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Shufti Pro

Shufti Pro

Website: shuftipro.com

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

 

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…

Dec 13, 2021

Sumsub takes selfie biometrics to SMB market with new service

Sumsub is launching a new set of services to give small and medium-sized businesses an easy way to adopt selfie…

Nov 29, 2021

Shufti Pro provides biometric onboarding for NFT investors, payment solutions

Digital ID expert Shufti Pro has entered a new partnership with NFT solutions provider 99Starz. As part of the collaboration,…

Nov 25, 2021

Biometric spoof attempts on the rise: Shufti Pro reports

A new white paper released by Shufti Pro suggests biometric fraud attempts are quickly rising during the holiday season, spurred…

Nov 22, 2021

Shufti Pro wins biometric onboarding contract with Russian SIM provider

Russian SIM service provider Birka has selected Shufti Pro to provide biometric ID verification for customer registration. Birka customers will…

Nov 10, 2021

KYC and digital ID momentum seen in award, customer wins, new products and partnerships

In an eventful week for digital ID solutions around the world, The Baltic Assembly has awarded iDenfy the Baltic Innovation…

Nov 4, 2021

Biometric KYC for financial services extended with FacePhi, Shufti Pro, Vouched deals

The digital identity verification and know your customer (KYC) sector continues to flourish in part due to the effects of…

Oct 26, 2021

FacePhi, Veritran launch biometric KYC tools into expanding identity verification market

The identity verification market is set to more than double over the next four years, according to a new report…

Oct 22, 2021

Online digital ID verification stays hot, survey shows 10 minute onboarding window

It is an eventful week for digital ID solutions in the financial sector, with Onfido publishing a new report, Shufti…

Oct 15, 2021

Shufti Pro biometric KYC checks now available for NetLync, Sopra Banking customers

eSIM technology provider NetLync has selected Shufti Pro to provide biometric identity verification for digital know your customer (KYC) checks as…

Sep 27, 2021

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…

Aug 26, 2021

Vouched secures $4.5M for selfie biometrics in hot remote onboarding market

Steadily rising demand for remote onboarding and compliance with know your customer and anti money-laundering regulations has led to a…

Jul 27, 2021

Shufti Pro CEO testifies in support of Improving Digital Identity Act at Congressional Hearing

Shufti Pro CEO Victor Fredung explained the need for a unified framework for digital identity in the United States due to…

Jul 20, 2021

Selfie biometrics power KYC and fraud prevention from crypto platforms to governments

Solutions and implementations of ID document checks and face biometrics continue to proliferate, with GetID launching a new tool, customer…

Jul 16, 2021

Trulioo and One World Identity explain biometric onboarding demand boom

The average consumer transacted with six new brands last year, according to a new report from Trulioo, putting pressure on…

Shufti Pro Industry Insights

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…

Jul 13, 2023KYC and AML in the MENA region 2023
Jul 1, 2023Banking on biometrics: The future of customer authentication
Jun 12, 2023Biometric technologies reshaping identity verification
Apr 17, 2023Shrinking the space for travel industry scams with biometric verification

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, 2022Facial recognition technology and deep learning models: Empowering the modern-day industries
Feb 7, 2021AI-Based Video Identification Shaping the Insurance Industry in 2021

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