THE KYC CRISIS · GCC BANKING SECTOR
Every day your bank runs KYC
the old way...
⏳
20
DAYS
Average corporate KYC onboarding
Your competitors are already faster
💸
5
% OF COSTS
Consumed by financial crime compliance
Billions spent — mostly on manual labour
👷
28
% MANUAL
KYC refreshes still done by hand
Even at the world's top banks
🚨
$10.9
BN FINES
Paid globally for KYC failures since 2020
Regulatory risk is at an all-time high