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: The Crisis of Identity, Part 2: From Human Identity to Agent Authority with the Prove Identity GraphExplore how the Prove Identity Graph extends verified human identity to securely authorize AI agents through device-bound cryptographic trust and a reusable identity passport that enables safe, scalable agentic commerce.
Read the article: Key Marketplace Risk Trends for 2026: Identity, Trust, and the Systems We Need to BuildExplore key marketplace risk trends for 2026, from identity-driven trust and safety strategies to fraud prevention and building resilient digital platforms.
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Read the article: The Crisis of Identity, Part 1: Why Agentic Commerce Needs a KYA RoadmapAs AI agents begin transacting on behalf of humans, the lack of a unified identity standard is creating a trust crisis in agentic commerce, one that Prove’s Know Your Agent (KYA) framework aims to solve by securely linking every agent action back to a verified human.
