Blog
Hazards of Ransomware are real for Cryptocurrency Miners
Cryptocurrency may well be the future of economic landscape and it has the potential of taking th...
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AML Compliance in the Insurance Sector – Red Flags to Look Out For
The insurance sector commonly faces criminal activities like money laundering and terrorist finan...
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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...
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Blog, Online Marketplace
7 Identity theft protection practices for Business and Recuriters
Identity theft is now no more a cause of concern for the individual users only as corporations an...
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Blog
How Global AML Regulations Safeguard Financial Processes from Money Laundering
Growing a business in any part of the world requires effective AML compliance measures as a neces...
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A Fintech’s Journey to 100% Compliance and Rapid Growth
My EU Pay, a specialist payment institution serving hundreds of business customers in the U.K. an...
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Blog
Top 5 Digital Banking Trends to Look Out for in 2022
2021 was fundamentally geared towards surviving the pandemic and its aftermaths. The pandemic-acc...
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Blog, Financial Crime / AML
AUSTRAC tightens regulations for enhanced AML Compliance
Australian regulator AUSTRAC has imposed a multi million dollar fine on Commonwealth Bank of Aust...
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Blog
A Brief Overview of the Cryptocurrency Landscape in the US and Canada [2022]
The adoption of cryptocurrency throughout the world has ignited the launch of new markets and reg...
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Biometric Technology, Blog
Online Facial Recognition Could Drive a New Wave of Digital Transparency
Online facial recognition is a much less explored territory when it comes to online identity veri...
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Blog
e-IDV | Electronic Verification Checks For Ultimate Fraud Prevention
The first paper-based photo identity document was in May 1876, developed by William Notman for th...
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Blog
How ID Verification Helps in Fighting Digital Scams?
ID VERIFICATION: Digital scams are common phenomena and it affects all types of businesses in eve...
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Blog
Fighting Deepfakes with Fool-Proofed Identity Verification Systems: How Shufti Can Help
Undoubtedly, 21st century is the most innovative time period in human history. With every passing...
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Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
Facial Recognition: Worries About the Use of Synthetic Media
In 2019, 4.4 billion internet users were connected to the internet worldwide, a rise of 9% from l...
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Blog
Two-Factor Authentication – A Firewall Against Social Engineering Attacks
Businesses and financial institutions around the globe often report concerns of financial crimes ...
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Digital Document verification – an efficacious method of ID card scanning
Businesses, banks, airports, social media platforms, e-commerce stores all need to be sure of the...
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Blog
UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance
The UAE is the Middle East’s rapidly growing cryptocurrency hub that is experiencing a heated-up ...
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Blog, Business Technology
Why is Libra Cryptocurrency The Most Trending Thing Right Now?
The universe of crypto revolves around an aversion to a central financial authority. The financia...
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Blog, Identity & KYC
Online Age Verification Keeps A Tight Rein On Minors
According to The Newyork Times, online age verification is a daunting task, even for experts. How...
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Blog
Top 13 Cybersecurity Predictions for 2020
Cybersecurity threats are ostensibly ubiquitous in this internetworking infrastructure. Internet-...
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Blog
Strengthening E-commerce Security with KYC Regulations
Facilitating customers to shop online, anytime and anywhere, eCommerce has revolutionised digital...
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Blog
A Brief Overview of KYC Requirements for Foreign Exchanges in EMEA
The forex industry is recognizable for being a dynamic and profitable platform due to its high li...
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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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Blog
Top 5 Industries that AI will Transform in 2021
Artificial intelligence is becoming a comprehensive and encyclopedic term to describe any innovat...
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Blog
How to Combat Document Forgery in 2023 and Beyond
As digitisation continues to change our world and daily practices at an exponential rate, crimina...
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Blog
OCR technology for businesses – Its applications and benefits
Optical Character Recognition (OCR) technology provides a business solution that automates data e...
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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...
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Blog
5 Ways AI Takes Document Verification to the Next Level
Data digitisation has made it accessible not only to legitimate users but also to cyber criminals...
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Blog
How E-KYC is Overcoming the Hurdles of Financial Inclusion
The challenges associated with the global pandemic have risen at a bewildering speed and yet ther...
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Blog
Covid Test Verification To Facilitate Tourism Worldwide
Due to the coronavirus pandemic, tourism has been adversely affected and the entire travel sector...
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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
Top 5 Reasons to Incorporate Identity Verification into Your Hiring Process
From widespread layoffs to the urgency of hiring as soon as possible, the job market has drastica...
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Blog
Romance Scams: Protect Your Heart and Wallet with Identity Verification
People searching for love online sometimes meet the unfortunate fate of a broken heart and someti...
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Blog
Business Verification: A new line of Defense against Fraudsters
With the ever-increasing complexities of anti-money laundering (AML) and counter-terrorism financ...
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Blog
FBO Accounts and Fintech – Securing Financial Operation with ID Verification
With global digitization, online financial services are becoming mainstream. Due to this, maintai...
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Blog
KYC screening vs One time passwords – what’s good for your business?
Customer due diligence sometimes tests the nerves of strategists and compliance officers. With mu...
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Blog
Crypto Regulations 2021 – What Digital Currency Providers Need to do
Cryptocurrency has been a hot topic ever since its advent in 2009. The ability to draw investor a...
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Blog, Financial Crime / AML, Identity & KYC
Fighting Financial Crime: Why KYC and AML Compliance Is Essential for the Global Finance Sector
Banks and other financial institutions are often the first line of defense against financial crim...
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Blog
UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance
The UAE is the Middle East’s rapidly growing cryptocurrency hub that is experiencing a heated-up ...
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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, Online Marketplace
How API-based Technologies Can Transform the Future of Online Marketplace
API Based Technologies: Application Programming Interfaces (APIs) are giving advanced ways of dig...
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Blog
An Insight into AML Compliance in the Financial Sector [2022 Update]
The increasing global attention towards anti-money laundering (AML) and countering the financing ...
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Blog
Major Fines in the Gaming and Gambling Industry and the Role of e-IDV
The outbreak of Covid-19 has changed how we do business. Many firms that used to operate physical...
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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. ...
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Blog
Identity Verification – Safeguarding Pharmaceutical and Controlled Substance Sales
With emerging technologies, the pharmaceutical industry has transformed significantly, and rapid ...
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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...
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Blog
Integrated Compliance Management – Mitigating the Regulatory Risks
Businesses operating in the financial sector often face organizational and compliance challenges....
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Blog
High-Risk Countries and The Significance of AML/CFT Regulations – How Shufti Can Help
Money laundering and terrorist financing are becoming a global concern. To overcome the risk of c...
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Blog
How Businesses Can Avoid Identity Verification Fraud in 2019?
With a bulk of customers using online services, businesses wish to digitise their operations and ...
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Blog
Dirty Funds & Tax Evasion – Can the Crypto Sector Be Safeguarded?
2021 has turned out to be another eventful year for the cryptocurrency sector. In just a span of ...
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Artificial Intelligence, Blog, Fraud Prevention
The Role of Artificial Intelligence in the Future Of Financial Fraud Detection
Until a few years ago Artificial Intelligence seemed like a thing from sci-fi movies. The whole c...
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Blog
Know your patient process explained [Under the GPhC’s guideline]
How to make sure that the patient qualifies for purchasing a restricted medicine?
Or
Someone re...
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Blog
Protect Your Bitcoin Business With KYC Compliance
Even with a lot of resistance to its use as a form of currency, Bitcoin and its blockchain techno...
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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...
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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 ...
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Blog
Understanding Digital Identity
What is Digital Identity?
In the digital world, your identity is made up of your p...
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Blog
5 Ways how IDV Provides an Active Defense Against Fincrime
Identity theft, account takeovers, and data breaches… The world has seen enough cybercrime ...
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Blog
Identity Verification entails a lot more than customer verification
Identity theft and digital fraud are on the rise. Cybersecurity is of essence for all the organis...
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Blog
The Priorities – FinCEN Issues First Governmentwide AML/CFT Guidelines
What is the Goal of FinCEN’s AML/CFT Priorities?CorruptionCybercrimeFraudProliferation FinancingT...
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Blog
Navigating the Changing Digital Finance Landscape 2023
The financial services sector has witnessed a rapid surge in the adoption of digital technologies...
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Blog
Enhanced Due Diligence – How to Identify and Deal with High-Risk Customers
Business relationships always come with associated risks that require carefully implemented measu...
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Blog
Wholesale or Retail CBDCs? Settling the Endless Debate
The world is now moving towards digitisation at a faster pace than ever. The payment systems have...
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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
Modern Financial Management: The Role of KYI in Safeguarding Businesses
With our digital ecosystem being full of threats, there is a significant possibility that the qua...
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Blog
Industries that Need Digital Identity Verification and Why?
With continuous improvements in technology, different industries of the world are streamlining th...
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Blog
Biometrics technology a key to key-free world
In 2016, the biometric market in the United States reached $3.52 billion U.S Dollars and is expec...
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Blog
Anti-Smurfing Solutions | Safeguard Your Business Against Money Laundering Risks
Businesses are under constant threat of financial damage. This is primarily because cybercriminal...
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Blog
Romance Scams: The Dark Side of ChatGPT and How to Stay Safe
The voice one hears on the other end of a telephone call may not be an earthling, the person one ...
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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
Strengthening digital businesses with online age verification
It is projected that by the end of 2021, 2.4 billion will buy products and services online, up 46...
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Blog
FinTech and FinCrime – The Global Regulatory Landscape
Also known as financial technology, FinTech is now among the fastest-growing industries. This sec...
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Blog
COVID Certificate Verification – Mounting Cases of Worldwide COVID-19 Fraud
Where the coronavirus pandemic has been all about social safety protocols and vaccine distributio...
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