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

    54.144.185.255

    Shufti Launches Risk Assessment & eIDV Solutions to Enable More Reliable Customer Verification

    n-img-pr

    Originally published on Businesswire

    London, UK – Feb 8, 2023 – Pioneer of first-ever on-premises identity verification solutions, Shufti, has announced the launch of its risk assessment and eIDV services to help global businesses fight identity fraud and financial crimes, and meet the ever-evolving KYC/AML regulatory landscape.

    Risk assessment procedures are purposely built tools to help businesses identify risks associated with their globally diverse client base. On the other hand, online ID checks are required of businesses liable for compliance under the KYC & AML regimes, as countries have started to introduce national electronic verification systems eliminating the need for data entry. 

    Risk Assessment Solution: Shufti’s custom-built risk-scoring solution adapts to the interests of organisations whilst addressing every possible risk factor to safeguard businesses from financial crimes, reputational damages, and regulatory sanctions. It ensures enterprises make informed decisions by evaluating customer risk factors through custom questionnaires and fraud prevention data points, further examined by the Shufti’s risk intelligence profiling engines (a database of over 10 billion ID elements). 

    eIDV Service: Electronic identity verification (eIDV) is the process of verifying customers through a government-issued unique identifier number. eIDV works similar to the KYC process, asides from the requirement of paper-based document uploads provided by the customer. Shufti’s eIDV matches the clients’ data, such as name, DoB, social security number, and address, against multiple databases and provides unparalleled security. The digitisation of the modern world shows us to be moving away from paper IDs towards completely electronic forms due to enhanced privacy, fraud prevention and the elevation of user experience. Such changes will ensure customer onboarding will be easier, more accurate, cater to global customers and effectively reduce customer abandonment rates. 

    “As a global IDV service provider, Shufti continuously innovates to meet an increasingly varied and diverse range of regulatory compliance requirements  for our customers,” said Victor Fredung, CEO of Shufti. “We are dedicated to providing solutions that address the changing needs of our global clientele and the wider general market – both at the point of onboarding and beyond, and I am pleased to share that risk assessment and eIDV services do just that.”

    Shufti recently introduced an array of new features, such as SSO implementation, duplicate account verification, and more to strengthen the suite of its identity verification products. Last year, the company secured $20 Million in Series A funding to accelerate its international expansion, enhance its IDV solutions and expand its compliance suite. Staying true to its word, the company is launching new IDV products to fulfil its vision of building a future where fraud prevention is cost-effective and accessible to every size of business. 

    Global organisations looking for an IDV partner can contact Shufti here.

    About Shufti

    Shufti is a leading identity verification service provider offering KYC, KYB, KYI, AML, biometric verification, and OCR solutions and accelerating trust worldwide. It has six international offices and has launched a suite of 17 complimentary IDV products and solutions since its inception in 2017. With the ability to automatically and securely verify over 9000 ID documents in more than 150+ languages, Shufti proudly serves customers in 230+ countries and territories. 

    For more information, please contact:

    Shufti
    Paul Keene
    Snr. Digital Marketing Manager | Shufti
    [email protected]
    +44 020 3435 6498
    Market Pro
    Marketing Partner | Shufti
    [email protected] 

    Related Posts

    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 Named “The Best Use of AI 2022” by World Financial Awards

    London, UK – Jan 24, 2023  – Shufti, a highly reputable identity verification sol...

    Shufti Named “The Best Use of AI 2022” by World Financial Awards Explore More

    Press Release

    Global IDV Services Provider Shufti Unveils New Product for NFC Based Identity Verification

    Originally published on Marketwatch Shufti NFC Verification is using Near Field Communicati...

    Global IDV Services Provider Shufti Unveils New Product for NFC Based Identity Verification Explore More

    Press Release

    Shufti Announces 10 Million Free Verifications to Show Solidarity with Aid Agencies in Ukraine

    Originally Published on PR Log.  London, UK – April 4, 2022 – Globally acclaimed iden...

    Shufti Announces 10 Million Free Verifications to Show Solidarity with Aid Agencies in Ukraine 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 Partners with Banxy to Create a Seamless Customer Onboarding Experience

    London, UK – April 29, 2022 – UK-based Shufti, an innovator in identity verification so...

    Shufti Partners with Banxy to Create a Seamless Customer Onboarding Experience Explore More

    Press Release

    SpotterFitness Partners with Shufti to Provide Customers with a Digitally Secure Fitness Journey

    Initially published on PR Log  London, UK – March 31, 2023 – SpotterFitness, a wellness man...

    SpotterFitness Partners with Shufti to Provide Customers with a Digitally Secure Fitness Journey 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 – 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

    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

    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 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

    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 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 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

    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 to Attend Sopra Banking Summit for Highlighting the Future of IDV in FinTech

    Originally Published on PR Log 03 September 2021, London, UK – Sopra Banking Software (SBS)...

    Shufti to Attend Sopra Banking Summit for Highlighting the Future of IDV in FinTech Explore More

    Press Release

    KICKICO signs up with Shufti for AI powered ID Verification services

    (Bath, United Kingdom – July 16th, 2018) Shufti has signed a deal with KICKICO to provi...

    KICKICO signs up with Shufti for AI powered ID Verification services Explore More

    Press Release

    Global IDV Services Provider Shufti Unveils New Product for NFC Based Identity Verification

    Originally published on Marketwatch Shufti NFC Verification is using Near Field Communicati...

    Global IDV Services Provider Shufti Unveils New Product for NFC Based Identity Verification 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

    Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance

    Initially Published on PR Log  London, UK – April 4, 2024 – Zoth, an innovative RWA m...

    Emerging Fintech Marketplace, Zoth, Integrates Shufti’s Robust KYC and KYB Services for Enhanced Security and Compliance 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

    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

    Try Shufti KYC Services Free of Cost for 15 Days Now

    Shufti is now offering 15 days free trial for all of its KYC services. It is a new offer by S...

    Try Shufti KYC Services Free of Cost for 15 Days Now Explore More

    Press Release

    Action Monkey Incorporates Shufti’s KYC & AML Solutions to Enhance its Regulatory Compliance

    London, UK – Oct 27, 2022 – Action Monkey, an institutional grade Permissioned Decentralise...

    Action Monkey Incorporates Shufti’s KYC & AML Solutions to Enhance its Regulatory Compliance 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 Launches Global Bug Bounty Programme to Strengthen Trust

    Initially Published on PR Log London, UK – March 28, 2023 – Shufti, a global leader in provid...

    Shufti Launches Global Bug Bounty Programme to Strengthen Trust Explore More

    Press Release

    Shufti Receives 2 Awards for Industry-leading KYC Solutions from Global Brands Magazine

    Initially Published on PR Log  London, UK – April 13, 2023 – Shufti, the leading ...

    Shufti Receives 2 Awards for Industry-leading KYC Solutions from Global Brands Magazine Explore More

    Press Release

    DueBooks® integrates Shufti® for Business Verification Services

    Improved KYC protocols, superior ID verification services and reduced on-boarding time compels th...

    DueBooks® integrates Shufti® for Business Verification Services 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 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 to Explore NFC Based Identity Verification in its Coming Panel Webinar with Global Experts

    Originally published on Pr.com  Shufti to enlighten the businesses as well as individuals wit...

    Shufti to Explore NFC Based Identity Verification in its Coming Panel Webinar with Global Experts Explore More

    Press Release

    Funanga Chooses Shufti’s IDV Solutions to Combat Fraudulent Activities

    Originally Published on PR Log London, UK – Feb 24, 2023 – Funanga, a Berlin-based fintech compan...

    Funanga Chooses Shufti’s IDV Solutions to Combat Fraudulent Activities Explore More

    Press Release

    Shufti Launches Risk Assessment & eIDV Solutions to Enable More Reliable Customer Verification

    Originally published on Businesswire London, UK – Feb 8, 2023 – Pioneer of first-ever on-premises...

    Shufti Launches Risk Assessment & eIDV Solutions to Enable More Reliable Customer Verification Explore More

    Press Release

    Shufti To Attend Fintech Event Money20/20 USA in Las Vegas

    Originally Published at PR Log CANARY WHARF, UK – OCT. 21, 2021 – Shufti, the glo...

    Shufti To Attend Fintech Event Money20/20 USA in Las Vegas Explore More

    Press Release

    Cryptocurrency exchange Coinipop joins hand with Shufti to onboard customers

    London (April 2020) – Shufti onboarded Coinipop to verify their customers. Shufti w...

    Cryptocurrency exchange Coinipop joins hand with Shufti to onboard customers Explore More

    Press Release

    Funanga Chooses Shufti’s IDV Solutions to Combat Fraudulent Activities

    Originally Published on PR Log London, UK – Feb 24, 2023 – Funanga, a Berlin-based fintech compan...

    Funanga Chooses Shufti’s IDV Solutions to Combat Fraudulent Activities Explore More

    Press Release

    Shufti Partners with Banxy to Create a Seamless Customer Onboarding Experience

    London, UK – April 29, 2022 – UK-based Shufti, an innovator in identity verification so...

    Shufti Partners with Banxy to Create a Seamless Customer Onboarding Experience Explore More

    Press Release

    Integra Partners with Shufti to Enhance its KYC/AML Compliance Regime

    Originally Published on PR Log.  London, UK – Mar 22, 2022 – An independent corporate...

    Integra Partners with Shufti to Enhance its KYC/AML Compliance Regime Explore More

    Press Release

    Meet The Team of Shufti At Sigma, Europe 2021

    Originally Published at PR Underground.  CANARY WHARF, UK – NOV. 12, 2021 – Globally ...

    Meet The Team of Shufti At Sigma, Europe 2021 Explore More

    Press Release

    Action Monkey Incorporates Shufti’s KYC & AML Solutions to Enhance its Regulatory Compliance

    London, UK – Oct 27, 2022 – Action Monkey, an institutional grade Permissioned Decentralise...

    Action Monkey Incorporates Shufti’s KYC & AML Solutions to Enhance its Regulatory Compliance 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’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

    Clevera Chooses Shufti for Fraud Prevention Through Seamless KYC Screening

    London, UK – (Date) Shufti Joins hands with Clevera, a FinTech startup to eliminate fra...

    Clevera Chooses Shufti for Fraud Prevention Through Seamless KYC Screening Explore More

    Press Release

    Cryptocurrency exchange Coinipop joins hand with Shufti to onboard customers

    London (April 2020) – Shufti onboarded Coinipop to verify their customers. Shufti w...

    Cryptocurrency exchange Coinipop joins hand with Shufti to onboard customers 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

    Shufti Announces Three Major Appointments as the Company Secures $20 Million Series A Funding

    Originally Published on PR Log.  London, UK – March 29, 2022 – A global IDV provider,...

    Shufti Announces Three Major Appointments as the Company Secures $20 Million Series A Funding 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 lends KYC Services to Crypto Future Wealth Platform by Jeffinko.Guru

      (Bath, United Kingdom – April 7th, 2018)  Shufti, the PCI certified, digital KYC...

    Shufti lends KYC Services to Crypto Future Wealth Platform by Jeffinko.Guru 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

    Meet The Team of Shufti At Sigma, Europe 2021

    Originally Published at PR Underground.  CANARY WHARF, UK – NOV. 12, 2021 – Globally ...

    Meet The Team of Shufti At Sigma, Europe 2021 Explore More

    Press Release

    Shufti Recognised as a Sample Vendor for Identity Verification in the Gartner® Hype Cycle™ for Digital Identity, 2023

    Initially Published on PR Log  London, UK – November 08, 2023 – Shufti has been recognised as...

    Shufti Recognised as a Sample Vendor for Identity Verification in the Gartner® Hype Cycle™ for Digital Identity, 2023 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

    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

    AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services

    London, UK – April 2, 2024 – AXIOMA, a well-known legal advisory and compliance manag...

    AXIOMA Integrates Shufti’s AI-powered KYC and KYB Solutions for Secure Financial Services Explore More

    Press Release

    Shufti Makes It To the RegTech Insight Awards USA 2021

    Originally Published at PR Log CANARY WHARF, the UK, – Oct. 1st, 2021 – In recognitio...

    Shufti Makes It To the RegTech Insight Awards USA 2021 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

    Iuvo Joins Forces with Shufti to Eliminate Financial Crimes in the P2P Marketplaces

    London, UK – April 20, 2023 – luvo is a European company and growing P2P marketplace that has now...

    Iuvo Joins Forces with Shufti to Eliminate Financial Crimes in the P2P Marketplaces Explore More

    Press Release

    SpotterFitness Partners with Shufti to Provide Customers with a Digitally Secure Fitness Journey

    Initially published on PR Log  London, UK – March 31, 2023 – SpotterFitness, a wellness man...

    SpotterFitness Partners with Shufti to Provide Customers with a Digitally Secure Fitness Journey Explore More

    Press Release

    Bamburcorn Joins Forces With Shufti to Offer Seamless Identity Verification for Online Transactions

    Initially Published on PR Log London, UK – July 31, 2023, – Bamburcorn, an equity crowdfund...

    Bamburcorn Joins Forces With Shufti to Offer Seamless Identity Verification for Online Transactions Explore More

    Press Release

    Meet The Team of Shufti At Sigma, Europe 2021

    Originally Published at PR Underground.  CANARY WHARF, UK – NOV. 12, 2021 – Globally ...

    Meet The Team of Shufti At Sigma, Europe 2021 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 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

    Victor Fredung Neschko takes the reins of Shufti!

    BATH, UK, January 22, 2018, Shufti, the recent innovator of Identity Video Verification and K...

    Victor Fredung Neschko takes the reins of Shufti! 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

    Clevera Chooses Shufti for Fraud Prevention Through Seamless KYC Screening

    London, UK – (Date) Shufti Joins hands with Clevera, a FinTech startup to eliminate fra...

    Clevera Chooses Shufti for Fraud Prevention Through Seamless KYC Screening Explore More

    Press Release

    Mascap Teams Up with Shufti to Elevate Security and Trust in Investment Management

    London, UK – September 22, 2023 – Shufti, an award-winning ID verification service provider, ...

    Mascap Teams Up with Shufti to Elevate Security and Trust in Investment Management Explore More

    Press Release

    Shufti Sweeps Global Business Reviews Magazine Awards 2022 With Two Major Wins

    London, UK – 2022 – A digital print magazine that focuses on updates about emerging m...

    Shufti Sweeps Global Business Reviews Magazine Awards 2022 With Two Major Wins Explore More

    Press Release

    Shufti Launches Digital COVID Pass for Prompt Verification of COVID-19 test

    Originally posted on businesswire  London UK-Shufti, an AI-powered identity verification serv...

    Shufti Launches Digital COVID Pass for Prompt Verification of COVID-19 test 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

    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

    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

    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