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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Know Your Donor – Securing NPOs and Charities Through KYD/AML Solution
Emerging technologies and growing digitization have increased financial crime risks in Non-Profit...
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Blog
Revolutionizing the Finance Sector | VKYC’s Impact on Identity Verification in 2024
Identity verification is crucial in today’s ever-evolving digital landscape as it helps prevent i...
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Top 5 Use Cases of Face Verification in the Digital Age
As novel applications and products are released every day, the use cases of face verification tec...
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Why KYC Solutions are becoming a norm in Cryptocurrency?
KYC Solutions provide a great opportunity for crypto exchanges and virtual currency enthusiasts t...
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Blog
Analyzing the UK and US Gambling Industry by Numbers
Businesses and people in the gambling sector are aware of the risks involved and what are their p...
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Blog
Money laundering and UAE’s KYC/AML Regulatory Regime [2022 Update]
The United Arab Emirates (UAE) has become the world’s most exotic and well-reputable financial hu...
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Blog
Metaverse and Money Laundering – How Shufti’s AML Screening Helps
For quite some time now, the world has been preparing itself for the latest development in multip...
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Blog
Brazil’s Updated Regulatory AML Guidelines for 2023
Money laundering, corruption, and drug trafficking are prevalent issues in Brazil, the world’s se...
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Blog, Financial Crime / AML
AMLD5 Amendments in Prepaid Cards Transaction Threshold
In July 2018, the European Commission came into effect the 5th Anti-Money Laundering Directive (A...
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Blog, Business Technology, Identity & KYC
6 Digital Solutions for Banks to Help with KYC
Digital KYC: For banks, streamlining the customer onboarding is essential. The manual way of ente...
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Blog
Combating Money Muling Activities With Shufti’s AML Screening Services
The coronavirus pandemic has brought about unusual changes in industries and lifestyles across th...
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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
How can AML play a role to impede the financing of terrorism?
Money Laundering and Terrorism Financing are global issues and there is no dispute regarding it. ...
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Blog, Fraud Prevention
8 Fraud Prevention Tips for a smooth business uptake in 2018
The Need for Fraud Prevention
As technology has evolved over the years, the way we do business ha...
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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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Blog, Online Marketplace
Document Verification Services for a Secure Freelance Platform
Picture this you have recently started a freelance website you have marketed it properly and foll...
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Blog
Synthetic Identity Fraud: Fake Identities for Criminal Activity
An increase in financial crime has been predicted by economic downturns during the previous two d...
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Blog
Telehealth Services and Sophisticated Crimes – How Shufti Can Help Health Centers
The speed of innovation has never been faster. Re-emerging from a global pandemic, busi...
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Blog
Identity verification in social media – Lighting up the dark side
Social media is a word every one of us can relate to. With every passing day, it is penetrating i...
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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
KYC Trends To Watch Out For In 2024
Within the last year, there has been significant transformation in the global identity verificati...
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Blog
Fintech 2021 – A Brief Insight of Global KYC Regulations
Financial services are among the most heavily regulated sectors in the world, and the number one ...
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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...
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Blog
The Crucial Role of Ongoing Monitoring in Risk Mitigation
The nature of a business-to-clientele relationship subjects organisations to significant risks. F...
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Blog, Online Marketplace
Secure Online Merchandises with e-KYC and Digital ID Verification
Selling and purchasing online has its own advantages, both for the seller and the buyer. Online m...
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Blog
AML Compliance for Money Service Businesses (MSBs) – How Shufti’s AML Screening Helps
Money laundering has spread like a virus in today’s globalized society. Banks and other fin...
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Blog
Supplementing blockchain with KYC offers endless possibilities
While you may be tempted to think that decentralized and anonymous blockchains are safe because t...
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Blog
ID verification prevents 8 Security Issues of businesses
The biggest concern for businesses, in terms of safety, nowadays is online or cybersecurit...
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Blog
The 10 Biggest DeFi Hacks of 2022 and How Can KYC/AML Compliance Help
The crypto industry witnessed a challenging year in 2022, marked by numerous hacks and scams, hig...
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Blog
Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services
Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...
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Blog
2 Factor Authentication: Businesses’ Secret Weapon Against Cybercriminals
Passwords continue to be a low-hanging fruit for cybercriminals.
Approximately 15 million record...
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Blog
ID Verification for Ultimate Subscription Fraud Prevention
Cellular phones were first introduced in the consumer market in 1973 when Motorolla first introdu...
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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
The Trade-off Between Fraud Losses and Compliance Costs in the Banking Sector
The modern era’s demand for digital-first services in sectors ranging from e-commerce, online dat...
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Blog
Identity Verification Isn’t Just for Compliance Anymore
Identity verification solutions are well-known in regulatory compliance environments, particularl...
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Blog
The Growing Risk of Wash Trading and Money Laundering – How Shufti Can Help
The Non-Fungible Token (NFTs) market exploded last year and became one of the most popular buzzwo...
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Blog
A Year In Review of the FinTech Industry [2021 Update]
The FinTech industry is soaring with a record of $91.5 billion in global funding so far this year...
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Blog
Top 7 Trends Shaping the Future of Gambling Industry in 2023
Amidst technological advancement and the changing regulatory landscape, the gaming sector demonst...
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Blog
An Insight into Money Laundering Through the UAE’s Gold Industry
Since the beginning of time, gold has been considered a medium for payment and trading with its e...
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Blog
Debunking the Top 7 Myths about Video KYC with CEO of Shufti
Businesses were looking for more robust and remote ways of verifying the identities of customers ...
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Blog
ICOs blocking investors from USA and China – Why and How?
Initial Coin Offerings, more commonly known as ICOs, are all the rage in modern day financial wor...
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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
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
KJM Age Restrictions Breaking New Grounds for Gaming Industry
Minor protection has become a challenge for everyone these days. Parents are worried about the ty...
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Blog
January 2023 Recap: Major Events Worldwide and How AML Verification Solution Can Help
Noncompliance with Know your Customer and Anti Money Laundering (KYC) regulations continue to pla...
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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
Securing Transactions and Operations with Biometric Consent Verification in Digital Banking
In the modern digital world, secure business operations are crucial. The focus on maintaining se...
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Blog
Understanding the Key Role of Risk Assessment in the Crypto Industry
Cryptocurrencies are becoming a hotspot for scammers to perpetrate financial crime. Over 46,000 i...
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Blog
Travel Industry – Trends, Scams, and a Solution to Combat Fraud
The modern world is filled with surprises for everyone nowadays. Be it individuals or enterprises...
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Blog
Securing Banks and Curbing Financial Crimes with Shufti AML/KYC Solution
Banks and other financial institutions constantly face the challenges of tackling financial crime...
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Blog
A Brief Insight into Crypto Regulations in the Asia-Pacific Region
The Asia-Pacific region is one of the areas with the highest rate of crypto adoption. Considering...
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Blog
Jobs in the frame for money laundering
How banks can detect money mules?
Remote jobs are trending but not every job is legitimate. Some ...
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Blog
Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity
As minors are going online and utilizing digital services as well as smart gadgets more frequentl...
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Blog
AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2]
Australia is an important member of the Financial Action Task Force and plays a substantial role ...
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Blog
Rising Social Media Scams in 2020 Calling for Digital Identity Verification
Social media was a simple place for interaction a few years back. People valued it for its securi...
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Blog
Avoid Non-Compliance Fines with AML Transaction Monitoring
Cybercriminals in the realm of fraud and financial crime are constantly revising exploitation met...
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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
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
Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector
Banks are thought to be the most important part of the financial system, playing a vital role in ...
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Blog
A Brief Insight into AML Regulations for the Art Market
While the banking sector faces increased scrutiny to prevent illicit financial flows, a significa...
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Blog
Age verification regulations demanding better compliance from businesses
“Youth is the hope of our future.” Jose Rizal
It is no secret that the youth is a valuable asse...
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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
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...
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Blog
Online Dating Scams – ID Verification Solution to the Rescue
COVID-19 exposures and its associated risks with today’s in-person meetups and traditional ...
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Blog, Online Marketplace
What do NGOs have to gain from Identity Verification Services?
Identity Verification services are quickly becoming the cornerstone of NGO-related activities acr...
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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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Blog
e-IDV: The Key to Fraud Prevention in FinTech
After years of enormous growth, investment in the fintech market declined in 2022. Susceptibility...
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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 & KYC
Facial Recognition Technology – Behind The Curtains
Business competition has made security technology critical. There are many innovative security te...
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Blog
Identity Fraud and Risk Assessment: An Ultimate Guide for 2023
Customer onboarding and business relationships always come with associated risks that must be han...
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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...
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