KYC Automation for Cross-Border SMEs - Practical Considerations

We've been exploring further automating our KYC/KYB processes, particularly for onboarding small to medium-sized enterprises operating across multiple jurisdictions. The ideal scenario, of course, is a seamless digital flow that satisfies local regulatory requirements without needing a human touchpoint for every single validation.

The challenge isn't just the initial data collection and verification, but the ongoing monitoring and trigger events for re-verification, which seem to vary widely by locale and the specific type of business entity. We're finding that while the general principles of AML/CTF are global, the implementation details, particularly around beneficial ownership and PEP screening, often require country-specific adjustments to our rule engines.

Has anyone implemented a truly robust, highly automated cross-border KYC/KYB solution that handles the nuanced differences in regulatory expectations for SMEs without incurring significant manual review costs? I'm less interested in the big-name vendor pitches and more in the practicalities and pitfalls observed by those who've actually deployed such systems.