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

    216.73.217.4

    Shufti Partners with Banxy to Create a Seamless Customer Onboarding Experience

    Shufti Partners with Banxy

    London, UK – April 29, 2022 – UK-based Shufti, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients. 

    Banxy, the first and leading digital bank in Algeria was launched in 2018. It is part of a banking group established in Algeria since 1999. The group is a subsidiary of one of the largest banks in France. In 2016 the Algerian operation made the strategic decision to expand into retail banking through a mobile-only bank. 

    In early 2021, Banxy collaborated with Shufti following an experience with another IDV provider that resulted in 75% of digital onboarding attempts failing, due to inadequate bandwidth requirements. Shufti’s fully automated and configurable solution enabled Banxy to vastly improve the customer experience and meet local regulations with an onprem installation. Banxy can now prevent, in seconds, threats of financial crimes by performing robust identity verification of customers. 

    Shufti provides fully automated KYC and AML services to banks and other financial institutions worldwide. Shufti’s KYC solution verifies the identity of customers in real-time during onboarding which helps businesses to avoid identity theft, money laundering, terrorist financing, and other financial fraud. 

    The company works with over 600 clients across the globe, helping customers to securely verify and process tens, if not hundreds of thousands of sensitive documents each day. The solution is fully configurable, enabling clients to build a solution perfect for their requirements, and which meets all regulatory standards. 

    Commenting on the partnership, Julien Jolivet, Head of Banxy Bank stated, “By partnering with Shufti, we seriously upgraded our onboarding customer experience, confirming our commitment towards our clients to provide innovative and high-quality services. Shufti’s AI-powered identity verification solutions enable us to verify and identify in a matter of seconds with the utmost levels of accuracy and security.”

    Speaking on the partnership, Victor Fredung, CEO of Shufti said, “Organisations like Banxy that offer digital banking services to customers need fast, accurate and compliant IDV solutions to achieve their business goals. We take pride in assisting Banxy to enhance its KYC process. Our automated solution will enable Banxy to onboard legitimate customers and mitigate identity scams that often occur with fast-growing businesses.”

    About Banxy 

    Banxy is the first mobile bank In Algeria. It is part of one of the first banking groups In France, and present in the Algerian market for more than 20 years. 

    About Shufti

    Shufti is an identity verification service provider offering KYC, KYB, and AML services to help global businesses onboard legitimate customers. The UK-based company has 5 regional offices and launched 17 different IDV products since its inception in 2017. With the ability to verify 1000’s of ID documents in 150+ languages, Shufti is serving customers in 230+ countries and territories. 

    For more information, 

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

    Related Posts

    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

    Ensuring a Secure Trading Experience: Newton Global Joins Forces with Shufti for Advanced Identity Verification

    Initially Published on PR Log  London, UK – September 22, 2023 – Shufti, a leading ID verific...

    Ensuring a Secure Trading Experience: Newton Global Joins Forces with Shufti for Advanced Identity Verification 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

    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

    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

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

    London, UK – DEC 9, 2022 – PaySprint, a fintech company headquartered in Toronto, Canada, h...

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

    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

    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 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

    NSUR Joins Hands With Shufti To Deliver Effective KYC/AML Solutions

    Originally Published at PR Log. CANARY WHARF, UK – NOV. 5, 2021 – Reward-driven healt...

    NSUR Joins Hands With Shufti To Deliver Effective KYC/AML Solutions 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 Earns Nomination for Best Know Your Customer Solution by RegTech Insight Awards

    Initially Published on PR Log London, UK – August 25, 2023 – Shufti, a leading KYC solution p...

    Shufti Earns Nomination for Best Know Your Customer Solution by RegTech Insight Awards Explore More

    Press Release

    Shufti Receives 2 Nominations from The Global Brands Award 2023

    Initially Published on PR Log  London, UK – March 20, 2023 – Acknowledging the technologica...

    Shufti Receives 2 Nominations from The Global Brands Award 2023 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

    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

    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 Launches Innovative e-IDV Solution, Redefining Verification in the IDV Landscape

    Initially Published on Businesswire London, UK – August 15, 2023 – Shufti, an ID ...

    Shufti Launches Innovative e-IDV Solution, Redefining Verification in the IDV Landscape Explore More

    Press Release

    CSGOEmpire Deploys Shufti to Streamline Identity Verification

    London, UK – June 28, 2022 – Shufti, an innovator in identity verification soluti...

    CSGOEmpire Deploys Shufti to Streamline Identity Verification 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

    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 Announces Shahid Hanif as New Chief Executive Officer

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

    Shufti Announces Shahid Hanif as New Chief Executive Officer 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

    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

    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

    Flexentral joins hands with Shufti for KYC & AML

    BATH, UK – (October 8th, 2018) Shufti has partnered with Flexentral to provide its next-gener...

    Flexentral joins hands with Shufti for KYC & AML 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

    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

    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 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

    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

    Experience Shufti at iFX Expo 2019 along with Syntellicore platform

    London, UK – Shufti will be attending the largest financial B2B expo iFX EXPO in the co...

    Experience Shufti at iFX Expo 2019 along with Syntellicore platform Explore More

    Press Release

    Owny Partners with Shufti to Eliminate Financial Fraud from Italy’s Used Cars & Motorcycles Market

    Originally Published on PR Log London, UK – Jan 31, 2023 – An Italian company with a vision of cr...

    Owny Partners with Shufti to Eliminate Financial Fraud from Italy’s Used Cars & Motorcycles Market Explore More

    Press Release

    Shufti Joins Forces with Aconomy to Secure Customer Data

    London, UK – September 28, 2023 – Shufti, a leading IDV service provider, has partnered up wi...

    Shufti Joins Forces with Aconomy to Secure Customer Data 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

    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

    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

    EPP System® partners with Shufti® for Fraud Protection Services

      Need for digital KYC has compelled one of the pioneers in the payment processing industry ...

    EPP System® partners with Shufti® for Fraud Protection Services Explore More

    Press Release

    Flexentral joins hands with Shufti for KYC & AML

    BATH, UK – (October 8th, 2018) Shufti has partnered with Flexentral to provide its next-gener...

    Flexentral joins hands with Shufti for KYC & AML 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

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

    Originally published on PR Underground CANARY WHARF, UK – Feb. 18, 2022 – Globally ac...

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

    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

    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

    AMLYZE Partners with Shufti to Enhance AML Screening Services

    Initially Published on PR Log  London, UK – October 25, 2023 – Shufti, a leading identity ver...

    AMLYZE Partners with Shufti to Enhance AML Screening Services Explore More

    Press Release

    Catch a Live KYC Demo of Shufti at Web Summit 2018!

    BATH, UK – (October 4th, 2018) Shufti is really excited to be a part of the upcoming Web Summ...

    Catch a Live KYC Demo of Shufti at Web Summit 2018! 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’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication

    Initially published on PR.com London, UK – November 20, 2023 – Shufti, one of the leading IDV...

    Shufti’s Advanced Solutions for the Telecommunication Industry | Ensuring Swift and Accurate User Authentication 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

    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 Continues Global Expansion with the New Ukraine Office

    Originally Published at PR.com London, UK (28 May 2021) – As part of its plan for global ex...

    Shufti Continues Global Expansion with the New Ukraine Office Explore More

    Press Release

    FYNXT Announces Integration with Shufti to Help Brokers Perform KYC/AML Compliant ID Checks

    Originally published on Finance Magnates  CANARY WHARF, UK – Feb. 28, 2022 – FYNXT, a...

    FYNXT Announces Integration with Shufti to Help Brokers Perform KYC/AML Compliant ID Checks Explore More

    Press Release

    Shufti Sponsors Sopra Banking Summit 2021

    Originally Published on PR Log.  CANARY WHARF, U.K. – Sept. 28, 2021 – Digital ID ver...

    Shufti Sponsors Sopra Banking Summit 2021 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

    Boatigo joins hands with Shufti to develop a Secure Online platform for the Boating Community

    London, UK – (February 2020) Shufti will provide ID verification and liveness detection...

    Boatigo joins hands with Shufti to develop a Secure Online platform for the Boating Community 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

    New Research Reveals 307% Increase in ATO and ID Fraud Due to Generative AI and Deepfakes

    Initially Published on PR.com  London, UK – November 08, 2023 – Shufti, one of the leading id...

    New Research Reveals 307% Increase in ATO and ID Fraud Due to Generative AI and Deepfakes Explore More

    Press Release

    Shufti’s Enhanced Facial Biometric | Reducing Authentication Time from 30 Seconds to 5 Seconds

    Initially Published on PR.com  London, UK – November 17, 2023 –  Shufti, one of the leading I...

    Shufti’s Enhanced Facial Biometric | Reducing Authentication Time from 30 Seconds to 5 Seconds 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 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

    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

    Join Shufti’s Webinar: A Deep Dive into KYC Trends and Their Impact on the Future of Identity Verification

    Initially Published on PR Log  London, UK – September 14, 2023 – Shufti, a leading ID verific...

    Join Shufti’s Webinar: A Deep Dive into KYC Trends and Their Impact on the Future of Identity Verification Explore More

    Press Release

    ArtPro avails KYC services from Shufti

    (Bath, United Kingdom – September 27th, 2018) ArtPro has partnered with Shufti to avail...

    ArtPro avails KYC services from Shufti Explore More

    Press Release

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

    Originally published on PR Underground CANARY WHARF, UK – Feb. 18, 2022 – Globally ac...

    ‘Identity Theft Reaches New Heights’ – Reveals Shufti Global ID Fraud Report 2021 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 Announces ​Identity Verification Services on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace

    Shufti’s customers can now benefit from digital identity verification for fraud prevention Or...

    Shufti Announces ​Identity Verification Services on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace 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

    Xponent Collaborates with Shufti to Create a Highly Secure Experience for its Clients

    London, UK – Oct 27, 2022 – MENA’s first micro-investment mobile application that aims to a...

    Xponent Collaborates with Shufti to Create a Highly Secure Experience for its Clients Explore More

    Press Release

    Team Shufti Announce Their Attendance at the iFX EXPO in Cyprus

    Originally Published at PR Underground Canary Wharf, London – September 28th, 2021 – ...

    Team Shufti Announce Their Attendance at the iFX EXPO in Cyprus Explore More

    Press Release

    Shufti Makes It To The RegTech Insight Awards Europe 2022

    Originally Published on PR.Com  CANARY WHARF, the UK, – Feb. 28, 2022 – Recognizing the technolog...

    Shufti Makes It To The RegTech Insight Awards Europe 2022 Explore More

    Press Release

    Kinguin Partners with Shufti to integrate KYC solutions

    London, UK September 22nd, 2022 – The world’s first digital games marketplace, Kinguin, has partn...

    Kinguin Partners with Shufti to integrate KYC solutions Explore More

    Press Release

    Kairos Loan Establishes Alliance with Shufti to Make its Platform Safer for the Investors

    Initially Published on PR Log London, UK – March 10, 2023 – A firm with an unorthodox business mo...

    Kairos Loan Establishes Alliance with Shufti to Make its Platform Safer for the Investors 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