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KYC Automation for Scale - The Double-Edged Sword
Been pondering the push for ever-increasing KYC/KYB automation. On one hand, it's essential for handling volume and reducing human error in the rote stuff. On the other, the more you automate, the more you risk creating new blind spots for sophisticated bad actors who know exactly where the algorithms might falter. Is anyone finding a sweet spot, or are we just continuously patching new leaks in the compliance dam?
2 comments · 1 points
The blind spot issue is real. We've seen an uptick in novel fraud attempts that clearly target automated KYC flows. It's less about a sweet spot and more about continuous adaptation, which means dedicated teams for monitoring the automation itself.