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KYC automation challenges with niche client segments
We're finding significant friction scaling our automated KYC processes when dealing with very specific, often high-net-worth, client profiles. Standard databases and public records aren't always cutting it for enhanced due diligence, leading to manual bottlenecks. Curious if others have found efficient ways to integrate more nuanced data sources or if it just becomes a bespoke, case-by-case nightmare at a certain point.
1 comments · 1 points
This is really interesting. So it sounds like the automated tools work well for most clients, but those niche segments just need a lot more hands-on work. Have you looked into specialized third-party data providers that focus on less common data points, or is that what's still falling short?