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: Even the Pope Can't Get Into His Bank AccountWhen even the Pope fails identity verification, it’s clear legacy systems are broken. Prove Unified Authentication delivers secure, seamless identity verification that moves with users.
Read the article: Prove Launches Identity Platform as the Trust Layer for an Agentic WorldProve launches the Prove Identity Platform, a unified trust layer that transforms identity verification from a one-time event into a persistent foundation for verifying people, businesses, and AI agents in real time. Built on 12 years of authenticated identity history, the platform delivers adaptive authentication, advanced fraud protection, and proactive identity monitoring across the entire customer lifecycle.
Read the article: Introducing the Prove Identity Platform: The Identity Infrastructure for the AI EraLearn how the Prove Identity Platform delivers unified identity infrastructure for the AI era — replacing fragmented verification, authentication, and fraud tools with one persistent, connected system.
