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

    216.73.216.219

    ‘Identity Theft Reaches New Heights’ – Reveals Shufti Global ID Fraud Report 2021

    PR-identity

    Originally published on PR Underground

    CANARY WHARF, UK – Feb. 18, 2022 – Globally acclaimed identity verification service provider, Shufti, released new data in a recently published Global ID Fraud Report – 2021 which entails insights from ample research of 11 months of verification. The report shed a light on the evolving fraudulent activities and advanced manipulation techniques that Shufti encountered in 2021. Experts from Shufti have also made fraud predictions that will threaten the corporate sector in 2022.  

    The constant spike in identity and financial fraud with each passing year causes major troubles for both retailers and customers. In 2021, Shufti captured around 33% of tampered ID document fraud attempts. Sudan, Kenya, Cameroon, and Ethiopia were the primary targets of fraudsters with biometric fraud attempts surpassing 50% in 2021. MRZ manipulation, counterfeit documents, and imitated security features are some of the reasons that caused an increase in fraud. 

    COVID-19 pandemic has further fueled the fire as the report found that the fraud rate recorded in 2020 was approximately 21%, while in 2021, even though the physical restriction began to lift, the overall scam rate was increased by a whopping 3%. Taking advantage of the COVID-19 pandemic and recurring lockdowns, perpetrators fully targeted businesses and customers in the holiday season. Impersonation scams, synthetic ID fraud, account takeover, and chargebacks were some of the most encountered fraud attempts this holiday season

    “We are surprised to see the remarkable turn of fraudsters from simple manipulation of identity documents to tech-driven tampering to dodge identity verification,” said Victor Fredung, the CEO of Shufti. “As we move on to 2022, I would advise businesses in every industry to employ robust mechanisms to combat identity thieves and financial criminals.”

    The key takeaways from the report include:

    • Around 30% of the phishing emails sent every day are opened by victims and 12% of them click on the malicious link given. Considering the growing trends of fraud, it is observed that phishing attacks will be greatly used by fraudsters to carry out illegal activities
    • Millions were laundered through virtual assets in 2021 and considering the fraud cases it is predicted that crypto and NFT-based criminal activities will increase significantly in the coming years 
    • The trends in remote working will provide fraudsters an edge to easily target companies that are employing remote working, especially during a pandemic

    About Shufti

    AI-powered digital identity verification solution provider, Shufti, offers KYC, KYB, and AML services in 230+ countries and territories. Given the ability to verify 3000+ documents, Shufti authenticates documents in 150+ languages with an accuracy rate of 98.67%. Through its AI-driven efficient verification services, the company aims to create a secure digital marketplace devoid of identity theft and other fraudulent activities. 

    For more information, 

    Damien Martin
    Marketing Executive | Shufti
    [email protected]
    +44 1225290329

    Related Posts

    Press Release

    PureFi Partners with Shufti to Secure Digital Identities in the DeFi Market

    Originally Published on the Digital Journal  London, 16 July 2021 – Shufti, an AI-based...

    PureFi Partners with Shufti to Secure Digital Identities in the DeFi Market Explore More

    Press Release

    Shufti’s Advanced IDV Platform Protects Minors From Accessing Age-restricted Content

    Published on PR Log  London, UK – October 30, 2023 – Shufti, a leading IDV service provider i...

    Shufti’s Advanced IDV Platform Protects Minors From Accessing Age-restricted Content Explore More

    Press Release

    Award-winning IDV Services Provider Shufti Yields Stellar Q1 2023 Performance

    Initially Published on PR Log  London, UK – July 21, 2023 – Shufti, the leading identity veri...

    Award-winning IDV Services Provider Shufti Yields Stellar Q1 2023 Performance Explore More

    Press Release

    Auto-capture Feature for Selfie biometrics and ID Docs Launched by Shufti to Ease Authentication

    Initially Published on Biometricupdate Shufti has introduced an auto-capture feature to its I...

    Auto-capture Feature for Selfie biometrics and ID Docs Launched by Shufti to Ease Authentication Explore More

    Press Release

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers

    Initially Published on PR Log London, UK – May 18, 2023 – R1SE, a gaming platform, has part...

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers Explore More

    Press Release

    THINC and Shufti Join Forces to Elevate Identity Verification Services in the Middle East

    Initially Published on PR Log  London, UK – September 19, 2023 – Shufti, an award-winning ide...

    THINC and Shufti Join Forces to Elevate Identity Verification Services in the Middle East Explore More

    Press Release

    Sopra Banking Software Chooses Shufti’s Groundbreaking Identity Verification Solution for Swift and Reliable KYC

    July 1 2021,  London UK – Shufti, an AI-powered identity verification services provider...

    Sopra Banking Software Chooses Shufti’s Groundbreaking Identity Verification Solution for Swift and Reliable KYC Explore More

    Press Release

    Shufti Strengthens its Grip in the IDV Industry by Achieving ISO/IEC 27001: 2013 Certification

     Originally published on PR Log London, UK – March 2, 2023 – Shufti, the only IDV service pro...

    Shufti Strengthens its Grip in the IDV Industry by Achieving ISO/IEC 27001: 2013 Certification Explore More

    Press Release

    Shufti Nominated for “KYC Solution of the Year” at Sigma Americas Awards 2022

    London, UK  – May 31, 2022  – Acknowledging the ID verification solutions of Shufti in the ga...

    Shufti Nominated for “KYC Solution of the Year” at Sigma Americas Awards 2022 Explore More

    Press Release

    Another Feather in the Cap – Shufti Becomes Guild Certified

    LONDON, UK (September 24, 2019) Shufti has been awarded the Guild Certificate of Compliance, ...

    Another Feather in the Cap – Shufti Becomes Guild Certified Explore More

    Press Release

    Shufti Announces $20 Million Series A Funding to Accelerate Growth 

    London, UK – 15 March 2022 – A global market leader in AI-powered IDV solutions, Shufti...

    Shufti Announces $20 Million Series A Funding to Accelerate Growth  Explore More

    Press Release

    Another Achievement Unlocked – Shufti is Now a CyberTech100 Company

    Originally Published on Digital Journal  Shufti, the global identity verification service pro...

    Another Achievement Unlocked – Shufti is Now a CyberTech100 Company Explore More

    Press Release

    Shufti Brings Home the Ultimate Fintech Award For “Best Client Onboarding Solution”

    London, UK – June 10, 2022 – Shufti, a globally trusted KYC/AML service provider has be...

    Shufti Brings Home the Ultimate Fintech Award For “Best Client Onboarding Solution” Explore More

    Press Release

    Shufti is All Set to Attend the World’s Gaming Festival, Sigma Americas

    London, UK – June 3, 2022 – Globally acclaimed for its identity verification solutions, Shu...

    Shufti is All Set to Attend the World’s Gaming Festival, Sigma Americas Explore More

    Press Release

    Shufti Extends Digital KYC Services To Silicon Valley based Venture – BitTiger LLC

    Bath, United Kingdom – May 14, 2018 – Shufti, the PCI certified, AML and Digital ...

    Shufti Extends Digital KYC Services To Silicon Valley based Venture – BitTiger LLC Explore More

    Press Release

    B2Broker is Using Shufti’s AI to Verify Customers Within Seconds

    London, UK  – June 24, 2022 – UK-based Shufti, an innovator in identity verification so...

    B2Broker is Using Shufti’s AI to Verify Customers Within Seconds Explore More

    Press Release

    Shufti Sweeps Global Banking & Finance Awards 2021 With Two Major Wins

    Originally Published at PR Log CANARY WHARF, U.K. – July 19, 2021 – Shufti has wo...

    Shufti Sweeps Global Banking & Finance Awards 2021 With Two Major Wins Explore More

    Press Release

    Shufti Announces $20 Million Series A Funding to Accelerate Growth 

    London, UK – March 2022 – A global market leader in AI-powered IDV solutions, Shufti ...

    Shufti Announces $20 Million Series A Funding to Accelerate Growth  Explore More

    Press Release

    Shufti Complies with New Guidelines for SEPA Instant Credit Transfer Scheme

    London, UK – Nov 30, 2022 – Shufti, the leading provider of AI-powered end-to-end ident...

    Shufti Complies with New Guidelines for SEPA Instant Credit Transfer Scheme Explore More

    Press Release

    Shufti Extends its Pioneering IDV Services to Cover All Major Global Industries

    Initially Published  on PR Log  London, UK – October 10, 2023 – Shufti, an award-winning IDV ...

    Shufti Extends its Pioneering IDV Services to Cover All Major Global Industries Explore More

    Press Release

    Shufti’s Identity Verification to be Used by Baaz. Inc. for Secure Customer Onboarding

    London, (October 2020), Baaz Inc. – a social media platform specially designed to bring the...

    Shufti’s Identity Verification to be Used by Baaz. Inc. for Secure Customer Onboarding Explore More

    Press Release

    Auto-capture Feature for Selfie biometrics and ID Docs Launched by Shufti to Ease Authentication

    Initially Published on Biometricupdate Shufti has introduced an auto-capture feature to its I...

    Auto-capture Feature for Selfie biometrics and ID Docs Launched by Shufti to Ease Authentication Explore More

    Press Release

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers

    Initially Published on PR Log London, UK – May 18, 2023 – R1SE, a gaming platform, has part...

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers Explore More

    Press Release

    Shufti signs MOU with Ontology for Technical Collaboration

    BATH, UK – (October 11th, 2018) Shufti has recently signed a Memorandum Of Understanding (MOU...

    Shufti signs MOU with Ontology for Technical Collaboration Explore More

    Press Release

    Shufti’s® e-KYC services establish in the United Kingdom

      Months of hard work and diligence in the fraud protection services resulted in Shufti&...

    Shufti’s® e-KYC services establish in the United Kingdom Explore More

    Press Release

    Bonorum joined hands with Shufti to run a secure trade platform

    London, UK – (January 2020) Shufti partnered with Bonorum to help them perform efficien...

    Bonorum joined hands with Shufti to run a secure trade platform Explore More

    Press Release

    Shufti Announces $20 Million Series A Funding to Accelerate Growth 

    London, UK – March 2022 – A global market leader in AI-powered IDV solutions, Shufti ...

    Shufti Announces $20 Million Series A Funding to Accelerate Growth  Explore More

    Press Release

    PureFi Partners with Shufti to Secure Digital Identities in the DeFi Market

    Originally Published on the Digital Journal  London, 16 July 2021 – Shufti, an AI-based...

    PureFi Partners with Shufti to Secure Digital Identities in the DeFi Market Explore More

    Press Release

    CEO Shufti Victor Fredung Speaks at US Congress Hearing on Digital Privacy

    Originally Published on Market Watch.  London, 26 July 2021 – A congressional virtual heari...

    CEO Shufti Victor Fredung Speaks at US Congress Hearing on Digital Privacy Explore More

    Press Release

    Louisiana Gaming Control Board and West Virginia Lottery Board Awards Sports Wagering Service provider License to Shufti

    London, UK – June 16, 2022 – Shufti, the global identity verification service pro...

    Louisiana Gaming Control Board and West Virginia Lottery Board Awards Sports Wagering Service provider License to Shufti Explore More

    Press Release

    Supercharge Joins Forces With Shufti to Strengthen Security In Digital Solutions

    Initially Published on PR Log  London, UK – August 23, 2023 – Supercharge, an end-to-...

    Supercharge Joins Forces With Shufti to Strengthen Security In Digital Solutions Explore More

    Press Release

    Restore Money Foundation uses Shufti to Accelerate Customer Onboarding Process

    BATH, UK – (February 25th, 2019) Shufti partners with Restore Money Foundation in order to fa...

    Restore Money Foundation uses Shufti to Accelerate Customer Onboarding Process Explore More

    Press Release

    Shufti Doubles Revenues in 2020 on Biometrics and Compliance for Digital Shift

    Originally published on Biometicupdate  Revenues from Shufti’s biometric identity verificatio...

    Shufti Doubles Revenues in 2020 on Biometrics and Compliance for Digital Shift Explore More

    Press Release

    Shufti Partners with Drakemall to Provide KYC/AML Services to the Loot Box site

    London, UK – (13 January 2020) Shufti joined forces with Drakemall to provide them swif...

    Shufti Partners with Drakemall to Provide KYC/AML Services to the Loot Box site Explore More

    Press Release

    Opal Joins Hands with Shufti to Automate the KYC Process for Customer Onboarding

    Originally Published at PR Log.  CANARY WHARF, UK – NOV. 29, 2021 – End-to-end regula...

    Opal Joins Hands with Shufti to Automate the KYC Process for Customer Onboarding Explore More

    Press Release

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification

    Initially Published on The Paypers  London, UK – November 27, 2023 – Shufti, one of the leadi...

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification Explore More

    Press Release

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers

    Initially Published on PR Log London, UK – May 18, 2023 – R1SE, a gaming platform, has part...

    R1SE Collaborates With Shufti to Provide Unmatched Security For Gamers Explore More

    Press Release

    Shufti Took Center Stage at Reflect Fest 2023, Highlighting KYC & AML Screening Solutions

    Initially Published on pr.com London, UK – October 27, 2023 – Shufti, one of the leading ID v...

    Shufti Took Center Stage at Reflect Fest 2023, Highlighting KYC & AML Screening Solutions Explore More

    Press Release

    Penning Collaborates with Shufti to Deliver Digital Asset Services With Utmost Security

    London, UK – August 17, 2023 – Penning, a leading innovator in digital financial solu...

    Penning Collaborates with Shufti to Deliver Digital Asset Services With Utmost Security Explore More

    Press Release

    Shufti Joins Forces with CWallet to Spearhead Financial Revolution in Qatar

    Initially Published on PR Log London, UK – August 15, 2023 – Shufti, the leading identity ver...

    Shufti Joins Forces with CWallet to Spearhead Financial Revolution in Qatar Explore More

    Press Release

    Tech Connoisseurs Present Shufti for Digital Identity Verification

    KYC compliant and Identity Verification SaaS, Shufti, is launched for mobile and web-based in...

    Tech Connoisseurs Present Shufti for Digital Identity Verification Explore More

    Press Release

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification

    Initially Published on The Paypers  London, UK – November 27, 2023 – Shufti, one of the leadi...

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification Explore More

    Press Release

    Shufti Receives 2019 Great User Experience and Rising Star Honors as a Verification Identity Service in B2B Review Platform

    We’ve recently wrapped up another year of upholding our clients’ business integrity and security ...

    Shufti Receives 2019 Great User Experience and Rising Star Honors as a Verification Identity Service in B2B Review Platform Explore More

    Press Release

    Carkparkhub Joins Hands With Shufti to Offer Fool-proof Transaction Experience

    Initially Published on PR Log  London, UK – June 13, 2023 – Carkparkhub, the leading online...

    Carkparkhub Joins Hands With Shufti to Offer Fool-proof Transaction Experience Explore More

    Press Release

    Shufti’s Cutting-Edge ID Verification Services Now Available on omnis pay

    Initially Published on PR Log  London, UK – October 13, 2023 – Shufti, a leading ID verificat...

    Shufti’s Cutting-Edge ID Verification Services Now Available on omnis pay Explore More

    Press Release

    Shufti Announces $20 Million Series A Funding to Accelerate Growth 

    London, UK – March 2022 – A global market leader in AI-powered IDV solutions, Shufti ...

    Shufti Announces $20 Million Series A Funding to Accelerate Growth  Explore More

    Press Release

    99Starz Partners With Shufti To Perform Seamless User Onboarding

    Originally Published at PR Log CANARY WHARF, UK – NOV. 26, 2021 – Building the world’...

    99Starz Partners With Shufti To Perform Seamless User Onboarding Explore More

    Press Release

    Another Achievement Unlocked – Shufti is Now a CyberTech100 Company

    Originally Published on Digital Journal  Shufti, the global identity verification service pro...

    Another Achievement Unlocked – Shufti is Now a CyberTech100 Company Explore More

    Press Release

    Shufti’s biometric authentication solution to be used for digital board meetings facilitated by Core chain

    June 2020 — London – Shufti onboards core-chain, a single point of contact for bl...

    Shufti’s biometric authentication solution to be used for digital board meetings facilitated by Core chain Explore More

    Press Release

    Shufti Exhibits at the Largest Global B2B Fintech Conference “iFX EXPO Dubai 2023”

    London, UK – Jan 17, 2023 – Shufti, the leading provider of AI-powered end-to-end identity ve...

    Shufti Exhibits at the Largest Global B2B Fintech Conference “iFX EXPO Dubai 2023” Explore More

    Press Release

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification

    Initially Published on The Paypers  London, UK – November 27, 2023 – Shufti, one of the leadi...

    Shufti Commits To Data Privacy And Transparency By Achieving Qg-gdpr Certification Explore More

    Press Release

    Digital KYC/AML Operations – Shufti Gears Up for GDPR Enforcement

    Ever since the debate about GDPR came into existence from the EU Parliament, the long awaited and...

    Digital KYC/AML Operations – Shufti Gears Up for GDPR Enforcement Explore More

    Press Release

    DateID’s Customer Acquisition Rate Surges Threefold Using Shufti’s IDV

    Originally Published on PR Log.  CANARY WHARF, U.K. – June 24, 2021 – DateID, a Calif...

    DateID’s Customer Acquisition Rate Surges Threefold Using Shufti’s IDV Explore More

    Press Release

    Document Forgery Shows no Sign of Slowing Down” Uncovers Shufti’s Annual ID Fraud Report 2022

    Originally published on PR Log London, UK – Feb 16, 2023 – Shufti, one of the world’s leading...

    Document Forgery Shows no Sign of Slowing Down” Uncovers Shufti’s Annual ID Fraud Report 2022 Explore More

    Press Release

    Award-winning KYC/AML Provider Shufti Marks 4-year Anniversary

    Originally published at PR Log.  CANARY WHARF, UK – OCT. 28, 2021 – This month, the g...

    Award-winning KYC/AML Provider Shufti Marks 4-year Anniversary Explore More

    Press Release

    Shufti Unveils Groundbreaking White Paper on the iGaming Landscape

    Initially Published on PR Log  London, UK – July 12, 2023 – Shufti, a global market leader in...

    Shufti Unveils Groundbreaking White Paper on the iGaming Landscape Explore More

    Press Release

    Shufti Complies with New Guidelines for SEPA Instant Credit Transfer Scheme

    London, UK – Nov 30, 2022 – Shufti, the leading provider of AI-powered end-to-end ident...

    Shufti Complies with New Guidelines for SEPA Instant Credit Transfer Scheme Explore More

    Press Release

    World’s Fastest Crypto Payment Network temtum Partners with Shufti on New Digital Screening Measures

    London, UK – (8th April 2020) Temtum, the quantum-secure, efficient, and carbon-neutral cry...

    World’s Fastest Crypto Payment Network temtum Partners with Shufti on New Digital Screening Measures Explore More

    Press Release

    Louisiana Gaming Control Board and West Virginia Lottery Board Awards Sports Wagering Service provider License to Shufti

    London, UK – June 16, 2022 – Shufti, the global identity verification service pro...

    Louisiana Gaming Control Board and West Virginia Lottery Board Awards Sports Wagering Service provider License to Shufti Explore More

    Press Release

    Shufti Ltd. wins the Global Business Excellence Award for Outstanding product

    October 2020, London, Shufti is announced the winner of the Global Business Excellence Award ...

    Shufti Ltd. wins the Global Business Excellence Award for Outstanding product Explore More

    Press Release

    FastBitcoins Joins Hands with Shufti for Screening of their Customers

    London, UK – (October 2019) Shufti joins forces with FastBitcoins to allow them to prov...

    FastBitcoins Joins Hands with Shufti for Screening of their Customers Explore More

    Press Release

    Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems

    London, UK – November 29, 2023 – Shufti, a globally trusted identity verification service pro...

    Shufti Presenting Webinar “Protecting our Youth: The Role of IDV in Ensuring Secure Gaming” – Providing Insights into the Risks Associated with Weaker KYC Systems Explore More

    Press Release

    Vengo Joins Hands with Shufti to Deliver AI-powered IDV Services

    Canary Wharf, UK – Nov 10, 2021, Vengo, a global mobility platform providing ride-hailing s...

    Vengo Joins Hands with Shufti to Deliver AI-powered IDV Services Explore More

    Press Release

    Shufti’s KYC and AML Screening Solutions Redefine Security and Compliance Standards of the Digital Sphere

    Initially Published on Businesswire London, UK – May 30, 2023 – Shufti, a leading...

    Shufti’s KYC and AML Screening Solutions Redefine Security and Compliance Standards of the Digital Sphere Explore More

    Press Release

    Shufti’s Reveals That Global Identity Fraud Increased 3.36% in 2020

    Originally Published on PR.com Shufti, a worldwide KYC and AML service provider empowered wit...

    Shufti’s Reveals That Global Identity Fraud Increased 3.36% in 2020 Explore More

    Press Release

    Shufti Hosted a Webinar to Empower Businesses with Expert Insights on AML Compliance and KYC Practices

    London, UK – April 20, 2023 – Shufti, a globally trusted AI-powered ID verificati...

    Shufti Hosted a Webinar to Empower Businesses with Expert Insights on AML Compliance and KYC Practices Explore More

    Press Release

    FCA Regulated Bilderlings joins forces with Shufti to accelerate the process of Secure Client Onboarding

    London, UK – (January 2020) Shufti on-boarded a banking company – Bilderlings ...

    FCA Regulated Bilderlings joins forces with Shufti to accelerate the process of Secure Client Onboarding Explore More

    Press Release

    Shufti – Pioneer in automated Digital KYC and AML Processes

    Shufti has become a leading identity verification service in a small amount of time because o...

    Shufti – Pioneer in automated Digital KYC and AML Processes Explore More

    Press Release

    Carkparkhub Joins Hands With Shufti to Offer Fool-proof Transaction Experience

    Initially Published on PR Log  London, UK – June 13, 2023 – Carkparkhub, the leading online...

    Carkparkhub Joins Hands With Shufti to Offer Fool-proof Transaction Experience Explore More

    Press Release

    GOLDMINT® turns towards Shufti® for Investors’ Verification

      The call for e-KYC, authenticating them, and securing their payment processes led to the S...

    GOLDMINT® turns towards Shufti® for Investors’ Verification Explore More

    Press Release

    Shufti Has Been Nominated for the Nordic Startup Awards 2021!

    Originally Published on PR Log. CANARY WHARF, U.K. – June 25, 2021 – Owing to the ent...

    Shufti Has Been Nominated for the Nordic Startup Awards 2021! Explore More

    Press Release

    DateID’s Customer Acquisition Rate Surges Threefold Using Shufti’s IDV

    Originally Published on PR Log.  CANARY WHARF, U.K. – June 24, 2021 – DateID, a Calif...

    DateID’s Customer Acquisition Rate Surges Threefold Using Shufti’s IDV 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