KYC GUIDE

Streamline KYC. The essential guide for SMBs

Discover how your small and medium-sized business can be protected from fraud, comply with regulations, and grow with confidence. Download our free guide now to access valuable insights and best practices to safeguard your business and build lasting trust.

Here is what you will learn

Don’t let fraud and compliance challenges hold your business back. Download our guide today and take the first step toward a safer, more efficient future.

Proven best practices for KYC

Learn how to implement cost-effective and efficient KYC processes tailored for SMBs.

Fraud insights

Understand how fraud is affecting SMBs and how to mitigate these risks and avoid revenue hits.

Turning challenges into opportunities

Discover how a seamless KYC and onboarding process could help you get more loyal customers without more marketing efforts.

Why KYC is essential for SMB success

An Account Takeover (ATO) costs $6,232 per incident, plus the long-term impact on trust, reputation, and rising costs. Non-compliance fines and customer churn add to the damage. Download our free guide to learn how to prevent it.

Fraud Risks

Fraud is evolving: Deepfake incidents rose by 700% in 2023, making SMBs more vulnerable. In the UK alone, 8 out of 10 mid-sized businesses reported fraud in the last 5 years.

Complex compliance requirements.

Staying compliant with global regulations like AML standards is a challenge. Non-compliance isn’t an option. Financial businesses faced fines totaling $6.6 billion in 2023 alone.

Customer acquisition and conversion rates.

Long, complicated onboarding drives away customers, with 68% abandoning applications and 1 in 5 citing poor user experience. For SMBs, this means higher customer acquisition costs and lost opportunities to grow.

Limited resources and lack of automation.

SMBs often lack the compliance teams and infrastructure that larger businesses have. KYC can be resource-intensive, with +50% of costs tied to manual processes.