Verify Like a Local: Identity in Nigeria

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Blog, Online Marketplace
Five major Nordic banks have formed a partnership to establish a company that will compile a cent...
Blog
Financial Action Task Force (FATF) President Xiangmin Liu, chaired the first meeting from 16-18 O...
Blog, Business Technology, Identity & KYC
Remote identity Proofing: generally believe that more customers bring more revenue. But that is ...
Blog
Since knowledge-based authentication and passwords were first introduced, security systems in ban...
Blog
Fintech industry is flexing its muscle by bringing onboard more and more customers and innovating...
Blog
As the demand for digital products and services has skyrocketed, so does the need for verificatio...
Blog
In today’s world where the distances have been reduced considerably with the advancement of techn...
Blog
Online gaming has become more popular since COVID-19. The pandemic forced people to stay indoors,...
Blog
Customer due diligence sometimes tests the nerves of strategists and compliance officers. With mu...
Blog
When businesses brainstorm ways to scale, they generally think about focusing more on sales. Howe...
Blog
KYC & AML Compliances are not being upheld by almost 68% of the cryptocurrency exchanges arou...
Blog
Increasing smartphone usage throughout the world has accounted for large amounts of data being sh...
Blog
The growing adoption of smartphones has naturally spurred sharing of personal data. From providin...
Blog
In this age of digitisation, banks and other financial institutions face a high risk of money lau...
Blog
Today, biometric technology has traditionally established itself and has become an integral part ...
Blog
The International ID Day is not marked on everybody’s calendar but is of significant value for ma...
Blog
Optical Character Recognition (OCR) technology provides a business solution that automates data e...
Blog, Identity & KYC
If you are an organisation that is based in the EU or are doing business with companies in the EU...
Blog
The first impression is what counts most when it comes to customer-oriented services. Banks and f...
Blog, Identity & KYC
Customer identification is not an option for some businesses, it’s a must. Ignoring due diligence...
Blog
From widespread layoffs to the urgency of hiring as soon as possible, the job market has drastica...
Blog, Business Technology
Verify identity: The whole world lives online now. Yes, that’s an exaggeration but we are gradual...
Blog
Banks are thought to be the most important part of the financial system, playing a vital role in ...
Blog
Regulators levy penalties when compliance programs fail or companies have insufficient compliance...
Blog
Airlines were particularly negatively impacted by the Covid-19 pandemic, and the situation was fu...
Blog, Fraud Prevention
The Need for Fraud Prevention As technology has evolved over the years, the way we do business ha...
Blog
The UAE is the Middle East’s rapidly growing cryptocurrency hub that is experiencing a heated-up ...
Blog
Non-fungible tokens (NFTs) are an evolution over the emerging concept of cryptocurrencies. As fin...
Blog
With revolutionary technologies and growing digitization, the digital version of artworks known a...
Blog
The transportation industry is in the phase of significant disruption, redefining its services an...
Blog
Over the past few years, the financial industry has witnessed significant technological changes, ...
Blog
Recruiting new hires can often be a daunting task, as it is a time-consuming and work-i...
Blog
Bitcoin ATMs are everything an ATM is and isn’t. The world of finance and banking has chang...
Blog
With over 100 fraud and identity companies operating worldwide, you might assume that something l...
Blog
The striking surge in theft and fraud through digitisation is a growing concern for many business...
Blog, Identity & KYC
KYC verification has come a long way from simply authenticating the official identity documents o...
Blog
A key component of enhancing customer service and reducing fraud is gathering and validating addr...
Blog, Financial Crime / AML, Fraud Prevention, Identity & KYC
What is FinTech? Financial technology, known more commonly as FinTech, is a term that refers to t...
Blog
In the highly digitized world, businesses are partnering with each other to serve mutual interest...
Blog, Financial Crime / AML
Canada’s AML regulations changed a lot in 2019. More rigid AML regulations are imposed on all typ...
Blog
Where does the cash come from? The country’s central bank authorises the printing of paper ...
Blog
The strong link between money laundering and the real estate industry is becoming a global concer...
Blog
A few years back, startups related to ICOs (Initial Coin Offerings) were in full swing, driving t...
Blog
With the introduction of facial recognition, authentication has never been faster or more conveni...
Blog
Non-compliance with anti-money laundering regulations has been an issue for the finance and crypt...
Blog
Anti-money laundering (AML) laws are the primary target of regulatory authorities. These regimes ...
Blog
The International ID Day is not marked on everybody’s calendar but is of significant value for ma...
Blog
The stability of the global economy is at risk pertaining to the rapidly growing issues of money ...
Artificial Intelligence, Blog
Criminals and organized crime groups have become creative and sophisticated in concealing sources...
Blog
Maintaining the accuracy of customer data presents a considerable challenge. Automating it has tr...
Blog
Businesses were looking for more robust and remote ways of verifying the identities of customers ...
Blog
The real estate industry is in dire need of identity verification processes. The reason being, th...
Blog
Technology has definitely made life convenient but comes with a gazillion concerns from anyone wh...
Blog
Cleaning black money has always been the incentive behind every financial crime. Owing to this fa...
Blog
The world is now moving towards digitisation at a faster pace than ever. The payment systems have...
Blog
Customer identity verification is significant in today’s digital world – from buying produc...
Blog
Identities change as the world goes more digital. As more activities, like banking, socialising, ...
Blog
The pandemic disrupted operations in the banking sector and the criminal activities significantly...
Blog
With 2022 just around the corner, new developments in cybersecurity are already beginning to take...
Blog, Identity & KYC
Digital KYC Services for US based customers are in debt of Real ID Act as it streamlined the proc...
Blog
Business relationships always come with associated risks that require carefully implemented measu...
Blog
Seems like Buy Now Pay Later (BNPL) services have taken the world by storm, with 360 million user...
Blog
Businesses that offer their services to other businesses, instead of individual consumers, have t...
Blog, Financial Crime / AML
Shufti has now launched AML compliance in its set of identity verification services to provid...
Blog
Due to the coronavirus pandemic, tourism has been adversely affected and the entire travel sector...
Blog
Companies face the daunting tasks of securing their data against the evolving threat of fraud whi...
Blog, Online Marketplace
The affliction of cybercrimes and online frauds has reached such high proportions that the cost o...
Blog
In 2020, US citizens alone donated more than $471 billion to charities. This generosity ultimatel...
Blog
In this tech-driven world, perpetrators and organized crime groups are adopting sophisticated met...
Blog
In recent years, Non-Fungible Tokens (NFTs) have gained global attraction from individuals as wel...
Blog, Online Marketplace
Have you ever had those series of events that leave you shaking your head? That makes you believe...
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