Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Shufti’s Age Verification Solution Approved by KJM

age

Germany’s Commission for media, Kommission für Jugendmedienschutz (KJM), has approved Shufti’s age verification solution for the protection of minors. Now, the German Media can utilize Shufti’s age verification solution to prevent minors from accessing content that is not suitable for their age. 

After analyzing the Shufti’s age verification solution in detail, the German platform KJM has finalized that this solution is intact with all their legal and technical requirements. They have declared that Shufti’s age verification is viable for the German media distributors to utilize as an age-gate solution. 

KJM is a regulatory body in Germany that is responsible for the protection of underage citizens from the media. KJM is a major authority in state media authorities and they keep a check on the regulations regarding the media and decide on consequences if any organization is found violating these provisions. 

KJM chairman Dr. Marc Jan Eumann speaks about age verification systems, “With this year-end spurt, the number of age verification systems rated positively by KJM in 2020 rises to a total of 18. This record is a sign that the need for youth protection-compliant solutions for the German market as well as the perception of KJM is the first Contact person on this topic increases. I am pleased that KJM’s offer to offer providers legal certainty by reviewing their concepts has been so well received.”

Shufti is providing AI-based solutions to a global clientele and holds its pride in delivering competent solutions to fight evolving fraud. The age verification solution of Shufti provides an easy way to onboard legitimate clients while securing minors from accessing age-restricted content and goods. The solution is designed to minimize the friction in the customer onboarding process in order to avoid cart and platform abandonment by mature clients due to lengthy age verification checks. 

Minor protection is of the essence when it comes to applying age verification checks. The age verification solution of Shufti is designed keeping in view several techniques that minors use to manipulate the age checks systems, such as using an adult’s ID card. The solution uses multiple-factor authentication and verifies the date of birth verification through documents while performing biometric authentication through real-time face verification. 

Minors these days, due to the excess use of the internet, are easily exposed to content that can be harmful to their health as well as their mental development. This is why the Shufti offers an age verification solution that enables organizations to shield minors from acquiring age-in-appropriate products and remain safe from the consequences of the regulators.

Contact [email protected] to get on board!

Related Posts

News

FATF: US largely complacent with virtual currency regulations

The Financial Action Task Force (FATF) has rated the U.S. “largely compliant” with its revised cr...

FATF: US largely complacent with virtual currency regulations Explore More

News

Japanese Gaming Giant Capcom Fell Victim to Cyberattacks

The famous gaming giant, Capcom, is being blackmailed by cyberattackers to pay $11 million bitcoi...

Japanese Gaming Giant Capcom Fell Victim to Cyberattacks Explore More

News

Video KYC: The New Normal in the Insurance Industry

Since everything is moving to digital platforms, the Insurance Regulatory and Development Authori...

Video KYC: The New Normal in the Insurance Industry Explore More

News

Crypto exchange owner admits laundering $1.8M in online auctions fraud

Vlad-Calin Nistor and 14 other accused, including the owner of a car wash, have all entered guilt...

Crypto exchange owner admits laundering $1.8M in online auctions fraud 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

Legal Challenges Against TikTok for Breaching Child Privacy Policy

TikTok, the most trending social media application in the present times is facing legal actions f...

Legal Challenges Against TikTok for Breaching Child Privacy Policy Explore More

News

European Banking Authority Issues Latest Regulations on Crypto Travel Rules

The European Banking Authority (EBA) announced the new consultation process to implement the cryp...

European Banking Authority Issues Latest Regulations on Crypto Travel Rules Explore More

News

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams

Lloyds Bank revealed a rise in cryptocurrency investment scams and reported a 23% increase compar...

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams Explore More

News

Tesla Data Breach Leaks Personal Information of 75,000 Customers

Confidential data of approximately 75,735 people, including names, cell phone numbers, and addres...

Tesla Data Breach Leaks Personal Information of 75,000 Customers Explore More

News

FinCEN to Expand GTOs on All-cash Real Estate Purchases to Stop Money Laundering

The Financial Crimes Enforcement Network (FinCEN) has announced the expansion of its GTOs. The ne...

FinCEN to Expand GTOs on All-cash Real Estate Purchases to Stop Money Laundering Explore More

News

Ukraine to Scale-up Fight Against Financial Crimes

Ukraine’s Cabinet of Ministers has approved a plan that will strengthen the measures to prevent f...

Ukraine to Scale-up Fight Against Financial Crimes Explore More

News

Monetary System of Nation-States at Systematic Risk due to Stablecoins, Says FSB

With the introduction of global stablecoin like Facebook’s Libra, G20’s watchdog, the Financial S...

Monetary System of Nation-States at Systematic Risk due to Stablecoins, Says FSB Explore More

News

China Tackles Money Laundering in Wild Species Trade

China’s Wildlife Protection Department, TRAFFIC organised training sessions for the anti-money la...

China Tackles Money Laundering in Wild Species Trade Explore More

News

Economic uncertainty ‘a breeding ground for fraud and financial crime

The FATF has warned that the Coronavirus outbreak has caused unparalleled challenges in the econo...

Economic uncertainty ‘a breeding ground for fraud and financial crime Explore More

News

Bank of Ghana Issues New Guidelines for AML and CTF

The Bank of Ghana (BOG) has introduced new directives on Anti Money Laundering/Combating the Fina...

Bank of Ghana Issues New Guidelines for AML and CTF Explore More

News

Senate Reveals a 12-Year-Old Loophole Targeted by Americans to Cheat IRS

Offshore tax loopholes are safe havens for wealthy Americans to cheat the Internal Revenue Servic...

Senate Reveals a 12-Year-Old Loophole Targeted by Americans to Cheat IRS Explore More

News

AML Task Force Samlit Reports Success in Keeping Fraudsters at Bay

SA Anti-Money Laundering Integrated Task Force (Samlit) claims that it is competent in combating ...

AML Task Force Samlit Reports Success in Keeping Fraudsters at Bay Explore More

News

UK to End “Golden Visa” Regime to Tackle Money Laundering

The UK is looking to scrap its so-called “Golden Visa” regime in a short period as Russian action...

UK to End “Golden Visa” Regime to Tackle Money Laundering Explore More

News

Cryptocurrencies marked as top AML and CFT Priority by FinCEN

FinCEN will soon be publishing regulations on how financial institutions can incorporate cryptocu...

Cryptocurrencies marked as top AML and CFT Priority by FinCEN Explore More

News

World economic forum considers using blockchain to solve supply chain crisis

The World Economic Forum (WEF) stated on Monday that blockchain and digitization can help supply ...

World economic forum considers using blockchain to solve supply chain crisis Explore More

News

Monetary Authority of Singapore to Take Tougher Action Against Data Breaches

To address the data privacy concern, MAS has recommended that data privacy offences should be mad...

Monetary Authority of Singapore to Take Tougher Action Against Data Breaches Explore More

News

EU Lawmakers Propose New Bill to Combat Money Laundering through NFTs

Members of the European Parliament have proposed a new bill to increase scrutiny of the NFT and D...

EU Lawmakers Propose New Bill to Combat Money Laundering through NFTs Explore More

News

Qatar’s new AML laws leave no room for Cryptocurrencies

A number of countries across the globe are coming with up stringent policies to inhibit the illeg...

Qatar’s new AML laws leave no room for Cryptocurrencies Explore More

News

FEMA Confirms Seizure of 288 Crore Funds of Chinese-owned NBFC

The FEMA has confirmed the seizure of 288 crores worth of funds of a “Chinese-owned” ...

FEMA Confirms Seizure of 288 Crore Funds of Chinese-owned NBFC Explore More

News

UAE Central Bank Issues New Anti-Money Laundering Guidelines

The Central Bank stated that all financial institutions have a month to comply with the new AML g...

UAE Central Bank Issues New Anti-Money Laundering Guidelines Explore More

News

Singapore’s Regulatory Authority Fines US$1.7M to Resorts World Sentosa for Due Diligence Failure

The gambling operator, Resorts World Sentosa (RWS), was fined by Singapore’s Gambling Regulatory ...

Singapore’s Regulatory Authority Fines US$1.7M to Resorts World Sentosa for Due Diligence Failure Explore More

News

Treasury to Require Car Dealers to Reveal the Identities and Sources of Income of Buyers

The Treasury of Kenya will require car dealers to provide the identities and sources of their inc...

Treasury to Require Car Dealers to Reveal the Identities and Sources of Income of Buyers Explore More

News

Regulators Criticise Deutsche Bank over Forex Mis-selling Probe

ECB and BaFin have told Deutsche Bank that they are “not satisfied” with its probe into mis-selli...

Regulators Criticise Deutsche Bank over Forex Mis-selling Probe Explore More

News

MFSA, SEC, Along with FCA Introduces New AML Guidelines for Money Laundering Officers and Virtual Asset Service Providers

The Malta Financial Services Authority (MFSA), Securities and Exchange Commission (SEC), and Fina...

MFSA, SEC, Along with FCA Introduces New AML Guidelines for Money Laundering Officers and Virtual Asset Service Providers Explore More

News

US Task Force Seizes Another Superyacht in the Battle Against Russian Oligarchs’ Corruption

A new US task force has partnered with the IRS and global entities to take down Russian oligarchs...

US Task Force Seizes Another Superyacht in the Battle Against Russian Oligarchs’ Corruption Explore More

News

UAE banking sector unites with law enforcement agencies to tackle fraud

Dubai: UAE’s first national fraud awareness campaign has been initiated with the collaboration of...

UAE banking sector unites with law enforcement agencies to tackle fraud Explore More

News

FinCEN Wants Banks to Submit SARs to Affiliates Under AML Act 2021

FinCEN proposed a new rule that will allow banks to share suspicious activity reports with foreig...

FinCEN Wants Banks to Submit SARs to Affiliates Under AML Act 2021 Explore More

News

Albania Fails to Take Strict AML/CFT Measures

According to MONEYVAL, Albania has failed to take the necessary steps to improve measures on figh...

Albania Fails to Take Strict AML/CFT Measures Explore More

News

West Midlands Lose Approximately £8 Million to Employee Fraud in 2022

Business advisors RSM UK has revealed West Midlands as a hotspot for employee fraud. The region h...

West Midlands Lose Approximately £8 Million to Employee Fraud in 2022 Explore More

News

AAT Warns UK Businesses are Vulnerable to Money Laundering Threat After Reforming AML Regulations

The Association of Accounting Technicians (AAT) warned the UK government that reforming Anti-Mone...

AAT Warns UK Businesses are Vulnerable to Money Laundering Threat After Reforming AML Regulations Explore More

News

Electronics Giant Samsung Confirms a Data Breach Affecting Personal Information of Customers

Samsung announced a data breach involving customers’ personal information, assuring that so...

Electronics Giant Samsung Confirms a Data Breach Affecting Personal Information of Customers Explore More

News

Bitcoin scam exposes thousands to a data breach

Fraud websites have successfully stolen the personal records of a number of individuals from the ...

Bitcoin scam exposes thousands to a data breach Explore More

News

Star Casino Faces Class Action for Anti-Money Laundering Failures

The Star casino has been hit with a shareholder class action for its alleged non-compliance with ...

Star Casino Faces Class Action for Anti-Money Laundering Failures Explore More

News

The UK’s Financial Services Minister States Banks Should Not Close Accounts Based on Political Views of Their Customers

The financial services minister, Andrew Griffith, commented on July 4th that banks should be requ...

The UK’s Financial Services Minister States Banks Should Not Close Accounts Based on Political Views of Their Customers Explore More

News

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms

Since May 2023, Estonia’s updated crypto AML/CFT regulations have resulted in an 80% reduction in...

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms Explore More

News

Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions

Visa Inc. and Mastercard Inc. are once again facing inquiries by the Federal Trade Commission ove...

Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions Explore More

News

EU to Investigate Google and Facebook’s Data Collection Practices

The European Union has begun preliminary investigations into the data collection practices of Goo...

EU to Investigate Google and Facebook’s Data Collection Practices Explore More

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

Natwest Caps Transfer Limit to Binance Over Fraud Concerns

Natwest bank is scrutinizing cryptocurrency transactions, including Binance transactions, due to ...

Natwest Caps Transfer Limit to Binance Over Fraud Concerns Explore More

News

UAE adopts digital identity and blockchain to fight COVID-19

Taking into account the recent Coronavirus outbreak, UAE’s Ministry of Community Development (MOC...

UAE adopts digital identity and blockchain to fight COVID-19 Explore More

News

OCBC Fines Money Laundering Suspect $19.7million

The Oversea-Chinese Banking Corporation (OCBC) has fined the individuals involved in Singapore’s ...

OCBC Fines Money Laundering Suspect $19.7million Explore More

News

Ukraine Issues 14 Million Biometric Passports

According to Ukrinform, more than 14 million biometric passports have been issued in Ukraine so f...

Ukraine Issues 14 Million Biometric Passports Explore More

News

Uganda at Risk of Getting Blacklisted by FATF Unless it Addresses 16 Issues

Uganda is facing the risk of being added to a global blacklist for money laundering and terrorism...

Uganda at Risk of Getting Blacklisted by FATF Unless it Addresses 16 Issues Explore More

News

Manitoba Expands Criminal Property Forfeiture Branch to Counter Money Laundering

The Manitoba government is expanding the Criminal Property Forfeiture (CPF) branch as part of its...

Manitoba Expands Criminal Property Forfeiture Branch to Counter Money Laundering Explore More

News

FInTech solutions to be incorporated by Chinese banks

According to International Data Corporation (IDC), an international market intelligence firm, as ...

FInTech solutions to be incorporated by Chinese banks Explore More

News

Enhanced AML/CFT Framework Pays Off – Mauritius Off FATF’s Grey List

Implementing an enhanced AML/CFT framework brings terrific news for Mauritius as they are off FAT...

Enhanced AML/CFT Framework Pays Off – Mauritius Off FATF’s Grey List Explore More

News

Interpol Calls for Global Action to Prevent “Ransomware Pandemic”

Interpol has called for united global action to be implemented against ransomware attacks, follow...

Interpol Calls for Global Action to Prevent “Ransomware Pandemic” Explore More

News

Research and Data are Key to Developing Fair Crypto Regulations, Say Blockchain Experts

As global regulators are looking to have control over crypto, blockchain analysts say that lawmak...

Research and Data are Key to Developing Fair Crypto Regulations, Say Blockchain Experts Explore More

News

FBI Warns About the Emerging Fraud Related to COVID-19 Vaccine

The Office of Inspector General, U.S Department of Health and Human Services, FBI, and Centers fo...

FBI Warns About the Emerging Fraud Related to COVID-19 Vaccine 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

AUSTRAC Partners With UK Counterpart to Fight Fraud

The financial intelligence agency has announced AUSTRAC has entered a new partnership with a UK c...

AUSTRAC Partners With UK Counterpart to Fight Fraud Explore More

News

German FinTech N26 Notches $100M Amid COVID-19 Uncertainty

A funding deal for an extra $100 million has been closed by a German challenger bank N26 as it pr...

German FinTech N26 Notches $100M Amid COVID-19 Uncertainty Explore More

News

Deutsche Bank to Revise its Compliance and Risk Management Functions

Deutsche Bank is working on reforming its compliance function and risk management measures. The b...

Deutsche Bank to Revise its Compliance and Risk Management Functions Explore More

News

Binance revokes Upbit hackers’ attempt to launder stolen funds

At just after 16:00 UTC Wednesday, bot Twitter account Whale Alert notified Binance – which has e...

Binance revokes Upbit hackers’ attempt to launder stolen funds Explore More

News

FATF Member, Saudi Arabia, Winning the World Money Laundering Race

During a virtual meeting on Monday, the FATF supported Saudi Arabia to combat money laundering an...

FATF Member, Saudi Arabia, Winning the World Money Laundering Race Explore More

News

AFM Fines Robeco ​​€2 Million for AML Compliance Failure

The Netherlands’ financial regulator AFM has fined Robeco €2 million for failing to implement ade...

AFM Fines Robeco ​​€2 Million for AML Compliance Failure Explore More

News

Swedbank cuts former CEO’s Golden Parachute over Money-Laundering

STOCKHOLM – Swedbank has canceled the severance pay of former CEO, Birgitte Bonnesen after ...

Swedbank cuts former CEO’s Golden Parachute over Money-Laundering Explore More

News

Financial Fraud Alerts in the UK are Most Prevalent in Crypto Firms, Reports FCA

FCA has labeled crypto as the top sector for financial scam warnings in the UK.  As of now, there...

Financial Fraud Alerts in the UK are Most Prevalent in Crypto Firms, Reports FCA Explore More

News

Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures

The financial intelligence Analysis Unit has issued an annual report that shows that the total fi...

Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures Explore More

News

Council of Europe Shows Support to Serbian Authorities For Combating Money Laundering

The Council of Europe stays dedicated to showing support to authorities for fighting money-launde...

Council of Europe Shows Support to Serbian Authorities For Combating Money Laundering Explore More

News

‘Businesses need to brace for Iranian Cyberattacks’ – warns Homeland Security

The news of the assassination of Iranian military commander, Qaem Soleimani, is all over the medi...

‘Businesses need to brace for Iranian Cyberattacks’ – warns Homeland Security Explore More

News

Europol Warns Trade-Based Money Laundering Poses Substantial Threat to Financial Institutions

Financial institutions faced trade-based money laundering as a new threat since the digitalisatio...

Europol Warns Trade-Based Money Laundering Poses Substantial Threat to Financial Institutions Explore More

News

Russian police arrest former post office chief for mining crypto

A former Russian regional post office chief was involved in mining cryptocurrencies via the offic...

Russian police arrest former post office chief for mining crypto Explore More

News

Norway’s DNB is Facing a Possible Fine of $45M for Poor AML Compliance

Norway’s leading bank, DNB ASA, faces the possibility of a $45 million penalty for its inadequate...

Norway’s DNB is Facing a Possible Fine of $45M for Poor AML Compliance Explore More

News

EU, UK and US Blame Russia for Cyberattacks on Internet Service Providers

Accusations were imposed on Russia due to the recent disastrous cyberattacks on the European sate...

EU, UK and US Blame Russia for Cyberattacks on Internet Service Providers Explore More

News

Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams

The Action Fraud Fund report exposes the extent of cryptocurrency fraud and Ponzi schemes circula...

Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams Explore More

News

Banks warned against profiteering from UK coronavirus crisis

British institutions, including banks, have been urged to avoid profiteering from the Coronavirus...

Banks warned against profiteering from UK coronavirus crisis 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