptocurrencies have been around for a decade now. As new technologies are emerging, criminals a...

Panama Moves Forward With New Crypto Bill – A Step Towards Legalizing Digital Assets Explore More

Blog

UAE Government Stepping Up Against Prevalent Crimes

The UAE is known for being home to flourishing businesses and providing a significant level of fi...

UAE Government Stepping Up Against Prevalent Crimes Explore More

Blog, Identity & KYC

Common Online Scams You Need to Know About

The explosion of the internet and the world moving towards the fourth industrial revolution have ...

Common Online Scams You Need to Know About Explore More

Blog

5 Key Cybersecurity Threats for 2020

Cybersecurity threats have become remarkably common and they continue to gain traction with the p...

5 Key Cybersecurity Threats for 2020 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