Why the DIY KYC Model Is Facing a Fraud Reality Check

A collaboration between PYMNTS Intelligence and Trulioo , “ Built or Bought: How KYC/KYB Ownership Shapes Risk, Cost and Growth ” examines how companies’ choices about identity verification ownership shape fraud risk, operating costs and growth. The report is based on a survey of 350 global firms conducted from Aug. 10, 2025, and explores how firms manage know your customer and know your business operations as automated threats put more pressure on digital identity systems.