For fintechs experiencing rapid user growth, what are the most common pitfalls or bottlenecks encountered when trying to scale out KYC/KYB processes without compromising compliance standards?
The biggest bottleneck I've seen is often around the document verification part of the process, especially when dealing with international users and diverse document types.
Integrating disparate data sources and dealing with the sheer volume of false positives are the biggest headaches. The tooling often isn't built for that kind of scale, leading to a lot of manual review backlog.