Blog, Online Marketplace
Fraud Protection services for Online Retail Businesses
Online Marketplace faces Chargeback issues
Fraud Protection Services are an integral part of reta...
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AML Screening for Luxury Items Industry – The Role of Shufti in Ensuring Compliance
Money laundering is a global issue, and with emerging technologies, criminals are also using more...
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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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How Shufti Identity Verification User Experience Impacts Business Outcomes
User experience (UX) isn’t only about design or even metric-driven decision making. It’s a busine...
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Prevailing Crimes in Metaverse – How Shufti’s IDV Solution Can Help
Metaverse is a virtual space where people belonging to the same or different physical regions can...
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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...
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Age Verification – Ensuring the Protection of Minors on Digital Platforms
In today’s technologically advanced era, digital products and services have transformed the way s...
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Blog
Fintech 2021 – A Brief Insight of Global KYC Regulations
Financial services are among the most heavily regulated sectors in the world, and the number one ...
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Blog
AML Solutions: Eliminating the Risks of Money Laundering
Money laundering is a serious crime that can have serious and long-term consequences for your bus...
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Blog
The 10 Biggest DeFi Hacks of 2022 and How Can KYC/AML Compliance Help
The crypto industry witnessed a challenging year in 2022, marked by numerous hacks and scams, hig...
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Blog
Digital Safety for Social Media, Gaming & E-Commerce Platforms
As people and businesses are getting more and more connected online, social media continues to pl...
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Blog
Shufti Turns Three – A journey of building trust globally
October 31, 2020, marks the third anniversary of Shufti and three successful years of buildin...
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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...
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Blog, Identity & KYC
ICOs and KYC Compliance
With the surge in digitalisation of payments and crowdfunding; the need to set proper standards f...
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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...
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UAE’s Targeted Financial Sanctions (TFS) – How Shufti Can Help Ensure AML Compliance
Money laundering has always remained a huge challenge for global economies, and all the major jur...
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5 Key Questions about Facial Recognition Answered by Experts
Technology has definitely made life convenient but comes with a gazillion concerns from anyone wh...
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Online Age Verification Service: Children’s Digital Privacy amid COVID-19
The meteoric rise in the adoption of digital technology has influenced every phase of modern huma...
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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,...
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AML Compliance – Global Watchlists that Businesses Need to Consider
Coordinated sanctions after the Russian invasion of Ukraine have made the headlines due to their ...
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How Multi-Factor Authentication Is Playing An Important Role In Combating Rising Online Business Fraud
The advent of online businesses has brought a lot of convenience for customers using modern techn...
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Video KYC – Answer to Digital Revolution in the Gulf Region & UAE
The digital revolution in the Gulf region and UAE has been a hot topic these days. The economic d...
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Safeguarding Ride-Hailing Services with Identity Verification Solutions
With the global digitization, mobility services are known to the world before the pandemic has ir...
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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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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, ...
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Blog, Financial Crime / AML
Impact of Bitcoin Addresses’ Sanctions on IDV Providers
The technology enhancement is being done at an exponential rate around the world. As the tech kee...
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Blog, Financial Crime / AML, Identity & KYC
Why Financial Industry Needs KYC/AML Compliance?
Banks and other financial institutions often serve financial criminals as a conduit for dirty mon...
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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...
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Blog
Sim Swap Fraud: A new battle in the war of your Identity
In our connected world, we are using mobile devices for communication, work, banking, and enter...
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Blog
Crypto as a Virtual Safe Haven for Russians Amid Sanctions
The Russia-Ukraine conflict has had some serious effects on the global financial landscape. While...
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Know Your Business – What Does it Mean & How can it Protect Your Company?
Businesses that offer their services to other businesses, instead of individual consumers, have t...
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Identity verification solutions to fight against faces of fraud
In this digital world, billions of smart devices are circulating, connecting and communicating wi...
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Blog
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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Blog
A guide to choosing the right ‘Digital Identity Verification Solution’
Living in the digital era, everything is now just a click away. From customer onboarding to onlin...
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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...
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Blog
Digital ID Verification – Why is it Critical for Customer Experience?
Last year was all about lockdown and pandemic disrupting business operations to the very core. Th...
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Shufti’s Journey Builder: Designing Identity Verification Made Simple
As financial regulations around the world become more complex and ever changing, businesses like ...
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7 Fascinating Facts about Face Verification Technology
Technology is a fundamental part of our day-to-day lives, from checking the weather and connectin...
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Working from Home Spikes Demand for Digital Identity Verification
Due to the Coronavirus Pandemic, many businesses are grounded or are enforced to work from home. ...
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Blog
KYC | How to perform KYC verification in three simple steps
Know Your Customer, commonly referred to as ‘KYC’, is an identity verification process that plays...
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Blog
AML Compliance – How to Steer Clear of Cryptocurrency Crimes
Bitcoin, Ethereum, Dogecoin, and Tether along with thousands of other cryptocurrencies are rising...
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Blog
Customer Identification Programme (CIP) vs Know Your Customer (KYC) | What’s the Difference?
Often, people confuse CIP and KYC and think both are the same. Customer Identification ...
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Blog
KYC and AML: The Key to Secure BNPL Services in 2023
Seems like Buy Now Pay Later (BNPL) services have taken the world by storm, with 360 million user...
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Blog
Age Verification – Ensuring the Protection of Minors on Digital Platforms
In today’s technologically advanced era, digital products and services have transformed the way s...
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Blog
Top 10 Real-World Scenarios Where Shufti’s IDV Can Help
Whether you’re an e-commerce store that needs to verify delivery addresses or a bank that has to ...
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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...
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Paradigm Shift amid Corona – Online sales to take outstanding growth
Coronavirus outbreak is proving to be catastrophic for the world with global cases reaching 2,495...
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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...
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Eradicating Financial Crimes in Online Gambling using NFC Verification
Emerging technologies have altogether revolutionized the online gambling industry and instead of ...
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Blog
6 industry experts explain the role of KYC in cybersecurity
Cybersecurity is no more limited to firewalls and antiviruses. It is protecting your system, empl...
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Blog
KYC Services For ICOs – Why you need to have them now?
KYC services play a vital role in conducting an ICO in more than one way. They can make the entir...
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Blog
AML Solutions: Eliminating the Risks of Money Laundering
Money laundering is a serious crime that can have serious and long-term consequences for your bus...
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Blog, Financial Crime / AML
“Brexit” Greasing the Wheel of Money Laundering
Brexit is in the global news for many years. The reason is that several countries have their stak...
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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...
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Blog
Face Verification – Trends and Benefits for the Corporate World in 2021
Face verification technology has gained popularity over the past few years. A biometric authentic...
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Blog
5 Things Businesses Should Know about PEP Screening
Regulators levy penalties when compliance programs fail or companies have insufficient compliance...
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Blog
AML Compliance – Putting an End to Money Laundering in Crypto Firms
In the past few years, cryptocurrencies were widely adopted as an investment method by not only i...
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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...
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Blog
Shufti Turns Three – A journey of building trust globally
October 31, 2020, marks the third anniversary of Shufti and three successful years of buildin...
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Blog
A guide to choosing the right ‘Digital Identity Verification Solution’
Living in the digital era, everything is now just a click away. From customer onboarding to onlin...
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Blog
Know Your Investor | Sophisticated Investor Verification in Real-Time
In today’s data-driven digital world, organized crime groups and fraudsters have developed more s...
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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 ...
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Blog
5 Key Regulatory Updates for the Banking Sector in 2021
The pandemic disrupted operations in the banking sector and the criminal activities significantly...
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Blog
Top Five FinTech Industry Trends to Look For in 2021
Continuous advancements in technology have shifted the world toward digital means of communicatio...
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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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Blog
KYC in banking: How American banks can fight identity thieves?
In the present globalized, fast-evolving sphere, revolutionizing KYC (Know Your Customer) is cruc...
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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...
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Blog
Gambling Compliance or Data Protection? The Puzzle is Solved!
The evolving regulations for the gambling industry are likely to increase compliance challenges i...
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Blog
Leveling Up Identity Verification To Meet This Moment
Companies around the world contend with two digital identity challenges that seem mutually exclus...
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Blog
Fight Fraud Proactively and Reduce Fake Customer Accounts With Shufti’s AI-powered ID Document Forgery Detection
Bank statements, land documents, and social security checks are frequently forged. Document forge...
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Blog
Video KYC Onboarding: Fintechs meeting KYC compliance with video identifications
The Financial industry is introducing a digital revolution globally. The term Fintech corresponds...
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Blog
Halloween Scams – Watching Out for Tricks, Identity Fraud, and Financial Crime
Halloween is one of the most awaited and celebrated events in a large number of countries across ...
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