Cut manual KYC costs by auto-approving 92.5% with device-risk signals

Cut manual KYC costs by auto-approving 92.5% with device-risk signals targets a $6.0B = 150,000 regulated online platforms and mid-market financial services customers × $40K ACV total addressable market with medium saturation and a year-over-year growth rate of 18% CAGR (identity verification & fraud prevention market — MarketsandMarkets / industry reports, 2023-2028).

Key trends driving demand: Shift to automated decisioning — companies prioritize reducing human review to accelerate onboarding and lower costs, creating demand for high-precision auto-approval systems.; Increase in remote-access and session-takeover fraud — as remote work and malware-as-a-service grow, session and device telemetry become essential signals that traditional KYC misses.; Regulatory scrutiny of onboarding processes — regulators expect auditable, explainable risk-based controls, increasing demand for solutions that provide transparent decision trails.; Edge and on-device telemetry improvements — decreased latency and better privacy-preserving telemetry enables real-time scoring without shipping PII..