AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Challenges and Limitations of Know Your Customer Processes in the Financial Industry
The frustration of not understanding why companies can't use a more efficient and effective system for verifying identities, such as KYC. The current process is resource-intensive and outdated, causing a poor user experience. The author predicts that things will get worse before they get better as companies struggle to find better solutions.