Office 409 Coppergate House,
10 Whites Row,
London E1 7NF, UK
Shufti Pro
Shufti Pro is a market leader in building organisational trust through its identity verification services, including KYC, KYB, KYI, risk assessment, AML screening, biometric verification, and OCR solutions. The company aims to empower global businesses with its suite of 17 different IDV products, offering secure verification of 10,000+ ID documents in 150+ languages with more than 99% accuracy. Shufti Pro synergises 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
Onfido selfie biometrics integrated by Salesforce as KYC signup pace sustains
Salesforce 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 matching for ID verification expands 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… |
| 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,… |
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
iGaming white paper 2023
With 2.2 billion virtual players worldwide, the online gaming market continues on an upwards trajectory of exponential growth; the market…
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 |
