3 Identity Trends Pushing KYC Beyond Compliance

Compliance executives have traditionally evaluated identity programs by asking whether they satisfied regulators and prevented fraud. But PYMNTS Intelligence research , done in collaboration with Trulioo , indicates that the way companies organize know your customer (KYC), know your business (KYB) and emerging know your agent (KYA) functions can affect operating costs, approval rates and expansion opportunities at least as much as traditional loss prevention. As a result, identity operating mode