As financial services become more digitalised, remote onboarding processes open the way for fraudsters to impersonate individuals with stolen, fake or synthetic identities. Financial institutions must respond to these new threats by leveraging more innovative, robust and technology-driven Know Your Customer (KYC) processes.

This white paper explores digital identity as part of the digital KYC journey, incorporating extensive desktop research with expert industry commentary to provide an in-depth understanding of how digital identities can best serve anti-financial crime efforts and contribute to the evolution of financial services.