AMLR Solutions 
AMLR Consultation
EUDI Wallet
Onboarding
Ongoing Monitoring
FRAML
KYC
KYB
KYI
Age Assurance
Workforce IAM
Candidate Verification
Account Takeover
Bonus/ Promotion Abuse
Chargeback Fraud
Deepfake
Document Fraud
Fraud Networks
Impersonation Fraud
Money Mule Activity
Multi-Accounting
Party Fraud
Regulatory & Compliance Risks
Synthetic Identity Fraud
Adult Content
Banking
Crypto
Fintech
Forex
Compliance
Fraud prevention
Trust & safety
Global expansion
Compliance Officers
Developers
Fraud Analysts
Product Managers
Journey Builder 
Global Trust Platform
Customer Profiles
Vendor Comparison
IDV Case Management
AML Case Management
Regulatory Reporting
Agentic Rule Builder 
AI Compliance Co-Pilot 
Fraud Analytics
Fraud Hub 
OCR
Shufti AI
Bank Account Verification 
Biometric Duplication
Database Checks
Document Intelligence
Government ID
Mobile Driver's License
NFC
Selfie Liveness
Brand Personalisation
Deployment Options
Identity Methods
IDV Modes
Multi-tenancy
On-Premise IDV
Secure Capture
Shufti MCP
The 2026 Liminal Index™ for KYC in Banking
Shufti is named a Leading Vendor, rated Exceptional for Product and Exceptional for Strategy.
Shufti holds reprint rights to the full report, so you can download it here free. Inside are the vendor scores, the buyer survey behind them, buyer personas for bank KYC teams, and Shufti’s full vendor profile.
Schedule a DemoWhat is the 2026 Liminal Index™ for KYC in Banking?
The 2026 Liminal Index™ for KYC in Banking is a 52-page report from Liminal on Know Your Customer (KYC) vendors for banks. It scores each vendor on Product, Strategy and Market Presence, and names the vendors that qualify as Leading Vendors. Shufti holds reprint rights, so the full report is free to download from this page.
IN LIMINAL’S WORDS
"Liminal evaluated 82 vendors that solve the KYC use case across the product and strategy criteria, and determined 22 leading vendors."
HOW LIMINAL DEFINES LEADING VENDORS
"Strong overall solutions that possess the must have product and strategy capabilities for this use case."
Source: Liminal, 2026 Liminal Index™ for KYC in Banking, August 2026. © 2026 Liminal Strategy, Inc. All rights reserved.
How did Shufti perform in the 2026 Liminal Index™ for KYC in Banking?
Shufti is named a Leading Vendor. Liminal rated Shufti Exceptional for Product, Exceptional for Strategy and Excellent for Market Presence.
Shufti’s Product Execution score
Shufti scored 83% for Product Execution, tied for the highest Product Execution score in the Index, against a minimum Product Execution threshold of 60%.
The full scorecard and Shufti’s vendor overview are on pages 36 to 38 of the report, and page 36 is reproduced below.
FROM SHUFTI’S VENDOR OVERVIEW
"Shufti is positioned as a flexible, full-stack KYC provider with strong global coverage and a focus on automation, accessibility, and end-to-end identity lifecycle management."
ON SHUFTI’S GLOBAL COVERAGE
"The company’s global coverage strategy is a central differentiator, with emphasis on broad jurisdictional reach, multilingual support, and operational coverage of locally relevant identity documents across both mature and emerging markets."
Source: Liminal, 2026 Liminal Index™ for KYC in Banking, August 2026. © 2026 Liminal Strategy, Inc. All rights reserved.
Read Shufti’s announcement about being named a Leading Vendor in the 2026 Liminal Index™ for KYC in Banking.
What does the 2026 Liminal Index™ for KYC in Banking cover?
The report starts with the bank KYC market and the people who buy KYC technology, then moves to the vendor evaluation and Shufti’s profile. These are three of the buyer findings it reports, quoted as published.
"87% of banks now prefer a one-stop or broad financial crime compliance platform for KYC"
"98.8% of banks have already deployed, are deploying, or plan to deploy perpetual KYC within the next 12 months"
"55% of banks rate KYC vendor switching as likely in the next 12 months, and a similar share plan to consolidate"
ON PERPETUAL KYC AND THE EU AMLR
"With nearly all surveyed banks (~99%) committed to pKYC within 12 months and the EU AMLR taking effect in mid-2027, perpetual KYC will move from differentiator to baseline expectation by the end of next year."
Source: Liminal, 2026 Liminal Index™ for KYC in Banking, August 2026. © 2026 Liminal Strategy, Inc. All rights reserved.
CHAPTERS IN THE FULL REPORT
- Market Overviewp. 3
- Vendor Landscapep. 5
- Use Case Overview: KYCp. 8
- KYC Buyer Personasp. 11
- Market Demandsp. 19
- Market Challengesp. 20
- Key Purchasing Criteria for KYC Solutionsp. 21
- Future Outlookp. 22
- Liminal Indexp. 23
- Vendor Overview: Shuftip. 36
The buyer personas chapter profiles the five roles that shape KYC buying at a bank, the COO, CIO, CTO, Head of Finance and Head of Risk Management.
What should banks look for in a KYC solution?
Choosing a KYC solution for a bank comes down to a handful of questions, and the answers show quickly whether a vendor fits your risk appetite and your markets. These are the seven questions we would put to any KYC vendor, including us.
- 01
Does it verify the documents your customers actually hold?
Ask for coverage by country and document type, not a headline total. Shufti verifies identities in 240+ countries and territories and reads ID documents in 150+ languages.
- 02
How has the liveness check been tested?
Look for independent presentation attack detection testing. Shufti’s liveness is tested to iBeta Level 3 under ISO/IEC 30107-3, and deepfake detection runs as a separate layer.
- 03
What happens after onboarding?
A check that stops at day one leaves gaps. Ongoing monitoring should re-screen customers against sanctions, PEP and adverse media lists and update their risk when something changes.
- 04
Can your team change the flow without a release?
Risk-based journeys change often. Shufti’s no-code Journey Builder lets compliance teams adjust verification steps by risk level and geography.
- 05
Could an examiner follow every decision?
Every check should leave an audit trail. Shufti records each step in case management and holds SOC 2 Type II and ISO/IEC 27001 certification.
- 06
How many integrations will it take?
Separate tools for KYC, AML screening and fraud multiply the work. The Shufti Global Trust Platform runs them through a single API.
- 07
Is it ready for the EU AMLR?
The EU Anti-Money Laundering Regulation applies from 10 July 2027 and expects customer due diligence to continue through the whole customer relationship. Ask how a vendor re-screens customers, records each decision and updates its flows as the Anti-Money Laundering Authority (AMLA) finalises its technical standards. Shufti’s checks are configurable by market, and our EU AMLR compliance guide covers what changes.
How does Shufti support KYC for banks?
Shufti verifies identities for more than 2,000 businesses in 240+ countries and territories, including banks, fintechs and payment providers. Banks use the platform for customer onboarding, screening and ongoing due diligence, and each part is available on its own or together.
BUYER FINDING IN THE REPORT
"Two-thirds of buyers now treat synthetic-identity detection as a hard requirement"
Source: Liminal, 2026 Liminal Index™ for KYC in Banking, August 2026. © 2026 Liminal Strategy, Inc. All rights reserved.
Know Your Customer
Document, face and liveness checks in one onboarding flow.
AML Screening
Sanctions, PEP and adverse media screening at onboarding.
Ongoing Monitoring
Re-screening and risk updates between periodic reviews.
Deepfake Detection
Checks for AI-generated faces and documents.
Journey Builder
No-code verification flows set by risk and country.
Banking
How banks run identity, compliance and fraud checks with Shufti.
Comparing tools? Read our guide to KYC compliance software.
Source: Liminal, 2026 Liminal Index™ for KYC in Banking, August 2026. © 2026 Liminal Strategy, Inc. All rights reserved.
Certifications
Independently audited and certified for enterprise-grade security and data protection.
Frequently asked questions
It is a 52-page Liminal report that evaluates Know Your Customer (KYC) vendors for banks on Product, Strategy and Market Presence. In Liminal’s words, "Liminal evaluated 82 vendors that solve the KYC use case across the product and strategy criteria, and determined 22 leading vendors."
Yes. Shufti is named a Leading Vendor. Liminal rated Shufti Exceptional for Product, Exceptional for Strategy and Excellent for Market Presence. Shufti’s full vendor overview is on pages 36 to 38 of the report.
Liminal’s definition of Leading Vendors reads "Strong overall solutions that possess the must have product and strategy capabilities for this use case." The report sets out the scoring and thresholds behind the designation.
Complete the short form on this page with your name and business email. Shufti holds reprint rights, so the full 52-page PDF is free and the download link appears as soon as you submit.
In our view, a bank should check document coverage for its own customers, independent liveness testing, ongoing monitoring after onboarding, no-code control over verification flows, a full audit trail, and how many integrations KYC, AML screening and fraud checks will need.
Perpetual KYC (pKYC) keeps customer due diligence current between reviews. Instead of re-checking every customer on a fixed cycle, the bank re-screens customers and updates their risk when something changes, such as a new sanctions listing, adverse media or new customer details.
The EU Anti-Money Laundering Regulation (Regulation (EU) 2024/1624) applies from 10 July 2027. It sets one rulebook for customer due diligence across EU member states, and the Anti-Money Laundering Authority (AMLA) is preparing the technical standards that fill in the detail.
