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Shufti Pro

Shufti Pro

Website: shuftipro.com

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: Ondato

The 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 KYC

Several 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 deals

Eighty-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 Pro

Digital 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 prevention

Shufti 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 activity

Romania-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, award

Digital 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 transactions

Biometric 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 award

Biometric 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 authentication

A 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 stories

A 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 products

A 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 Ukrainians

Shufti 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 leadership

It 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 round

Shufti 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 unveiled

Face 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 betting

A 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 report

The 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 revealed

As the use of selfie biometrics and digital identity diffuses across more sectors and parts of life, the number of…

Shufti Pro Industry Insights

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, 2021Global 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, 2021AI-Based Video Identification Shaping the Insurance Industry in 2021

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