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

    Paysprint and Shufti Join Forces to Provide an Automated, Secure, and Seamless Customer Experience

    Paysprint

    London, UK – DEC 9, 2022 – PaySprint, a fintech company headquartered in Toronto, Canada, has announced a partnership with Shufti, a globally trusted identity verification service provider, to perform seamless, fast, and secure customer transactions while adhering to global KYC & AML regulations.

    PaySprint is a 100% subscription-based digital wallet that enhances payment processing among individuals and merchants. The company’s digital wallet enables individuals to send and receive money locally and across the border, while merchants are able to receive payments from customers through QR Code for face-to-face payments, sharing payments link for remote customers, and online payments on the business website through API with no usage fees.

    Reduced costs, convenience, speed, and personalization are some of the main factors that make fintech players successful in today’s digital economy. While these advantages paint a positive picture, there is also a riskier part to being an online service provider. Fraudsters try their best to manipulate the system and take advantage of unsuspecting users in the Fintech markets. That is why PaySprint has decided to upgrade its fraud prevention strategy and integrate Shufti’s identity verification services.

    Shufti, a global trust platform, makes the most of an organisation’s identity verification investment by eliminating manual processes and enhancing operational efficiency. The company’s reliable and highly accurate IDV solutions are built to detect and prevent identity theft and data breaches, thereby securing customer transactions. Through this partnership, PaySprint is able to integrate Shufti’s suite of over 17 services via a single API that helps the company avoid any type of fraudulent activity while meeting AML, KYC, and CTF regulations around the world.

    Commenting on the partnership, the CEO of Paysprint, Shalom Adebiyi, said: “Shufti made it easy for us to expand more rapidly into many more countries than we envisaged. We believe that partnering with Shufti would continue to enable us to meet the local compliance requirements and deliver superior values to our customers.”

    “According to FTC reports, financial service providers experienced a 39% increase in fraud cases last year, while businesses belonging to other industries faced an increase of 7%,” said Victor Fredung, the CEO of Shufti. “The rise in fraud cases is enough to show how badly businesses related to the finance industry need IDV services. We are proud to be assisting our partner, PaySprint, in avoiding identity and financial fraud while helping them to meet KYC & AML regulations.”

    About Paysprint

    PaySprint was incorporated in 2021 to deepen the financial inclusion of the underserved in both urban and semi-urban centres globally through its product, PaySprint. Leveraging existing technological and payment infrastructure, the company’s digital wallet offers seamless, end-to-end payments at minimum costs. In addition, merchants connected with customers nearby can create and send invoices on any mobile device instantly, receive payments from customers and withdraw funds to the bank with ease. PaySprint is currently available in over 100 countries and in 52 currencies

    About Shufti

    Shufti is an identity verification service provider offering KYC, KYB, KYI, AML, and OCR solutions worldwide. The UK-based company has 5 international offices and has launched a suite of 17 different IDV products since its inception in 2017. With the ability to verify over 10,000 documents in 150 languages, Shufti serves customers in 230 countries and territories. 

    For more information, please contact:

    Graeme Rowe
    CMO | Shufti
    [email protected]
    +44 7909 447255

    Related Posts

    Press Release

    Shufti to verify the investors of blockchain-based real-estate company PlotPeer

    London, UK – (13 January 2020) Shufti will now verify the investors of PlotPeer through...

    Shufti  to verify the investors of blockchain-based real-estate company PlotPeer Explore More

    Press Release

    Mistral Pay turns to Shufti for KYC and AML Compliance services

    Shufti has joined hands with Mistral Pay to provide KYC and AML Compliance services to this M...

    Mistral Pay turns to Shufti for KYC and AML Compliance services Explore More

    Press Release

    Vconnect to verify new businesses on its platform via Shufti

    BATH, UK – (October 8th, 2018) Vconnect, an online marketplace to connect businesses and consumer...

    Vconnect to verify new businesses on its platform via Shufti 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

    Rock Stable Unveils its Integration of Shufti’s IDV Solutions | A Strategic Move to Prevent Crypto Fraud

    Initially Published on PR Log  London, UK – March 13, 2023 – Rock Stable, a company that introduc...

    Rock Stable Unveils its Integration of Shufti’s IDV Solutions | A Strategic Move to Prevent Crypto Fraud Explore More

    Press Release

    Shufti’s Recent Strides in Accelerating Global Trust

    Initially Published on PR Log  London, UK – September 27, 2023 – Shufti, one of the world’s l...

    Shufti’s Recent Strides in Accelerating Global Trust 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’s® ‘Still Verification’ Feature Enhances Customisation for KYC Services

      Demand for enhanced fraud prevention, increased flexibility to customise, improved custome...

    Shufti’s® ‘Still Verification’ Feature Enhances Customisation for KYC Services Explore More

    Press Release

    CWallet has Granted the QCB PSP Licence Relying on Shufti IDV Technology

    Initially Published on PR Log London, UK – August 30, 2023 – Shufti, an award-winning KYC ser...

    CWallet has Granted the QCB PSP Licence Relying on Shufti IDV Technology 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

    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

    Shufti joins hands with Norwegian game studio ArtPlant for ID Verification Services

    BATH, UK – (July 4, 2018) – Shufti has partnered with a Norway based game studio, Artplant to...

    Shufti joins hands with Norwegian game studio ArtPlant for ID Verification Services Explore More

    Press Release

    Shufti partners with KuBitX to help them onboard a Secure Clientele

    London, UK – (February 2020) Shufti will now verify the customers of the blockchain-bas...

    Shufti partners with KuBitX to help them onboard a Secure Clientele 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 Sheds Light on IDV and Digital Security Trends with Students at Coventry University

    Initially Published on PR.com London, UK – October 27, 2023 – Shufti, one of the leading iden...

    Shufti Sheds Light on IDV and Digital Security Trends with Students at Coventry University 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 Celebrates 5 Years of AI-Powered IDV Innovation That’s Accelerating Trust Worldwide

    London, UK – Oct 31, 2022 – Shufti, the leading provider of AI-powered end-to-end identity ve...

    Shufti Celebrates 5 Years of AI-Powered IDV Innovation That’s Accelerating Trust Worldwide Explore More

    Press Release

    Shufti Launches Risk Assessment Solution to Help Firms Stay Ahead of the Fast-Growing Threat Landscape

    London, UK – Feb 7, 2023 – The leading provider of AI-powered end-to-end identity verification, e...

    Shufti Launches Risk Assessment Solution to Help Firms Stay Ahead of the Fast-Growing Threat Landscape Explore More

    Press Release

    Namachain and Shufti Enter into a Strategic Partnership to Create the First-Ever Non-Custodial Identity Gateway

    London, UK – June 9, 2022 – NamaChain, an innovator in self-sovereign identity solutions, and Shu...

    Namachain and Shufti Enter into a Strategic Partnership to Create the First-Ever Non-Custodial Identity Gateway 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

    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 Bags Nomination of the People’s Choice Stevie® Awards for Favorite Companies

    Originally Published at PR Log. CANARY WHARF, U.K. – Aug. 24, 2021 – Shufti has b...

    Shufti Bags Nomination of the People’s Choice Stevie® Awards for Favorite Companies Explore More

    Press Release

    Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities

    Initially published on PR.com London, UK – November 22, 2023 –  Shufti, one of the leading ID...

    Shufti’s Fraud Prevention Solution: A Powerful Tool Against Fraudulent Entities Explore More

    Press Release

    Shufti Wins Big at Ultimate FinTech Awards

    Originally published on pr.com London, UK – Shufti, the leading AI-powered identity ver...

    Shufti Wins Big at Ultimate FinTech Awards 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’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

    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

    Shufti Enhances Biometric Authentication Through Advanced Depth Sensing Technology

    London, UK – September 27, 2023 – Shufti, an award-winning IDV service provider is announcing...

    Shufti Enhances Biometric Authentication Through Advanced Depth Sensing Technology Explore More

    Press Release

    Team Shufti Sets the Stage for Automated KYC/AML Verification at Money20/20 Europe

    Originally Published at PR Log 20 September – London, UK  Shufti, the global ID verification ...

    Team Shufti Sets the Stage for Automated KYC/AML Verification at Money20/20 Europe Explore More

    Press Release

    Shufti partners with Kabayan Remit to help them practice user-friendly KYC

    London, (April 2020) Shufti will now provide document verification services to UK-based remit...

    Shufti partners with Kabayan Remit to help them practice user-friendly KYC 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

    Hero Gaming Fights Fraud, Cuts Verification Times & Grows Customer Numbers 20% Thanks to Strategic Shufti Partnership

    London, UK – June 29, 2022  – UK based Shufti, a leader in identity verification,...

    Hero Gaming Fights Fraud, Cuts Verification Times & Grows Customer Numbers 20% Thanks to Strategic Shufti Partnership Explore More

    Press Release

    Shufti Launches Risk Assessment Solution to Help Firms Stay Ahead of the Fast-Growing Threat Landscape

    London, UK – Feb 7, 2023 – The leading provider of AI-powered end-to-end identity verification, e...

    Shufti Launches Risk Assessment Solution to Help Firms Stay Ahead of the Fast-Growing Threat Landscape 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 partners with Cryptology – Leading Crypto & Fiat Exchange Platform

    The Global Exchange platform has selected Shufti for unique automated digital KYC processes t...

    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

    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 Wins Gold and Bronze awards for “Company of the Year” at the 2021 International Business Awards

    Originally Published at PR Log.  London (August 23, 2021) – The 2021  International Busines...

    Shufti Wins Gold and Bronze awards for “Company of the Year” at the 2021 International Business Awards Explore More

    Press Release

    FX Back Office and Shufti Partner to Offer Industry-Leading KYC and AML Screening Services to Forex Brokers

    London, UK – July 14, 2022 – Industry-leading Forex CRM software provider, FX Back Office, ...

    FX Back Office and Shufti Partner to Offer Industry-Leading KYC and AML Screening Services to Forex Brokers 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

    Momint Partners With Shufti to Offer More Secure and Sustainable Business Practices

    Originally Published on PR Log  London, UK – May 2, 2023, Momint, a blockchain technology company...

    Momint Partners With Shufti to Offer More Secure and Sustainable Business Practices 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

    CWallet has Granted the QCB PSP Licence Relying on Shufti IDV Technology

    Initially Published on PR Log London, UK – August 30, 2023 – Shufti, an award-winning KYC ser...

    CWallet has Granted the QCB PSP Licence Relying on Shufti IDV Technology Explore More

    Press Release

    World Economic Magazine Honors Shufti with “Best Financial Technology Provider UK 2022” Award

    London, UK – Nov 4, 2022  – Shufti, a highly reputable identity verification solu...

    World Economic Magazine Honors Shufti with “Best Financial Technology Provider UK 2022” Award Explore More

    Press Release

    Shufti Enhances Online Safety for Adult Websites Through its Robust Age-Verification Solution

    London, UK – August 23, 2023 – The state representative of Louisiana, Laurie Schlege, introduced ...

    Shufti Enhances Online Safety for Adult Websites Through its Robust Age-Verification Solution 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

    Meet CEO of Shufti, Victor Fredung at iFX Expo Dubai 2022

    Originally Published on PR Log CANARY WHARF, UK – Feb 22, 2022 – Businesses attend ev...

    Meet CEO of Shufti, Victor Fredung at iFX Expo Dubai 2022 Explore More

    Press Release

    Another feather in the cap! Shufti wins Biz award 2020 for the best consumer service of the year

    October 2020, London, Shufti is announced the winner under the product category of best consu...

    Another feather in the cap! Shufti wins Biz award 2020 for the best consumer service of the year Explore More

    Press Release

    Shufti Enhances Biometric Authentication Through Advanced Depth Sensing Technology

    London, UK – September 27, 2023 – Shufti, an award-winning IDV service provider is announcing...

    Shufti Enhances Biometric Authentication Through Advanced Depth Sensing Technology Explore More

    Press Release

    Import Financing Company Transigo Joins Hands with Shufti to Verify its Clients

    London, (May 2020), Transigo, an import financing company that provides a unique payment mechanis...

    Import Financing Company Transigo Joins Hands with Shufti to Verify its Clients Explore More

    Press Release

    Shufti partners with KuBitX to help them onboard a Secure Clientele

    London, UK – (February 2020) Shufti will now verify the customers of the blockchain-bas...

    Shufti partners with KuBitX to help them onboard a Secure Clientele 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

    Leading IDV Service Provider Shufti Revamps its Website to Offer Enhanced User-Friendly Interface

    Originally Published on PR Log  London, UK – Jan 27, 2023 – Shufti, one of the leading IDV so...

    Leading IDV Service Provider Shufti Revamps its Website to Offer Enhanced User-Friendly Interface Explore More

    Press Release

    Shufti Bags Nomination of the People’s Choice Stevie® Awards for Favorite Companies

    Originally Published at PR Log. CANARY WHARF, U.K. – Aug. 24, 2021 – Shufti has b...

    Shufti Bags Nomination of the People’s Choice Stevie® Awards for Favorite Companies Explore More

    Press Release

    Dacodasoft SRL Collaborates with Shufti to Enhance Security and Compliance in the Transportation Industry

    Initially Published on PR Log London, UK – June 8, 2023 – Dacodasoft SRL, a leading o...

    Dacodasoft SRL Collaborates with Shufti to Enhance Security and Compliance in the Transportation Industry Explore More

    Press Release

    Shufti Bags Nomination for the RegTech Insight Awards USA 2022

    London, UK, – Sep 13, 2022 – Recognizing the milestones achieved by Shufti in the field of Re...

    Shufti Bags Nomination for the RegTech Insight Awards USA 2022 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 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’s Upgraded KYC Services Offer an Unbeatable Onboarding Rate of 100%

    Originally Published on Businesswire London, UK – Shufti, a leading ID verification ser...

    Shufti’s Upgraded KYC Services Offer an Unbeatable Onboarding Rate of 100% Explore More

    Press Release

    nOS picks up Shufti to conduct KYC for its ICO

    Bath, UK (Oct 11th,  2018) nOS has chosen Shufti as its partner to perform KYC verification a...

    nOS picks up Shufti to conduct KYC for its ICO 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® Expands ID Checks Online to Russia and China

      Shufti® advances their technology to support these world giants for their e-KYC needs ...

    Shufti® Expands ID Checks Online to Russia and China Explore More

    Press Release

    Safwa Islamic Bank Integrates Shufti’s KYC & AML Solutions to Streamline Customer Identity Verification

    London, UK – Dec 5, 2022 – A leading banking institution implementing the values of diversi...

    Safwa Islamic Bank Integrates Shufti’s KYC & AML Solutions to Streamline Customer Identity Verification Explore More

    Press Release

    Shufti Partners with Morpheus Labs to Expand Identity Verification in Blockchain Market

    London UK- Shufti, a marketing leader in identity verification services has partnered with Mo...

    Shufti Partners with Morpheus Labs to Expand Identity Verification in Blockchain Market Explore More

    Press Release

    Shufti Continues Global Expansion With Another Office in Cyprus

    Originally Published on PR Log. CANARY WHARF, UK – NOV. 18, 2021 – World-renowned IDV...

    Shufti Continues Global Expansion With Another Office in Cyprus 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

    Shufti Ltd. Declared Winner For Best KYC & Onboarding Solution in Regulation Asia Awards for Excellence 2021

    Originally Published at PR Underground. CANARY WHARF, UK – Dec. 10, 2021 – Shufti...

    Shufti Ltd. Declared Winner For Best KYC & Onboarding Solution in Regulation Asia Awards for Excellence 2021 Explore More

    Press Release

    Dacodasoft SRL Collaborates with Shufti to Enhance Security and Compliance in the Transportation Industry

    Initially Published on PR Log London, UK – June 8, 2023 – Dacodasoft SRL, a leading o...

    Dacodasoft SRL Collaborates with Shufti to Enhance Security and Compliance in the Transportation Industry Explore More

    Press Release

    Shufti Bags Nomination of the Ultimate Fintech Awards 2022

    London, UK  – May 30, 2022 – Recognizing the milestones achieved by Shufti in streamlin...

    Shufti Bags Nomination of the Ultimate Fintech Awards 2022 Explore More

    Press Release

    Shufti Hits 20 Million Successful ID Verifications | Celebrating Global Trust

    Initially Published on PR Log  London, UK – October 06, 2023 – Shufti, a leading IDV provider...

    Shufti Hits 20 Million Successful ID Verifications | Celebrating Global Trust Explore More

    Press Release

    Shufti Expands its KYC Services to APAC Region

    Bath, United Kingdom – May 9, 2018 – Shufti, the PCI certified, AML and KYC Servi...

    Shufti Expands its KYC Services to APAC Region 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

    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