The landscape of Know Your Customer (KYC) and Know Your Business (KYB) processes is rapidly evolving, driven by technological advancements and the increasing demand for more efficient and accurate compliance solutions. As we move into the future, several key trends have emerged, indicating a significant shift towards digital compliance and the integration of innovative technologies. Drawing insights from leading experts in the field, this post explores the future of KYC and KYB, emphasising the trends that are set to redefine these crucial processes. The Rise of Digital Identity Verification In an expert roundtable hosted by Sumsub in 2024, top KYC trends were discussed, highlighting the pivotal role of digital identity verification technologies. As traditional manual verification methods become increasingly untenable due to their time-consuming nature and potential for human error, digital solutions offer a more efficient alternative. These technologies leverage advanced algorithms