Blog
eIDAS and eIDs – The Shift in Identity Verification in the EU & Beyond
In the digital world, ensuring the security of international transactions is the ultimate goal of...
Explore More
Blog
Know Your Donor (KYD) for NPOs – Red Flags that Charities Need to Consider
Like every other sector, non-profit organizations and charities are also vulnerable to financial ...
Explore More
Blog
Top 4 Reasons that will Increase Money Laundering Risks in 2022
Unlike other frauds, like like tax evasion, drug trafficking, extortion, and misappropriation of ...
Explore More
Blog
A Brief Insight into Social Media Scams – How Shufti’s IDV Solution Helps
There is no doubt that social media has its benefits in contemporary times. With the growing tech...
Explore More
Blog
Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks
The telecommunication industry holds significance for the information sector as it is primary inf...
Explore More
Blog
First-party, Second-party and Third-party Frauds – How to Stop them?
Most businesses don’t lose customers because of poor services but due to weak security measures. ...
Explore More
Blog, Fraud Prevention
Data Breaches in 2019 – A Year in Review
Stepping into 2020, the year 2019 has been on the rollercoaster in terms of security breaches. Da...
Explore More
Blog
UK’s On-Demand Culture – Building Trust & Security with Digital ID Verification
People across the world are spending more time on the internet ever since the pandemic struck the...
Explore More
Blog
Metaverse and Money Laundering – How Shufti’s AML Screening Helps
For quite some time now, the world has been preparing itself for the latest development in multip...
Explore More
Blog
NFC Verification – Making Digital Payments Mainstream from Alternative
With time, payment methods have evolved from coins to paper-based money, then plastic, and now sm...
Explore More
Blog
Difference between KYC and AML
The growing Fintech industry leads to an increased demand for KYC and AML compliance requirements...
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...
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...
Explore More
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...
Explore More
Blog, Business Technology
What Due Diligence Means for Your Business
Due diligence is a process that helps banks and individuals to get to know in detail who they are...
Explore More
Blog
Know Your Patient (KYP) | Significance in Fighting Patient Identity Theft & Scams
The global medicare industry is a common target for fraudsters looking to gain access to patients...
Explore More
Blog
AML Compliance – Korean Crypto Exchanges Join Hands to Fight Money Laundering
Cryptocurrency has been notoriously criticised for money laundering and other illicit activities ...
Explore More
Blog
Enhanced Due Diligence Vs. Customer Due Diligence – The Practical Approach to Counter Cybercriminals
The nature of digital operations is changing, and users are now preferring to use remote services...
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...
Explore More
Blog
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...
Explore More
Blog
Top 4 Reasons that will Increase Money Laundering Risks in 2022
Unlike other frauds, like like tax evasion, drug trafficking, extortion, and misappropriation of ...
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 ...
Explore More
Blog, Identity & KYC
4 Ways in which KYC for STO can Revolutionise the Crypto World
The year 2019 is expected to see a significant rise in STOs and have been called the future of bl...
Explore More
Blog
Top 5 Challenges in Online Identity Verification
The online ecosystem of identity management is more dynamic than ever before. It’s a flexible and...
Explore More
Blog, Financial Crime / AML, Identity & KYC
5AMLD: Implications for Cryptocurrency
What is 5AMLD?
As part of the Action Plan against terrorism, the 5th Anti-Money Laundering Direct...
Explore More
Blog, Reg Tech
GDPR Phishing Scams – A Novel Trap to Scoop up Information
General Data Protection Regulation (GDPR), an EU regulation comes into force on 25 May 2018 and a...
Explore More
Blog
Digital KYC to Trace and Tackle High-Risk Customers
Customers are the assets and building blocks of any business. Customers are responsible for takin...
Explore More
Blog
Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties
For multinational businesses, reliance on external third-party vendors is crucial. However, failu...
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...
Explore More
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...
Explore More
Blog, Online Marketplace
Document Verification Services for a Secure Freelance Platform
Picture this you have recently started a freelance website you have marketed it properly and foll...
Explore More
Blog
Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook
Financial services have always played a vital role throughout the entire history of advanced huma...
Explore More
Blog
CDD in Real Estate Sector – How to Comply With Updated Regulations
When it comes to investing funds, real estate is considered the safest sector to invest in becaus...
Explore More
Blog
Gambling Regulations in Germany Lay Ground for Robust Player Verification
User engagement towards digital platforms has been growing at an exponential pace for the past fe...
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...
Explore More
Blog
Building Trust in Health and Telemedicine Services With Shufti’s Facial Biometric Verification Solution
Telecommunication technology in the healthcare industry is already widely used and is expanding t...
Explore More
Blog
Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection
Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...
Explore More
Blog
Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021
On 16 July 2021, the US Financial Services Task Force on Artificial Intelligence held a virtual h...
Explore More
Blog
Affiliate Fraud Detection | How to Prevent it in 2024
Affiliate marketing is growing at an exceptional rate, worth $17 billion by the end of 2023, and ...
Explore More
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 ...
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...
Explore More
Blog
KYC/AML Compliance – A Safeguard Against Money Laundering in the NFT Market
The instability in the non-fungible token (NFT) sector can be seen in the record sales of $25 bil...
Explore More
Blog
Biometric Authentication – How Do Fraudsters Try to Bypass These Checks?
Biometric authentication is one of the ideal ways of dealing with fraudsters. Unfortunately, crim...
Explore More
Blog, Online Marketplace
Fraud Protection services for Online Retail Businesses
Online Marketplace faces Chargeback issues
Fraud Protection Services are an integral part of reta...
Explore More
Blog
Politically Exposed Person – An unsaid threat to Businesses
A politically exposed person or PEP is the one who has been assigned to perform prominent public ...
Explore More
Blog
Risk Assessment: Building Trust in Crypto Exchanges
Other than following AML and KYC laws, crypto exchanges have a huge responsibility on their shoul...
Explore More
Blog
Fintech Compliance – Boogeyman for Trillion Dollar Industry?
Fintech industry is flexing its muscle by bringing onboard more and more customers and innovating...
Explore More
Blog
5 Frauds in the Education Sector and How They Can be Prevented
Educational institutions have become an attractive target for cybercrime attacks in recent years....
Explore More
Blog
Securing Business Operations with Risk Assessment
The increasing connectivity and dependence of the world on technology have led to a rise in sophi...
Explore More
Blog
e-IDV: Safeguarding Businesses and Customers in the Digital Age
Identity theft cases are on the rise in this age of digitisation. In 2022, India topped the list ...
Explore More
Blog
Legal Entity Identifier (LEI) — What it means and how it helps financial institutions?
The need for trusted digital communication in this age is crucial due to increasing cybercrimes. ...
Explore More
Blog
Combating Money Laundering Threats in the Art and Antiquities Sector Through AML Screening Solutions
With transforming technologies and growing digitization, the global art industry has also embrace...
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...
Explore More
Blog, Business Technology, Financial Crime / AML, Identity & KYC
AML Technology Eradicating the Perils of Money Laundering
In the past few years, we have seen a substantial increase in the number of legislations regardin...
Explore More
Blog, Identity & KYC, Online Marketplace
How KYC for ICOs can Make Cryptocurrency Great Again?
Give people a mode of money transaction free from banks. That was the thought behind cryptocurren...
Explore More
Blog
5 RegTech Applications That Will Govern the Financial Regime in 2021
RegTech, short for Regulatory Technology, is the subset of FinTech which bridges the gap between ...
Explore More
Blog
Synthetic Identity Fraud: Fake Identities for Criminal Activity
An increase in financial crime has been predicted by economic downturns during the previous two d...
Explore More
Blog
Biometric Authentication Technology – Everything you Need to Know
Nowadays businesses are looking for more secure systems for the sole reason of customer authentic...
Explore More
Blog
Enhancing Workplace Safety: The Role of Employment Screening
Recruiting new hires can often be a daunting task, as it is a time-consuming and work-i...
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...
Explore More
Blog
Know Your Patient – Balancing Security, Customer Experience and Compliance in the Healthcare Sector
As the healthcare industry continues to offer life-critical services while making efforts to impr...
Explore More
Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC
AML Compliance in EU Member States and Risks of Businesses
Making regulations is just the first step, the true game starts when it comes to implementation, ...
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...
Explore More
Blog
A Brief Insight into Safe Havens for Russian Oligarchs
The recent Russia-Ukraine conflict has sparked the West to impose sanctions targeting the Russian...
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, ...
Explore More
Blog, Online Marketplace
ID Verification – Fraud Prevention in Online Gambling Industry
By its very nature, gambling is quite risky. Add to it the potential for fraud that it attracts, ...
Explore More
Blog
EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes?
From the Panama papers, Paradise leaks and Danske Bank case to the most recent revelations about ...
Explore More
Blog, Fraud Prevention
Credit Card Frauds- How Can You Prevent It?
Ever since credit cards were introduced, credit card fraud has been elevating. One needs to stay ...
Explore More
Blog
Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties
For multinational businesses, reliance on external third-party vendors is crucial. However, failu...
Explore More
Blog
Know Your Players: Why KYC is Necessary for Gaming and Gambling
The post-COVID-19 era has witnessed a remarkable surge in the e-sports and gaming sectors. This t...
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...
Explore More