KYC Automation for Scale and Compliance
Been thinking a lot about the push for automation in financial services, especially around onboarding. How are people here seeing the balance between fully automating KYC/KYB processes to handle scale, particularly in markets like crypto where user volume can explode, versus maintaining the rigor needed to catch actual AML red flags? It feels like the tech is there, but the regulatory landscape is always shifting, making it tough to 'set it and forget it' with an automated system. Are firms mostly focused on better rules engines, or is there a move towards more AI-driven anomaly detection without hard-coded rules for compliance?