Office 409 Coppergate House,
10 Whites Row,
London E1 7NF, UK
Shufti Pro
Shufti Pro Ltd. offers AI-powered identity verification solutions including KYC-, KYB-, face-verification, AML screening, and touchless airport security clearance kiosk. It aims to create a secure and safe online marketplace devoid of identity theft and other fraudulent activities. It supports 3000+ ID documents and 150+ language and verifies the identity of anyone from anywhere in the world within 30-60 seconds and that too with 98.67% accuracy. Shufti Pro synergizes human and artificial intelligence to deliver highly reliable results to reduce false positives. It offers remote and on-premises identity verification solutions.
Shufti Pro Biometrics News
Shufti Pro, Innovatrics, and Fourthline ink KYC deals as consumer interest in AML spikes
Selfie biometrics and liveness detection vendors are extending their reach amid an upswing in consumer concern about money laundering and…
| May 29, 2023 | YouVerify expands to Kenya, KYC platform updates from Shufti, Veridas, KeesingNigerian biometric identity verification provider YouVerify has launched in Kenya. The Lagos and San Francisco–based regulatory technology firm is also… |
| May 5, 2023 | Onfido selfie biometrics integrated by Salesforce as KYC signup pace sustainsSalesforce is boosting its Know Your Customer (KYC) capabilities by integrating with Onfido while Shufti Pro, iDenfy and Incode strike… |
| Apr 21, 2023 | AML and KYC compliance grows beyond bankingIt has been a busy April for companies focusing on Anti-Money Laundering (AML) and Know Your Customer (KYC) products, with… |
| Apr 17, 2023 | Global push to strengthen ID verification with selfie biometrics gains momentumSelfie biometrics are being mandated for financial institutions in another jurisdiction, while SmartSearch has announced a new version of its… |
| Mar 28, 2023 | Bug bounty launched by Shufti Pro to stay ahead of cybersecurity vulnerabilitiesShufti Pro is launching a bug bounty program to help prove and improve the security and reliability of its biometric… |
| Mar 23, 2023 | Regula upgrades biometric and document scanning to provide complete protectionRegula has updated its biometric and document verification products to provide a complete solution for advanced identity fraud prevention. The… |
| Mar 14, 2023 | Shufti Pro appoints Dubai team leaders, signs up 3 fintechs for identity verificationShufti Pro has signed up a trio of customers in different areas of fintech for its biometric identity verification to… |
| Mar 7, 2023 | Fintech fraud and compliance concerns lift selfie biometrics, ID verification providersGrowth in both the fintech sector and digital fraud rates are providing tail-winds for selfie biometrics and identity verification providers…. |
| Feb 28, 2023 | Shufti Pro makes fraud report available, upgrades AML capabilitiesMore than 1 in 7 attempted online financial transactions in 2022 was fraudulent, according to Shufti Pro‘s ‘Identity Fraud Report… |
| Feb 21, 2023 | Sumsub, iDenfy, Identomat and Plaid each move to ease compliance checks for businessesA ‘Complete Guide to Business Verification (KYB)’ has been published by Sumsub to help B2B companies mitigate rising fraud rates… |
| Feb 17, 2023 | Shufti shows ID document fraud increase, Onfido warns of tighter regulationsGrowing fraud risk is no surprise to anyone around the digital identity landscape, but Shufti Pro’s findings that identity document… |
| Feb 15, 2023 | ID management vendors create services for vulnerable war refugeesA UK onboarding company says it is making its software and services available to protect refugees from Russia’s invasion of… |
| Feb 10, 2023 | Identity verification customer wins unveiled by Shufti Pro, Jumio, Yoti, TrustmaticSeveral selfie biometrics providers have announced new partnerships or solutions focused on secure customer verification to reduce fraud across different… |
| Feb 7, 2023 | Selfie biometrics for ID verification expand on AirbnbOne of the world’s largest online rental platforms is increasing its use of identity verification, which is sometimes but not… |
| Jan 24, 2023 | Biometrics providers push further into financial services, past digital ID misconceptionsA set of stubborn myths about digital ID are posing stubborn barriers to its application in banking and financial services,… |
| Dec 14, 2022 | KYC and AML costs add up, compliance with biometrics costs less: OndatoThe cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of… |
| Dec 6, 2022 | ID fraud rises worldwide but biometrics helps KYCSeveral companies in the know-your-customer (KYC) and anti-money laundering (AML) spaces have recently shared new insights into the industry. The… |
| Nov 30, 2022 | Online marketplaces say ID verification is vital amid KYC dealsEighty-seven percent of online marketplace executives view identity verification as critical to protecting consumers and building trust in uncertain times,… |
| Nov 9, 2022 | New risk profiling software and digital ID verification customer growth at Shufti ProDigital ID verifier Shufti Pro has launched new risk profiling software and is boasting new executive and staff hires, regional… |
Shufti Pro Industry Insights
Top 5 biometric recognition methods to reimage digital banking systems in 2023
By Damien Martin, Marketing Executive at Shufti Pro When it comes to money, online payments, and other financial errands, security is…
Shufti Pro White Papers
Shrinking the space for travel industry scams with biometric verification
Travel and tourism is an ever booming industry that has grown by leaps and bounds, especially in the recent decades….
| Feb 24, 2023 | Shufti Pro Identity Fraud Report 2022 |
| Apr 21, 2021 | NFC Verification: Not Cutting Any Corners With Remote ID Authentication |
| Feb 14, 2021 | Global Identity Fraud Report 2020 |
Biometrics Explainers by Shufti Pro
Top 5 biometric recognition methods to reimage digital banking systems in 2023
By Damien Martin, Marketing Executive at Shufti Pro When it comes to money, online payments, and other financial errands, security is…
| Nov 19, 2022 | Facial recognition technology and deep learning models: Empowering the modern-day industries |
| Feb 7, 2021 | AI-Based Video Identification Shaping the Insurance Industry in 2021 |
