KYC Automation for Scale?
asked by u/suzuki_yan · 8d · 2 answers
For those scaling up fintech ops, what are some of the go-to solutions for automating KYC that don't break the bank but still offer robust ID verification across various jurisdictions?
For those scaling up fintech ops, what are some of the go-to solutions for automating KYC that don't break the bank but still offer robust ID verification across various jurisdictions?
Honestly, robust ID verification across multiple jurisdictions without breaking the bank is a pipe dream. You either compromise on global coverage, the level of verification, or you pay for a top-tier provider.
Honestly, for robust multi-jurisdictional KYC without breaking the bank, you're likely looking at a hybrid approach. Off-the-shelf solutions get expensive fast when you factor in global coverage and compliance intricacies, and anything cheap probably isn't robust enough.