Blog
Navigating the New Era of Customer Identity: Strategies for Compliance Professionals
Introduction
The identity verification and authentication landscape is undergoing a rapid transfo...
Explore More
Blog
The Top 10 Advantages of OCR for Business Owners
In our current data-driven and digital world, many organisations struggle with vast quantities of...
Explore More
Blog
KJM Age Restrictions Breaking New Grounds for Gaming Industry
Minor protection has become a challenge for everyone these days. Parents are worried about the ty...
Explore More
Blog
Enhance Time Efficiency with Shufti’s KYC Solution
The Past
Quick and secure e-KYC verification might not have been of importance in the days prior ...
Explore More
Blog
5 Key Cybersecurity Threats for 2020
Cybersecurity threats have become remarkably common and they continue to gain traction with the p...
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.” ...
Explore More
Blog
Biometrics identity verification system – a masterstroke in verification market
The biometrics identity verification system determines the resemblance of an individual by compar...
Explore More
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 ...
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
Intelligent Security Systems & Digital ID Verification
Most technology solutions present a compromise between convenience and security to their users. I...
Explore More
Blog
Understanding UBOs: A Critical Component in Enhancing Security in the Financial Sector
Regulated entities must be aware of who they are interacting with. Validating the real identities...
Explore More
Blog
Combating Identity Theft in On-Demand Services with Shufti’s KYC Solution
Transition is the only thing that is inevitable in the universe. Every passing day is changing ou...
Explore More
Blog, Identity & KYC
10 Quick Tips Regarding Identity Theft Protection
Identity fraud has grown substantially in the past two decades, and unfortunately, it is here to ...
Explore More
Blog
Digital customer onboarding – Revamping onboarding process in banks
The first impression is what counts most when it comes to customer-oriented services. Banks and f...
Explore More
Blog
KYC/AML Compliance – A Roadblock for Money Mules and Illicit Fund Transfers
Cybercrimes are becoming increasingly complex and diverse in the era of digitization, with frauds...
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
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
Implementing Robust Anti-Money Laundering Checks for the Insurance Sector
Insurance companies play a decisive role in the considerable growth of an economy. It turns accum...
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...
Explore More
Blog
Facial Recognition | The Principles of Responsible Use and the Legal Landscape
One of the most popular uses of AI nowadays is facial recognition. In all likelihood, it’s ...
Explore More
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...
Explore More
Blog
Know Your Investor (KYI) – Identifying and Eliminating Russian Sanctions Evaders
For quite some time, wealthy Russian businessmen and oligarchs have been investing their money in...
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
10 Fraud Signals Every Industry Must Monitor
Gone are the days when businesses paid attention to customer verification only. Today, organizati...
Explore More
Blog
How can AML play a role to impede the financing of terrorism?
Money Laundering and Terrorism Financing are global issues and there is no dispute regarding it. ...
Explore More
Blog
Effective Sanctions Screening | A Guide for Compliance Professionals
Sanctions are crucial in combating financial crimes and maintaining national and international se...
Explore More
Blog
Digital Identity Verification for Open Finance & FinTech Platforms
Financial applications in the modern world have been sub-categorized into open and closed banking...
Explore More
Blog
FATF’s Travel Rule: A New Dawn of Regulations for Virtual Asset Services
Here at the start of 2021, there is much uncertainty regarding the coronavirus situation, whether...
Explore More
Blog
What are chargeback frauds and what do they mean for businesses?
The world we live in no longer seems to be honest and fair. A large number of individuals are par...
Explore More
Blog
High-Risk Customers in Banking and How EDD Can Help Identify Them
In this age of digitisation, banks and other financial institutions face a high risk of money lau...
Explore More
Blog
Online Identity Verification – The Hallmark of Surviving the Digital Upheaval
Embracing the digital world seems like entering uncharted waters where the challenges are novel, ...
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
KYC in banking: How American banks can fight identity thieves?
In the present globalized, fast-evolving sphere, revolutionizing KYC (Know Your Customer) is cruc...
Explore More
Blog
How Age Verification Protects the E-commerce Industry From Potential Risks
Online shopping has become the new normal since the COVID-19 pandemic struck. With digital produc...
Explore More
Blog
Face Spoofing & Liveness Bypass: The Real Threat to Facial Recognition
With the introduction of facial recognition, authentication has never been faster or more conveni...
Explore More
Blog
Securing Cryptocurrency Sector and Fighting Financial Crimes With Shufti’s AML Solution
A decade ago, digital currencies were an academic concept, largely unknown to the world’s general...
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
UK’s FIU Issues New Guidelines for Suspicious Activity Reporting
The UK’s Financial Intelligence Unit (UKFIU) has issued new guidance in August 2021. The latest i...
Explore More
Blog
An Insight Into AML Compliance Concerns Amid Russia Sanctions
With Russia’s attack on Ukraine, the international financial landscape is facing concerns of comp...
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
Identity Proofing – 7 Reasons Why Businesses Need it Now!
Modern-day cyberspace has effortlessly diminished the boundary between the real-life and digital ...
Explore More
Blog
Employee Verification – First Line of Defence Against Corporate Fraud
One day you wake up to the fact that the employee you’ve been trusting for years has been embezzl...
Explore More
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...
Explore More
Blog
The Shufti Difference: Speed, Security, and Fairness Without Compromise
With over 100 fraud and identity companies operating worldwide, you might assume that something l...
Explore More
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...
Explore More
Blog
Banking Scams: Top 5 Predictions and How to Stay Safe in 2023
The most recent fraud statistics will make you uncomfortable.
Fraud cases are rising – relentless...
Explore More
Blog
6AMLD of EU – A detailed insight
European union’s another anti-money laundering directive is in the pipeline. And this time the un...
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
The Reality Behind Money Laundering through Environmental Crimes
Environmental crimes are among the most prevailing and profiting offenses present in the world. C...
Explore More
Blog
What To Consider When Implementing Forensic Document Verification Services
As the demand for digital products and services has skyrocketed, so does the need for verificatio...
Explore More
Blog
AML Compliance for Money Service Businesses (MSBs) – How Shufti’s AML Screening Helps
Money laundering has spread like a virus in today’s globalized society. Banks and other fin...
Explore More
Blog
KYC & AML Regulations in the UK: An Ultimate Guide
Financial crimes have been around since the invention of money. Some argue that their origins are...
Explore More
Blog
Trade-Based Money Laundering – How Shufti’s AML Screening Solution Helps
International trading instruments have significant features that are making them potentially attr...
Explore More
Blog
Addressing Regulatory Compliance in Online Gambling with Effective AML Screening
The internet is a key risk element for gambling because it gives the user a sense of obscurity, t...
Explore More
Blog
Enhancing security in the cryptocurrency world with KYC verification
Almost 20 years after the legislation on combating money laundering, regulators around the world ...
Explore More
Blog
Phishing Attacks and the Role of Two-Factor Authentication
In today’s digital world, almost everything we do is on the internet, be it for official purposes...
Explore More
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 &...
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...
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
Blog
AML Screening – Identifying Financial Criminals in the Art & Antiquities Sector
There is no doubt in the fact that art and antiquities are one of the sectors responsible for bil...
Explore More
Blog
5 Features of the Best Transaction Monitoring Solution
Criminals are continuously devising sophisticated strategies to launder illegally-acquired money....
Explore More
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...
Explore More
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...
Explore More
Blog
Crypto KYC: A Growing Need for Industry Regulation
The recent development of cryptocurrencies has resulted in a new era of financial transactions th...
Explore More
Blog
How Shufti’s KYC Solution Can Ensure Compliance For Call Centers Fighting Crime
With emerging technologies and rapid digitization, the world is relying on the web and a variety ...
Explore More
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...
Explore More
Blog
The Importance of Online Address Verification in E-Commerce
The rise of digitisation has given hackers more means to surpass security systems and conduct hig...
Explore More
Blog
Securing Digital Landscape with Electronic Identity Verification Services in 2023
With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...
Explore More
Blog, Identity & KYC
Biometric Identification is On the Rise in Education Sector
An acceptable method of identification i.e. biometric technology is hitting the education industr...
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...
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
KYC, KYB & KYT Tying the Loops for Identity Verification
Digital fraudulent activities are rising with every passing day, businesses are adopting reactive...
Explore More