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Shufti donates 10 million free ID verifications to help fight fraud amid COVID-19
Coronavirus took the world into clutches forcing people to adopt isolation and businesses are com...
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Blog
A Brief Insight into the AML and CFT Framework of Thailand
Thailand has become quite a popular and well-reputed financial hub, attracting investors worldwid...
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Blog, Identity & KYC
Know Your Customer with Video Proof
Know your Customer (KYC) verification with Shufti, which is becoming a recognised name in the...
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Prevalent Crimes in Forex Industry – How Shufti Can Help in Mitigating Financial Crimes
Emerging technologies and digitization are transforming the investment sector, creating opportuni...
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Customer Risk Assessment: Strengthening Security in the Digital Age
Business partners, vendors, and third parties play essential roles in daily operations, contribut...
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AML and KYC Compliance – Big Data Optimising the Regulatory Landscape
Today, different sectors face an influx of user data that they need to process and analyse. To de...
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UAE Government Stepping Up Against Prevalent Crimes
The UAE is known for being home to flourishing businesses and providing a significant level of fi...
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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
A Brief Overview of the RegTech Industry [2022 Update]
The rising financial crimes have raised concerns of global regulatory watchdogs giving rise to Re...
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Blog
Top 10 Identity Verification Trends to Look Out for in 2022
Did you know identity fraud is growing at a faster than ever rate? Businesses across the globe ar...
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Blog, Identity & KYC
Common Online Scams You Need to Know About
The explosion of the internet and the world moving towards the fourth industrial revolution have ...
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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...
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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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Fighting identity fraud with AI-enabled ID document verification
It’s no secret that identity fraud has become one of the most increasing problems for online busi...
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Blog
Age Verification Laws and Regulations Worldwide
The world has become increasingly digital, making it easier to access age-restricted products, se...
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Blog, Identity & KYC
How Real ID Act enables Digital KYC Services for US Customers?
Digital KYC Services for US based customers are in debt of Real ID Act as it streamlined the proc...
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Blog
Biometric Authentication is Smart but AI Makes it Smarter – Here is How
In the ongoing digital age security is a top priority concern of any organization. Data is a maj...
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Blog
Brazil to Launch CBDC: Its Impact on Financial Firms and How KYC/AML Can Help
Where does the cash come from? The country’s central bank authorises the printing of paper ...
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Risk Assessment and Management | Why do Businesses need it?
B2B partnership always carries risks that must be managed whilst staying compliant. Business part...
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Blog
The Evolution of Video KYC: Revolutionise the Fintech Industry
FinTech encompasses financial organisations’ use of computing and communications tools to b...
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Blog
China’s Data Protection and Privacy Laws | 2023 Update
China has witnessed massive growth in the last few decades. However, the rise of the digital econ...
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Blog
5 types of identity theft fraud and How businesses can prevent it?
Online identity theft has the fastest growing crime rate in the world. According to a report, onl...
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Blog
KYC in 2021 – Shaking Things Up in the Financial World
Despite the considerable investments made by industry leaders, KYC is still a challenge in the fi...
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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...
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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
Shufti’s Bug Bounty Programme: Strengthening Security Via Ethical Hacking
With the avalanche of security vulnerabilities in the verification industry, Shufti is launch...
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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 ...
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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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Artificial Intelligence, Blog
Knowledge Based Authentication a Thing of Past
If you are wondering what is knowledge-based authentication or KBA, let me ask you a question, ‘w...
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Blog
Addressing AML Compliance Challenges with a Risk-based Approach (2023)
Regardless of how big or small a company is, the after-effects of Covid-19 and the global financi...
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Biometric Technology, Blog
Warning: You’re Losing Money by not Using Biometric Identification
On the surface, Biometric Identification might seem as if it’s only useful for opening your bank ...
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Anti Money Laundering, Blog, Reg Tech
RegTech facilitates effortless AML Compliance
The latest report by Research and Markets states that RegTech industry is expected to grow...
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Blog
A Basic Guide to Smurfing and the Role of AML in Combating It
Scammers employ various strategies to conceal illegally acquired funds, and one increasingly prev...
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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, Online Marketplace
Why Millennials don’t care about Conventional Banking Services?
Millennials are different from the baby boomer generation. They earn less than what the previous ...
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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 ...
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Blog
10 factors shaping the identity verification industry in 2020
The identity verification industry is expected to grow steadily during the forecast period, reach...
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Blog
EDD in Banking: Going Beyond CDD to Establish Trust in the Digital Age
With technological advancement, hackers are also becoming smarter to bypass verification processe...
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Blog
Transaction Monitoring – Establishing A Defense Mechanism Against Financial Crime
With the rapid increase in the global volume of monetary transactions, money laundering methods a...
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Blog, Identity & KYC
Enhanced Due Diligence: Ensuring KYC and Regulatory Scrutiny
Enhanced Due Diligence: The adoption of innovative solutions in businesses today, should not have...
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Blog
Initial Art Offering – Everything you need to know about it
Initial Art offering is an innovative way to support artists and their brilliant art without worr...
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Blog
Kaseya Ransomware Attack – How to Protect Your Organization from Cyber Risks
Did you know that by 2021, a ransomware attack is projected to occur every 11 seconds, costing co...
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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...
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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, Identity & KYC, Online Marketplace
Age Verification – Does Your Business Need It?
Several businesses are unaware of the significance that age verification holds for their business...
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Blog
Fintech Compliance – Boogeyman for Trillion Dollar Industry?
Fintech industry is flexing its muscle by bringing onboard more and more customers and innovating...
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Blog
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
Detecting & Preventing KYI Fraud | A Deep-Dive into 2023 Investment Scams
Businesses need to bring on reliable partners and investors who can contribute to growth, provide...
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Blog
5 Best Practices to Combat Identity Fraud on Social Media Platforms
Social media has demonstrated extraordinary growth in the past decade as a result of improvements...
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Strategic Evaluation and Elimination of Money Laundering in Real-Estate Sectors
The exchange of illicit money through real estate has been the most commonly encountered method o...
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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
Eradicating Financial Crimes in Online Gambling using NFC Verification
Emerging technologies have altogether revolutionized the online gambling industry and instead of ...
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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
Merchant Onboarding – Evaluating the Best Practices to Onboard Risk-free Partners
Partnering with the right people who can actually help your business grow is quite a tedious task...
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Blog
Age Verification: Data Privacy and User Protection
In recent years, there’s been a lot of speculation surrounding the issue of whether or not ...
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Blog
CFT & AML Compliance To Hold Back Financial Crimes
In this digital era, many factors are greasing the wheel of money laundering. Due to online trans...
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Blog, Fraud Prevention
6 Steps of Online Fraud Prevention for Businesses
With the rapid development in the online retail industry and banking industry, there is an increa...
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Blog
6 Ways Identity Verification Will Unlock Digital Transformation in Airlines
Airlines were particularly negatively impacted by the Covid-19 pandemic, and the situation was fu...
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Blog
Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector
Banks are considered a subset of the financial services industry and play the most crucial role i...
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Blog, Online Marketplace
How Identity Verification Makes Remote Account Opening Efficient for Banks
Banks have a lot to benefit from the remote account opening service as it allows them to bring a ...
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Blog
Proof of Income: The Most Common Types of Documents Used to Determine a Client’s Financial Status
Proof of income is a vital requirement in many financial and professional contexts. Recently, the...
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Blog
Curbing Financial Crimes and Securing Art Market With Shufti’s AML Screening Services
The global art industry is embracing digitization. However, the technological advancements and a ...
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Blog
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
Know Your Player | Onboard Verified Gamers and Scale Globally
In today’s digitised gaming world, player verification stands as a cornerstone for onboarding leg...
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Blog
AML Compliance in High-End Vehicle and Yacht Sales
High-end vehicles and expensive properties are the universal status symbols that represent the ex...
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Blog
Know Your Investor | Understanding Which Investors to Onboard
Investor onboarding is regarded as one of the most critical stages of the business’s lifecy...
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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
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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Anti Money Laundering, Blog, Reg Tech
RegTech facilitates effortless AML Compliance
The latest report by Research and Markets states that RegTech industry is expected to grow...
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Blog
Risks of Vaccine Verification Apps & What IDV Industry can Offer
COVID-19 has brought enough changes to make the world smarter. Businesses and customers migrating...
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Blog
Navigating the New Era of Customer Identity: Strategies for Compliance Professionals
Introduction
The identity verification and authentication landscape is undergoing a rapid transfo...
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Blog
Top 5 Non-banking Industries in the Crosshairs of Financial Criminals
The first half of 2021 saw significant disruption in the financial world as traditional criminal ...
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