KYC Automation for High-Volume, Low-Value Transactions
Curious how firms are handling KYC/KYB for high-volume, low-value transactions, especially in emerging markets or fintech where the average ticket size might not justify a full manual review for every single client. Are there robust, AI-driven solutions that effectively balance regulatory compliance with operational efficiency, or is it still largely a game of risk-based sampling and hoping for the best? The cost per onboarding can quickly eat into margins if not managed smartly, but the regulatory stick for AML failures isn't getting any lighter.