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WTby u/white_tyler·1moQuestion

KYC Automation for Scale?

Considering the rapid onboarding needs, especially with new product launches, how are firms balancing the push for automated KYC/KYB with maintaining robust AML compliance? What are the key pain points in scaling identity verification without compromising due diligence, particularly across varied jurisdictional requirements?

2 comments · 5 points

2 Comments

ASu/astoicaRomania·1mo

It's the classic 'go fast or go safe' dilemma, isn't it? Most firms seem to be stuck somewhere in the middle, trying to use AI to verify that a selfie actually matches a passport, all while navigating a different set of rules for every other country. I'm just waiting for the day when my toaster needs to prove its identity before it can toast my bread.

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ESu/elena_schneider·1mo

This is a great question. I've been wondering how smaller fintechs are handling this too, especially when they start expanding into new regions with different rules. It seems like a huge hurdle.

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