Fintech Insights
Regulatory Horizon Scan: KYC and Digital Identity Trends
Landscape update Regulators are increasingly emphasizing risk-based onboarding controls, explainability in screening decisions, and stronger audit trails. Practical implications 1. Tiered KYC thresholds should align to transaction behavior, not static limits only. 2. Identity verification providers need clear fallback flows for low-confidence matches. 3. Data retention and deletion workflows should