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
Biometrics providers push further into financial services, past digital ID misconceptions
A 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… |
| Oct 28, 2022 | Shufti Pro’s selfie biometric KYC solution deployed by 2 fintechs for fraud preventionShufti Pro has announced two separate integration partnerships this week. The first one is with MENA’s first micro-investment mobile app… |
| Sep 29, 2022 | New solution and partnerships unveiled amid flurry of selfie biometrics and KYC activityRomania-based Qoobiss has launched an anti-money laundering solution for businesses in the financial sector based on the company’s selfie biometric,… |
| Sep 23, 2022 | KYC fraud loss tool launched by Sumsub amid digital ID deals, awardDigital ID providers are continuing to extend their software toolkits for KYC checks, and their market reach. Shufti Pro has… |
| Jul 7, 2022 | iProov, CyberLink, Shufti Pro each chosen for biometric verification of remote transactionsBiometric solution providers have unveiled a series of new customer sign-ups, all focused on user verification for either cryptocurrency, gaming… |
| Jun 20, 2022 | Shufti Pro enters two US state gambling markets, pockets conference awardBiometric ID verification service firm Shufti Pro has been awarded two gambling-industry licenses in the United States, in West Virginia… |
| Jun 9, 2022 | Face biometrics solutions launched by CycurID for onboarding, Veriff for authenticationA number of companies offering selfie biometrics have made new announcements this week, with CycurID launching a new platform, Veriff… |
| Apr 28, 2022 | Selfie biometrics onboarding takeover continues with new customers, success storiesA number of companies in the identity space have announced new biometric partnerships this week, with TendedBar joining forces with… |
| Apr 25, 2022 | Hitachi LG, CardLab, Shufti Pro, Datasonic win accolades for biometric productsA joint venture with Hitachi and LG won a design award for its facial recognition smart signage system, CardLab was… |
| Apr 18, 2022 | Shufti Pro wins regtech startup award; provides digital ID verification for 10M UkrainiansShufti Pro was awarded as the winner of ‘Top RegTech Startups’ under the category of ‘Emerging Startups 2022’ by Tracxn to… |
| Mar 31, 2022 | IDPro, Shufti Pro, Iris ID, Genetec, Signicat, ID.me, Lumeo select new executive leadershipIt has been a busy stretch for human resources departments at biometrics and digital ID providers, with IDPro, Shufti Pro,… |
| Mar 17, 2022 | Shufti Pro plans global biometric KYC expansion with $20M Series A funding roundShufti Pro has raised $20 million to accelerate the global expansion of its biometric face verification, know your customer checks and… |
| Feb 28, 2022 | Fintech-focused biometrics and KYC partnerships, new platforms unveiledFace biometrics providers continue to rapidly sign up new customers and partners for technologies to support remote customers, with FYNXT… |
| Feb 15, 2022 | Biometrics bring security for dating, matrimony – and bettingA series of developments around the world aim to reduce fraud and improve trust where people want it most –… |
| Feb 15, 2022 | Digital ID fraud mostly through web channel in 2021: Shufti Pro reportThe overall digital identity and financial fraud rate leapt to 37 percent of attempted transactions in 2021, from only 20… |
| Dec 21, 2021 | Five face biometrics partnerships and big ambitions revealedAs the use of selfie biometrics and digital identity diffuses across more sectors and parts of life, the number of… |
Shufti Pro Industry Insights
Eliminating the black market for fake COVID vaccine certificates via automated solutions
By Sarah Amundsson, Customer Success Manager at Shufti Pro. Since the onset of the COVID-19 pandemic, the global fraud landscape has…
Shufti Pro White Papers
NFC Verification: Not Cutting Any Corners With Remote ID Authentication
73% of smartphone devices are NFC-enabled. In 2020, the number of payments made with NFC-enabled devices was above $130 billion….
| Feb 14, 2021 | Global Identity Fraud Report 2020 |
Biometrics Explainers by Shufti Pro
Facial recognition technology and deep learning models: Empowering the modern-day industries
By Damien Martin, Marketing Executive at Shufti Pro The technological revolution has fueled the growth of all industries worldwide but…
| Feb 7, 2021 | AI-Based Video Identification Shaping the Insurance Industry in 2021 |
