The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    216.73.216.22

    ID Verification – What new KYC Services Shufti launched in 2018?

    ID Verification

    Shufti started 2018 with an aim to fight the menace of digital fraud, identity theft, and online scams on behalf of our customers via ID Verification and KYC authentication. Honestly, the odds were not in the favor of Shufti. The increase in social security card numbers (35%) was more than the increase in credit card number breaches (30%). A new seismic shift was observed with scammers and fraudsters taking over existing accounts rather than using fake credentials or documents to make new accounts. The need for Identity verification was higher than ever with bank account takeovers going as high as 24% as compared to previous years.

    Where did Shufti start from?

    At the start of the year 2018, Shufti was offering a limited number of online ID verification services in a relatively smaller number of countries around the globe. ID verification system of Shufti was able to authenticate official identity documents from only a small number of countries because of its limited language support. As an ID Verification service, Shufti has evolved a great deal, not only with respect to the number of services that can be availed by Shufti customers but also the way those services are available and features that make those ID Verification services second to none in precision and cost-effectiveness at the same time.

    How did ID Verification by Shufti evolve?

    When 2018 started, Shufti was offering a bunch of KYC services and ID verification services that were integrated together. We enter into 2019, with an ID verification service pack that is not only viable for mobile ID verification but also each verification service can be bought separately. It means that if a Shufti customer only wanted to verify the authenticity of an officially issued ID and verify their official Data of Birth, they can easily do that without having to pay for AML checks or phone verification or any other ID verification service that they do not require to perform.

    Online ID Verification Services Added this Year

    Shufti added many online ID verification services in their arsenal of KYC verification and identity verification, details of which are added below:

    Address VerificationVery early in the year, Shufti launched Address verification in order to authenticate addresses of end-user. Shufti not only allowed proof of address verification with the help of ID cards, driving licenses, passports but also with the help of bank statements and utility bills as well.

    AML Compliance ChecksAdapting to Anti-Money Laundering guidelines put forward by financial regulators was a great concern for many of Shufti customers. An AML Compliance solution was launched by Shufti to safeguard its customers not only from identity theft but also from bringing onboard customers that pose a financial risk. Shufti has compiled a huge databank containing profiles from 1000+ Watchlists and 3000+ databases maintained by national and international law enforcement agencies. Additionally, Shufti has added Politically Exposed Persons (PEPs) as defined by FATF in this huge databank. AML background checks by Shufti are, thus, the most effective method to examine the financial risk attached to an incoming user.

    2 Factor AuthenticationsShufti launched 2 Factor Authentications in 2018 so that its customers can not only verify the true identity of end-users but to add an additional layer of security as well in account access process. Shufti can forward a customized text message with a generic code to end-user in order to make sure that they have provided a genuine phone number during the verification code. The same phone number can be used to identify whether the legitimate user is trying to access their account or not.

    Shufti even added many other KYC services in the year 2018, that included

    Apart from all above services, Shufti also focused in the year 2018 to introduce new features to its ID Verification service pack, not only to diversify our customer portfolio but also to provide top quality service to our clientele. These features included:

    • Proof of Verification
    • Real-Time Verification Results
    • Availability in 225+ Countries
    • Support for 150+ Official Languages
    • Downloadable Verification Report
    • Restful API & SDKs

    So all in all, the year 2018 was a really productive year for Shufti as we not only launched new ID verification services but were also able to introduce new features. We would like to a take a moment and show our gratitude towards our customers that provided the basic impetus for all these new services and helped us introduce new features.

    Shufti also understands that the journey towards a digital world free of online scams, digital frauds, and identity theft is just getting started. That is why we are all pumped up to start 2019 with a resolution to beat scammers and fraudsters that intend to disrupt online activities for their own personal gain.

    Every one at Shufti wishes you A Happy New Year and a spectacular 2019!

    Recommended For You:

    Mobile ID Verification: 5 Reasons Why Payment Processors Need It

    Related Posts

    Blog

    A New Dawn for Global Coverage: Built to Work Everywhere

    A New Dawn for Global Coverage: Built to Work Everywhere 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...

    Biometric Identification is On the Rise in Education Sector Explore More

    Blog

    KYC & AML – A Top Priority for Soaring Buy Now, Pay Later Services

    In today’s credit-thirsty world, Buy Now, Pay Later has emerged as a clear winner, forever changi...

    KYC & AML – A Top Priority for Soaring Buy Now, Pay Later Services Explore More

    Blog

    Know Your Patient – Curbing Healthcare Fraud through Identity Verification

    With global digitization and emerging technologies, the healthcare sector has adopted a variety o...

    Know Your Patient – Curbing Healthcare Fraud through Identity Verification Explore More

    Blog

    10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA)

    One of the prime concerns of businesses today is detecting and mitigating the risk of fraud. This...

    10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA) Explore More

    Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC

    AML Compliance in EU Member States and Risks of Businesses

    Making regulations is just the first step, the true game starts when it comes to implementation, ...

    AML Compliance in EU Member States and Risks of Businesses Explore More

    Blog

    Gold Industry and Prevailing Financial Crimes – How Shufti’s AML Screening Can Help

    Using gold for financial crimes has a long history and in many countries, jewellery is not only c...

    Gold Industry and Prevailing Financial Crimes – How Shufti’s AML Screening Can Help Explore More

    Blog, Financial Crime / AML, Identity & KYC

    5AMLD: Implications for Cryptocurrency

    What is 5AMLD? As part of the Action Plan against terrorism, the 5th Anti-Money Laundering Direct...

    5AMLD: Implications for Cryptocurrency Explore More

    Blog

    AML Compliance for the Crypto Sector – How VASPs Can Adhere to the Regulations

    With cryptocurrencies gaining traction and entering the mainstream, financial regulators are asse...

    AML Compliance for the Crypto Sector – How VASPs Can Adhere to the Regulations Explore More

    Blog

    Gambling Regulations in Germany Lay Ground for Robust Player Verification

    User engagement towards digital platforms has been growing at an exponential pace for the past fe...

    Gambling Regulations in Germany Lay Ground for Robust Player Verification Explore More

    Blog

    Facial Recognition Kiosks: A Modern Innovation in the Food Industry?

    Background of Technological Advancement Technology is regarded as a new way of thinking or doing ...

    Facial Recognition Kiosks: A Modern Innovation in the Food Industry? Explore More

    Blog

    Biometric Authentication – How Do Fraudsters Try to Bypass These Checks?

    Biometric authentication is one of the ideal ways of dealing with fraudsters. Unfortunately, crim...

    Biometric Authentication – How Do Fraudsters Try to Bypass These Checks? Explore More

    Blog, Online Marketplace

    KYC for customer on-boarding in Telecommunications Industry

    Identity Verification is quite necessary for Telecommunications Industry in today’s digital...

    KYC for customer on-boarding in Telecommunications Industry Explore More

    Blog

    10 factors shaping the identity verification industry in 2020

    The identity verification industry is expected to grow steadily during the forecast period, reach...

    10 factors shaping the identity verification industry in 2020 Explore More

    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...

    Digital Document verification – an efficacious method of ID card scanning Explore More

    Blog, Business Technology

    The demand for OCR Technology increasing for ID Verification

    ID verification is core to overall identity verification services that help business around the g...

    The demand for OCR Technology increasing for ID Verification Explore More

    Blog

    The Most Common Use Cases of Identity Document Verification

    As data breaches and other crimes increase, regulators must impose strict rules that corporations...

    The Most Common Use Cases of Identity Document Verification Explore More

    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...

    The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms Explore More

    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...

    Pension Fund Fraud and the Role of Employee Identity Verification Explore More

    Blog

    Crypto Regulations 2021 – The Updated Compliance Regime in France

    Within the last two years, France’ cryptocurrency landscape has experienced significant milestone...

    Crypto Regulations 2021 – The Updated Compliance Regime in France Explore More

    Blog

    Combating Money Laundering Threats in the Art and Antiquities Sector Through AML Screening Solutions

    With transforming technologies and growing digitization, the global art industry has also embrace...

    Combating Money Laundering Threats in the Art and Antiquities Sector Through AML Screening Solutions Explore More

    Blog

    Age Verification for Social Media – Protecting the Younger Victims of Online Scams

    With a significant majority of students diverting from their usual school routines due to the COV...

    Age Verification for Social Media – Protecting the Younger Victims of Online Scams Explore More

    Blog

    AML/CFT Compliance – Why Australia is a Safe Haven for Money Laundering

    Recent inquiries and cases against major Australian casinos have raised questions about the measu...

    AML/CFT Compliance – Why Australia is a Safe Haven for Money Laundering Explore More

    Blog

    Gambling Regulations in Germany Lay Ground for Robust Player Verification

    User engagement towards digital platforms has been growing at an exponential pace for the past fe...

    Gambling Regulations in Germany Lay Ground for Robust Player Verification Explore More

    Blog, Reg Tech

    How Identity Verification Services make Regulatory Compliance Easier?

    Financial institutions and banks have ended up in a loop of dumping billions of dollars because o...

    How Identity Verification Services make Regulatory Compliance Easier? Explore More

    Blog

    Acquiring a Security Foothold in Hybrid Workspaces with Facial Recognition

    In 2020, companies experimented with different ways of working as the result of lockdown and Covi...

    Acquiring a Security Foothold in Hybrid Workspaces with Facial Recognition Explore More

    Blog

    5 Ways How AI Is Uprooting Recruitment Industry

    Artificial Intelligence is strengthening its position in many industries and the recruitment indu...

    5 Ways How AI Is Uprooting Recruitment Industry Explore More

    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...

    What are the 3 Stages of Money Laundering and How Can AML Checks Combat Fraud? 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...

    Know Your Investor (KYI) – Identifying and Eliminating Russian Sanctions Evaders Explore More

    Blog

    Need for Identity Verification in Real Estate and Its Real-World Use Cases

    The real estate industry is in dire need of identity verification processes. The reason being, th...

    Need for Identity Verification in Real Estate and Its Real-World Use Cases Explore More

    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...

    Initial Art Offering – Everything you need to know about it Explore More

    Blog, Business Technology, Financial Crime / AML, Identity & KYC, Online Marketplace

    Know Your Business: The Next Step in Identity Verification

    The complex regulatory environment and increased exposure to illegal activities indicate that bus...

    Know Your Business: The Next Step in Identity Verification Explore More

    Blog

    Why Digital Identity Verification is Booming – A Detailed Insight

    According to the report “Digital Identity & Document Verification Market & Technology Ana...

    Why Digital Identity Verification is Booming – A Detailed Insight Explore More

    Blog

    Augmented Intelligence – What 2019 have for AI systems?

    Admittedly, Artificial Intelligence or AI has gained a considerable amount of ill reputation from...

    Augmented Intelligence – What 2019 have for AI systems? Explore More

    Blog

    Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection

    Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...

    Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection Explore More

    Blog, Identity & KYC

    Digital Document Verification Giving Wing to Recruitment Sites

    Document Verification: In an industry that’s all about people, it’s critical that you know that a...

    Digital Document Verification Giving Wing to Recruitment Sites Explore More

    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...

    5 Ways AI Takes Document Verification to the Next Level Explore More

    Blog

    The Path to CX Leadership – An Interview with Saroni Kundu

    From Code to Customer: How Saroni Kundu Found Her Passion in CX In our latest Beyond Borders podc...

    The Path to CX Leadership – An Interview with Saroni Kundu Explore More

    Blog

    Japan’s AML/CFT Assessment – August 2021 Report

    Financial crime is soaring sky high with digitisation becoming a part of our daily lives. Cyber a...

    Japan’s AML/CFT Assessment – August 2021 Report Explore More

    Blog

    Digital COVID Certificate Verification: Prevalent Problems and Viable Solutions

    Following the rollout of viable vaccines to combat COVID-19, the prospects of normalcy are on the...

    Digital COVID Certificate Verification: Prevalent Problems and Viable Solutions Explore More

    Blog

    E-Learning Platforms and Prevailing Crimes – How Shufti Can Help

    The global pandemic is prompting a phenomenal increase in online service. From doing groceries to...

    E-Learning Platforms and Prevailing Crimes – How Shufti Can Help Explore More

    Blog, Identity & KYC

    Why You Need To Know Your Buyer

    Online payments are fast replacing cash transactions with the top payment companies harboring 1bi...

    Why You Need To Know Your Buyer Explore More

    Blog, Identity & KYC

    Digital Document Verification Giving Wing to Recruitment Sites

    Document Verification: In an industry that’s all about people, it’s critical that you know that a...

    Digital Document Verification Giving Wing to Recruitment Sites Explore More

    Blog, Fraud Prevention

    Identity Theft – One Fraud Multiple Facets

    Identity theft is a global crime. All types of identities, including the financial, medical and b...

    Identity Theft – One Fraud Multiple Facets Explore More

    Blog

    Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021

    On 16 July 2021, the US Financial Services Task Force on Artificial Intelligence held a virtual h...

    Online Privacy, Security & Inclusivity in a Digital World: Congress Hearing 2021 Explore More

    Blog

    Impact of Beneficial Ownership Transparency on Real Estate Crimes

    The high price tags of real estate in the US open doors for corrupt politicians, kleptocrats, and...

    Impact of Beneficial Ownership Transparency on Real Estate Crimes Explore More

    Blog

    Eradicating Financial Crimes in Online Gambling using NFC Verification

    Emerging technologies have altogether revolutionized the online gambling industry and instead of ...

    Eradicating Financial Crimes in Online Gambling using NFC Verification Explore More

    Blog

    Digital Age Verification replacing Age Gates for better compliance

    Age verification is one of the trending snd sensitive topics these days, especially in the busine...

    Digital Age Verification replacing Age Gates for better compliance Explore More

    Blog

    2 Factor Authentication: Businesses’ Secret Weapon Against Cybercriminals

    Passwords continue to be a low-hanging fruit for cybercriminals.  Approximately 15 million record...

    2 Factor Authentication: Businesses’ Secret Weapon Against Cybercriminals Explore More

    Blog

    4 WAYS AI is Shaping KYC and AML Compliance for Businesses

    The role of Artificial Intelligence (AI) is rapidly increasing in businesses and the emergence of...

    4 WAYS AI is Shaping KYC and AML Compliance for Businesses Explore More

    Blog

    Prevailing Crimes in Identity Verification – How Shufti’s Forensic Document Verification Can Help

    Identity fraud has become quite prevalent in digital businesses which is not only affecting opera...

    Prevailing Crimes in Identity Verification – How Shufti’s Forensic Document Verification Can Help Explore More

    Blog

    Top 5 FinTech Trends to Keep an Eye on in 2023

    From the lingering effects of the COVID-19 pandemic to the sudden cryptocurrency market crash, 20...

    Top 5 FinTech Trends to Keep an Eye on in 2023 Explore More

    Blog

    Document Verification Checks: Streamlining the Onboarding Process for New Customers

    Verifying documents is critical to regulatory compliance, risk assessment, and many organisations...

    Document Verification Checks: Streamlining the Onboarding Process for New Customers Explore More

    Blog

    Top Applications of Facial Recognition Technology in the Digital Age

    Facial recognition technology is biometric security in which an individual’s physical trait...

    Top Applications of Facial Recognition Technology in the Digital Age Explore More

    Blog

    A Guide to Understanding KYC in Banking

    2022 has witnessed a rise in the number of fraudulent cases by 18% compared to 2021, damaging bus...

    A Guide to Understanding KYC in Banking Explore More

    Blog

    Age Verification Solution – Restricting Minors from Becoming Mules

    From playing online video games to betting on horses, the digital gaming and gambling industry is...

    Age Verification Solution – Restricting Minors from Becoming Mules Explore More

    Blog, Identity & KYC, Online Marketplace

    Why 2 Factor Authentication is vital for Online Identity Risk Management?

    Online identity risk management is becoming harder and harder on cyberspace. It is a headache for...

    Why 2 Factor Authentication is vital for Online Identity Risk Management? Explore More

    Blog

    Top 8 Facial Recognition trends to watch in 2020

    Facial recognition has been gaining prominence in recent times, owing to the benefits it offers o...

    Top 8 Facial Recognition trends to watch in 2020 Explore More

    Blog

    GDPR Checklist – Practices to adopt as Business Norms

    It’s been a little over eight months since the GDPR came into effect on 25 May 2018. From that po...

    GDPR Checklist – Practices to adopt as Business Norms Explore More

    Blog

    AML compliance checklist for efficient AML screening in 2020

    2019 brought a plethora of AML regulations for businesses and non-compliance is no more an option...

    AML compliance checklist for efficient AML screening in 2020 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 ...

    Enhancing security in the cryptocurrency world with KYC verification Explore More

    Blog, Identity & KYC

    How ID Verification via OCR can transform Digital World?

    ID verification is hailed as the ultimate savior for businesses operating multiple digital channe...

    How ID Verification via OCR can transform Digital World? Explore More

    Blog, Identity & KYC

    ICOs and KYC Compliance

    With the surge in digitalisation of payments and crowdfunding; the need to set proper standards f...

    ICOs and KYC Compliance Explore More

    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...

    Strengthening digital businesses with online age verification Explore More

    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 ...

    UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance Explore More

    Blog

    The State of Money Laundering in The United States – How Shufti Can Help

    The United States of America is among the first countries that took effective measures to fight f...

    The State of Money Laundering in The United States – How Shufti Can Help Explore More

    Blog

    Which KYC Solution is Right for Your Business?

    KYC solutions are vital for assessing consumer risk and a legal necessity for complying with Anti...

    Which KYC Solution is Right for Your Business? Explore More

    Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC

    Global Economies are joining forces with FATF against money laundering

    Financial Action Task Force (FATF) has been very keen on eliminating financial crime (money laund...

    Global Economies are joining forces with FATF against money laundering Explore More

    Blog

    KYC/AML Compliance – A Safeguard Against Money Laundering in the NFT Market

    The instability in the non-fungible token (NFT) sector can be seen in the record sales of $25 bil...

    KYC/AML Compliance – A Safeguard Against Money Laundering in the NFT Market Explore More

    Blog, Identity & KYC

    User as Owner: Why KYC Software Needs to Respect Privacy Laws?

    User as Owner is a simplistic concept that stipulates that all the data of any user collected by ...

    User as Owner: Why KYC Software Needs to Respect Privacy Laws? Explore More

    Blog

    May 2023 Recap: The Latest Global Regulatory Updates

    Technological advancements have paved the way for scammers to perpetrate various financial crimes...

    May 2023 Recap: The Latest Global Regulatory Updates Explore More

    Blog

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms

    With the growth in organised crime and its infiltration into the sports betting market, businesse...

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started