Blog, Business Technology
Why have IPOs started Implementing Digital KYC?
Have you heard the phrase “I’m afraid we have to go public Mark”, well then you are on right page...
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Biometric Technology, Blog
Biometric Authentication: Applications and Constraints
Biometric authentication is considered as an advanced way of ensuring Know Your Customer (KYC). T...
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Blog
FinCEN Files – Banks abandoning front-line defenses against money laundering
Banks and financial institutions are under the continuous scrutiny of regulatory authorities, yet...
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Blog
Covid Report Verification: New Restriction for Airports
The Covid-19 cases have drastically increased over time and as of February 6, 2021, 18,262 new ca...
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Blog
The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency
Despite volatility in the crypto sector, millions of individuals access their services worldwide....
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Blog
How Identity Verification Eliminates Social Media Scams to Enhance User Experience
Social media has experienced exceptional growth in the past decade as a result of advancements in...
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Blog
Online Identity Verification – How to Secure Online Gaming & Gambling Platforms
Online gambling is the way to go for betting enthusiasts nowadays and brings both convenience and...
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Blog
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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Blog
Designing for the World: UX, Automation & Inclusivity with Lisa Kleinman
About Lisa Kleinman
Dr. Lisa Kleinman, Ph.D. is a UX leader, researcher and design strategist who...
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Blog
Safeguarding Telecommunication Industry with Robust ID Verification Solutions – What Shufti Offers
Technology transformation, growing transactions and global digitisation are increasing the potent...
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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...
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Blog, Fraud Prevention
4 Fraud prevention tips that you must follow this Holiday Season
The holiday season is around the corner and it is the time of the year when online shopping and m...
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Blog
How Can You Make Your Onboarding Process Cost-Effective?
The customer onboarding process can cost your business a fortune if it is complex. In the modern ...
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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...
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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...
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Blog
Evolution of Digital Payments and Prevailing Crimes – How Shufti’s AML Screening Can Help
With emerging technologies, the digital payments trend is rising, and users are executing frictio...
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Blog
The Age Verification Advantage: Speed, Trust, and Privacy
Businesses operating in age-restricted industries like gaming, social media, and alcohol sales na...
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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...
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Blog, Online Marketplace
KYC for Financial Institutions
E-KYC for Financial Institutions
Imagine you’re the owner of a brokerage firm. You’re not exactly...
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Blog
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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Blog
How Transaction Monitoring Can Ensure Secure Online Services
A safe and comprehensive transaction monitoring system is increasingly important in an era charac...
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Blog
MiCA Goes Global: How to Stay Ahead with a Future-Ready Compliance Strategy
What Is MiCA?
At the end of 2024 and just weeks after the crypto market reached an all time high ...
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Blog, Online Marketplace
Demand for KYC & ID Verification in Higher Education
I remember a friend of mine, Jack, from high school he was one of the most non-serious people I k...
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Blog
Know Your Donor (KYD) – Eradicating Financial Crimes in NPOs and Charity Organizations
In 2020, US citizens alone donated more than $471 billion to charities. This generosity ultimatel...
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Blog, Identity & KYC
KYC Compliance – Strengthening Fraud Prevention Across the Globe
Know Your Customer (KYC)
The widespread availability of the internet has made our world more con...
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Blog
A Detailed Insight into Due Diligence for SMEs in Europe
Recent developments in due diligence legislations have prompted debate on SMEs being subject to t...
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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...
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Blog, Business Technology, Fraud Prevention, Identity & KYC
Face Verification – One Solution for Several Identity Frauds
Biometrics is the technology that verifies the unique personality traits of a person to identify ...
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Blog
Anti Money Laundering – What is AML compliance and why is it important?
Anti-money laundering compliance is vital for obliged entities and being conversant with AML comp...
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Blog
5 Types of ID Fraud Skyrocketed in the First Half of 2021 – Shufti
Last year, Shufti’s AI-powered identity verification system captured a 3.36% increase in iden...
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Blog
Analyzing the UK and US Gambling Industry by Numbers
Businesses and people in the gambling sector are aware of the risks involved and what are their p...
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Blog
Real Estate Industry Crimes and Strict AML Regulations – How Shufti Can Help
The real estate industry has long provided a safe way for fraudsters to secretly launder or inves...
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Blog
Electronic Identity Verification | Technology and Regulations
Demand for efficient AML and KYC solutions increases as criminals develop more complex methods of...
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Blog
Divergent AML/CFT Rules and Cross-border Payment Challenges – What FATF Has to Say?
While addressing AML/CFT requirements for cross-border payments, the global financial watchdog, F...
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Blog
Know your transactions (KYT) boosts your KYC efforts
Integration problems, lack of adequate attributes, and how Know Your Customers (KYC) are handled,...
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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...
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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...
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Blog
A Year In Review of the FinTech Industry [2021 Update]
The FinTech industry is soaring with a record of $91.5 billion in global funding so far this year...
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Blog
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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Blog
Blockchain Technology and KYC for Crypto Exchanges – How Shufti Can Help
KYC compliance is the backbone of the Anti-Money Laundering (AML) measures implemented by any fin...
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Blog
Anti-Money Laundering Compliance for Crypto Exchanges [2021 Update]
Anti-Money Laundering compliance solutions are gaining popularity in all corners of the world. Un...
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Blog, Reg Tech
Here’s How Compliance to KYC and AML Regulations May Help Crypto Rebound
Cryptocurrency was the talk of the day in the months and even years leading up to the present wee...
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Blog
How Shufti’s KYC Solution Can Ensure Compliance and Help in Battling Identity Fraud
With booming technology and rapid digitization, a large number of businesses are adopting the dig...
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Blog
Rethinking Trust in Crypto: How Digital Identity Verification Will Power the Next Phase of Growth
The crypto industry is at a crossroads. After a decade marked by disruptive innovation and volati...
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Blog
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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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...
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Blog
Online Document Verification – The Role of Shufti’s Optical Character Recognition (OCR) in Eliminating Fraud
Document verification is the most important stage when it comes to doing online business, getting...
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Blog
The Most Frequently Asked Questions About Perpetual KYC
Maintaining the accuracy of customer data presents a considerable challenge. Automating it has tr...
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Blog
AUSTRAC’s ML/TF Risk Assessment Report on Foreign Subsidiary Banks [Part 4]
This blog covers the last chapter of our four-part series on AUSTRAC’s money laundering and terro...
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Blog
AML Screening – Combating Money Laundering in Luxury Vehicle Dealings
Financial criminals usually look for priceless items like art, antiquities, as well as luxury veh...
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Blog
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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Blog
KYC/AML Compliance – An Anti-fraud Mechanism for E-wallets
As more and more countries had to enforce lockdowns because of the pandemic, remote working and d...
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Blog, Financial Crime / AML, Identity & KYC
All You Need To Know About KYC Compliance
Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...
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Blog
Shufti Beyond Borders – Customer Experience That Drives Results
About Stanton Brooks
Stanton Brooks is a global customer experience (CX) leader specializing in d...
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Blog
The FATF Travel Rule: What Business Owners Must Know
The rapidly evolving landscape of technology and cryptocurrency has made the regulation of digita...
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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
ID verification Services – Why Paper IDs are inferior to Digital Cards?
ID verification services are at the forefront of making online marketplace transparent and ensuri...
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Blog
What is an OCR Screening and How Does it Work?
In our digital environment, where automated technology has already taken over corporate processes...
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Blog
Blockchain Technology and KYC for Crypto Exchanges – How Shufti Can Help
KYC compliance is the backbone of the Anti-Money Laundering (AML) measures implemented by any fin...
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Blog, Online Marketplace
Ride Sharing Services and ease provided by KYC Services
Ride Sharing services might be the hottest form of transportation especially in developed countri...
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Blog
KYC Isn’t Enough: Get Ready for the Future of Verification
Over the past few years, companies have been looking for more sophisticated identity verification...
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Blog
Understanding the Difference Between Money Laundering and Embezzlement
Money laundering and embezzlement are two financial offences involving the movement of significan...
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Blog
The Rising Concern of Financial Crimes in the Metaverse – AML Screening as a Solution
The digital world is evolving at a greater pace than ever before. The Metaverse is considered a d...
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Blog
KYC ID Verification – A Critical Component for Securing Online Dating Activities
Social manipulation in online dating platforms targets numerous users and their personal informat...
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Biometric Technology, Blog
Biometric identification Analysis and Facial Recognition Technology
Identity verification services might have been the most innovative and effective way to cut down ...
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Blog
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
Money Laundering Through Cryptocurrency: Red Flags and AML Risks
As the use of virtual assets becomes widespread, crypto firms have a major dilemma to deal with &...
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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...
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Blog
KYC Compliance Will Become Your Competitive Edge
Businesses, particularly the financial services sector, have been observing Know Your Customer KY...
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Blog
Risk Assessment: Building Trust in Crypto Exchanges
Other than following AML and KYC laws, crypto exchanges have a huge responsibility on their shoul...
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Blog
How Optical Character Recognition Improves the Process of Identity Verification for Businesses
Evolving technologies have created a competitive market where every business strives to optimize ...
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Blog, Online Marketplace
12 Ways Identity Verification Services Helping Online Businesses
The online marketplace has a culminating presence in the business world. Worldwide e-commerce sal...
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