KEY FACT
Low-risk customers reviewed every 5 years, medium-risk every 3 years, high-risk annually
REGTECH
P E R P E T U A L K I S T R A N S F O R
KEY FACT
140 %+
KYC spending projected to grow 140 % over next 5 years
Low-risk customers reviewed every 5 years, medium-risk every 3 years, high-risk annually
Financial institutions have long grappled with a fundamental challenge: how to keep pace with changing customer risk profiles whilst meeting increasingly stringent regulatory requirements.
Enter perpetual KYC( pKYC), a transformative approach that’ s reshaping how the industry thinks about customer verification. Unlike traditional systems that rely on periodic snapshots, pKYC leverages real-time data feeds, artificial intelligence and automated monitoring to create a living, breathing view of customer risk. This dynamic approach enables institutions to detect emerging threats faster, respond to regulatory changes more effectively and maintain compliance without the resourceintensive burden of manual reviews. By integrating multiple data sources – from transaction patterns and news feeds to social media and regulatory watchlists – pKYC systems can identify subtle indicators of risk that might otherwise go unnoticed for months or years by monitoring customer data continuously, triggering alerts the moment something significant shifts.
70 August 2025