Provenir_2022_Fintech_Agenda_APAC

A ge v e r ific a t i o n , KY C a nd inc o me v e r ific a t i o n le a d t he p a ck f or top typ e s o f d a t a us ed in r i s k deci s i o ning .

A ge v e r ific a t i o n 88 % , KY C 87 % a nd b a nk a cc ou n t v e r ific a t i o n a nd v a lid a t i o n 76 % a r e t he top sour ce s o f a l t e r n a t i v e d a t a us ed in r i s k deci s i o ning b y r e spo nden ts .

W hich o f t he f o ll ow ing sour ce s o f a l t e r n a t i v e d a t a d o you c urr en t l y incl u de in your r i s k deci s i o ning ?

88 %

A ge V e r ific a t i o n

KY C K n ow Y our C usto me r

87 %

I nc o me V e r ific a t i o n & Va lid a t i o n

76 %

B a nk A cc ou n t V e r ific a t i o n & Va lid a t i o n

73 %

A l t e r n a t i v e C r edi t R i s k

71 %

70 %

C r edi t R i s k

67 %

F a ci a l B i o me tr ic s

61 %

O p en B a nking

E m p l oy men t V e r ific a t i o n

56 %

D o c u men t V e r ific a t i o n & Va lid a t i o n

51 %

47 %

I den t i ty & V e r ific a t i o n

39 %

F r a u d

KY B K n ow Y our B us ine ss

37 %

37 %

C o llec t i o n s

27 %

A ff or d a bili ty

10 %

S o ci a l M edi a

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