No-Cost KYC: How to Update Your 2022 Onboarding Roadmap
Although KYC is a critical step in the onboarding process for companies in regulated industries, it presents unique challenges. In our recent webinar entitled “No-Cost KYC: How to Update Your 2022 Onboarding Roadmap,” 35% of poll respondents said that being able to prove the actual identity of the person behind a new application or transaction was a top challenge, while 24% stated that confusing and cumbersome identity verification flows were a concern. To complicate matters further, companies frequently need to use a number of KYC/AML vendors in order to comply with KYC regulations.
Fortunately, new technology is making KYC processes simpler and more powerful. During the webinar, I spoke with Mary Ann Miller, Fraud & Cybercrime Executive Advisor at Prove, and Tim Brown, VP of Product at Prove, to learn about 2022 KYC trends such as:
- How new “one-stop onboarding” solutions are helping companies solve these pain points with KYC included at no additional cost.
- How bundling KYC with phone-centric identity verification techniques drives a safer, faster onboarding process that removes friction while fortifying security.
Interested in learning more about how no-cost KYC can optimize your 2022 onboarding roadmap? Watch the whole webinar on-demand here.
Keep reading
Read the article: Prove’s State of Identity Report Highlights the New Rules of Digital TrustProve’s State of Identity Report explores why traditional point-in-time verification is failing and how businesses can transition to a continuous, persistent identity model to reduce fraud and improve user experience.
Read the article: The Super Bowl Highlights the Scale of Fraud in Online Sports GamingLearn how advanced identity verification helps sports betting operators combat fraud, deepfakes, and AI-driven threats.
Read the article: Identity Has Been Redefined. Here’s What That Means Now.In an era of deepfakes and automated fraud, traditional one-time identity verification is no longer enough. Learn why organizations must transition to continuous, adaptive identity systems to ensure security without sacrificing seamless user growth.
