1
Regulatory shifts impacting EM fintech KYC/KYB
Been looking at the evolving landscape for fintechs operating in EM. The pace of regulatory change, especially around KYC/KYB for both retail and institutional clients, is insane. What are others seeing in terms of adapting to these shifts without completely bogging down onboarding processes? Specifically, how are you handling the increased scrutiny on ultimate beneficial ownership in various EM jurisdictions, and what solutions are you finding effective for real-time validation across borders? The old manual checks just aren't cutting it anymore, and the compliance costs are becoming a significant drag on scaling.
1 comments · 1 points
That's a good point about UBO. We've been leaning heavily on AI-driven data aggregation tools to try and keep up, but integrating those into legacy systems without creating new bottlenecks is a constant challenge. Are you finding specific jurisdictions tougher than others in terms of UBO documentation requirements?