The Role of AI in the Identity Verification Process - Identomat

If anything, the importance and potential of Artificial Intelligence in the KYC space is underplayed and underrated. The industry has been under immense pressure in the past couple of years with regulations and scandals redefining the means and ways you go about Know Your Customer procedures. In the midst of this disarray, AI has emerged as the guiding light, the savior the compliance space was calling for. What does AI mean for compliance, what's the role of this new3 technology and what problems does it really solve? The idea that Artificial Intelligence will replace humans is ignorant, to say the least.