Blog, Fraud Prevention
4 Fraud prevention tips that you must follow this Holiday Season
The holiday season is around the corner and it is the time of the year when online shopping and m...
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Blog
Age Verification Service – How Businesses can Identify Underage Visitors in Real Time?
When it comes online retail, one has to know that in such an age of fast-moving technology and in...
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Blog
KYC Verification – Defeating Anonymity on Social Media Platforms
In the introductory phase, social media platforms were merely a small part of the internet where ...
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Blog, Online Marketplace
How crucial is AML/CFT Compliance for Hong Kong based Businesses?
Hong Kong serves as financial hub of trade and financial industry especially due to its strategic...
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Blog, Financial Crime / AML
AML Rules for Virtual Currency and Legal Sector – FATF 2019
Financial Action Task Force (FATF) is an inter-governmental regulatory authority. It was founded ...
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Blog
FATF’s Stance on Digitizing FIUs and Adopting A Risk-Based Approach for VAs
The Financial Action Task Force (FATF) is tirelessly working to guide Financial Intelligence Unit...
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Blog, Reg Tech
Shufti GDPR Review 2018: How we protected our clients from regulatory fines?
Shufti stands out in KYC industry not only because of its highly customizable and global iden...
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Blog
Pension Fund Fraud and the Role of Employee Identity Verification
Old age is the scariest phase of life for everyone and organisations find it a big challenge to c...
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Blog
Online Age Verification Service: Children’s Digital Privacy amid COVID-19
The meteoric rise in the adoption of digital technology has influenced every phase of modern huma...
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Blog
The Truth Around DeFi Compliance – Bridging the Transparency Gap
Financial markets around the world have seen increased popularity with the advent of decentralise...
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Artificial Intelligence, Blog
What are the 3 Stages of Money Laundering and How Can AML Checks Combat Fraud?
Criminals and organized crime groups have become creative and sophisticated in concealing sources...
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Blog
The Case Against Cryptocurrencies: Where is it Banned & What’s Causing the Crackdown?
Cryptocurrencies have long been viewed as the core of illicit activities by numerous governments ...
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Blog
EDD: Safeguarding Business Interests with Comprehensive Risk Mitigation
Traditional due diligence practices may not provide sufficient insights into higher-risk business...
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Blog
40 recommendations of FATF – Shaping the future of your business
Financial Action Task Force or simply FATF is an active global authority that never fails in surp...
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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...
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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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Artificial Intelligence, Blog
Why Artificial Intelligence Isn’t Taking Over—It’s Helping Us Thrive
Artificial Intelligence (AI) has transformed from a futuristic concept into a critical part of ou...
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Blog
Video-KYC – The ‘New Normal’ for Digital Customer Verification
The KYC requirements all over the world are getting stringent. ID document verification is a norm...
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Blog
The Real Cost of Convenience: Securing
E-Commerce in the Age of Instant Gratification
In just a few years, E-commerce has transitioned from a simple, modern convenience to the backbon...
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Blog, Fraud Prevention
What is Loan Fraud and How to Detect it?
Loan fraud simply means when someone uses your identity to illegally obtain a loan. The crime has...
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Blog
What is KYC and Why is it Important for Crypto Exchanges?
Cryptocurrencies are causing significant disruptions in the financial world. Cryptograp...
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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
The UK, US & Singapore – A Spotlight on the Crypto Regulations
Non-compliance with anti-money laundering regulations has been an issue for the finance and crypt...
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Blog, Identity & KYC, Reg Tech
RegTech: The Case for Financial Inclusion
The FinTech industry has grown tremendously in recent years, introducing both scale and efficienc...
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Blog
Indonesia’s First-ever Comprehensive Law on Data Privacy – the PDP Bill
Being the largest economy in Southeast Asia, Indonesia is experiencing enormous growth in the dig...
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Blog
Antiquities Market – A Conduit of Money Laundering and Terror Financing
Money laundering and terror financing through art and antiquities has been a concern of regulator...
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Anti Money Laundering, Artificial Intelligence, Blog
AI a Blessing – AML compliance cost reduced by $217 billion
The U.S. financial firms spend approximately $25.3 Billion in terms of compliance, risk managemen...
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Blog
7 Things Businesses Should Know About Online Face Recognition Solutions
One might be good at identifying faces. People find it a cinch to recognise a friend’s or f...
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Blog
Spreading Holiday Cheer with a Heartfelt Donation to Crisis UK
As the holiday season approaches, we often reflect on how we can give back to our communities. Th...
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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...
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Blog, Identity & KYC
Why You Need to Verify Identity Online
5 Unusual Ways Stolen Identities Can be Used Online
The need to verify identity in the digital sp...
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Blog
Sim Swap Fraud: A new battle in the war of your Identity
In our connected world, we are using mobile devices for communication, work, banking, and enter...
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Blog
Know Your Donor (KYD) – Customer Due Diligence For Charities and NPOs
According to DoubleTheDonation, 45% of worldwide donors are enrolled in monthly donation programs...
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Blog
The Importance of KYC and AML Compliance in the APAC Region
According to recent studies, over the past three years, more than ever, sanctions have been impos...
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Blog
April 2023 Recap: Major AML Fines and Key Events
With the world embracing digital transformation, scammers have adopted sophisticated strategies t...
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Blog
Reshaping Travel and Tourism with Instant Facial Recognition
Few technologies have sparked much debate as much as facial recognition. Today, it is considered ...
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Blog
Top 10 Technology Trends in the Travel Industry to watch for in 2022
The travel industry is one of the worst-hit sectors from the coronavirus outbreak, which disturbe...
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Blog
40 Surprising Facts and Statistics About Money Laundering [2021 Update]
Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...
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Blog
FinCEN Files – Banks abandoning front-line defenses against money laundering
Banks and financial institutions are under the continuous scrutiny of regulatory authorities, yet...
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Blog, Online Marketplace
How Mobile KYC will revolutionize the Digital World?
Mobile KYC is the next frontier in Identity Verification services allowing greater access to busi...
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Blog
Top 5 Cryptocurrency Trends to Look Out for in 2023
2022 has been one of the most turbulent years for the cryptocurrency sector. For starters, Bitcoi...
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Blog
Cybersecurity vs User Experience – Knowing the Art of Balancing
Several years of debate between cybersecurity and customer experience has driven most people craz...
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Blog
4 Ways How Technology Can Simplify KYC and AML Workflow Management
While the terms AML and KYC are used interchangeably, there is a huge difference between the two....
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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...
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Blog
Establishing a KYC/AML Compliance Regime for the FinTech Sector
Today, more than 60% of the financial institutions in the market consider Fintech startups to be ...
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Blog
5 Key Questions About KYC Compliance to Look Out for in 2021
With the COVID-19 pandemic bringing challenges every day for businesses, the rate of identity fra...
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Blog, Identity & KYC
4 Reasons Why Brokerage Firms Need ID Verification?
According to Steve Grobman, Chief Technology Officer for McAfee, “The digital world has transform...
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Blog
Shufti Beyond Borders – Customer Experience That Drives Results
About Stanton Brooks
Stanton Brooks is a global customer experience (CX) leader specializing in d...
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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
The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms
As the digital revolution takes hold worldwide, there has been an unparalleled surge in the adopt...
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Biometric Technology, Blog
4 Reasons why Facial Recognition is Better at Biometric Verification than Fingerprint Scans
Biometric verification is smartphones was introduced nearly five years ago when iPhone launched i...
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Blog
A Detailed Insight Into Canadian Gambling Industry [2022 Update]
Even though Canada is not among the world’s gambling capitals, this business thrives there. The c...
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Blog
Securing Digital Payments and Mitigating Financial Crimes Through AML Screening Solutions
The promise of payments technologies is being realized. Consumers are executing frictionless paym...
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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
How Does Digital Identity Verification Work For Income Verification
With the help of income verification documents, organisations can restrict the onboarding of high...
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Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC
Know Your Business-Pillar of Strength To AML Regulations
Moving in the world of technology, where every industry is going digital, there has been very les...
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Blog
A Statistical Analysis of Prevalent Crimes in the Global Financial Industry – [2022 Overview]
Over the past few years, the financial industry has witnessed significant technological changes, ...
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Blog
AML Screening for Online Gambling Platforms – Placing the Bets on Regulatory Compliance
With technology evolving every day, online gambling is one of the sectors that has revolutionized...
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Blog
Facial Recognition in the Workplace: 2025 Benefits, Risks & Compliance Blueprint
Facial recognition has matured from an emerging novelty into a mission‑critical control for secur...
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Blog
AI-Powered OCR to Combat Challenges During Manual Data Processing
Every industry has to deal with tons of customer data on a daily basis. Receiving information, ex...
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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...
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Blog
AML Screening – Identifying and Eliminating the Risks of Money Laundering in Businesses
Eliminating the risks of financial crime in businesses has never been easy and has been identifie...
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Blog
Pension Fund Fraud and the Role of Employee Identity Verification
Old age is the scariest phase of life for everyone and organisations find it a big challenge to c...
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Blog
KYC Outsourcing vs. In-House Systems – What Should Businesses Opt For?
KYC requirements for financial institutions throughout the world come with a basic need for imple...
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Blog
UK Watchdogs Hit Financial Institutions with Record AML Fines in 2021
A dramatic increase in Anti-Money Laundering (AML) fines was seen in 2021 as financial watchdogs ...
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Blog
China’s AML Framework and Regulatory Highlights of 2022
China has been fighting against money laundering and terrorism financing for a number of years.
A...
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Blog
Surging Crimes in NFT Marketplaces – Setting New Security Standards Using Shufti’s AML Solution
The emergence of Non-Fungible Tokens (NFTs) has created new investment opportunities for business...
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Blog
Top 10 Biometric Technology Trends to Watch For in 2022
Biometric innovations in present times have manifested various technological advancements and the...
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Blog
April 2023 Recap: Major AML Fines and Key Events
With the world embracing digital transformation, scammers have adopted sophisticated strategies t...
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Blog
Digital Wallet Fraud | How AML Screening Solution Can Help
Digital wallets are becoming everyone’s go-to transaction method and the total number of e-wallet...
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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...
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