Shufti Announces Shahid Hanif as New Chief Executive Officer

Co-founder and former CTO will work to best serve global customers and combat rising identity risks

London, UK – January 8, 2025 – Shufti, a global, award-winning, identity verification provider, announced that Shahid Hanif has been appointed as Chief Executive Officer.

Mr. Hanif co-founded Shufti and served as Chief Technology Officer since 2017, leading the development of the company’s cutting-edge AI-powered platform. Patrick Cox, who was appointed CEO in 2023, will remain on the Board of Directors and help drive Shufti’s strategy for growth.

“I founded Shufti to transform the digital identity verification industry by combining uncompromising security with operational excellence,” said Hanif. “As emerging technologies like Gen AI create new identity threats, our innovative solutions are staying ahead of the curve and proving crucial across global markets. In many developing countries, where traditional identity verification methods fall short, Shufti’s innovative technology is playing a vital role in bridging these gaps. As CEO, I’m looking forward to advancing our technology and leading with our world-class team to best serve our distinguished list of customers across markets and around the world.”

Before Shufti, Mr. Hanif co-founded Programmers Force, where he spearheaded global scaling and innovation in RegTech SaaS development. He later served as CTO of Quickbit, driving technological advancements and playing a pivotal role in the company’s IPO. Hanif also co-founded Developers Studio, specializing in blockchain and decentralized web solutions.

He studied artificial intelligence at the University of Hertfordshire and pursued further specialization in machine learning at the University of Edinburgh.

“I’m honored to step into this role and excited to lead the team,” said Hanif. “My focus has always been on using technology to solve real-world problems and make digital services more secure and accessible. I look forward to building on this mission and driving meaningful impact together.”

Shufti’s industry-leading solutions include Know Your Customer (KYC), Know Your Intermediary (KYI), Know Your Business (KYB), Anti-Money Laundering (AML) services and more.
The company has adopted AI-focused automation to create unparalleled speed, security, and user experience for businesses looking to uplevel their identity verification services. Shufti is now trusted by over 1,000 clients worldwide and has a 4.7 / 5.0 star rating on TrustPilot – with more than 2,700 reviews.

About Shufti

Shufti is a leading global identity verification provider that helps businesses verify identities, documents, and accounts, covering KYC, KYI, KYB, and AML solutions. The company’s 17+ identity verification solutions are trusted worldwide by 1000+ businesses belonging to industries varying from finance to insurance and e-commerce. Shufti extends document verification in 150+ languages, with the ability to validate 10,000+ IDs in 240+ countries and territories within seconds.  By adopting AI-focused automation and the latest technological tools, Shufti secures business processes like client onboarding, account opening, and digitization through award-winning identity verification services with an accuracy of up to 99%. For more information, visit: https://www.shufti.com