Industry Report
Built or Bought
How KYC/KYB Ownership Shapes Risk, Cost and Growth
Many organizations focus on improving their digital identity verification without ever questioning who should own the process to begin with. But ownership structure (whether in-house, third-party or a hybrid of the two) shapes everything from verification costs to fraud prevention effectiveness.
In this survey of 350 global companies, organizations managing KYC/KYB entirely in-house report spending more than double the cost compared to organizations relying on third-party providers. Yet, they’re also the most likely to experience fraud losses after detecting identity threats. This report explores why these differences exist and what they mean for organizations balancing security, efficiency and growth.
Download the report to learn:
- The strengths and challenges of in-house, hybrid and third-party verification approaches
- How verification ownership impacts cost, fraud prevention and business growth
- Insights and industry benchmarks to help optimize your verification approach
Build or Buy? See the Tradeoffs
Read the report
How KYC/KYB Ownership Shapes Risk, Cost and Growth
Many organizations focus on improving their digital identity verification without ever questioning who should own the process to begin with. But ownership structure (whether in-house, third-party or a hybrid of the two) shapes everything from verification costs to fraud prevention effectiveness.
In this survey of 350 global companies, organizations managing KYC/KYB entirely in-house report spending more than double the cost compared to organizations relying on third-party providers. Yet, they’re also the most likely to experience fraud losses after detecting identity threats. This report explores why these differences exist and what they mean for organizations balancing security, efficiency and growth.
Download the report to learn:
- The strengths and challenges of in-house, hybrid and third-party verification approaches
- How verification ownership impacts cost, fraud prevention and business growth
- Insights and industry benchmarks to help optimize your verification approach
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