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

    ECOWAS Partners with Interpol to Tackle Money Laundering

    n-img-ecowas

    ECOWAS (Economic Community of West African States) partners with INTERPOL (International Criminal Police Organization) to consult on the cooperation of security challenges in the region.

    On 17th of January, 2023, a delegation of INTERPOL led by Mr Stephen KAVANAGH, the Executive Director of Police Services, paid a working visit to Dr Abdel-Fatau MUSAH, the commissioner of political affairs, Security of the ECOWAS Commission in Abuja.

    The discussion is part of INTERPOL’s series of visits aimed at strengthening cooperation and review for ongoing activities with ECOWAS & other Nigerian institutions. 

    Mr KAVANAGH was accompanied by Mr Theos BADEGE, Assistant Director of IT Services, Richard GOTWE, Head of the West Africa Police Information System (WAPIS) Programme, Mohamed Yansaneh, WAPIS Programme Coordinator at the ECOWAS Commission. 

    Mr KAVANAGH expressed gratitude to the ECOWAS Commission for its efforts in the fight against cybercrime, counterterrorism, and illegal migration in the region and praised the leadership of commissioner Abdel-Fatau in the WAPIS project.

    Abdel-Fatau MUSAH foreshadowed that the year 2023 is crucial for security concerns, terrorism, and trafficking. He wished to bolster the partnership between ECOWAS and INTERPOL. The commissioner emphasised the need for INTERPOL and GIABA, to work more closely. The latter is an economic community of ECOWAS leading the battle against financial crimes, especially money laundering in West Africa.  He further reached for a win-win relationship and interchange between ECOWAS in joint efforts fighting transnational organised crime. 

    The head of the WAPIS programme, Mr Richard GOTWE indicated the institution’s project is in the operationalisation proceedings at the national level, and over half of the member conditions have systems installed and operational. He also mentioned the call for strengthening cooperation at the regional level for the project’s objectives. 

    Suggested Read:

    Interpol Calls for Global Action to Prevent “Ransomware Pandemic”

    Interpol Launches New Center to Combat Financial Crime

    Interpol Seizes $130M Worth of Virtual Assets from Cybercriminals Worldwide

    Related Posts

    News

    FIAU Fines iGaming Company Approximately €236,789 for Money Laundering

    The Financial Intelligence Analysis Unit has ordered a Malta-based remote gaming operator to pay ...

    FIAU Fines iGaming Company Approximately €236,789 for Money Laundering Explore More

    News

    The number of Bitcoin ATMs has increased to 8,000

    The total number of Bitcoin ATMs across the world have crossed 8,000. The United States has more...

    The number of Bitcoin ATMs has increased to 8,000 Explore More

    News

    EU Parliament Committee Backs MiCA Deal to Effectively Manage Crypto

    The MiCA deal has been approved by the economic committee of the EU Parliament. The committee has...

    EU Parliament Committee Backs MiCA Deal to Effectively Manage Crypto Explore More

    News

    Philippine Banks Struggle to Comply with AML Regulations

    Philippian banks and financial institutions are struggling with compliances regarding the anti-mo...

    Philippine Banks Struggle to Comply with AML Regulations Explore More

    News

    Creating UBO Registry ‘Biggest Focus’ for US Treasury’s Anti-corruption Push

    As part of the US government’s AML reform plan, an ultimate beneficiary ownership register will b...

    Creating UBO Registry ‘Biggest Focus’ for US Treasury’s Anti-corruption Push Explore More

    News

    FBI Springfield Warns of Growing Fraud Targetting the Elderly

    The FBI has warned people of growing elderly fraud.  As per the Internet Crime Complaint Center&#...

    FBI Springfield Warns of Growing Fraud Targetting the Elderly Explore More

    News

    Saudi Bank Warns Citizens Against Financial Fraud Schemes Circulating via Fake News Websites

    The Saudi Ministry of Commerce is reiterating warnings about fake news websites looting people by...

    Saudi Bank Warns Citizens Against Financial Fraud Schemes Circulating via Fake News Websites Explore More

    News

    People’s Bank of China to Monitor Metaverse and NFTs

    The Chinese financial watchdogs are all set to expand cryptocurrency crackdown as Gou Wenjun sugg...

    People’s Bank of China to Monitor Metaverse and NFTs Explore More

    News

    US Courtrooms Ponder Over the Photo ID Requirement for Voters

    The US courtrooms are again facing the debate over the use of photo identification for voters. A ...

    US Courtrooms Ponder Over the Photo ID Requirement for Voters Explore More

    News

    New Study by NIST Reveals Biases in Facial Recognition Technology

    The National Institute of Standards and Technology (NIST) recently did a study on the effects of ...

    New Study by NIST Reveals Biases in Facial Recognition Technology Explore More

    News

    Property Brokers in New Zealand Given Official Warning over AML/CFT Compliance

    An eighty-branch real estate agency in New Zealand, Property Brokers, has received their first fo...

    Property Brokers in New Zealand Given Official Warning over AML/CFT Compliance Explore More

    News

    FCA Fines TJM Partnership Limited £2 Million for Money Laundering

    The Financial Conduct Authority has fined the investment firm TJM Partnership Limited £2m for ser...

    FCA Fines TJM Partnership Limited £2 Million for Money Laundering Explore More

    News

    North Korean bankers charged in $2.5 billion money-laundering scheme

    The US Department of Justice recently revealed criminal charges against about twenty-four North K...

    North Korean bankers charged in $2.5 billion money-laundering scheme Explore More

    News

    U.S. Schools and Colleges Witness a Rise in Data Breaches

    Data breaches and cyberattacks continue to grow and now targeting the education sector. Amid the ...

    U.S. Schools and Colleges Witness a Rise in Data Breaches Explore More

    News

    MAS Imposes Capital Requirements on OCBC for Inadequate Scam Response

    Additional capital requirements have been imposed on the OCBC bank by the Monetary Authority of S...

    MAS Imposes Capital Requirements on OCBC for Inadequate Scam Response Explore More

    News

    UK Finance Sector and Police Stopped £32m Fraud in First Half of 2021

    The ‘Banking Protocol’ introduced in 2016 has now helped prevent financial fraud worth £174...

    UK Finance Sector and Police Stopped £32m Fraud in First Half of 2021 Explore More

    News

    Indonesia Becomes Member of International Watchdog, FATF

    The international money laundering watchdog, FATF, includes Indonesia as its member state, in a g...

    Indonesia Becomes Member of International Watchdog, FATF Explore More

    News

    Interpol Launches New Center to Combat Financial Crime

    Interpol has launched a Financial Crime and Anti-Corruption Center (IFCACC) as part of efforts to...

    Interpol Launches New Center to Combat Financial Crime Explore More

    News

    FSRA Imposed a Dh 1.32 Million Fine on Wise Nuqud Ltd for AML Failings

    FSRA imposed a Dh 1.32 million fine on Wise Nuqud for AML failings. Wise cooperated in the invest...

    FSRA Imposed a Dh 1.32 Million Fine on Wise Nuqud Ltd for AML Failings Explore More

    News

    US Judge Approves Danske Bank’s $2 Billion Settlement to End Estonia Probe

    A US judge has approved Danske Bank’s guilty plea in a $2 billion pact to end a probe into ...

    US Judge Approves Danske Bank’s $2 Billion Settlement to End Estonia Probe Explore More

    News

    RBI Gives Stark Warning Against Emerging KYC Fraud

    RBI states that sensitive details should not be disclosed via unverified or unauthorised channels...

    RBI Gives Stark Warning Against Emerging KYC Fraud Explore More

    News

    Rabobank Fined EUR 500K for Ineffective KYC Compliance

    The Dutch Central Bank (DNB) instructed Rabobank to enhance their CDD, transaction monitoring, an...

    Rabobank Fined EUR 500K for Ineffective KYC Compliance Explore More

    News

    G-20 impels countries to adopt tough FATF Regulations on Cryptocurrencies

    Bankers and finance ministers in the G-20 (Group of Twenty) are urging for greater acceptance of ...

    G-20 impels countries to adopt tough FATF Regulations on Cryptocurrencies Explore More

    News

    The Naivas Data Breach | A Wake-Up Call for Firms to Follow Privacy Laws

    Naivas, one of Kenya’s largest supermarkets, recently suffered a data breach, highlighting ...

    The Naivas Data Breach | A Wake-Up Call for Firms to Follow Privacy Laws Explore More

    News

    Danske Bank Charged with $413m for Defrauding Investors about AML Shortcomings

    The Securities and Exchange Commission has charged Danske Bank $413 million for misleading its cu...

    Danske Bank Charged with $413m for Defrauding Investors about AML Shortcomings Explore More

    News

    ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments

    ECB has released a paper that reveals the financial risks associated with cross-border payments, ...

    ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments Explore More

    News

    Mirabaud Bank Fined $3M for AML Failings by Dubai Authorities

    The Dubai Financial Service Authority (DFSA) levied a fine of $3M on the Middle Eastern bank, Mir...

    Mirabaud Bank Fined $3M for AML Failings by Dubai Authorities Explore More

    News

    Seychelles Upgrade on FATF Recommendation to Strengthen Anti-Money Laundering Measures

    Seychelles has upgraded and implemented 5 FATF recommendations to strengthen anti-money launderin...

    Seychelles Upgrade on FATF Recommendation to Strengthen Anti-Money Laundering Measures Explore More

    News

    EU Urges the UK to Push Harder on Tax Avoidance and AML Regulations

    The European Union has shown concerns regarding legal permits which allow financial services prov...

    EU Urges the UK to Push Harder on Tax Avoidance and AML Regulations Explore More

    News

    Shufti picks up two business awards

    October has been an amazing month for Shufti. In September it was nominated for outstanding p...

    Shufti picks up two business awards Explore More

    News

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework

    The UAE’s anti-money laundering and counter-terrorism financing department stated it continues bo...

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework Explore More

    News

    Japan to Enforce Strict Anti-Money Laundering Laws on Cryptocurrency

    A stringent set of anti-money laundering measures will be implemented in Japan starting June 1st,...

    Japan to Enforce Strict Anti-Money Laundering Laws on Cryptocurrency Explore More

    News

    Canada’s Federal Agencies to Consult on Anti-Money Laundering and Counter-Terrorism Measures

    The Canadian government has launched a public consultation to strengthen the country’s anti...

    Canada’s Federal Agencies to Consult on Anti-Money Laundering and Counter-Terrorism Measures Explore More

    News

    PayPal is hiring crypto engineers amid rumors of Bitcoin integration

    Crypto and blockchain experts are being hired by Paypal as rumors circulate that the global payme...

    PayPal is hiring crypto engineers amid rumors of Bitcoin integration Explore More

    News

    N1m Fine Imposed on Financial Institutions for Suspicious Transactions Reporting Failing

    A fine of N1m is directed by the Nigerian Government on any financial or non-financial institutio...

    N1m Fine Imposed on Financial Institutions for Suspicious Transactions Reporting Failing Explore More

    News

    China Raises Penalty, Broadens Scope of AML Laws

    The People’s Bank of China (PBOC) has published a revised draft for the country’s AML law which e...

    China Raises Penalty, Broadens Scope of AML Laws Explore More

    News

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations

    In a settlement with the Office of Foreign Asset Control (OFAC), Poloniex LLC, a former subsidiar...

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations Explore More

    News

    UAE: Virtual Asset Fraudsters to Face Imprisonment, Dh 1M Fine

    Residents in the UAE have been advised to perform due diligence procedures prior to investing in ...

    UAE: Virtual Asset Fraudsters to Face Imprisonment, Dh 1M Fine Explore More

    News

    FinCEN Fines Puerto Rican Bank, Bancrédito, $15 Million on BSA Violation

    Puerto Rican bank, Bancrédito, was fined $15 million by the Financial Crimes Enforcement Network ...

    FinCEN Fines Puerto Rican Bank, Bancrédito, $15 Million on BSA Violation Explore More

    News

    Scotland Police Give Warnings Due to the Rise in Cybercrime

    Highland Police is taking a major initiative to warn the businesses of a spike in cybercrime and ...

    Scotland Police Give Warnings Due to the Rise in Cybercrime Explore More

    News

    Morocco’s Parliament Unanimously Approves the Bill to Amend AML Regulations

    The House of Representatives of Morocco has unanimously agreed to pass the bill to amend the anti...

    Morocco’s Parliament Unanimously Approves the Bill to Amend AML Regulations Explore More

    News

    DC lawyers can now accept crypto for legal fees

    According to a report by Bloomberg Law, cryptocurrency can now be used to pay for legal services ...

    DC lawyers can now accept crypto for legal fees Explore More

    News

    The State Bank of Vietnam Demands More Freedom and Power to be Granted to the Anti-Money Laundering Bureau

    The State Bank of Vietnam (SBV) requested the government to enhance security by providing more fr...

    The State Bank of Vietnam Demands More Freedom and Power to be Granted to the  Anti-Money Laundering Bureau Explore More

    News

    Giaba Trains BDC Operators for Money Laundering & Terrorist Financing

    GIABA (Inter-Governmental Action Group against Money Laundering in West Africa) has started a thr...

    Giaba Trains BDC Operators for Money Laundering & Terrorist Financing Explore More

    News

    Clubs to Adopt Digital Wallets as NSW Reveals Money Laundering Via Machines

    The clubs in Australia are to adopt the digital wallet for poker machines as the regulators disco...

    Clubs to Adopt Digital Wallets as NSW Reveals Money Laundering Via Machines Explore More

    News

    Shufti beats 26 global competitors in the Video KYC challenge at MEFTECH KSA

    Yesterday, February 26, Shufti was announced the winner of the Lulu money’s Video KYC for Cus...

    Shufti beats 26 global competitors in the Video KYC challenge at MEFTECH KSA Explore More

    News

    Pakistan’s State Bank unveils new AML/CFT regulations for Forex Firms

    State Bank of Pakistan on Tuesday amended Anti-money laundering (AML) and Counter Financing of te...

    Pakistan’s State Bank unveils new AML/CFT regulations for Forex Firms Explore More

    News

    SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown

    Chinese businesses, as per a ruling by the SEC, are directed to present additional disclosures re...

    SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown Explore More

    News

    The UK plans to levy on banks to prevent money laundering

    According to Reuters, Britain plans to announce a new levy on banks and other financial instituti...

    The UK plans to levy on banks to prevent money laundering Explore More

    News

    Crypto firms Halt Business in China After an Intense Government Crackdown

    Cryptocurrency businesses have stopped their operations after the government led an intense inves...

    Crypto firms Halt Business in China After an Intense Government Crackdown Explore More

    News

    Amendments in UK Supervision Laws Enhance Risk of Money Laundering

    Accounting bodies have warned that changes in the UK supervision of AML compliance regulations wi...

    Amendments in UK Supervision Laws Enhance Risk of Money Laundering Explore More

    News

    The UK’s largest mobile operator EE has announced its Digital Identity platform

    EE, the UK’s largest mobile operator has announced its new Digital Identity platform to protect c...

    The UK’s largest mobile operator EE has announced its Digital Identity platform Explore More

    News

    FinCEN and FDIC to Test the Effectiveness of Digital ID Verification Tools

    Two federal regulators – the FinCEN and FDIC have called for a ‘tech sprint’ to assess the ...

    FinCEN and FDIC to Test the Effectiveness of Digital ID Verification Tools Explore More

    News

    Uruguay Faces 3 Obstacles in the Fight Against Money Laundering

    Uruguay’s national secretariat unit, SENACLAFT, revealed three obstacles in fighting money launde...

    Uruguay Faces 3 Obstacles in the Fight Against Money Laundering Explore More

    News

    SuperCare Health Faces Lawsuit for Having “Incompetent Security Measures” to Stop Data Breach

    Plaintiff filed a lawsuit against SuperCare Health in the US Central District of California and a...

    SuperCare Health Faces Lawsuit for Having “Incompetent Security Measures” to Stop Data Breach Explore More

    News

    Canada’s Anti-Money Laundering Crackdown Gets Support From Coalition

    The Canadian government has swiftly responded to a call for action from an alliance of organizati...

    Canada’s Anti-Money Laundering Crackdown Gets Support From Coalition Explore More

    News

    South Korea’s Largest Crypto Exchange Upbit Registers with KoFIU for AML

    Upbit is reportedly the first South Korean crypto exchange to register the Korean Financial Intel...

    South Korea’s Largest Crypto Exchange Upbit Registers with KoFIU for AML Explore More

    News

    EU Takes First Step to Set Up Anti-Money Laundering Supervisor

    The European Union should contemplate creating an independent agency to supervise anti-money laun...

    EU Takes First Step to Set Up Anti-Money Laundering Supervisor Explore More

    News

    Uganda Remains on FATF Graylist for Failing to Curb Money Laundering

    Uganda is still under the scrutiny of AML/CFT agencies after failing to enforce regulations in NG...

    Uganda Remains on FATF Graylist for Failing to Curb Money Laundering Explore More

    News

    Nepal at Risk of ‘Graylisting’ for Allowing Money Laundering

    Nepal could be added to FATF’s greylist as the global AML watchdog has found a  number of deficie...

    Nepal at Risk of ‘Graylisting’ for Allowing Money Laundering Explore More

    News

    Singapore replaces passwords and ID documents with facial recognition systems

    As reported by Strait Times, Singapore plans to replace passwords and identity documents with bio...

    Singapore replaces passwords and ID documents with facial recognition systems Explore More

    News

    Singapore Now Requires Developers to Comply with New AML/TF Regulations

    The Singaporean government will implement a new anti-money laundering and anti-terrorism financin...

    Singapore Now Requires Developers to Comply with New AML/TF Regulations Explore More

    News

    Law firm Clyde & Co. fined $635K for Breaching UK Money Laundering Laws

    Global law firm Clyde & Co. was fined £500,000 ($635,613) on 11 January for multiple breaches...

    Law firm Clyde & Co. fined $635K for Breaching UK Money Laundering Laws Explore More

    News

    Interpol Launches New Center to Combat Financial Crime

    Interpol has launched a Financial Crime and Anti-Corruption Center (IFCACC) as part of efforts to...

    Interpol Launches New Center to Combat Financial Crime Explore More

    News

    New US Legislation Implemented to Enhance Supervision of Cryptocurrency Transactions

    US lawmakers introduced a new bill, the “Off-Chain Digital Commodity Transaction Reporting Act,” ...

    New US Legislation Implemented to Enhance Supervision of Cryptocurrency Transactions Explore More

    News

    Australian Government Announces Development of Gambling Regulations Commission

    Australian spokespersons for Gambling and Harm Reduction forced the New South Wales (NSW) governm...

    Australian Government Announces Development of Gambling Regulations Commission Explore More

    News

    Prevailing Financial Crimes Make London a Safe Haven for Money Launderer

    The UK’s capital is exposed to multiple financial crimes including money laundering and thefts wi...

    Prevailing Financial Crimes Make London a Safe Haven for Money Launderer Explore More

    News

    Identity Theft Pushed to New Records with Buy-Now-Pay-Later Boom in Australia

    BNPL (Buy-Now-Pay-Later) policy in Australia has given a rise to identity theft and has doubled t...

    Identity Theft Pushed to New Records with Buy-Now-Pay-Later Boom in Australia Explore More

    News

    Singapore Passes Stringent Regulations to Clamp Down on Money Mules

    Singapore has passed stringent regulations to clamp down on money mules and those who give contro...

    Singapore Passes Stringent Regulations to Clamp Down on Money Mules Explore More

    News

    Florida Man Charged $784 Million in Massive Healthcare Fraud

    Creaghan Harry, a man from Florida was indicted of $784 million for committing healthcare fraud a...

    Florida Man Charged $784 Million in Massive Healthcare Fraud Explore More

    News

    British Government Prepares Task Force to Halt Financial Crimes

    After observing a 70% increase in push-payment fraud, the UK’s government has devised a tas...

    British Government Prepares Task Force to Halt Financial Crimes Explore More

    News

    “The Community” Fined $120M for Multi-million Cryptocurrency Theft Scheme

    A sixth member of “The Community” was sentenced to 10-month imprisonment and over $120,000 fine f...

    “The Community” Fined $120M for Multi-million Cryptocurrency Theft Scheme 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