1、Insights into Payments and BeyondEndorsement partners:Emerging Technologies and Trends in Identity Verification,KYC,and KYB Report 2024RELEASE VERSION 1.0MAY 2024COPYRIGHT THE PAYPERS BVALL RIGHTS RESERVEDTEL:+31 20 893 4315 FAX:+31 20 658 0671MAIL:EDITORTHEPAYPERS.COMContact usFor inquiries on edit

2、orial opportunities please contact:Email:To subscribe to our newsletters,click hereFor general advertising information,contact:Mihaela MihailaEmail:Emerging Technologies and Trends in Identity Verification,KYC,and KYB Report 20243THE PAYPERS|EmErging TEchnologiEs and TrEnds in idEnTiTy VErificaTion,

3、Kyc,and KyB rEporT 2024sharpen your knowledgeTwo woodcutters began their day by cutting wood.One of them tirelessly swung his axe,never taking a break,while the other would occasionally step away from his task and then return after some time.Surprisingly,by the end of the day,the woodcutter who had

4、taken breaks had cut more wood than his nonstop counterpart.The diligent woodcutter couldnt help but wonder how this could be possible.Curious,he asked his colleague for an explanation.The response was simple yet profound:every time he took a break,he would sharpen his axe,making it easier to cut th

5、rough the wood efficiently.The moral?in the complex world of digital onboarding,we must be creative and open-minded,and sharpen our knowledge about the latest practices and technologies that enable financial institutions and regulated entities to reduce fraud and build trust,navigate evolving regula

6、tory and compliance requirements,and cut operational costs.As part of this effort,The Paypers launches the first edition of the Emerging Technologies and Trends in Identity Verification,KYC,and KYB Report.The report offers industry experts and tech vendors a platform to share the latest trends and d