Shufti adds QES, transaction monitoring and Travel Rule tools

Shufti unveiled three products in its Innovation Drop: Summer Edition 2026, adding qualified electronic signatures, transaction trust monitoring and Travel Rule compliance to its compliance platform. The launch targets businesses that need to connect identity verification, regulated signing, AML checks and digital asset transfer rules in one workflow.

Why it matters: - Shufti is trying to reduce the compliance fragmentation that forces businesses to stitch together separate tools for identity verification, signing, fraud detection, AML monitoring and virtual asset compliance. - The new products are aimed at preserving an audit-ready record across the customer lifecycle, which matters for regulated businesses facing tighter identity, financial crime and digital asset rules. - The launch arrives as eIDAS, the EU AML Regulation and Travel Rule requirements continue to raise the bar for trusted digital identity and transaction oversight.

What happened: - Shufti announced its Innovation Drop: Summer Edition 2026 on Aug. 18 in London. - The release adds three products under the Glocal platform: Qualified Electronic Signatures, Transaction Trust Monitoring and Travel Rule Compliance. - Frayam Asif, chief technology officer at Shufti, said the company expanded its platform to connect compliance activities around a verified identity. - Shufti scheduled three live demo sessions for Aug. 18, Aug. 25 and Sept. 1.

The details: - Qualified Electronic Signatures lets businesses verify an individual and complete qualified e-signing in one onboarding workflow. - The QES product connects identity verification, trust services, certificate issuance and signing evidence. - QES links each signature to an identity already verified through Shufti workflows. - QES carries the same legal standing as handwritten signatures across all 27 EU member states under eIDAS Article 25. - QES keeps a tamper-evident audit trail that ties together identity evidence, signing activity and document integrity. - The hash-signing option sends only a SHA-256 hash of the document, so confidential contracts stay in the customer environment. - Signers can be verified through a national eID, a document and face biometric check, or an NFC chip and face biometric check. - Transaction Trust Monitoring scores each transaction in real time against the verified identity behind the account. - The monitoring product combines fraud and AML detection in one FRAML engine instead of separate systems. - The scoring model combines sanctions, PEP, structuring, mule and velocity signals into one composite score against a customer’s behavioral baseline. - If data inputs are incomplete, the system returns Not Assessable instead of clearing the transaction as low risk. - The transaction product supports MLRO review and can compile SAR, STR and CTR filings for the relevant Financial Intelligence Unit. - The product keeps investigation evidence and decision records for regulatory reviews and reporting. - AI-assisted features support risk detection, alert prioritization and case preparation, while the MLRO signs off on any regulator-facing output. - Travel Rule Compliance automates the originator and beneficiary information a firm must transmit when moving virtual assets. - The product is designed for obligations under FATF Recommendation 16 and the EU Transfer of Funds Regulation alongside MiCA. - One integration connects businesses to multiple Travel Rule networks. - The system matches the receiving institution against a directory of more than 12,000 counterparty entities. - The product assigns a risk score to every counterparty VASP before a transfer. - Originator and beneficiary data is exchanged in encrypted form on the IVMS 101 messaging standard. - The Travel Rule product includes routing, retries, delivery tracking and a full audit trail. - Self-hosted wallet verification is available through four verification methods using a secure link valid for 24 hours. - Shufti says the platform serves more than 2,000 businesses across banking, fintech, payments and iGaming.

Between the lines: - Shufti is positioning itself as a single compliance stack rather than a point-solution vendor. - The product set covers three pressure points at once: legally binding signing, transaction oversight and digital asset transfer compliance. - The focus on audit trails and evidence suggests the company is selling to firms that need both operational workflow and regulatory defensibility.

What's next: - Shufti will hold live product demos on Aug. 18 for QES, Aug. 25 for Transaction Trust Monitoring and Sept. 1 for Travel Rule Compliance. - The sessions are intended to show the products in real workflows and answer questions in real time. - Businesses interested in the launch can register for the demo sessions through Shufti's announcement.

The bottom line: - Shufti is broadening its compliance platform to cover identity verification through regulated signing, monitoring and virtual asset transfers in one connected workflow.