{"id":31932,"date":"2025-11-24T10:26:32","date_gmt":"2025-11-24T09:26:32","guid":{"rendered":"https:\/\/figsflow.com\/uk\/?p=31932"},"modified":"2025-12-16T11:55:24","modified_gmt":"2025-12-16T10:55:24","slug":"top-7-kyc-trends-that-will-shape-compliance-in-2026","status":"publish","type":"post","link":"https:\/\/figsflow.com\/uk\/top-7-kyc-trends-that-will-shape-compliance-in-2026\/","title":{"rendered":"Top 7 KYC Trends That Will Shape Compliance in 2026\u00a0"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31932\" class=\"elementor elementor-31932\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-89b7532 e-flex e-con-boxed e-con e-parent\" data-id=\"89b7532\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1cf26eb elementor-widget elementor-widget-text-editor\" data-id=\"1cf26eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">You&#8217;ve verified the same client three times this year.<\/span><\/b><span data-contrast=\"auto\"> Different documents. Different addresses. Same mounting frustration about wasted hours.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Welcome to the compliance treadmill.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Manual KYC checks are consuming resources your firm doesn&#8217;t have. Regulators are demanding real-time monitoring. And your current system can&#8217;t keep pace with either of them.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The KYC trends shaping 2026 aren&#8217;t just about technology. They&#8217;re about survival in an increasingly complex regulatory landscape.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69b76d2 elementor-widget elementor-widget-text-editor\" data-id=\"69b76d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 aria-level=\"2\"><span data-contrast=\"none\">Key Trends at a Glance<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80}\">\u00a0<\/span><\/h2><p><span data-contrast=\"auto\">The compliance landscape is evolving faster than most firms can keep pace with. Here&#8217;s what&#8217;s reshaping KYC in 2026:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">AI-powered verification<\/span><\/b><span data-contrast=\"auto\"> is replacing hours of manual document review with instant automated checks that catch inconsistencies human eyes miss<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Biometric authentication<\/span><\/b><span data-contrast=\"auto\"> is becoming the primary verification method, moving beyond traditional document checks to facial recognition and liveness detection<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Real-time monitoring<\/span><\/b><span data-contrast=\"auto\"> is replacing annual reviews as regulators demand continuous client risk assessment rather than periodic snapshots<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Decentralised identity frameworks<\/span><\/b><span data-contrast=\"auto\"> are shifting from blockchain experiments to regulatory acceptance, giving clients control over their verified credentials<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Predictive analytics<\/span><\/b><span data-contrast=\"auto\"> are enabling risk-based approaches that replace one-size-fits-all procedures with intelligent, targeted due diligence<\/span><span data-ccp-props=\"{&quot;335559685&quot;:0}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fea7516 elementor-widget elementor-widget-heading\" data-id=\"fea7516\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">AI-Powered Identity Verification Goes Mainstream <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1047994 elementor-widget elementor-widget-image\" data-id=\"1047994\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-1024x683.jpg\" class=\"attachment-large size-large wp-image-31965\" alt=\"KYC Trend in 2026- AI-Powered Identity Verification Goes Mainstream\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-768x512.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-1536x1024.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-2048x1365.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-AI-Powered-Identity-Verification-Goes-Mainstream-650x433.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b9a2b0 elementor-widget elementor-widget-text-editor\" data-id=\"6b9a2b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Artificial intelligence is no longer experimental in <\/span><a href=\"https:\/\/figsflow.com\/uk\/how-to-complete-kyc-in-minutes-a-step-by-step-guide-for-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">KYC processes<\/span><\/a><span data-contrast=\"auto\">. Machine learning algorithms can now analyse thousands of data points across multiple databases in seconds. What took compliance officers days now happens before your client finishes their coffee.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">These systems use <\/span><b><span data-contrast=\"auto\">optical character recognition (OCR)<\/span><\/b><span data-contrast=\"auto\"> to extract data from identity documents automatically. OCR technology reads text from images and converts it into a machine-readable format, eliminating manual data entry errors that plagued traditional processes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The real power comes from pattern recognition capabilities:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Spot forged or tampered documents<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Flag inconsistencies that humans may miss<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Cross-check client data against sanctions lists, PEP databases, and adverse media<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">Process information from multiple sources at once<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Natural language processing takes this further by scanning news articles and legal records in multiple languages to highlight any red flags. The more these systems run, the more accurate they become.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">For accounting firms, this means faster onboarding without sacrificing due diligence. Routine checks run instantly, while compliance teams focus on the tricky cases that still need human judgment. This is one of the most influential KYC trends shaping how firms work in 2026.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81f23c6 elementor-widget elementor-widget-text-editor\" data-id=\"81f23c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b><span data-contrast=\"auto\">Did You Know? <\/span><\/b><\/h3><p><span class=\"TextRun SCXW245391695 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW245391695 BCX8\">Modern OCR systems can process thousands of identity documents per hour, converting images into machine-readable data with high accuracy.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86868ff elementor-widget elementor-widget-heading\" data-id=\"86868ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real-Time Continuous Monitoring Replaces Periodic Reviews <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ab9504 elementor-widget elementor-widget-image\" data-id=\"5ab9504\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-1024x683.jpg\" class=\"attachment-large size-large wp-image-31966\" alt=\"\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-768x512.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-1536x1024.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-2048x1365.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Real-time-continous-monitoring-replaces-periodic-reviews-650x433.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38649bc elementor-widget elementor-widget-text-editor\" data-id=\"38649bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The annual KYC review is quickly becoming outdated. Regulators now expect continuous monitoring because a client&#8217;s risk profile can shift overnight.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Modern systems track clients against watchlists and PEP databases in real time. If a new sanction, update, or adverse media story appears, compliance teams receive immediate alerts. This surveillance runs 24\/7 without manual effort.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Continuous monitoring now relies on event-driven triggers, such as:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Sudden large or unusual transactions<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Changes in business structure<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Shifts in beneficial ownership<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Behaviour patterns that fall outside a client&#8217;s normal activity<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Dynamic risk scoring updates a client&#8217;s risk rating automatically as new information surfaces. Someone low risk today can become high risk tomorrow due to regulatory changes or business developments.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This approach closes the gap between annual reviews and shows regulators that ongoing due diligence is taken seriously. Among today&#8217;s KYC trends, continuous monitoring is the biggest operational shift for most firms.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f459c1 elementor-widget elementor-widget-text-editor\" data-id=\"6f459c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">How does your firm detect unusual transactions instantly?<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Learn the strategies behind real-time AML monitoring. Check out the full post: <\/span><a href=\"https:\/\/figsflow.com\/uk\/aml-transaction-monitoring-explained\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">AML Transaction Monitoring (Complete Guide) | FigsFlow<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3003fbe elementor-widget elementor-widget-heading\" data-id=\"3003fbe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Decentralised Identity Solutions Gain Regulatory Acceptance <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6daea elementor-widget elementor-widget-image\" data-id=\"2d6daea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-1024x683.jpg\" class=\"attachment-large size-large wp-image-31967\" alt=\"\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-768x512.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-1536x1024.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-2048x1365.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trend-in-2026-Decentralised-Identity-Solutions-Gain-Regulatory-Acceptance-650x433.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3653cb5 elementor-widget elementor-widget-text-editor\" data-id=\"3653cb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Blockchain-based identity verification is shifting from theory to real use. Decentralised identity systems let individuals control their own verified credentials without relying on central databases. This tackles privacy concerns while keeping verification standards high.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">These systems rely on distributed ledgers that store encrypted credentials across multiple participants, with no single administrator. Because every participant holds an identical copy, the data becomes highly secure and resistant to tampering.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Clients use a digital identity wallet that holds verified credentials from trusted issuers. When <\/span><a href=\"https:\/\/figsflow.com\/uk\/what-are-the-steps-in-aml-checks-when-onboarding-clients-as-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">onboarding<\/span><\/a><span data-contrast=\"auto\"> with your firm, they share only the bits of information needed, rather than sending full documents each time. Everything is cryptographically secured and instantly verifiable.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Key advantages include:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Clients own and control their data<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credentials can be reused across different service providers<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Verification remains secure, transparent, and tamper-proof<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Regulators are now recognising digital credentials as valid documentation<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Self-sovereign identity frameworks are gaining traction, with initiatives like the EU Digital Identity Wallet driving regulatory acceptance.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">For accounting firms, this means faster onboarding, fewer repeat checks, and smoother client journeys. It&#8217;s one of the most innovative KYC trends emerging for 2026.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f091d72 elementor-widget elementor-widget-text-editor\" data-id=\"f091d72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"TextRun SCXW20554449 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW20554449 BCX8\">Fun Fact<\/span><\/span><\/h3><p><span class=\"TextRun SCXW9800394 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW9800394 BCX8\">The EU Digital Identity Wallet framework requires member states to provide secure, user-controlled digital ID wallets. These digital credentials are recognised across all EU countries, making cross-border verification faster and more reliable.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c46748b elementor-widget elementor-widget-heading\" data-id=\"c46748b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Biometric Authentication Becomes Standard Practice <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-210c2d1 elementor-widget elementor-widget-image\" data-id=\"210c2d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-1024x683.jpg\" class=\"attachment-large size-large wp-image-31968\" alt=\"KYC Trends in 2026\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-768x513.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-1536x1025.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-2048x1367.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Biometric-Authentication-Becomes-Standard-Practice-650x434.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70952fd elementor-widget elementor-widget-text-editor\" data-id=\"70952fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Fingerprints, facial recognition, and voice patterns are quickly replacing passwords. Biometrics verify identity using physical traits that are far harder to forge or steal.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Liveness detection now ensures the person being verified is physically present. These tools detect micro movements, skin texture, and other cues that photos or deepfakes cannot replicate.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Multimodal systems strengthen this further by combining methods. For example, a client may use facial recognition with voice verification, supported by fingerprint checks when needed. The technology also adapts naturally to changes such as aging or minor injuries.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Key advantages include:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Stronger protection against impersonation<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Fewer verification steps for clients<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Instant authentication across devices<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Behavioural biometrics add another layer by analysing how a person interacts with their device. This includes typing rhythm, mouse movement, and the way they hold their phone. These patterns are unique to each individual and very difficult for fraudsters to copy.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Privacy remains the main challenge. Regulators require explicit consent, careful data storage, and clear communication about how biometric information is handled. Firms must balance security benefits with privacy obligations, which makes biometrics one of the more complex KYC trends to implement properly.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a88192 elementor-widget elementor-widget-text-editor\" data-id=\"2a88192\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Want to Know More?<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p>\u00a0<span data-contrast=\"auto\">Biometric authentication strengthens KYC, but how does it differ from AML?\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">KYC focuses on verifying your client&#8217;s identity, while AML ensures transactions and behaviour are monitored to prevent financial crime.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">Learn more about the key differences here: <\/span><a href=\"https:\/\/figsflow.com\/uk\/difference-between-kyc-and-aml\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Difference Between KYC &amp; AML: What You Need to Know | FigsFlow<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05fae3c elementor-widget elementor-widget-heading\" data-id=\"05fae3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Enhanced Due Diligence for Crypto &amp; Digital Assets <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-703f04b elementor-widget elementor-widget-image\" data-id=\"703f04b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-1024x683.jpg\" class=\"attachment-large size-large wp-image-31969\" alt=\"\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-768x512.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-1536x1024.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-2048x1365.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Enhanced-Due-Diligence-for-Crypto-Digital-Assets-650x433.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-726b540 elementor-widget elementor-widget-text-editor\" data-id=\"726b540\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Cryptocurrency has pushed regulators to create new verification rules. Traditional KYC does not fit well with decentralised platforms and blockchain activity, so firms now rely on more specialised checks.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Blockchain analytics tools trace movements across wallets and exchanges. They highlight patterns that may indicate laundering, terrorist financing, or other suspicious activity.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">A few key areas now require deeper scrutiny:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Source of funds and whether the crypto originated from a legitimate activity<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">How many blockchain steps were involved before the funds reached the client<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Connections between different wallet addresses that may signal hidden risks<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">The Travel Rule adds another layer by requiring beneficiary information for crypto transfers above set thresholds. It mirrors traditional banking requirements but remains difficult to implement because of the decentralised nature of digital assets.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Regulators are releasing clearer guidance, including recommendations from the Financial Action Task Force. Firms supporting crypto clients need enhanced due diligence procedures that reflect the unique risks in this developing sector.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2aae3b elementor-widget elementor-widget-text-editor\" data-id=\"f2aae3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Did You Know?<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Customer Due Diligence (CDD) is the standard process for verifying clients, while Enhanced Due Diligence (EDD) is applied to higher-risk clients or complex transactions like crypto.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Learn how they differ and why EDD matters here: <\/span><a href=\"https:\/\/figsflow.com\/uk\/what-are-cdd-edd-why-do-bookkeepers-need-them\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">CDD &amp; EDD: Compliance Secrets Every Bookkeeper Must Know<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f840f7b elementor-widget elementor-widget-heading\" data-id=\"f840f7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risk-Based Approaches Driven by Advanced Analytics <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d27e249 elementor-widget elementor-widget-image\" data-id=\"d27e249\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"728\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-1024x745.jpg\" class=\"attachment-large size-large wp-image-31973\" alt=\"KYC Trends in 2026- Risk Based Approaches Driven By Advanced Analytics\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-1024x745.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-300x218.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-768x559.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-1536x1117.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-2048x1490.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-16x12.jpg 16w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Risk-Based-Approaches-Driven-By-Advanced-Analytics-650x473.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2271fa1 elementor-widget elementor-widget-text-editor\" data-id=\"2271fa1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The one-size-fits-all model for KYC is disappearing. Regulators now expect firms to focus their resources where the actual risk lies, and advanced analytics makes this possible at scale.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Predictive modelling uses historical data to forecast which clients may pose higher compliance risks. Machine learning identifies patterns linked to suspicious behaviour and becomes more accurate as more data flows through the system.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Network analysis uncovers relationships between clients, transactions, and third parties. It helps compliance teams see hidden links that could suggest coordinated fraud or laundering activity.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Key analytical tools now shaping risk scoring include:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Predictive models that highlight high-risk profiles<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Network mapping that exposes unusual connections<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Geopolitical insights that adjust risk in real time based on global events<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Geopolitical scoring is especially important. Political instability, sanctions, or regulatory shifts in a client&#8217;s jurisdiction can automatically raise or lower their risk rating.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">With quantified risk scores, firms can justify different levels of due diligence. Low-risk clients move through faster onboarding, while high-risk clients receive deeper scrutiny. This creates efficiency without reducing compliance quality and remains one of the smartest KYC trends for managing resources effectively.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1b84b8 elementor-widget elementor-widget-text-editor\" data-id=\"c1b84b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">See how risk-based KYC allows quick verification for low-risk clients and deeper checks for high-risk ones.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Explore the guide: <\/span><a href=\"https:\/\/figsflow.com\/uk\/how-to-complete-kyc-in-minutes-a-step-by-step-guide-for-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Complete KYC in Minutes! | Complete Guide For Accountants | FigsFlow<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2af640 elementor-widget elementor-widget-heading\" data-id=\"e2af640\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cross-Border Data Sharing Frameworks Mature <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da7f5c3 elementor-widget elementor-widget-image\" data-id=\"da7f5c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-1024x683.jpg\" class=\"attachment-large size-large wp-image-31974\" alt=\"KYC Trends in 2026- Cross Border Data Sharing Frameworks Mature\" srcset=\"https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-1024x683.jpg 1024w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-300x200.jpg 300w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-768x512.jpg 768w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-1536x1024.jpg 1536w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-2048x1365.jpg 2048w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-18x12.jpg 18w, https:\/\/figsflow.com\/uk\/wp-content\/uploads\/2025\/11\/KYC-Trends-in-2026-Cross-Border-Data-Sharing-Frameworks-Mature-650x433.jpg 650w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c4a01d elementor-widget elementor-widget-text-editor\" data-id=\"3c4a01d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">International verification used to involve weeks of correspondence. New data sharing agreements now make cross-border KYC faster and far more dependable.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Mutual recognition frameworks let firms rely on verification completed by regulated entities in other countries. The Legal Entity Identifier system gives businesses a single global identifier that simplifies cross-border checks.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">APIs now allow direct system-to-system verification. Firms can confirm foreign client information through secure links to overseas databases without exchanging physical documents.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Key developments accelerating cross-border KYC include:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Global identifiers such as the LEI<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Direct API based verification between jurisdictions<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Regional initiatives that harmonise verification standards<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Projects like the EU Single Digital Gateway are creating shared rules that reduce repeat checks for firms working across multiple countries. They also build trust mechanisms that regulators can use internationally.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Data privacy rules still create challenges. Firms must navigate GDPR, UK regulations, and varying global standards at the same time. Success depends on understanding both the legal requirements and the technical systems that enable compliant data transfer.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba05f44 elementor-widget elementor-widget-text-editor\" data-id=\"ba05f44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Experience the Future<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Figsflow has already incorporated all these KYC trends into its software, even before 2026. Don&#8217;t just take our word for it. Try it for free and see for yourself.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><a href=\"https:\/\/app.figsflow.com\/signup?utm_source=website\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Try FigsFlow for free.<\/span><\/a><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d23116 elementor-widget elementor-widget-text-editor\" data-id=\"8d23116\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><b><span data-contrast=\"auto\">Additional Resources<\/span><\/b><\/h2><ul><li><b><span data-contrast=\"auto\">Cost Savings of Automating AML &amp; KYC<\/span><\/b><span data-contrast=\"auto\">: <\/span><a href=\"https:\/\/figsflow.com\/uk\/cost-savings-of-automating-aml-kyc-for-accounting-practices\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Automate AML &amp; KYC and Save Big!<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<br \/><br \/><\/span><\/li><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Complete KYC in Minutes<\/span><\/b><span data-contrast=\"auto\">: <\/span><a href=\"https:\/\/figsflow.com\/uk\/how-to-complete-kyc-in-minutes-a-step-by-step-guide-for-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Complete KYC in Minutes! | Complete Guide For Accountants | FigsFlow<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">7 Actionable Tips to Master KYC<\/span><\/b><span data-contrast=\"auto\">: <\/span><a href=\"https:\/\/figsflow.com\/uk\/7-actionable-tips-to-master-kyc-for-your-accounting-practice\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Master KYC Like a Pro: 7 Tips Every Accountant Should Use<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">HMRC KYC Guidance<\/span><\/b><span data-contrast=\"auto\">: <a href=\"https:\/\/www.gov.uk\/government\/publications\/know-your-customer-guidance\/know-your-customer-guidance-accessible-version\" target=\"_blank\" rel=\"noopener\">&#8216;<\/a><\/span><a href=\"https:\/\/www.gov.uk\/government\/publications\/know-your-customer-guidance\/know-your-customer-guidance-accessible-version\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Know your customer<\/span><span data-contrast=\"none\">&#8216; guidance, accessible version &#8211; GOV.UK<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/a><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">2025 Guide to AML &amp; ID Verification<\/span><\/b><span data-contrast=\"auto\">: <\/span><a href=\"https:\/\/figsflow.com\/uk\/how-to-complete-kyc-in-minutes-a-step-by-step-guide-for-accountants\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">2025 Anti-Money Laundering ID Check Guide for Accountants in <\/span><span data-contrast=\"none\">the UK &#8211; FigsFlow<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcb508b elementor-widget elementor-widget-heading\" data-id=\"bcb508b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64af9d2 elementor-widget elementor-widget-text-editor\" data-id=\"64af9d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">KYC in 2026 is transforming how firms verify clients and manage risk. AI and biometrics make checks faster and more accurate, while continuous monitoring replaces outdated periodic reviews. Decentralised identity puts clients in control without compromising security.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Crypto and digital assets demand new due diligence frameworks, and risk-based analytics allow firms to focus on what matters most. Cross-border verification is becoming seamless through technology and international cooperation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Firms that embrace these trends benefit from faster onboarding and lower compliance costs. Those that resist risk are falling behind as regulatory pressure grows. The real question is not whether to adapt, but how quickly your firm can implement these leading KYC practices.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-988122e elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"988122e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tStay Ahead in 2026 \t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tKYC is evolving fast. Equip your firm with the right tools to stay competitive and relevant. You can do that with Figsflow.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/figsflow.com\/uk\/book-demo\/\">\n\t\t\t\t\t\tBook a Demo \t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-002bbd3 elementor-widget elementor-widget-heading\" data-id=\"002bbd3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-761a846 elementor-widget elementor-widget-bdt-accordion\" data-id=\"761a846\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bdt-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-container\">\n\t\t\t<div id=\"bdt-ep-accordion-761a846\" class=\"bdt-ep-accordion bdt-accordion\" data-bdt-accordion=\"{&quot;collapsible&quot;:true,&quot;multiple&quot;:false,&quot;transition&quot;:&quot;ease-in-out&quot;}\" \t\tdata-settings=\"{&quot;id&quot;:&quot;bdt-ep-accordion-761a846&quot;,&quot;activeHash&quot;:&quot;no&quot;,&quot;activeScrollspy&quot;:null,&quot;hashTopOffset&quot;:false,&quot;hashScrollspyTime&quot;:false,&quot;closeAllItemsOnMobile&quot;:false}\">\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-what-is-kyc-and-why-is-it-becoming-more-important-in-2026\"\n\t\t\t\t\t\t\tdata-accordion-index=\"0\" data-title=\"what-is-kyc-and-why-is-it-becoming-more-important-in-2026\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWhat is KYC, and why is it becoming more important in 2026?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW159112843 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW159112843 BCX8\">K<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">YC (Kn<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ow You<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">r C<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">us<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">tomer) <\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">refe<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">rs<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> to th<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">e p<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">rocess<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> fi<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">rm<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">s use to v<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">e<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">rify client<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> id<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">entities<\/span> <span class=\"NormalTextRun SCXW159112843 BCX8\">and as<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">sess<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> r<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">isk befor<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">e <\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">e<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">stablish<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ing<\/span> <span class=\"NormalTextRun SCXW159112843 BCX8\">busines<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">s rel<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ati<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ons<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">hips. <\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">It&#8217;s<\/span> <span class=\"NormalTextRun SCXW159112843 BCX8\">b<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ecomin<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">g mo<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">re im<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">por<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">tan<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">t because<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> f<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">raud techn<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">i<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">qu<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">es are mo<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">re sop<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">histi<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">c<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ated, reg<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">u<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">la<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">tors dema<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">nd <\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">higher s<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">tand<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ard<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">s, a<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">nd te<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">chnolo<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">gy mak<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">es co<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">mpre<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">hen<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">sive<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\"> verific<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ati<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">on both p<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">os<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">s<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ible and <\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">e<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">xpect<\/span><span class=\"NormalTextRun SCXW159112843 BCX8\">ed.<\/span><\/span><span class=\"EOP SCXW159112843 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-how-will-ai-change-kyc-processes-for-accounting-firms\"\n\t\t\t\t\t\t\tdata-accordion-index=\"1\" data-title=\"how-will-ai-change-kyc-processes-for-accounting-firms\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tHow will AI change KYC processes for accounting firms?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW228468426 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW228468426 BCX8\">AI automates document verification, cross-references multiple databases simultaneously, and <\/span><span class=\"NormalTextRun SCXW228468426 BCX8\">identifies<\/span><span class=\"NormalTextRun SCXW228468426 BCX8\"> suspicious patterns humans might miss. It reduces verification time from days to minutes while improving accuracy. This allows compliance teams to focus on complex cases requiring judgment rather than routine checks.<\/span><\/span><span class=\"EOP SCXW228468426 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-what-are-decentralised-identity-solutions-and-are-they-compliant-with-uk-regulations\"\n\t\t\t\t\t\t\tdata-accordion-index=\"2\" data-title=\"what-are-decentralised-identity-solutions-and-are-they-compliant-with-uk-regulations\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tWhat are decentralised identity solutions, and are they compliant with UK regulations?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW79241022 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW79241022 BCX8\">Dece<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">ntralised identity solutions use <\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">blo<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">ckchain t<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">echnology to let individuals <\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">cont<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">rol verified<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\"> credentials in digital w<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">allet<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">s. UK regulator<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">s are developing fram<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">eworks<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\"> to recognise thes<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">e systems, though<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\"> compre<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">hensive standards are<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\"> still <\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">emergi<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">ng<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">. Earl<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">y adoption requires care<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">ful atten<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">tion to e<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">volving regulatory guidance<\/span><span class=\"NormalTextRun SCXW79241022 BCX8\">.<\/span><\/span><span class=\"EOP SCXW79241022 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-do-small-accounting-practices-need-to-adopt-these-kyc-trends\"\n\t\t\t\t\t\t\tdata-accordion-index=\"3\" data-title=\"do-small-accounting-practices-need-to-adopt-these-kyc-trends\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDo small accounting practices need to adopt these KYC trends?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW127080576 BCX8\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW127080576 BCX8\">All regulated firms must meet KYC requirements regardless of size. While small practices may not need enterprise-level systems, they should adopt risk-based approaches and <\/span><span class=\"NormalTextRun SCXW127080576 BCX8\">leverage<\/span><span class=\"NormalTextRun SCXW127080576 BCX8\"> affordable technology solutions. Regulators expect reasonable measures appropriate to your <\/span><span class=\"NormalTextRun SCXW127080576 BCX8\">firm&#8217;s<\/span><span class=\"NormalTextRun SCXW127080576 BCX8\"> size and client risk profile.<\/span><\/span><span class=\"EOP SCXW127080576 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"bdt-ep-accordion-item\">\n\t\t\t\t\t\t<div\t\t\t\t\t\t\tclass=\"bdt-ep-accordion-title bdt-accordion-title bdt-flex bdt-flex-middle bdt-flex-between\" id=\"bdt-ep-accordion-how-much-will-implementing-new-kyc-technology-cost-for-uk-accounting-firms\"\n\t\t\t\t\t\t\tdata-accordion-index=\"4\" data-title=\"how-much-will-implementing-new-kyc-technology-cost-for-uk-accounting-firms\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon bdt-flex-align-right\"\n\t\t\t\t\t\t\t\t\taria-hidden=\"true\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-closed\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ep-accordion-icon-opened\">\n\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"fa-fw e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<span role=\"heading\" class=\"bdt-ep-title-text bdt-flex-inline bdt-flex-middle\" >\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tHow much will implementing new KYC technology cost for UK accounting firms?\t\t\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"bdt-ep-accordion-content bdt-accordion-content\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Costs vary dramatically based on firm size and chosen solutions. Cloud-based platforms start around \u00a3100-\u00a3300 monthly for small practices, while enterprise systems for larger firms can cost thousands monthly. Many providers offer scalable pricing that grows with your firm, making advanced KYC trends accessible to practices of all sizes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>You&#8217;ve verified the same client three times this year. Different documents. Different addresses. Same mounting frustration about wasted hours. Welcome to the compliance treadmill.<\/p>\n","protected":false},"author":31,"featured_media":31978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tocer_settings":[],"footnotes":""},"categories":[67,6],"tags":[11],"class_list":["post-31932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accountants","category-blog","tag-compliance"],"acf":[],"_links":{"self":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/comments?post=31932"}],"version-history":[{"count":2,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31932\/revisions"}],"predecessor-version":[{"id":33587,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/posts\/31932\/revisions\/33587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/media\/31978"}],"wp:attachment":[{"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/media?parent=31932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/categories?post=31932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/figsflow.com\/uk\/wp-json\/wp\/v2\/tags?post=31932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}