Redefining customer oversight in an AI-enabled world
Know Your Customer programs are central to financial crime prevention. But keeping pace with rising risks, expanding regulations, and increasing operational costs has never been harder. Many organizations also face gaps in the specialized talent and technologies needed to operate KYC at scale.
And the risks are growing. Financial crime compliance costs rose for 99 percent of financial institutions last year, reaching $61 billion in the U.S. and Canada alone.1 KPMG helps clients reverse that trend with KYC managed services that combine deep regulatory experience, skilled professionals, and intelligent automation to elevate operations without compromising control.
By pairing human expertise with AI-powered digital workflows, we help financial institutions shift KYC from a manual, reactive process to a dynamic capability—one that reduces costs, improves accuracy, and strengthens customer relationships across the lifecycle.