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,…
Shufti Pro - biometrics topics
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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…
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…
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,…
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…
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…
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…
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,…
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…
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…
